NOT LISTED FOR SALE

1048 Thomas Branch Rd Marshall, NC 28753

Estimated Value: $372,000 - $629,000

2 Beds
2 Baths
1,480 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $230,000 $155 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,687/month

14 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Private Lot
  • Madison Middle School Rated A-
  • Hilly Lot
  • Arts and Crafts Architecture

About This Home

As of October 2017

Fall in love with this classic mountain farmhouse w/its two story wraparound covered porches, hardwood floors, fresh paint & antique clawfoot tub in remodeled downstairs bath. Add'l 321 sqft in finished attic could be 3rd bedroom, wood stove, exposed brick & sunroom on upper porch add to its country charm. Acreage, partially fenced, could be used for terraced garden beds, chickens, livestock etc. Close to Mars Hill College, Bailey Mtn Bike Park, & Wolf Laurel, yet only 30 mins to Asheville.

Last Agent to Sell the Property

Luiz Leonetti

Town and Mountain Realty License #277781 Listed on: 08/12/2017

Last Buyer's Agent

Lyn McFarland

Asheville Bulldog Realty License #267963

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Private Lot
  • Hilly Lot
  • Many Trees
  • Property is zoned Residential Acreage

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Wood Burning Stove
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Heating System Uses Propane
  • Well

Additional Features

  • Shed
  • Fenced For Cattle

Listing and Financial Details

  • Assessor Parcel Number 9728-32-4893

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

4.3 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00437
  • Ratio Close Price By Original Li: 1.00437
  • Ratio Current Price By Acre: 53488.37
  • Ratio Current Price By Sq Ft: 155.41
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Block, Crawl Space
  • Upper Level Sq Ft: 740
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: Living Room, Primary Bedroom, Woodstove
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 321
  • Main Level Sq Ft: 740
  • Total Sq Ft: 1480

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Pasture, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: No A/C, Propane, Wall Unit Heat, Woodstove
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Hilly, Private, Trees
  • Parcel Number: 9728-32-4893
  • Plat Book Slide: 2/130
  • Zoning: Residential Acreage
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 168610.00
  • Tax Amount Ncm: 1029.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Sep 22, 2017
Sold by
Redd Jason Lee
Bought by
Stewart Michael Christopher and Pollari Niina Maria
Seller's Agent
Luiz Leonetti
Town and Mountain Realty
Buyer's Agent
Lyn McFarland
Asheville Bulldog Realty
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$478,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,033
Avg. Annual Appreciation
9.16%
Original Mortgage
$207,000
Outstanding Balance
$172,299
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$305,734

Purchase Details

Closed on
Aug 3, 2017
Sold by
Redd Jason Lee and Chandler Christina T
Bought by
Redd Jason Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Outstanding Balance
$172,299
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$305,734

Purchase Details

Closed on
Jul 12, 2010
Sold by
Luckner Cheryl A and Rodgers Bradley R
Bought by
Redd Jason Lee and Redd Christina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stewart Michael Christopher $235,000 None Available
Redd Jason Lee -- None Available
Redd Jason Lee $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Michael Christopher $207,000
Previous Owner Redd Jason Lee $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $230,000 +0.4% $155 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $229,000 -- $155 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,803 $360,596 $63,780 $296,816
2023 $1,308 $191,139 $45,342 $145,797
2022 $1,308 $191,139 $45,342 $145,797
2021 $1,308 $191,139 $45,342 $145,797
2020 $1,308 $191,139 $45,342 $145,797
2019 $1,187 $160,491 $41,220 $119,271
2018 $979 $0 $0 $0
2017 $1,029 $0 $0 $0
2016 $1,029 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $168,610 $49,337 $119,273
2013 -- $168,610 $49,337 $119,273
Source: Public Records

Agents Affiliated with this Home

  • Luiz Leonetti

    Seller's Agent in 2017

    Luiz Leonetti

    Town and Mountain Realty

    (828) 575-4428

    2 in this area

    139 Total Sales

    Luiz Leonetti
    Section Image

  • L

    Buyer's Agent in 2017

    Lyn McFarland

    Asheville Bulldog Realty

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3271815

Canopy MLS (Canopy Realtor® Association)

APN: 9728-32-4893

North Carolina Madison County Marshall 28753

1048 Thomas Branch Rd, Marshall, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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