$480,000
SOLD OCT 7, 2022

1146 Thomas Branch Rd Marshall, NC 28753

2 Beds
1.5 Baths
1,214 Sq Ft
7 Acres

Recently Sold

$395 Per Sq Ft

13% Above List Price

38 Days on Market

Highlights

  • Guest House
  • New Construction
  • Hilly Lot
  • Madison Middle School Rated A-
  • Open Floorplan
  • Private Lot

About This Home

As of October 2022

MULTIPLE OFFERS. PLEASE SUBMIT BEST OFFER BY SEPT 1, 2022 AT 8PM! CONTEMPORARY CABIN IN THE WOODS and SEPARATE TINY CABIN ON SEVEN PRIVATE ACRES WITH ADD'L BUILDING SITE! Nourishing mountain breezes await you in this idyllic, south-facing cabin with pastoral views and end-of-the-road privacy! Delight in the many places to play and rejuvenate--hiking, gardening, splashing in the spring-fed ponds, hunting--or just relaxing on the covered deck or by the fire pit watching the clouds go by. Intelligent, energy-efficient build includes passive solar elements, radiant floor heat, open spaces with beautiful flow, and all modern conveniences. This homestead is great for a family compound, vacation rental getaway, organic nursery, full-time living, or whatever your dream may be! The secluded property feels worlds away yet close to everything--the lovely towns of Mars Hill and Marshall are only 10 minutes away and it's a quick highway to Asheville in less than 30 minutes-a commuter's dream!

Last Agent to Sell the Property

Danni Hurley

Red Dot Realty License #242095 Listed on: 08/29/2022

Last Buyer's Agent

Christian Witt

Asheville Realty Group License #314526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-A, RA

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Basement

Kitchen

  • Gas Cooktop
  • Range Hood

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Septic Tank

Additional Features

  • Heating system powered by passive solar
  • Fire Pit
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 9728239102
  • Tax Block 3-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,852

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2022
  • Ratio Current Price By Acre: 66666.67
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Guest House
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 395.39
  • Special Features: NewHome

Interior Features

  • Foundation Details: Block
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 537
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 290
  • Second Living Quarters Sq Ft: 192
  • Appliances: Gas Cooktop, Dryer, Exhaust Hood, Gas Range, Propane Cooktop, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 387
  • Living Area: 1214
  • Full Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: Yes
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Passive Solar, Radiant Floor
  • Sewer: Septic Installed
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Lower Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Orchard(s), Hilly, Private, Wooded
  • Lot Size Area: 7.2
  • Lot Size Units: Acres
  • Parcel Number: 9728239102
  • Plat Reference Section Pages: 5/957
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 3-A
  • RATIO List Price By Tax Amount: 2.40200

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 6, 2022
Sold by
Pace Simon Urbano Coconut
Bought by
Taseti Saki A
Seller's Agent
Danni Hurley
Red Dot Realty
Buyer's Agent
Christian Witt
Asheville Realty Group
List Price
$425,000
Sold Price
$480,000
Premium/Discount to List
$55,000
12.94%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.52%
Original Mortgage
$4,563,000
Outstanding Balance
$4,408,086
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
-$3,948,223

Purchase Details

Closed on
Mar 7, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
First Troy Spe Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Credit Line Revolving
Open $4,563,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $699,000 +45.6% $576 / Sq Ft
10/07/2022 10/07/22 Sold $480,000 +12.9% $395 / Sq Ft
08/29/2022 08/29/22 For Sale $425,000 -- $350 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $1,852 $331,568 $108,184 $223,384
2023 $1,224 $176,936 $76,875 $100,061
2022 $1,224 $172,523 $76,875 $95,648
2021 $1,198 $172,523 $76,875 $95,648
2020 $1,067 $150,376 $76,875 $73,501
2019 $847 $107,291 $69,886 $37,405
2018 $654 $0 $0 $0
2017 $408 $0 $0 $0
2016 $408 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $66,916 $66,916 $0
2013 -- $66,916 $66,916 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899381

Canopy MLS (Canopy Realtor® Association)

APN: 9728-23-9102