NOT LISTED FOR SALE

24 Merrell Rd Leicester, NC 28748

Estimated Value: $543,000 - $650,000

2 Beds
2 Baths
1,568 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $505,000 $322 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,380/month

36 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Private Lot
  • Mud Room

About This Home

As of November 2022

Perched on a knoll above acres of rolling pasture and long range mountain views, this almost new home offers clean modern design combined with the beauty and privacy of rural living--without giving up High Speed internet access! Just 25 minutes to downtown Asheville. Hickory floors throughout, great fixtures, custom built in shelving and spacious light filled rooms. Full unfinished walk-out daylight basement offers endless options to customize and make it yours. Private gate on concrete drive, plenty of level parking for multiple vehicles. Oversize carport would accommodate large vehicles/campers. Basketball goal and fire pit areas are ideal for hours of entertaining family and friends.

Last Agent to Sell the Property

Glenn Haden

Howard Hanna Beverly-Hanks Asheville-Downtown License #164617 Listed on: 10/09/2022

Howard Hanna Beverly-Hanks Asheville-Downtown

Last Buyer's Agent

Daniel Owens

Nexus Realty LLC License #340304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Zoning described as OU

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Arts and Crafts Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Mud Room
  • Den with Fireplace
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Terrace
  • Outdoor Gas Grill

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Forced Air Heating System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • C Hipwell Association, Phone Number (828) 674-7807
  • Turkey Creek Farms Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 8792-74-2414-00000

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Contemporary
  • Year Built: 2020
  • Ratio Current Price By Acre: 155384.62
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 322.07
  • Special Features: 4098

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1568
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1568
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1568
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Living Area: 1568
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Gas Grill, Terrace, Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: C Hipwell
  • Phone: 828-674-7807
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 300.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Private, Sloped, Views, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 8792-74-2414-00000
  • Plat Book Slide: 56/20
  • Zoning Description: OU
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.30039

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2022
Closed on
Nov 15, 2022
Sold by
Jenkins James J
Bought by
Mccrea John and Mccrea Cynthia
Seller's Agent
Glenn Haden
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Daniel Owens
Nexus Realty LLC
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$596,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,442
Avg. Annual Appreciation
5.65%
Original Mortgage
$479,750
Outstanding Balance
$464,792
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$131,650

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 10, 2021
Sold by
Burrell Randy and Burrell Shelia
Bought by
Jenkins James A
Seller's Agent
Lacey Townsend
LOVE Land and Home Inc.
Buyer's Agent
Shane Dickerson
Zen Mountain Realty
List Price
$479,000
Sold Price
$449,000
Premium/Discount to List
-$30,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$409,757
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2020
Sold by
Bell Julie Ann and Slayton Lori
Bought by
Burrell Randy and Burrell Sheila

Purchase Details

Closed on
Oct 10, 1997
Sold by
Love George
Bought by
Merrell

Purchase Details

Closed on
Aug 19, 1996
Sold by
Carter Frank P
Bought by
Love
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccrea John $505,000 --
Jenkins James A $449,000 None Available
Burrell Randy $50,000 None Available
Merrell $146,500 --
Love $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrea John $479,750
Previous Owner Jenkins James A $409,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2022 11/15/22 Sold $505,000 +1.0% $322 / Sq Ft
10/09/2022 10/09/22 For Sale $500,000 +11.4% $319 / Sq Ft
09/22/2021 09/22/21 Sold $449,000 0.0% $286 / Sq Ft View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $449,000 -6.3% $286 / Sq Ft
06/16/2021 06/16/21 For Sale $479,000 -- $305 / 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
2025 -- $384,500 $33,400 $351,100
2024 -- $384,500 $48,400 $336,100
2023 $2,454 $384,500 $48,400 $336,100
2022 $2,416 $384,500 $0 $0
2021 $210 $33,400 $0 $0
2020 $189 $28,200 $0 $0
2019 $189 $28,200 $0 $0
2018 $189 $28,200 $0 $0
2017 $191 $28,100 $0 $0
2016 $209 $28,100 $0 $0
2015 $209 $28,100 $0 $0
2014 -- $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3911190

Canopy MLS (Canopy Realtor® Association)

APN: 8792-74-2414-00000