NOT LISTED FOR SALE

42 Merrell Rd Leicester, NC 28748

Estimated Value: $600,777 - $734,000

3 Beds
2.5 Baths
2,160 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $640,000 $296 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,841/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wooded Lot
  • Mountain View
  • Private Lot
  • Wood Flooring

About This Home

As of June 2024

Picturesque Cape Cod/Farmhouse nestled on 2.5 private acres & is bordered by a rushing creek. The dreamy setting has level & rolling land & is everything you have been looking for: privacy, winter MTN views, level sunny green space, mature trees, room to garden & play, & a creek. Let the dreamy covered wraparound porch welcome you home. With quality construction throughout, this home has been meticulously maintained w/ tons of updates. The bright living room has 2-story ceilings, wide plank hrdwd flrs & a gas FP. Enjoy the sounds of the rushing creek from your private deck. The updated kitchen offers plenty of storage & a breakfast nook. Main level primary suite has a renovated bathroom w/ large walk-in shower, dbl vanity & 2 closets. The oversized 2-car garage is perfect for add. storage/workshop. Everything you’ve been looking for ideal country living yet only 10 min to grocery, 25 min. to DT AVL & 15 min to West AVL. Don't miss the Leicester Art Tour & Farm Tours, farmers markets.

Last Agent to Sell the Property

Eva Hartman

Town and Mountain Realty Brokerage Email: eva@townandmountain.com License #238776 Listed on: 05/13/2024

Co-Listed By

Amy Giles

Town and Mountain Realty Brokerage Email: eva@townandmountain.com License #210453

Last Buyer's Agent

Sam Rule

Town and Mountain Realty License #294251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1996

Lot Details

  • Front Green Space
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned OU

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in Mud Room
  • Laundry Room

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank
  • 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 8792-65-5220-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1996

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Farmhouse
  • Year Built: 1996
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 296.30
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: eva@townandmountain.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen Island, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1398
  • 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: 762
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2160
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s), Storm Door(s)
  • Fireplace Features: Gas Log, Gas Vented, Living Room, Propane
  • Living Area: 2160
  • Window Features: Insulated Window(s), Skylight(s)
  • Bedroom Main: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Partial
  • View: Mountain(s), Winter
  • Waterfront Features: None
  • Exclusions: Mirror in Dining Room, Washer, Dryer
  • Construction Type: Wood
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Floor Furnace, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: C Hipwell
  • Phone: 828-674-7807
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 300.00

Schools

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

Lot Info

  • Lot Features: Creek Front, Green Area, Level, Private, Sloped, Creek/Stream, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 8792-65-5220-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 18, 2024
Sold by
Obrien Stephanie and Gatti Jennifer
Bought by
Sellars Michael D and Sellars Ann E
Seller's Agent
Eva Hartman
Town and Mountain Realty
Buyer's Agent
Sam Rule
Town and Mountain Realty
List Price
$635,000
Sold Price
$640,000
Premium/Discount to List
$5,000
0.79%
Views
8
Current Estimated Value
$686,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,194
Avg. Annual Appreciation
4.99%
Original Mortgage
$512,000
Outstanding Balance
$505,553
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$180,641

Purchase Details

Closed on
Aug 6, 2004
Sold by
Dolan David A and Dolan Judith K
Bought by
Obrien Stephanie and Gatti Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sellars Michael D $640,000 None Listed On Document
Obrien Stephanie $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellars Michael D $512,000
Previous Owner Obrien Stephanie $207,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $640,000 +0.8% $296 / Sq Ft
05/15/2024 05/15/24 For Sale $635,000 -- $294 / 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 $2,305 $350,400 $50,000 $300,400
2024 $2,305 $350,400 $50,000 $300,400
2023 $2,305 $350,400 $50,000 $300,400
2022 $2,202 $350,400 $0 $0
2021 $2,202 $350,400 $0 $0
2020 $1,852 $276,900 $0 $0
2019 $1,842 $275,300 $0 $0
2018 $1,842 $275,300 $0 $0
2017 $1,869 $233,300 $0 $0
2016 $1,736 $233,300 $0 $0
2015 $1,736 $233,300 $0 $0
2014 $1,666 $233,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4129045

Canopy MLS (Canopy Realtor® Association)

APN: 8792-65-5220-00000