NOT LISTED FOR SALE

432 Olive Branch Rd Marshville, NC 28103

Estimated Value: $142,000 - $164,000

2 Beds
1 Bath
996 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $131,000 $132 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $891/month

69 Days on Market

Highlights

  • Corner Lot
  • Built-In Features
  • Wood Siding
  • Covered patio or porch
  • 1-Story Property

About This Home

As of January 2024

Investor Special on .49 +/- acre, corner lot in the town of Marshville! Charming home built in 1920 in need of a complete remodel to bring back its historic character. Home boast 10-foot-high ceilings in most rooms & french doors to dining room. Beautiful corner lot with large oaks, a short distance to the post office, library, shops, dining, park & more. Current zoning allows single family, duplex and townhouse-type dwellings in the MSP zoning district should one like to subdivide & build in the rear along Godwin St. Per planning & zoning, lot would need to be at least 4,000 square feet with minimum of 50 feet of street frontage and would need to be done in such a manner that the dwelling to be preserved/retained would need to be a minimum of 6 feet from the new (internal) property line. Woodstove has not been used for sometime. Space heater & window unit for Heat & AC, home does not have central HVAC. Sold As-Is.

Last Agent to Sell the Property

Jennifer Lingerfelt

Central Carolina Real Estate Group LLC Brokerage Email: Jennsellsncsc@gmail.com License #261991 Listed on: 10/06/2023

Last Buyer's Agent

Nicole Clyncke

RE/MAX Executive License #280838

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 121x199x130x167
  • Corner Lot
  • Property is zoned MSD, AZ6

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Marshville Elementary School
  • East Union Middle School
  • Forest Hills High School

Additional Features

  • Covered patio or porch
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-305-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Road Surface Type: Dirt, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Geocode Confidence: High
  • Attribution Contact: Jennsellsncsc@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Built-in Features
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 1140
  • Sq Ft Unheated Total: 1140
  • Sq Ft Upper: 0
  • Appliances: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning Stove
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Wood Stove
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: East Union
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.495
  • Lot Size Units: Acres
  • Parcel Number: 02-305-056
  • Zoning: AZ6
  • Lot Size: 121x199x130x167
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MSD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Marshville
  • High School: Forest Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Jan 16, 2024
Sold by
Faulkner Jack Lee and Faulkner Abigahi
Bought by
Vargas Jose Rangel and Contreras Guzman Mireya
Seller's Agent
Jennifer Lingerfelt
Central Carolina Real Estate Group LLC
Buyer's Agent
Nicole Clyncke
RE/MAX Executive
List Price
$159,000
Sold Price
$131,000
Premium/Discount to List
-$28,000
-17.61%
Views
401
Current Estimated Value
$146,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,748
Avg. Annual Appreciation
6.05%
Source: Public Records

Range of Values:

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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
Vargas Jose Rangel $131,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $131,000 +0.8% $132 / Sq Ft
12/12/2023 12/12/23 Price Changed $130,000 -5.8% $131 / Sq Ft
11/19/2023 11/19/23 Price Changed $138,000 -13.2% $139 / Sq Ft
10/06/2023 10/06/23 For Sale $159,000 -- $160 / 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 $967 $79,800 $19,700 $60,100
2023 $914 $79,800 $19,700 $60,100
2022 $914 $79,800 $19,700 $60,100
2021 $912 $79,800 $19,700 $60,100
2020 $696 $52,480 $14,480 $38,000
2019 $751 $52,480 $14,480 $38,000
2018 $751 $52,480 $14,480 $38,000
2017 $778 $52,500 $14,500 $38,000
2016 $754 $52,480 $14,480 $38,000
2015 $760 $52,480 $14,480 $38,000
2014 $454 $56,830 $15,730 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4076326

Canopy MLS (Canopy Realtor® Association)

APN: 02-305-056