NOT LISTED FOR SALE

502 W Union St Marshville, NC 28103

Estimated Value: $177,000 - $226,263

2 Beds
1 Bath
1,402 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $155,000 $111 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,262/month

82 Days on Market

Highlights

  • Guest House
  • Laundry closet
  • Asbestos
  • Corner Lot

About This Home

As of June 2022

INVESTORS TAKE NOTE! This half acre corner lot in Marshville comes with 2 homes. Adorable main home offers new windows, 2 bedrooms, 1 full bath with large kitchen and den. Home has unfinished addition of almost 800 sqft already plumbed and prewired with beautiful cedar boards on walls and ceiling. The smaller second home features 1 bedroom, kitchen and den. With some TLC these would be great rentals. Homes to be sold as-is.

Last Agent to Sell the Property

Robin Helms

Central Carolina Real Estate Group LLC License #288400 Listed on: 03/12/2022

Last Buyer's Agent

Maycol Banegas Chavarria

NorthGroup Real Estate LLC License #320624

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1940

Lot Details

  • Corner Lot
  • Zoning described as az2

Parking

  • Driveway

Home Design

  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,402 Sq Ft Home
  • Crawl Space
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Homes

  • Guest House

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 02-318-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Ratio Current Price By Acre: 322916.67
  • Second Living Quarters: Guest House,Separate Utilities
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 798
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 952
  • 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: 0
  • Second Living Quarters Hla: 450
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1402
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Marshville
  • Construction Type: Site Built
  • Construction Type: Asbestos, Vinyl Siding

Garage/Parking

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

Utilities

  • Heating: Wall Unit(s), Wood Stove
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Closet
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 02-318-027
  • Zoning Description: az2

Tax Info

  • RATIO List Price By Tax Amount: 1.20839

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Marshville
  • High School: Forest Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 17, 2022
Sold by
Faulkner Thelma K and Faulkner Brenda K
Bought by
Trigo Mario Carrera
Seller's Agent
Robin Helms
Central Carolina Real Estate Group LLC
Buyer's Agent
Maycol Banegas Chavarria
NorthGroup Real Estate LLC
List Price
$189,900
Sold Price
$155,000
Premium/Discount to List
-$34,900
-18.38%
Current Estimated Value
$200,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,566
Avg. Annual Appreciation
7.62%
Original Mortgage
$20,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2013
Sold by
Allen Leroy
Bought by
Faulkner Thelma and Little Brenda K
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
Trigo Mario Carrera $155,000 None Listed On Document
Faulkner Thelma -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trigo Mario Carrera $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $155,000 -8.8% $111 / Sq Ft
04/12/2022 04/12/22 Price Changed $169,900 -5.6% $121 / Sq Ft
03/29/2022 03/29/22 Price Changed $179,900 -5.3% $128 / Sq Ft
03/12/2022 03/12/22 For Sale $189,900 -- $135 / 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 $2,468 $254,100 $0 $0
2024 $1,704 $140,600 $19,600 $121,000
2023 $1,610 $140,600 $19,600 $121,000
2022 $1,610 $140,600 $19,600 $121,000
2021 $1,606 $140,600 $19,600 $121,000
2020 $1,580 $119,200 $26,400 $92,800
2019 $1,679 $119,200 $26,400 $92,800
2018 $1,679 $119,200 $26,400 $92,800
2017 $1,062 $119,200 $26,400 $92,800
2016 $1,033 $119,200 $26,400 $92,800
2015 $1,047 $119,200 $26,400 $92,800
2014 $536 $101,820 $13,680 $88,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3838371

Canopy MLS (Canopy Realtor® Association)

APN: 02-318-027