NOT LISTED FOR SALE

5024 Flowering Peach Rd Marvin, NC 28173

Estimated Value: $1,232,000 - $1,597,000

6 Beds
5 Baths
5,219 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $955,000 $183 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,535/month

31 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Transitional Architecture
  • Marvin Elementary School Rated A
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of September 2020

Nestled in the oasis of a cul-de-sac surrounded by mature greenery, this dream home greets you with its beauty and craftsmanship. The double-arched front doors open to a grand foyer featuring breathtaking dual staircases. This home has elegance and sophistication, yet it delicately balances warmth and comfort – especially in the heart of the home anchored by rich hardwood floors. The gourmet kitchen is fashioned with high-end stainless appliances, granite, abundant cabinetry, and large walk-in pantry. The kitchen opens to a great room with fireplace and soaring ceilings decorated with handsome coffer accent. Upstairs there is an incredible master suite with a tray ceiling and windows showcasing views of the mature greenery. The master bath is luxurious with large dual vanities, over-sized soaking tub, separate shower, and walk-in closet. This home is SMART and includes a car charging outlet in the 3-car garage. Unfinished 2500+ sqft walk-out basement. Ready NOW for a quick move-in!

Last Agent to Sell the Property

Krystal Faticoni

Coldwell Banker Realty License #109927 Listed on: 07/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Sekhar Battineni

Dane Warren Real Estate License #264486

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Mud Room
  • Engineered Wood Flooring
  • Pull Down Stairs to Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms

Utilities

  • Cable TV Available

Community Details

  • Association Carolina Association, Phone Number (704) 944-8169
  • Built by Toll Brothers

Listing and Financial Details

  • Assessor Parcel Number 06-225-278

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98504
  • Ratio Close Price By Original Li: 0.98504
  • Ratio Current Price By Acre: 1583747.93
  • Ratio Current Price By Sq Ft: 182.99
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 2666
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Doors and Windows: Storm Window(s)
  • Equipment: Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Master Bedroom TV mount
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Prefinished Wood
  • H O A Management Phone: 704-944-8169
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 2553
  • Total Sq Ft: 5219
  • Sq Ft Unheated Basement: 2553
  • Sq Ft Unheated Total: 2553

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 3 Car

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Fee: 300.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Association Carolina
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Marvin Ridge
  • High School: Marvin Ridge

Lot Info

  • Lot Dimension: Per Plat
  • Lot Features: Corner Lot, Cul-de-sac Lot, Level, Private, Trees, Wooded
  • Lot Size Area: 0.603
  • Parcel Number: 06-225-278
  • Zoning Specification: R

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Value: 843000.00
  • Tax Location: Marvin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Rahman Raunain and Rahman Ella
Bought by
Patel Akshar and Patel Krupa
Current Estimated Value
$1,481,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$774,388
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$707,466

Purchase Details

Closed on
Aug 22, 2022
Sold by
Raunain Rahman
Bought by
Rahman Raunain and Bahnyuk Alla

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 30, 2020
Sold by
Stabler Lance and Stabler Christa
Bought by
Rahman Runain
Seller's Agent
Krystal Faticoni
Coldwell Banker Realty
Buyer's Agent
Sekhar Battineni
Dane Warren Real Estate
List Price
$969,500
Sold Price
$955,000
Premium/Discount to List
-$14,500
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$907,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2017
Bought by
Stadler Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.92%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Toll Nc I Llc
Bought by
Stadler Lance and Stadler Christa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,386
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Patel Akshar $1,325,000 None Listed On Document
Rahman Raunain -- None Listed On Document
Rahman Runain $955,000 Morehead Title
Stadler Lance $112,000 --
Stadler Lance $857,000 Westminster Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Akshar $800,000
Previous Owner Rahman Runain $907,250
Previous Owner Stadler Lance $84,000
Previous Owner Stadler Lance --
Previous Owner Stadler Lance $685,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $955,000 -1.5% $183 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $969,500 -- $186 / 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 $6,937 $944,800 $173,200 $771,600
2023 $6,727 $944,800 $173,200 $771,600
2022 $6,721 $944,800 $173,200 $771,600
2021 $6,524 $944,800 $173,200 $771,600
2020 $6,492 $843,000 $120,000 $723,000
2019 $6,881 $843,000 $120,000 $723,000
2018 $6,460 $843,000 $120,000 $723,000
2017 $1,032 $120,000 $120,000 $0
2016 $1,015 $120,000 $120,000 $0
2015 $966 $120,000 $120,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3639946

Canopy MLS (Canopy Realtor® Association)

APN: 06-225-278