$505,000
SOLD JAN 16, 2025

506 Rabbit Run Marshall, NC 28753

3 Beds
3 Baths
2,864 Sq Ft
4.32 Acres

Recently Sold

$176 Per Sq Ft

11% Below List Price

39 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Mountain View
  • Madison Middle School Rated A-
  • Cape Cod Architecture
  • Deck

About This Home

As of January 2025

Enjoy country living and the sounds of nature perched high in the trees, surrounded by layered, long-range, year-round mountain views from the entire back of the home. Located in the East Fork area of Madison County, a short drive from Spinning Spider Creamery, plus East Fork, Root Bottom, and Moon Mountain Community Farms — just 35 minutes to downtown Asheville and 25 minutes to Marshall’s Main Street. This updated saltbox-style home offers a year-round, serene setting with a natural gravity-fed spring water source, fiber-optic internet with French Broad Electric, a spacious workshop and detached garage with an EV charger, an eight-person hot tub, decks on either side, a fire pit, a new covered front porch, the perfect main-level home office, a Woodstock soapstone wood stove, zoned HVAC, a whole-house UV water filtration system, a newer metal roof, and a fantastic lower level, perfect for a second living space or home theater with a kitchenette and bonus room.

Last Agent to Sell the Property

Laura Moye

Mosaic Community Lifestyle Realty Brokerage Email: laura@mymosaicrealty.com License #253714 Listed on: 11/09/2024

Last Buyer's Agent

Alli Buchanan

Dream Mountain Realty License #355793

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Private Lot
  • Steep Slope
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-A

Parking

  • 1 Car Detached Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Stove
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Separate Outdoor Workshop
  • Shed

Schools

  • Brush Creek Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 9749-34-6912-00000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Colonial
  • Year Built: 1993
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.33
  • Geocode Confidence: High
  • Attribution Contact: laura@mymosaicrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1217
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 35
  • Sq Ft Unheated Main: 925
  • Sq Ft Unheated Total: 1282
  • Sq Ft Unheated Upper: 322
  • Sq Ft Upper: 717
  • Appliances: Bar Fridge, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
  • Above Grade Finished Sq Ft: 1934
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 930
  • Fireplace Features: Wood Burning Stove
  • Living Area: 2864
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Construction Type: Wood
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Ductless, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Ductless, Heat Pump
  • Utilities: Fiber Optics
  • Water Source: Spring

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Private, Rolling Slope, Sloped, Steep Slope, Creek/Stream, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9749-34-6912-00000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

MLS Schools

  • Elementary School: Brush Creek
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Jan 15, 2025
Sold by
Flaherty Chris and Flaherty Tahne
Bought by
Kowal Adrian
Seller's Agent
Laura Moye
Mosaic Community Lifestyle Realty
Buyer's Agent
Alli Buchanan
Dream Mountain Realty
List Price
$569,000
Sold Price
$505,000
Premium/Discount to List
-$64,000
-11.25%
Views
68
Current Estimated Value
$577,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,391
Avg. Annual Appreciation
15.14%

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 28, 2016
Sold by
Pautz Ronald F
Bought by
Flaherty Tahne and Flaherty Chris
Seller's Agent
Bill Eckstadt
New Horizons Realty
Buyer's Agent
Bill Eckstadt
New Horizons Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$306,450
Interest Rate
3.71%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $505,000 None Listed On Document
Warranty Deed $505,000 None Listed On Document
Warranty Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $306,450 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2025 01/16/25 Sold $505,000 -9.7% $176 / Sq Ft
12/03/2024 12/03/24 Price Changed $559,000 -0.9% $195 / Sq Ft
11/19/2024 11/19/24 Price Changed $564,000 -0.9% $197 / Sq Ft
11/09/2024 11/09/24 For Sale $569,000 +89.7% $199 / Sq Ft
04/28/2016 04/28/16 Sold $300,000 -14.3% $168 / Sq Ft View Prior Sale
03/05/2016 03/05/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $349,900 -- $196 / 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 $2,841 $591,287 $179,635 $411,652
2023 $1,785 $302,469 $127,889 $174,580
2022 $1,785 $302,469 $127,889 $174,580
2021 $1,785 $302,469 $127,889 $174,580
2020 $1,785 $302,469 $127,889 $174,580
2019 $1,647 $257,378 $116,262 $141,116
2018 $1,570 $0 $0 $0
2017 $1,570 $0 $0 $0
2016 $1,570 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $257,378 $116,262 $141,116
2013 -- $257,378 $116,262 $141,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4196477

Canopy MLS (Canopy Realtor® Association)

APN: 9749-34-6912