NOT LISTED FOR SALE

554 Rutherford Rd Marion, NC 28752

Estimated Value: $276,620 - $320,000

3 Beds
2 Baths
1,816 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $240,000 $132 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,675/month

111 Days on Market

About This Home

As of September 2022

BUILT FOR THE AGES - This 3 BR, 2 BA One Story Traditional was built when craftsmen showed pride in their work. It offers plenty of class and an ambiance seldom found in newer homes. There is a feeling of spaciousness in the large, bright living room with its wonderful windows. The large galley style kitchen with dining area overlooks the rear yard. All in all the upper level offers three large bedrooms and a full bathroom. The lower level basement gives finished heated square feet (a den or possible 4th bedroom plus full bathroom) and an unfinished area that has the garage and workshop/storage space. The lots total .+/- .4 acres & include a great, tiered back yard. The driveway wraps around to the rear of the home. The absolute highlight of this home is the curb appeal from Rutherford Road. The home is located in a convenient in-town setting just a few minutes from I40 (convenient to Asheville) & a short walk down the street to Main Street amenities.

Last Agent to Sell the Property

Steve Jones

EXP Realty LLC License #156691 Listed on: 06/07/2022

EXP Realty LLC

Last Buyer's Agent

David Brown

4 Seasons Homes and Land, Inc License #185656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1950

Lot Details

  • 0.4

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Schools

  • Marion Elementary School
  • East Middle School
  • Mcdowell High School

Additional Features

  • Property is zoned R-2, R2
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 1701-12-75-9056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,059

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Ratio Current Price By Acre: 600000.00
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 132.16
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Partially Finished
  • Fireplace: Yes
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1285
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 669
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 669
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 531
  • Living Area: 1816
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Marion
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Parcel Number: 1701-12-75-9056
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.66505

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Marion
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Gray Charlie Braxton and Gray Kelsey
Bought by
Gray Charlie Braxton
Current Estimated Value
$302,655

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 26, 2022
Sold by
Cuthbertson and Crystal
Bought by
Gray Charlie Braxton and Gray Kelsey J
Seller's Agent
Steve Jones
EXP Realty LLC
Buyer's Agent
David Brown
4 Seasons Homes and Land, Inc
List Price
$300,000
Sold Price
$240,000
Premium/Discount to List
-$60,000
-20%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$216,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
Bought by
Cuthbertson Carthel
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
Gray Charlie Braxton $25,000 None Listed On Document
Gray Charlie Braxton $25,000 None Listed On Document
Gray Charlie Braxton $240,000 --
Gray Charlie Braxton $240,000 None Listed On Document
Cuthbertson Carthel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Charlie Braxton $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $240,000 -12.7% $132 / Sq Ft
07/12/2022 07/12/22 Price Changed $275,000 -8.3% $151 / Sq Ft
06/07/2022 06/07/22 For Sale $300,000 -- $165 / 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 $1,059 $177,160 $40,000 $137,160
2024 $1,059 $177,160 $40,000 $137,160
2023 $1,059 $177,160 $40,000 $137,160
2022 $1,004 $165,150 $30,000 $135,150
2021 $1,004 $165,150 $30,000 $135,150
2020 $1,021 $165,150 $0 $0
2019 $1,021 $122,100 $0 $0
2017 $709 $122,100 $0 $0
2016 $709 $122,100 $25,000 $97,100
2014 $696 $122,100 $25,000 $97,100
2013 -- $122,100 $25,000 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3868785

Canopy MLS (Canopy Realtor® Association)

APN: 1701-12-75-9056