NOT LISTED FOR SALE

6016 Tea Olive Rd Marvin, NC 28173

Estimated Value: $1,370,672 - $1,397,000

5 Beds
5.5 Baths
4,501 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,226,500 $272 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,891/month

34 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Screened Porch
  • Marvin Elementary School Rated A
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of July 2022

BEAUTIFUL move in ready 5 bedroom/5 FULL bath home in popular The Preserve at Marvin Toll Brothers community.Gorgeous interior with 5 inch hand scraped wood floors on main, stairs & upper hallway. Versatile floor plan includes guest suite on main with dedicated full bath plus additional half bath & private study with french doors.Light and bright kitchen with gas cooktop w/large stainless steel hood, KitchenAid wall oven and microwave and large walk in pantry. Additional convenience office plus butler's pantry provide tons of additional cabinet and counter space. Upstairs features primary bedroom suite with his and her walk in closets and luxurious "spa bathroom". Second level also includes 3 nicely sized secondary rooms each with an ensuite full bath and walk in closet PLUS a spacious bonus room (15 x 22). Outside features a HUGE FENCED backyard with irrigation plus screened porch with attached deck for grilling and expansive travertine patio with fire pit. Walk to Marvin Elementary!

Last Agent to Sell the Property

Gina Lorenzo

COMPASS License #247975 Listed on: 06/24/2022

COMPASS

Last Buyer's Agent

Nicole McAlister

Keller Williams Ballantyne Area License #89383

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 140x221x130x203
  • Fenced
  • Level Lot
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Bar Fridge
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Fire Pit

Schools

  • Marvin Elementary School
  • Marvin Ridge Middle School
  • Marvin Ridge High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Built by Toll Brothers
  • The Preserve At Marvin Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-225-384

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2016
  • Ratio Current Price By Acre: 1780116.11
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2187
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 563
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 563
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2314
  • Porch: Back,Covered,Screened
  • Appliances: Bar Fridge, Gas Cooktop, Dishwasher, Disposal, Exhaust Hood, Microwave, Natural Gas, Wall Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 4501
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Shingle Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 06-225-384
  • Lot Size: 140x221x130x203
  • Zoning Description: res

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • RATIO List Price By Tax Amount: 1.43409

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 15, 2022
Sold by
Weichert Workforce Mobility Inc
Bought by
Peterman Jasen A and Gamo Ayako
Seller's Agent
Gina Lorenzo
COMPASS
Buyer's Agent
Nicole McAlister
Keller Williams Ballantyne Area
List Price
$1,150,000
Sold Price
$1,226,500
Premium/Discount to List
$76,500
6.65%
Current Estimated Value
$1,382,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,418
Avg. Annual Appreciation
3.55%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jun 17, 2022
Sold by
Haas Vincent A and Haas Heather A
Bought by
Weichert Workforce Mobility Inc
Seller's Agent
Gina Lorenzo
COMPASS
Buyer's Agent
Nicole McAlister
Keller Williams Ballantyne Area
List Price
$1,150,000
Sold Price
$1,226,500
Premium/Discount to List
$76,500
6.65%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Toll Nc 1 Llc
Bought by
Haas Vincent A and Haas Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
3.95%
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 Buyer Sale Price Title Company
Peterman Jasen A $1,226,500 None Listed On Document
Weichert Workforce Mobility Inc $1,226,500 Richard Mcintyre & Associates
Haas Vincent A $790,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haas Vincent A $632,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $1,226,500 +6.7% $272 / Sq Ft
06/24/2022 06/24/22 For Sale $1,150,000 -- $255 / 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 $6,801 $1,257,700 $0 $0
2024 $6,376 $865,500 $173,200 $692,300
2023 $5,747 $801,900 $173,200 $628,700
2022 $5,741 $801,900 $173,200 $628,700
2021 $5,547 $801,900 $173,200 $628,700
2020 $5,465 $709,600 $120,000 $589,600
2019 $5,792 $709,600 $120,000 $589,600
2018 $5,438 $709,600 $120,000 $589,600
2017 $3,025 $351,600 $120,000 $231,600
2016 $955 $120,000 $120,000 $0
2015 -- $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874889

Canopy MLS (Canopy Realtor® Association)

APN: 06-225-384