NOT LISTED FOR SALE

7005 Tea Olive Rd Marvin, NC 28173

Marvin Area

Estimated Value: $1,375,000 - $1,457,000

4 Beds
3.5 Baths
4,905 Sq Ft
$286/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2017

Last sale price $745,000 $152 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,334 / mo

118 Days on Market

Highlights

  • Engineered Wood Flooring
  • Attic
  • Garden Bath
  • Marvin Elementary School Rated A
  • Walk-In Closet
  • Kitchen Island

About This Home

As of August 2017

Why wait to build? Take advantage of this move-in ready Raleigh plan with many upgrades. Custom neutral paint, gorgeous hardwoods & more. Large kitchen island and breakfast room extension. Two-story Great Room features beautiful coffered ceiling. First floor master and office. Paver patio and fully irrigated yard. Top rated Marvin schools & convenient location. Huge walk in attic space. Large bonus room and loft area on second level.

Last Agent to Sell the Property

Lyn Palmer

Terra Vista Realty License #267909 Listed on: 03/15/2017

Last Buyer's Agent

Evan Warren

Dane Warren Real Estate License #280086

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island
  • Attic

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06-225-289

Community Details

Overview

  • Cusick Association
  • Built by Toll Brothers

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0.7 Acres

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96253
  • Ratio Close Price By Original Li: 0.93242
  • Ratio Current Price By Acre: 1064285.71
  • Ratio Current Price By Sq Ft: 151.89
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2004
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Gas, Dishwasher, Disposal, Gas Dryer Hookup, Microwave, Self Cleaning Oven, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Carpet
  • Interior Amenities: Attic Walk-in, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2901
  • Total Sq Ft: 4905
  • Sq Ft Unheated Main: 697
  • Sq Ft Unheated Total: 697

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cusick
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: .70
  • Parcel Number: 06-225-289
  • Zoning Specification: res

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Value: 758200.00
  • Tax Location: Marvin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Aug 22, 2017
Sold by
Bought by
Seller's Agent
Lyn Palmer
Terra Vista Realty
Buyer's Agent
Evan Warren
Dane Warren Real Estate
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%
Current Estimated Value
$1,403,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,756
Avg. Annual Appreciation
7.34%
Original Mortgage
$596,000
Interest Rate
0.0396%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.0393%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$745,000 Barristers Title Services
$745,500 Westminster Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $490,000
Closed $596,000
Previous Owner $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $745,000 -6.8% $152 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $799,000 -- $163 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,034 $1,302,300 $252,000 $1,050,300
2024 $6,421 $871,900 $173,200 $698,700
2023 $6,227 $871,900 $173,200 $698,700
2022 $6,221 $871,900 $173,200 $698,700
2021 $6,026 $871,900 $173,200 $698,700
2020 $5,839 $758,200 $120,000 $638,200
2019 $6,189 $758,200 $120,000 $638,200
2018 $0 $758,200 $120,000 $638,200
2017 $6,523 $758,200 $120,000 $638,200
2016 $6,413 $758,200 $120,000 $638,200
2015 $966 $758,200 $120,000 $638,200
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lyn Palmer

    Seller's Agent in 2017

    Lyn Palmer

    Terra Vista Realty

    (704) 898-3016

    155 Total Sales

    Lyn Palmer
    Section Image

  • E

    Buyer's Agent in 2017

    Evan Warren

    Dane Warren Real Estate

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Map

Source: Canopy MLS

MLS Number: CAR3259743

Canopy MLS

APN: 06-225-289

North Carolina Union County Marvin 28173

7005 Tea Olive Rd, Marvin, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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