NOT LISTED FOR SALE

7309 Olive Branch Rd Unit 4 Marshville, NC 28103

Estimated Value: $233,000 - $332,000

4 Beds
2 Baths
1,566 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $142,000 $91 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,683/month

12 Days on Market

About This Home

As of September 2019

Monroe Bypass is complete and access to Monroe, Matthews and Uptown Charlotte a breeze!
Do not disturb tenants.
Duplex's are in great condition. Investment opportunity- Tenants already in place.
Unit A is month to month. Rent is 700.00 a month.
Unit B lease ends Feb 2020- Rent is 700.00 a month.
New Vinyl exterior. Interior has been freshly painted.
**Sheds belong to tenants and no not convey.

*** No showings until a contract is accepted. ***

Last Agent to Sell the Property

Zoraida Payne

Zoraida Delgado Payne Real Estate LLC License #271773 Listed on: 07/27/2019

Last Buyer's Agent

Ashley Howard

NextHome Paramount License #114363

NextHome Paramount

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 1.49

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Tile Flooring
  • 2 Full Bathrooms
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities, cable, electric heat, electricity
  • Rent includes exterior maintenance, garbage pick-up, sewer, water
  • Assessor Parcel Number 01-186-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95302
  • Ratio Close Price By Original Li: 0.95302
  • Ratio Current Price By Acre: 95302.01
  • Ratio Current Price By Sq Ft: 90.68
  • Year Built: 1988
  • Property Features: Cable Available, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Cable Prewire
  • Flooring: Tile
  • Laundry Location: Main
  • Total Sq Ft: 1566

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.490
  • Parcel Number: 01-186-024
  • Zoning Specification: RA-40

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up, Sewer, Water
  • Tenant Pays: All Utilities, Cable, Electric Heat, Electricity

Tax Info

  • Tax Value: 114200.00
  • Tax Location: Union

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2019
Closed on
Sep 18, 2019
Sold by
Esquivel Ellasar and Esquivel Arceli Amador
Bought by
Helms Daniel Cobie
Seller's Agent
Zoraida Payne
Zoraida Delgado Payne Real Estate LLC
Buyer's Agent
Ashley Howard
NextHome Paramount
List Price
$149,000
Sold Price
$142,000
Premium/Discount to List
-$7,000
-4.7%
Current Estimated Value
$286,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,513
Avg. Annual Appreciation
11.95%
Original Mortgage
$113,600
Outstanding Balance
$100,799
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$175,262

Purchase Details

Closed on
Jan 15, 2016
Sold by
Hill William Mayk and Hill Sandra Dawn
Bought by
Esquivel Ellasar and Esquivel Araceli Amador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2012
Sold by
Watkins Hill Enterprises Llc
Bought by
Hill William Mark and Hill Sandra Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Watkins Hill Enterprises Llc

Purchase Details

Closed on
Apr 24, 2009
Sold by
Ferguson E Steve and Ferguson Carol H
Bought by
Deutsche Bank National Trust Company and Mastr Spec Ln Tr 05-1
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Helms Daniel Cobie $142,000 None Available
Esquivel Ellasar $90,000 None Available
Hill William Mark -- Chicago Title Insurance Co
Watkins Hill Enterprises Llc $47,500 None Available
Deutsche Bank National Trust Company $72,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helms Daniel Cobie $113,600
Previous Owner Esquivel Ellasar $72,000
Previous Owner Hill William Mark $139,000
Previous Owner Watkins Hill Enterprises Llc $75,000
Previous Owner Ferguson E Steve $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $142,000 -4.7% $91 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/27/2019 07/27/19 For Sale $149,000 -- $95 / 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 $1,207 $186,600 $24,400 $162,200
2023 $1,169 $186,600 $24,400 $162,200
2022 $1,169 $186,600 $24,400 $162,200
2021 $1,171 $186,600 $24,400 $162,200
2020 $900 $114,150 $22,450 $91,700
2019 $935 $114,150 $22,450 $91,700
2018 $935 $114,150 $22,450 $91,700
2017 $992 $114,200 $22,500 $91,700
2016 $964 $114,150 $22,450 $91,700
2015 $972 $114,150 $22,450 $91,700
2014 $877 $119,550 $25,220 $94,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3533586

Canopy MLS (Canopy Realtor® Association)

APN: 01-186-024