NOT LISTED FOR SALE

8502 Olive Branch Rd Marshville, NC 28103

Estimated Value: $512,000 - $660,000

4 Beds
3 Baths
4,023 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $550,000 $137 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,311/month

5 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Covered Patio or Porch
  • Wooded Lot
  • Farmhouse Style Home
  • Separate Outdoor Workshop

About This Home

As of September 2023

Multiple offers highest and best due by 5pm on 8/30. Own a piece of history with this charming 1901 farmhouse located on 4.5 acres! Follow a winding tree-lined drive to discover beautiful oak trees and covered rocking chair porches on the front and side. Step inside to the main level where you will find a spacious family room and a living room/study, an open kitchen with white cabinetry, center island with bar seating, tile backsplash, and farmhouse sink, & a guest bedroom with full bath. The kitchen leads to a spacious formal dining room that opens to the billiard/recreation area and the primary suite that features a private bath and walk-in closet. The upper level features a loft overlooking the kitchen with built-in bunk beds and two additional generously sized bedrooms. The exterior offers a rear covered patio, a barn with 3 stalls, a fenced pasture area, a 1-car detached garage/workshop, a 3-car carport, and a pond.

Last Agent to Sell the Property

Brian Belcher

RE/MAX Executive Brokerage Email: brian@thebelchergroup.com License #224195 Listed on: 08/25/2023

RE/MAX Executive

Last Buyer's Agent

Christine Jagernauth

COMPASS License #121205

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1901

Lot Details

  • Fenced
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RA40, RA-40

Parking

  • 1 Car Detached Garage
  • Attached Carport
  • Workshop in Garage

Home Design

  • Farmhouse Style Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Marshville Elementary School
  • East Union Middle School
  • Forest Hills High School

Farming

  • Barn
  • Machine Shed
  • Pasture

Horse Facilities and Amenities

  • Hay Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01-126-008-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1901
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 136.71
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: brian@thebelchergroup.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Hardwood, Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3076
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 947
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 4023
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 4023
  • Bedroom Main: 2
  • Room Count: 13
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl, Wood
  • Other Structures: Barn(s), Hay Storage, Outbuilding, Tractor Shed, Workshop
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Detached Garage, Garage Shop

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Orchard(s), Pasture, Pond(s), Rolling Slope, Wooded
  • Lot Size Area: 4.5
  • Lot Size Units: Acres
  • Parcel Number: 01-126-008-A
  • Zoning: RA-40
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA40

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Marshville
  • High School: Forest Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 28, 2023
Sold by
Price Robert Bradley and Price Deborah Jill
Bought by
Holland Wilson Jenna and Holland Seth Wilson
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Christine Jagernauth
COMPASS
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Views
207
Current Estimated Value
$602,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,855
Avg. Annual Appreciation
2.03%
Original Mortgage
$522,500
Outstanding Balance
$514,534
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$58,124

Purchase Details

Listed on
Jul 25, 2018
Closed on
Dec 5, 2018
Sold by
Coley Elliott Lane and Coley Shea E
Bought by
Price Robert Bradley and Price Deborah Jill
Seller's Agent
Brandon Gaddy
Central Carolina Real Estate Group LLC
Buyer's Agent
Brandon Gaddy
Central Carolina Real Estate Group LLC
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%
Original Mortgage
$195,850
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2017
Sold by
Coley Joyce C
Bought by
Coley Elliott Lane and Scrittorale Coree Elaine Coley

Purchase Details

Closed on
Nov 29, 2015
Sold by
Coley Millard Wayne and Wife Joyce C
Bought by
Coley Joyce C
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
Holland Wilson Jenna $550,000 None Listed On Document
Price Robert Bradley $205,000 None Available
Coley Elliott Lane -- None Available
Coley Joyce C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Wilson Jenna $522,500
Previous Owner Price Robert Bradley $195,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $550,000 +10.0% $137 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $500,000 +143.9% $124 / Sq Ft
12/07/2018 12/07/18 Sold $205,000 -10.8% $59 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $229,900 -- $66 / 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 $1,376 $212,800 $38,800 $174,000
2023 $1,333 $212,800 $38,800 $174,000
2022 $1,333 $212,800 $38,800 $174,000
2021 $1,336 $212,800 $38,800 $174,000
2020 $1,246 $158,210 $37,510 $120,700
2019 $1,276 $158,210 $37,510 $120,700
2018 $1,276 $158,210 $37,510 $120,700
2017 $1,356 $158,200 $37,500 $120,700
2016 $1,319 $158,210 $37,510 $120,700
2015 $1,331 $158,210 $37,510 $120,700
2014 $825 $147,490 $35,760 $111,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4062500

Canopy MLS (Canopy Realtor® Association)

APN: 01-126-008-A