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425 Running Horse Lane
425 Running Horse Lane
$1,491,314 (our value guesstimate)
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Marvin, NC 28173 ▪  (MLS # 3635545)
3-car garage  ▪   Built: 2007  ▪   Primary Up
5 bed  ▪  4 full bath  ▪  5,201 Sq Ft
Sold for $968,000 on Sep 28, 2020
425 Running Horse Lane
$1,491,314 (our value guesstimate)
Marvin, NC 28173 ▪  (MLS # 3635545)
3-car garage  ▪   Built: 2007  ▪   Primary Up
5 bed  ▪  4 full bath  ▪  5,201 Sq Ft
Sold for $968,000 on Sep 28, 2020
SOLD SEP 28, 2020
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$968,000  (sales price)
5 bed  ▪  4 full bath  ▪  5,201 Sq Ft
425 Running Horse Lane
Marvin, NC 28173 (MLS # 3635545)
.69 acres  ▪   Built: 2007  ▪   Primary Bedroom Up
Subdivision: Marvin Creek
Marvin, NC / 28173

Our Value Guesstimate (from Computer Algorithm): $1,491,314

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,267,617 and $1,715,011.
Sale Details
Sales Price: $968,000
Closed: Sep 28, 2020 (1,277 days ago)
List Price: $925,000
Sold for: 105% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $186
Remarks - 425 Running Horse Lane
(from previous listing) Beautifully updated home in Marvin Creek with resort backyard including heated salt water pool & outdoor fireplace! Remodeled kitchen w/quartz countertops, farm sink, subway tile backsplash, Stainless Steel appliances including gas cooktop & warming drawer, Barn Door Pantry & gorgeous white cabinets. Lovely main level guest suite with remodeled full bath featuring custom tiled shower. BIG bonus room area on main floor perfect for home office or flex space. Second floor luxury master suite with 3 ...
Continue reading

General Info - MLS # 3635545
Parking: Garage - 3 Car
Year Built: 2007
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Marvin / Union County
Lot Size: .69 acres
Area Schools
10/10
Marvin Elementary School
Distance: 0.5 mi
10/10
Marvin Ridge Middle School
Distance: 2.4 mi
10/10
Marvin Ridge High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Marvin Creek
Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
Listing History
09/28/2020: MLS Sold for $968,000 (Canopy MLS)
Cumulative Days on Market: 4
More details

County Tax Data
2021 County Tax Assessment: $868,800
Next Union County Tax Assessment: 2025
2021 Property Taxes: $6,004

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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See Sold Homes in Marvin Creek
SOLD SEP 25, 2023
Sold for $210/Sq Ft & 101% of list
4 cumulative days on market
$1,260,000 (sales price)
4 bed  ▪  4 full & 1 h. bath  ▪  6,003 SqFt
604 Briar Patch Ter
Marvin, NC 28173
Marvin Creek
0.7 mi.

SOLD JUL 10, 2023
Sold for $231/Sq Ft & 88% of list
8 cumulative days on market
$1,400,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  6,063 SqFt
109 Orchard Hill Ct
Marvin, NC 28173
Marvin Creek
0.5 mi.

SOLD FEB 9, 2023
Sold for $231/Sq Ft & 95% of list
117 cumulative days on market
$1,165,000 (sales price)
6 bed  ▪  5 full bath  ▪  5,051 SqFt
608 White Tail Ter
Marvin, NC 28173
Marvin Creek
0.3 mi.

Neighborhood Summary (single family)
Marvin Creek

Sales in:

Median $ / Sq Ft (single family)
Marvin Creek




28173 ZIP Code Trends
28173 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28173 is the 8th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28173 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

8
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 8 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 17 days on market.

37%
Of Recently Sold Homes
Over Asking Price
37% of previously owned 28173-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28173.

67%
of Available Homes
Are Under Contract
67% of previously owned 28173-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28173 Area Metro Area
1-year + 2% + 3%
2-year + 5% + 2%
5-year +70% +66%
The price per square foot of 28173-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28173 over the past 90 days - as compared to $212 for the entire metro area.

8
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 8 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 17 days on market.

36%
Of Recently Sold Homes
Over Asking Price

36% of previously owned 28173-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28173.

Price Per Square Foot Change
Period 28173
Area
Metro
Area
1-year + 2% + 3%
2-year + 5% + 2%
5-year +70% +66%

The price per square foot of 28173-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28173 over the past 90 days - as compared to $212 for the entire metro area.

67%
of Available Homes
Are Under Contract

67% of previously owned 28173-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,491,314

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,267,617 and $1,715,011.


Sale Details
Sales Price: $968,000
Closed: Sep 28, 2020 (1,277 days ago)
List Price: $925,000
Sold for: 105% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $186
Remarks
(from previous listing) Beautifully updated home in Marvin Creek with resort backyard including heated salt water pool & outdoor fireplace! Remodeled kitchen w/quartz countertops, farm sink, subway tile backsplash, Stainless Steel appliances including gas cooktop & warming drawer, Barn Door Pantry & gorgeous white cabinets ...
Continue reading

General Info - MLS 3635545
Parking: Garage - 3 Car
Year Built: 2007
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Marvin / Union County
Lot Size: .69 acres

Neighborhood Info
Subdivision: Marvin Creek
Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
Listing History
09/28/2020: MLS Sold for $968,000 (Canopy MLS)
Cumulative Days on Market: 4
More details

Area Schools
10/10
Marvin Elementary School
Distance: 0.5 mi
10/10
Marvin Ridge Middle School
Distance: 2.4 mi
10/10
Marvin Ridge High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Marvin Creek neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Tullamore, Marvin Estates, and Ardrey Crest.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.