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Terra Vista Realty
6016 Tea Olive Road
6016 Tea Olive Road
$1,387,196 (our value guesstimate)
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Marvin, NC 28173 ▪  (MLS # 3874889)
3-car garage  ▪   Built: 2016  ▪   Primary Up
5 bed  ▪  5 full & 1 half bath  ▪  4,501 Sq Ft
Sold for $1,226,500 on Jul 29, 2022
6016 Tea Olive Road
$1,387,196 (our value guesstimate)
Marvin, NC 28173 ▪  (MLS # 3874889)
3-car garage  ▪   Built: 2016  ▪   Primary Up
5 bed  ▪  5 full & 1 half bath  ▪  4,501 Sq Ft
Sold for $1,226,500 on Jul 29, 2022
SOLD JUL 29, 2022
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$1,226,500  (sales price)
5 bed  ▪  5 full & 1 half bath  ▪  4,501 Sq Ft
6016 Tea Olive Road
Marvin, NC 28173 (MLS # 3874889)
.69 acres  ▪   Built: 2016  ▪   Primary Bedroom Up
Subdivision: The Preserve at Marvin
Marvin, NC / 28173

Our Value Guesstimate (from Computer Algorithm): $1,387,196

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,179,117 and $1,595,275.
Sale Details
Sales Price: $1,226,500
Closed: Jul 29, 2022 (806 days ago)
List Price: $1,150,000
Sold for: 107% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $272
Remarks - 6016 Tea Olive Road
(from previous listing) 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 ...
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General Info - MLS # 3874889
Parking: Attached, Garage - 3 Car
Year Built: 2016
Master / Primary Bedroom: Upper floor
Special Status:  Relocation
Listing Status: Sold
Property Type: Single Family Home
Location: Marvin / Union County
Lot Size: .69 acres
Area Schools
10/10
Marvin Elementary School
Distance: 0.4 mi
10/10
Marvin Ridge Middle School
Distance: 1.9 mi
10/10
Marvin Ridge High School
Distance: 1.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: The Preserve at Marvin
Listing History
07/29/2022: MLS Sold for $1,226,500 (Canopy MLS)
Cumulative Days on Market: 4
More details

County Tax Data
2024 County Tax Assessment: $865,500
Next Union County Tax Assessment: 2025
2024 Property Taxes: $6,376
County Tax Bill & Ownership Records

1% List Fee for Sellers

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See Sold Homes in The Preserve at Marvin
SOLD APR 30, 2024
Sold for $283/Sq Ft & 98% of list
21 cumulative days on market
$1,365,000 (sales price)
6 bed  ▪  4 full & 1 h. bath  ▪  4,816 SqFt
12017 Carolina Cherry Ln
Marvin, NC 28173
The Preserve at Marvin
0.2 mi.

SOLD SEP 15, 2022
Sold for $245/Sq Ft & 104% of list
0 cumulative days on market
$1,649,000 (sales price)
6 bed  ▪  5 full bath  ▪  6,737 SqFt
4040 Flowering Peach Rd
Marvin, NC 28173
The Preserve at Marvin
0.1 mi.

SOLD MAR 21, 2022
Sold for $250/Sq Ft & 101% of list
27 cumulative days on market
$1,210,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  4,835 SqFt
6009 Tea Olive Rd
Marvin, NC 28173
The Preserve at Marvin
0.1 mi.

Neighborhood Summary (single family)
The Preserve At Marvin

Sales in:

Median $ / Sq Ft (single family)
The Preserve At Marvin




28173 ZIP Code Trends
28173 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

#5 most competitive out of 63 ZIP Codes

In our ZIP Code Analysis (updated daily), we found that 28173 is the 5th most competitive area for buyers out of 63 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:

11
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 11 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 16 days on market.

29%
Of Recently Sold Homes
Over Asking Price
29% of previously owned 28173-area homes sold over the asking price (versus 21% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28173.

38%
of Available Homes
Are Under Contract
38% of previously owned 28173-area homes are under contract – compared with 34% of all homes in the Charlotte metro area.

28173 Median Home Prices

$740k Median Single Family Price*
 
$328k Median Condo / Townhouse Price*

*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.


Price Per Square Foot Change
Period 28173 Area Metro Area
1-year + 6% + 5%
3-year +23% +22%
5-year +72% +71%
7-year +98% +95%
The price per square foot of 28173-area re-sale homes has increased by approximately 72% over the past 5 years (versus a 71% increase for the entire Charlotte metro area). Homes have been selling at a median of $232 per square foot in 28173 over the past 90 days - as compared to $220 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

11
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 11 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 16 days on market.

29%
Of Recently Sold Homes
Over Asking Price

29% of previously owned 28173-area homes sold over the asking price (versus 21% 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 + 6% + 5%
3-year +23% +22%
5-year +72% +71%
7-year +98% +95%

The price per square foot of 28173-area re-sale homes has increased by approximately 72% over the past 5 years (versus a 71% increase for the entire Charlotte metro area). Homes have been selling at a median of $232 per square foot in 28173 over the past 90 days - as compared to $220 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

38%
of Available Homes
Are Under Contract

38% of previously owned 28173-area homes are under contract – compared with 34% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,387,196

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,179,117 and $1,595,275.


Sale Details
Sales Price: $1,226,500
Closed: Jul 29, 2022 (806 days ago)
List Price: $1,150,000
Sold for: 107% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $272
Remarks
(from previous listing) 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 & ...
Continue reading

General Info - MLS 3874889
Parking: Attached, Garage - 3 Car
Year Built: 2016
Master / Primary Bedroom: Upper floor
Special Status:  Relocation
Listing Status: Sold
Property Type: Single Family Home
Location: Marvin / Union County
Lot Size: .69 acres

Neighborhood Info
Subdivision: The Preserve at Marvin
Listing History
07/29/2022: MLS Sold for $1,226,500 (Canopy MLS)
Cumulative Days on Market: 4
More details

Area Schools
10/10
Marvin Elementary School
Distance: 0.4 mi
10/10
Marvin Ridge Middle School
Distance: 1.9 mi
10/10
Marvin Ridge High School
Distance: 1.8 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 a fee that starts at 1%. Get the best price for your home and pay less in commissions.

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 a fee that starts at 1%. Get the best price for your home and pay less in commissions.

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 a fee that starts at 1%. Get the best price for your home and pay less in commissions.
If you’re looking to sell a home in the The Preserve At Marvin neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including The Gates At Ansley, Innisbrook At Firethorne, and Ladera.



CDS Data Share Based on information submitted to the MLS GRID as of 10/12/2024. 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.