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  • $725,000

    48 Merrell Rd, Leicester, NC 28748

    3beds
    1,869sqft
    : 
    Single Family Residence
    Built in 1990
    5.72 Acres Lot
    $699,400 Zestimate®
    $388/sqft
    $25/mo HOA

    What's special

    Laundry in primary closetBright open living spacesGorgeous grassy knolls
    Escape to 48 Merrell Road, a serene home offering comfort and convenience in picturesque Leicester. This inviting property features three bedrooms and 3.5 baths, with bright, open living spaces and a large modern kitchen for entertaining. The primary bedroom is on the main floor. Large windows invite scenic nature into the kitchen with you. The expansive, large back deck is ideal for entertainment and enjoying the sound of the flowing creek and waterfall. The primary bedroom is on the first floor with laundry in the primary closet. There is a workspace in the basement with a garage door for easy outside access. The outdoor space includes a hand-built stone fire pit and seating area, a flowing creek with a built-in waterfall and gorgeous grassy knolls. The lot is slightly over 5.5 acres, with plenty of room to build separate structures or build a main house and have this one as a guest home. Privacy, opportunity and serenity. This home is part modular and part stick-built. See advisor remarks for information on the roof.
    5 days
    |
    493
    |
    68
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    D'Ann Ford 828-774-0288,

    Premier Sotheby’s International Realty,

    Tyler Kardos,

    Premier Sotheby’s International Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377319MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom half
      • Level: Main
      Bathroom full
      • Level: Upper
      Dining area
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Features: Walk-In Closet(s)
      • Level: Main
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Water Heater
      • Laundry: Main Level, Other
      Features
      • Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Basement: Basement Garage Door,Basement Shop,Exterior Entry,Interior Entry,Walk-Out Access
      • Fireplace features: Fire Pit, Outside, Wood Burning
      Interior area
      • Total structure area: 1,869
      • Total interior livable area: 1,869 sqft
      • Finished area above ground: 1,869
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Basement, Driveway, Attached Garage, Garage on Main Level
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch
      Lot
      • Size: 5.72 Acres
      Details
      • Additional parcels included: 8792658734
      • Parcel number: 879265747100000
      • Zoning: OU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood
      Condition
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Turkey Creek Farms
      HOA
      • Has HOA: Yes
      • HOA fee: $290 annually
      • HOA name: Turkey Creek HOA
      • Second HOA fee: $10 annually
      • Second HOA name: Catherine Hipwell
      Location
      • Region: Leicester

      Financial & listing details

      • Price per square foot: $388/sqft
      • Tax assessed value: $357,000
      • Annual tax amount: $2,452
      • Date on market: 5/5/2026
      • Cumulative days on market: 5 days
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel
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        Estimated market value

        $699,400

        $664,000 - $734,000

        $2,532/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$725,000-6.5%$388/sqft
        Source: Canopy MLS as distributed by MLS GRID #4377319 Report a problem
        10/15/2025Listing removed$775,000$415/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        6/12/2025Price change$775,000-2.5%$415/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        5/21/2025Price change$795,000-5.2%$425/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        3/16/2025Listed for sale$839,000$449/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        9/5/2024Listing removed$839,000$449/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        8/26/2024Listed for sale$839,000+133.1%$449/sqft
        Source: Canopy MLS as distributed by MLS GRID #4172323 Report a problem
        6/26/2019Sold$360,000-4%$193/sqft
        Source: Canopy MLS as distributed by MLS GRID #3502765 Report a problem
        5/15/2019Pending sale$375,000$201/sqft
        Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem
        5/4/2019Listed for sale$375,000+25%$201/sqft
        Source: Beverly-Hanks Downtown Asheville #3502765 Report a problem
        10/26/2010Listing removed$300,000$161/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        10/3/2010Listed for sale$300,000$161/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        7/24/2010Listing removed$300,000$161/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        7/17/2010Price change$300,000+20%$161/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        7/14/2010Price change$250,000-16.7%$134/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        5/31/2010Price change$300,000+20%$161/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        5/29/2010Listed for sale$250,000$134/sqft
        Source: Town and Mountain Realty #466527 Report a problem
        12/26/2009Listing removed$250,000$134/sqft
        Source: Town and Mountain Realty #443596 Report a problem
        10/9/2009Price change$250,000-9.1%$134/sqft
        Source: Town and Mountain Realty #443596 Report a problem
        10/6/2009Price change$275,000+10%$147/sqft
        Source: Town and Mountain Realty #443596 Report a problem
        9/27/2009Price change$250,000-9.1%$134/sqft
        Source: Town and Mountain Realty #443596 Report a problem
        9/16/2009Price change$275,000+3.8%$147/sqft
        Source: Town and Mountain Realty #443594 Report a problem
        8/27/2009Price change$265,000-8.6%$142/sqft
        Source: Town and Mountain Realty #443594 Report a problem
        8/16/2009Price change$290,000+9.4%$155/sqft
        Source: Town and Mountain Realty #443594 Report a problem
        7/13/2009Listed for sale$265,000+79.1%$142/sqft
        Source: Town and Mountain Realty #443594 Report a problem
        1/23/2004Sold$148,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,452 +4.4%$357,000
        2024$2,349 +3.1%$357,000
        2023$2,279 +1.6%$357,000
        2022$2,243 $357,000
        2021$2,243 +22.7%$357,000 +30.7%
        2020$1,828 +36.4%$273,200 +36.4%
        2019$1,340 $200,300
        2018$1,340 $200,300 +8.4%
        2017$1,340 -1.5%$184,700
        2016$1,360 -1%$184,700
        2015$1,374 +4.2%$184,700
        2014$1,319 $184,700
        2013-- $184,700 -3.9%
        2012-- $192,100 +11.6%
        2011-- $172,200
        2010-- $172,200
        2009-- $172,200
        2007-- $172,200 +30.6%
        2005-- $131,900
        2003-- $131,900
        2002-- $131,900 +13.1%
        2001-- $116,600
        2000-- $116,600

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,875/mo
        Principal & interest
        $3530
        Property taxes
        $320
        HOA Fees
        $25
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          Climate risks

          Neighborhood: 28748

          Getting around

          0 / 100
          Car-Dependent
          2 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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