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Marion 28752
61 3rd Street #98
$249,000
● House - Off Market

61 3rd Street #98

Marion, NC 28752
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$1,223
Est. Monthly

About This Property

Recently remodeled, this 3-bedroom, 2-bath home offers a large kitchen with plenty of storage, adjacent laundry room, and a bonus room that could serve as a den or dining area. The master suite includes a private full bathroom. Enjoy outdoor living with a covered front porch, rear deck, and a privacy-fenced backyard. Other features include a detached single car garage and a nicely landscaped yard. This property is eligible for FHA financing with minimal down payment and closing cost.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4251216)

Price History

Date / Event Date Event Price
Oct 30, 2025 Sold
Premium
Sold
Oct 14, 2025 In contract -
In contract
Sep 20, 2025 Price Decreased $249,000
↓ $20K (7.4%)
Price Decreased
Aug 28, 2025 Price Decreased $269,000
↓ $10K (3.6%)
Price Decreased
Jun 9, 2025 Price Decreased $279,000
↓ $6K (2.1%)
Price Decreased
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,292
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARION MFG.CO.SD
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: LOT 98 MARION MFG.CO.S/DPB2-48

Neighborhood

  • School District Name: McDowell County Schools
  • Census Tract: 970400

Geography

  • Account Number: 68019
  • District: 06
  • Parcel: 1711-09-16-8070
  • Lot: 98
  • Municipality: MARION
  • Latitude: 35.6807
  • Longitude: -81.9908

    Address

  • Full Address: 61 3rd St
  • Address - House Number: 61
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NC
  • City Name: Marion
  • Carrier Code: C006
  • 4-Digit Zip Code: 5319
  • Zip Code: 28752

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $99,238

    Appraisal Valuation

  • Standard Deviation: 0.4829
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 164,189
  • High Value: 243,488
  • Low Value: 84,889

    Market Valuation

  • Market Total Value: $165,950
  • Market Land Value: $25,000
  • Market Improvement Value: $140,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,950
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $140,950

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018002541
  • Previous Sale Recording Date: Jun 26, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$193

Below Asking

0.04%

Average Days on Market

84

Average Home Size

1531 ft²

Average Home Age

75.5 years

Currently For Sale

31 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 138 S Main Street, Marion, NC, 28752

$1,800 /mo

  • 1 Bed
  • 1 Bath
  • 758 ft²
138 S Main Street #C, Marion, NC, 28752 Listing by Brittany Lytle

Rentals Near You

Click here to view more rentals in the neighborhood.
CANOPYMLS

Listed by: Cindy Ledbetter, The Marion Agency LLC
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4251216
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 61 3rd Street built and last sold?
The property at 61 3rd Street was built in 1930 and last sold on Jun 6, 2018 for $132,000.
How much is this home worth?
The estimated value of the home located at 61 3rd Street is $0.
What are some comparable homes to 61 3rd Street?
There are currently no comparable homes to 61 3rd Street.
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