Leicester · Leicester, NC
48 Merrell Road
Leicester, NC · 1,869 sqft
$725,000
- 3Beds
- 3.5Baths
- 1,869SqFt
- 1990Year
- 13Days on market
About this home
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.
Property details
- Beds
- 3
- Baths
- 3.5
- SqFt
- 1,869
- Lot
- —
- Year built
- 1990
- Type
- Single Family
- Days on market
- 13
- Garage
- 2
- Style
- Farmhouse
- Heating
- Electric, Heat Pump
- Cooling
- Central Air, Electric, Heat Pump
- Foundation
- Basement
- Flooring
- Carpet, Wood
- HOA dues
- $290 / yr
Features
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$5,360/ month
- Principal & interest
- $4,490
- Property tax (~1.05%)
- $634
- Homeowners insurance
- $211
- HOA dues
- $24
Down payment
$36,250 down · $688,750 financed
Income to qualify (28% rule)
~$229,720 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.