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5996 Tea Olive Rd

Marvin, NC 28173

7 bd 7 ba 7,691 sqft Built 2017 Lot 36,068 sqft single_family
Most recent sale
$1,625,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2022 Sold $1,625,000 MLS #3806776
Nov 29, 2021 Listed $1,625,000 MLS #3806776
May 19, 2017 Sold $943,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,185,500 $252,000 $1,437,500 $7,737
2024 $1,185,500 $252,000 $1,437,500 $8,243
2023 $945,700 $173,200 $1,118,900 $7,920
2022 $945,700 $173,200 $1,118,900 $7,914
2021 $945,700 $173,200 $1,118,900 $7,715
2020 $775,400 $120,000 $895,400 $7,433
2019 $775,400 $120,000 $895,400 $7,309
2018 $775,400 $120,000 $895,400 $7,309
2017 $246,700 $120,000 $366,700 $3,155
2016 $120,000 $120,000 $1,015

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
7
Baths
7
Living area
7,691 sqft
Lot size
36,068 sqft
ZIP code
28173
City
Marvin
Street
Tea Olive Rd
Coordinates
34.99455, -80.81434

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,383
Gross rental yield
7.67%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 5996 Tea Olive Rd last sell?
5996 Tea Olive Rd most recently sold on Mar 3, 2022 for $1,625,000.
What is the current tax assessment for 5996 Tea Olive Rd?
The most recent total assessment for 5996 Tea Olive Rd (year 2025) is $1,437,500 with $7,737 in property tax.
How does 5996 Tea Olive Rd's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $1,625,000.
When was 5996 Tea Olive Rd built?
5996 Tea Olive Rd was built in 2017.
How does 5996 Tea Olive Rd compare to others on Tea Olive Rd?
We track 2 other properties on Tea Olive Rd. Browse the list under "Other properties on Tea Olive Rd" to compare beds, baths, and sale history.
What are the property facts for 5996 Tea Olive Rd?
5996 Tea Olive Rd is a 7 bed, 7 bath, 7,691 sqft, 36,068 sqft lot single_family.
Is 5996 Tea Olive Rd a flip candidate?
No — 5996 Tea Olive Rd does not appear in our flips dataset.
Is 5996 Tea Olive Rd a tax-appeal candidate?
No — 5996 Tea Olive Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+10.8%
Implied 1-yr
+43.1%
2026 Q3
$1.86M
2026 Q4
$1.97M
ZIP 28173 — Median Price History + Forecast

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