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141 N Madison St, Marion, NC, 28752

6beds
4baths
2,800sqft
$450,000
$161price/sqft
$2,931/moest. monthly cost
$117,240/yrincome needed

About This Home

European Charm in the Heart of Marion! This stunning 1930s 5-bedroom, 3.5-bath home offers a unique blend of European elegance and modern convenience. Enjoy the charm of original hardwood built-ins, updated electrical systems, custom cabinetry, and a sophisticated color palette that perfectly balances timeless craftsmanship with today’s lifestyle needs.Located in the friendly town of Marion, this home combines formality with a modern edge. Walk to downtown Marion. Easy access to I-40, Asheville is only 35 minutes away. Lake James is a short drive, and for winter sports enthusiasts, snow skiing is just 40 minutes from your door.The finished, fully functioning basement offers additional living space with a separate entrance, and interior access…could be a perfect rental! The low-maintenance yard, and potential space above the garage, on-street parking with a driveway add to the convenience…and it’s walkable to downtown Marion.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

4/10
Marion Elementary SchoolGrades PK-50.3 mi
2/10
McDowell High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1935

Materials

  • Roof: Metal
  • Construction materials: Aluminum,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: European
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Exhaust Hood,Microwave,Refrigerator
  • Laundry features: In Basement,Main Level

Basement

  • Has basement: Yes
  • Basement: Apartment,Exterior Entry,Finished,Interior Entry

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bathroom Half

  • Level: Basement

Bedroom S

  • Level: Basement

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Built-in Features
  • Flooring: Tile,Wood
  • Fireplace features: Living Room
  • Finished area below ground: 1,200
  • Finished area above ground: 1,600

Heating & Cooling

  • Heating features: Central,Ductless,Electric,Forced Air,Natural Gas
  • Cooling features: Central Air,Ductless,Electric

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 2,800 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Other

  • Level: Basement

Other

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Two or More Access Exits

Details

  • Parcel number: 170107687395
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Porch,Side Porch
  • Waterfront features: None

Lot

  • Lot size: 0.05 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in McDowell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$171$2,052
Property Taxes $225$2,700
Electricity $260$3,129
Total$2,931$35,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,491/yr
40% on housing$87,930/yr
45% on housing$78,160/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 28752$170
McDowell County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 28752$194
McDowell County$232

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Listed for sale$450,000
2026-05-01Listing removed$469,900
2026-03-23Listed for sale$469,900
2026-02-05Listing removed$487,500
2025-11-20Price change$487,500
2025-10-13Listing removed$2,800
2025-10-09Listed for sale$495,000
2025-05-16Listed for rent$2,800
2025-01-27Listing removed$550,000
2024-11-21Listed for sale$550,000
2024-11-17Listing removed--
2024-08-29Listed for sale$550,000
2021-11-04Sold$160,000
2006-05-04Sold$121,000

For Sale by Agent

AgentTami Newman
BrokerageCarolina Mountain Sales

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