NOT LISTED FOR SALE

1007 Cherry Stem Rd Haw River, NC 27258

Estimated Value: $404,000 - $429,000

5 Beds
3 Baths
2,900 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $412,390 $142 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,385/month

6 Days on Market

Highlights

  • New Construction
  • Covered Patio or Porch
  • Tankless Water Heater
  • Hawfields Middle School Rated 9+
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of July 2023

Brand new, energy-efficient home available NOW! Sip your coffee from the Chatham's charming back patio. Linen cabinets, cotton whit quartz countertops, cool grey EVP flooring and multi-tone carpet in our Sleek package. The Signature Series at Cherry Creek will offer four distinct floorplans ranging from 1,648 to 2,937 square feet including our signature energy-efficient features and curated with the latest design trends. Located within minutes of I-40 and I-85, this community offers quick access to Tanger Outlets, Downtown Graham and easy commutes to Durham and Greensboro. Homeowners will enjoy onsite amenities including a splash pad and cabana. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Last Agent to Sell the Property

Annita Bowden

Meritage Homes of the Carolinas License #191587 Listed on: 05/08/2023

Last Buyer's Agent

Kristi May

Keller Williams Central License #254178

Keller Williams Central

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 40x120

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,674 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hawfields Middle School
  • Eastern Alamance High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Cherry Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 40x120
  • Subdivision Name: Cherry Creek
  • Directions: Follow I-40 W to Graham. Take exit 150 from I-40 W. Take Jimmie Kerr Rd to Cherry Ln.
  • Above Grade Finished Sq Ft: 2674
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher,Disposal,Gas Cooktop, Water Heater: Gas,Tankless
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: CO Detector, Dryer Connection, Kitchen Island, Laundry Room - 2nd Level, Pantry, Separate Shower, Smoke Alarm, Washer Connection
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2674
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Covered Porch, Patio
  • Lot Features: Subdivision
  • Pool Features: None
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Completion Date: 2023-04-20T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Connection
  • Cooling: Zoned
  • Heating: Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas, Tankless
  • Energy Features: Energy Star Rated

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Audrey W. Garrett
  • High School: Eastern Alamance
  • Middle Or Junior School: Hawfields

Lot Info

  • Parcel #: 1
  • Zoning: Residential
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 14, 2023
Sold by
Meritage Hm/The Carolinas Inc
Bought by
Wong Christian Paul Alvarad
Seller's Agent
Annita Bowden
Meritage Homes of the Carolinas
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$407,390
Sold Price
$412,390
Premium/Discount to List
$5,000
1.23%
Views
16
Current Estimated Value
$415,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,627
Avg. Annual Appreciation
0.25%
Original Mortgage
$404,920
Outstanding Balance
$395,080
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$19,937
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong Christian Paul Alvarad $412,500 None Listed On Document
Wong Christian Paul Alvarad $412,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Christian Paul Alvarad $404,920
Closed Wong Christian Paul Alvarad $404,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $412,390 +1.2% $172 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $407,390 -- $170 / Sq Ft
Source: Triad MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,995 $403,901 $40,000 $363,901
2024 $1,894 $403,901 $40,000 $363,901
2023 $173 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1105022

Triad MLS

APN: 178880