NOT LISTED FOR SALE

116 Cherokee Dr Lexington, NC 27295

Estimated Value: $302,000 - $332,464

3 Beds
2 Baths
2,253 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $290,000 $129 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,797/month

18 Days on Market

Highlights

  • Attic
  • Circular Driveway
  • Wet Bar
  • No HOA
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of October 2024

This home is awaiting your family to come in with your choice of upgrades and make it your own. Large entry into living area with fireplace and wet back and access to back deck. Large kitchen/dining with all major appliances to convey. The office is adjoining kitchen and living and could be a formal dining area if buyer desires. Primary bedroom with private bath, dressing area and walk-in closet. 2 additional bedrooms and bath. Access to attic in closet in hallway with built-in ladder. 2-car attached garage, fenced back yard and storage building. Being sold "as is".

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 09/07/2024

Last Buyer's Agent

Aaron Loftin

Town & Country License #349847

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1978

Lot Details

  • 0.71 Acre Lot
  • Fenced
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,253 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • West Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sapona Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11344B00E0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Subdivision Name: Sapona Country Club
  • Directions: Old Hwy 29 (Salisbury Rd.) from Lexington. Rt. into Sapona. Rt. Chereokee Dr. Property on left.
  • Above Grade Finished Sq Ft: 2253
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Subdivision
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Pantry, Wet Bar
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2253
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Subdivided
  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • High School: West Davidson

Lot Info

  • Parcel #: 11344B00E0001
  • Zoning: RS
  • TRIADMLS_PlatPage: 3
  • TRIADMLS_PlatBook: 15

Tax Info

  • Tax Annual Amount: 1426
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 15, 2024
Sold by
Arsenault Eileen J
Bought by
Loftin Aaron Duane
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Aaron Loftin
Town & Country
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Views
63
Current Estimated Value
$320,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,616
Avg. Annual Appreciation
8.88%
Original Mortgage
$284,747
Outstanding Balance
$280,250
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$40,366

Purchase Details

Closed on
Sep 12, 2007
Sold by
Byrd Bruce Lynn and Byrd Sibyl S
Bought by
Arsenault John S and Arsenault Eileen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993

Purchase Details

Closed on
Dec 1, 1985

Purchase Details

Closed on
Aug 1, 1984

Purchase Details

Closed on
Jan 1, 1981
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
Loftin Aaron Duane $290,000 None Listed On Document
Arsenault John S $212,000 None Available
-- $135,000 --
-- $115,000 --
-- $111,000 --
-- $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftin Aaron Duane $284,747
Previous Owner Arsenault John S $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $290,000 -7.9% $129 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $315,000 -- $140 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

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 $1,405 $230,030 $0 $0
2024 $1,405 $230,030 $0 $0
2023 $1,405 $230,030 $0 $0
2022 $1,405 $230,030 $0 $0
2021 $1,405 $230,030 $0 $0
2020 $1,127 $184,580 $0 $0
2019 $1,144 $184,580 $0 $0
2018 $1,144 $184,580 $0 $0
2017 $1,144 $184,580 $0 $0
2016 $1,144 $184,580 $0 $0
2015 $1,144 $184,580 $0 $0
2014 $1,208 $194,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1155102

Triad MLS

APN: 11-344-B-00E-0001-0-0-0