NOT LISTED FOR SALE

117 Studio Dr Cherryville, NC 28021

Estimated Value: $211,000 - $247,000

2 Beds
2 Baths
1,419 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $185,000 $130 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,304/month

14 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry in Utility Room
  • Wood Flooring
  • Front Porch
  • 1-Story Property

About This Home

As of March 2023

Brick home located on Studio Dr near Cherryville Country Club and downtown. The HVAC and water heater were installed new in 2017, the metal roof is 10 years old, and the home has city water and a septic tank (city sewer is available). The master bathroom updates were done in 2020. The washer, dryer, range, and refrigerator remain with the home, and a new dishwasher has been ordered and is scheduled to be installed in February. The laundry is in the storage room in the carport. The 2 bedrooms and hallway have new carpet.

Last Agent to Sell the Property

Vickie Spurling

Vickie Spurling Realty Inc Brokerage Email: vickiespurlingrealty@gmail.com License #164716 Listed on: 01/24/2023

Last Buyer's Agent

Penny Sheppard

LPT Realty, LLC License #102891

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1960

Lot Details

  • 9,147 Sq Ft Lot
  • Property is zoned R1

Parking

  • 1 Detached Carport Space

Home Design

  • Traditional Architecture
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Schools

  • Cherryville Elementary School
  • John Chavis Middle School
  • Cherryville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 159081

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,257

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1960
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 130.37
  • Attribution Contact: vickiespurlingrealty@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1419
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1419
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1419
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Open Parking: No
  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 159081
  • Zoning: RES
  • Lot Size Acres: 0.21
  • Lot Size: irregular
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Cherryville
  • High School: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 9, 2023
Sold by
Mugridge Mark John
Bought by
Catherman Terria
Seller's Agent
Vickie Spurling
Vickie Spurling Realty Inc
Buyer's Agent
Penny Sheppard
LPT Realty, LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
89
Current Estimated Value
$227,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,799
Avg. Annual Appreciation
8.20%
Original Mortgage
$175,750
Outstanding Balance
$170,232
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$57,567

Purchase Details

Closed on
Jun 12, 2009
Sold by
Wead Mark R and Wead Tanya E
Bought by
Mugridge Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Properties Perfected Llc
Bought by
Wead Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Real Estate Investors Group Llc
Bought by
Properties Perfected Llc

Purchase Details

Closed on
Nov 5, 2003
Sold by
Hud
Bought by
Real Estate Investors Group Llc

Purchase Details

Closed on
May 30, 2000
Sold by
Elizabeth Neal John A
Bought by
Neal John Michael and Neal Paulette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,395
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Catherman Terria $185,000 Tryon Title
Mugridge Mark J $82,000 None Available
Wead Mark R -- --
Properties Perfected Llc $49,000 --
Real Estate Investors Group Llc -- --
Neal John Michael $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catherman Terria $175,750
Previous Owner Mugridge Mark J $73,400
Previous Owner Wead Mark R $80,000
Previous Owner Neal John Michael $63,395
Closed Neal John Michael $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $185,000 -7.5% $130 / Sq Ft
01/24/2023 01/24/23 For Sale $199,900 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,257 $116,480 $11,340 $105,140
2024 $1,257 $116,480 $11,340 $105,140
2023 $1,270 $116,480 $11,340 $105,140
2022 $1,171 $88,080 $9,720 $78,360
2021 $1,189 $88,080 $9,720 $78,360
2019 $1,145 $88,080 $9,720 $78,360
2018 $1,087 $81,707 $9,000 $72,707
2017 $1,087 $81,707 $9,000 $72,707
2016 $1,087 $81,707 $0 $0
2014 $982 $73,808 $11,250 $62,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3937414

Canopy MLS (Canopy Realtor® Association)

APN: 159081