NOT LISTED FOR SALE

137 Cherrywood Ln Rutherfordton, NC 28139

Estimated Value: $443,000 - $585,000

3 Beds
3 Baths
3,090 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $455,000 $147 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,973/month

20 Days on Market

Highlights

  • Covered Dock
  • Open Floorplan
  • Private Lot
  • In Ground Pool
  • Deck
  • Wooded Lot

About This Home

As of June 2022

Lovely 3 BR/3 BA log home nestled in woods of gated community with so many features!!! Home has three levels of living space with a covered/screen-enclosed inground pool off the primary bedroom! The pool is surrounded by a beautiful stone patio & features a hot tub area with water cascading into the customized pool. Inside the front door, you'll find an open living area w/wood heater to warm the lg. family room, a dining area, & a beautiful kitchen w/granite countertops & pantry. The main level also has laundry area & primary bedroom w/walk-in closet & bath. There are 2 heat pumps w/main level unit being hybrid. Extras include on-demand hot water htr, & a Guardian whole house generator. There is a 500 gallon buried propane tank. Storage bldg has electricity. River Ridge Subd. has access to beautiful Broad River & a commons area w/gazebo, bathroom, picnic area, & playground. Very convenient to US 74 as connector to I-26 or I-85. Approx. 5 mi. to Tryon International Equestrian Center.

Last Agent to Sell the Property

Bernice Kaut

The Real Estate Place License #246079 Listed on: 05/03/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,643

Year Built

  • Built in 2001

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-75, R75N

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Window Treatments
  • Screened Porch
  • Basement

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage
  • Driveway
  • 1 to 5 Parking Spaces

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Access to stream, creek or river
  • Waterfront has a Concrete Retaining Wall
  • Covered Dock
  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1629315
  • Tax Block Lot 58,PH3

Community Details

Overview

  • Association Phone (917) 495-0767
  • River Ridge Of Cleghorn South Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,643

Year Built

Built in 2001

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2001
  • Ratio Current Price By Acre: 113750.00
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Basement Shop, Cathedral Ceiling(s), Hot Tub, Kitchen Island, Open Floorplan, Pantry, Skylight(s), Walk-In Closet(s), Whirlpool, Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1414
  • 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: 543
  • Porch: Covered,Deck,Front,Porch-Wrap Around,Screened,Side
  • Appliances: Ceiling Fan(s), Central Vacuum, Gas Cooktop, Dishwasher, Dryer, Electric Oven, Generator, Propane Cooktop, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1133
  • Fireplace Features: Wood Burning Stove
  • Living Area: 3090
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Hot Tub, In Ground Pool, Shed(s), Underground Power Lines, Workshop
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Rutherfordton
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Covered structure, Retaining Wall, Other
  • Construction Type: Log, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 281
  • Parking Features: Basement, Driveway, Garage - 1 Car, Parking Space - 4+, RV Parking

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump, Heat Pump, Propane, Wood Stove
  • Sewer: Septic Installed
  • Water Heater: Gas,Propane
  • Laundry Features: Main Level
  • Water Source: Filtration System, Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Playground, Recreation Area, Security
  • Association Fee: 320
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Phone: 917-495-0767
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Sloped, Creek/Stream, Wooded, Wooded
  • Lot Size Area: 4
  • Lot Size Units: Acres
  • Parcel Number: 1629315
  • Plat Book Slide: 20-78
  • Plat Reference Section Pages: 20/78
  • Zoning Description: R75N

Tax Info

  • Tax Block: Lot 58,PH3
  • RATIO List Price By Tax Amount: 1.54723

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 14, 2022
Sold by
Fraley Theodore G and Fraley Tracy Y
Bought by
Gibson Mark
Seller's Agent
Bernice Kaut
The Real Estate Place
Buyer's Agent
Non Member
Canopy Administration
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Current Estimated Value
$516,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,194
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Oct 22, 2007
Sold by
Buttram Jack E and Buttram Barbara E
Bought by
Fraley Theodore G and Fraley Tracy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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
Gibson Mark $455,000 Staton Law Pa
Fraley Theodore G $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fraley Theodore G $11,409
Previous Owner Buttram Jack E $200,000
Closed Gibson Mark $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $455,000 -4.2% $147 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $475,000 0.0% $154 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $475,000 -- $154 / 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 $2,643 $427,000 $33,800 $393,200
2024 $2,409 $427,000 $33,800 $393,200
2023 $1,979 $427,000 $33,800 $393,200
2022 $1,979 $307,000 $33,800 $273,200
2021 $1,979 $307,000 $33,800 $273,200
2020 $1,979 $307,000 $33,800 $273,200
2019 $1,971 $307,000 $33,800 $273,200
2018 $1,716 $269,400 $32,400 $237,000
2016 $1,716 $269,400 $32,400 $237,000
2013 -- $269,400 $32,400 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3856477

Canopy MLS (Canopy Realtor® Association)

APN: 1629315