NOT LISTED FOR SALE

158 Oak Tree Ln Cherryville, NC 28021

Estimated Value: $146,000 - $243,000

2 Beds
1 Bath
846 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $31,000 $37 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $1,016/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Carpet

About This Home

As of January 2021

Attention investors: Credit-union-owned and CASH ONLY. Pre-inspection and termite inspection provided by seller. AS IS property. Floor/structural damage present with extensive repairs needed. House has been winterized. Price reflects challenging condition. Has 16 x 16 wired storage building with brick foundation, but visually noted that needs siding and flooring repair. If wish to drive by, please do not access front porch or back deck without an agent present, and please only visit property during daylight hours as this is at the end of a private dirt road. Road has deeded easement, but no recorded road maintenance agreement located.****MULTIPLE OFFERS RECEIVED ...SELLERS HAVE CALLED FOR HIGHEST AND BEST OFFERS TO BE SUBMITTED BY NOON 12/18/20. OFFER HAS BEEN VERBALLY ACCEPTED. AWAITING PAPERWORK MONDAY.

Last Agent to Sell the Property

MaryLynne Cloninger

Howard Hanna Allen Tate Gastonia License #185668 Listed on: 12/15/2020

Howard Hanna Allen Tate Gastonia

Last Buyer's Agent

Nicole Demers

PMI Realty LLC License #301050

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.6

Home Design

  • Traditional Architecture

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Insulated Windows
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 160534

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.55000
  • Ratio Close Price By Original Li: 1.55000
  • Ratio Current Price By Acre: 51666.67
  • Ratio Current Price By Sq Ft: 36.64
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Exhaust Hood
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 846
  • Total Sq Ft: 846

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 128x190x158x190
  • Parcel Number: 160534
  • Zoning Specification: R40

Tax Info

  • Tax Value: 73930.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Jordan Demers
Bought by
Whitney Thomas John
Current Estimated Value
$179,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Outstanding Balance
$165,074
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$27,088

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 15, 2021
Sold by
Local Government Federal Credit Union
Bought by
Demers Jordan
Seller's Agent
MaryLynne Cloninger
Howard Hanna Allen Tate Gastonia
Buyer's Agent
Nicole Demers
PMI Realty LLC
List Price
$20,000
Sold Price
$31,000
Premium/Discount to List
$11,000
55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.01%

Purchase Details

Closed on
Sep 22, 2020
Sold by
Johnston Robert S and Johnston Pamela S
Bought by
Government Federal Credit Union

Purchase Details

Closed on
May 1, 2008
Sold by
Johnston Robert S and Johnston Pamela S
Bought by
Johnston Robert S and Johnston Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Johnston Pamela S Creason and Johnston Robert S
Bought by
Johnston Robert S and Johnston Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whitney Thomas John $174,000 Pendleton Law Firm Pa
Demers Jordan $31,000 None Available
Government Federal Credit Union $36,315 None Available
Johnston Robert S -- None Available
Johnston Robert S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitney Thomas John $175,757
Previous Owner Johnston Robert S $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2021 01/18/21 Sold $31,000 +55.0% $37 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $20,000 -- $24 / 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 $885 $123,880 $10,500 $113,380
2024 $885 $123,880 $10,500 $113,380
2023 $861 $123,880 $10,500 $113,380
2022 $680 $73,930 $9,000 $64,930
2021 $688 $73,930 $9,000 $64,930
2020 $674 $73,930 $9,000 $64,930
2019 $681 $73,930 $9,000 $64,930
2018 $659 $68,239 $9,450 $58,789
2017 $651 $68,239 $9,450 $58,789
2016 $651 $68,239 $0 $0
2014 $668 $70,274 $12,000 $58,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3691633

Canopy MLS (Canopy Realtor® Association)

APN: 160534