NOT LISTED FOR SALE

194 Cherry Dr Lexington, NC 27292

Estimated Value: $142,000 - $175,000

3 Beds
1 Bath
1,200 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $145,000 $121 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $885/month

3 Days on Market

About This Home

As of July 2024

Cute home on private road in Davidson County! Featuring 3 bedrooms, 1 large bathroom, 3 sectioned outbuilding and nice front porch. Home is concrete except the addition. Addition was fully permitted with the county. Seller uses window units and the home stays cool! Bring your offers, sellers are motivated!

Last Agent to Sell the Property

Stephanie Ramsey

Sincerely Yours Real Estate License #299967 Listed on: 06/21/2024

Last Buyer's Agent

Alyssa Cross

Price REALTORS - Archdale License #344829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1961

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 99 x 158 x 100 x 190
  • Property is zoned RA3

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • E. Lawson Brown Middle School
  • East Davidson High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11325F0000008000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$535

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 99 x 158 x 100 x 190
  • Subdivision Name: None
  • Directions: Take business 85 (29/70) to East Park Ave, Left on Lee Smith Road, Right on Cherry Drive, Home on Right
  • Above Grade Finished Sq Ft: 1088
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1088
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: See Remarks, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pilot
  • High School: East Davidson
  • Middle Or Junior School: E. Lawson Brown

Lot Info

  • Parcel #: 11325F0000008000
  • Zoning: RA3
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 535
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 31, 2024
Sold by
Simmons Courtney E and West Courtney Simmons
Bought by
Spivey James Brayden and Spivey Mary Grace
Seller's Agent
Stephanie Ramsey
Sincerely Yours Real Estate
Buyer's Agent
Alyssa Cross
Price REALTORS - Archdale
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Views
43
Current Estimated Value
$160,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,162
Avg. Annual Appreciation
8.08%
Original Mortgage
$15,000
Outstanding Balance
$14,830
Interest Rate
6.87%
Estimated Equity
$145,332

Purchase Details

Closed on
Mar 26, 2021
Sold by
Simmons Courtney E
Bought by
Simmons Courtney E and West Carl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2021
Sold by
Simmons Tamara H
Bought by
Simmons Courtney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1990
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
Spivey James Brayden $145,000 Title Policy
Simmons Courtney E -- None Available
Simmons Courtney E -- None Listed On Document
Simmons Courtney E -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spivey James Brayden $15,000
Open Spivey James Brayden $138,380
Previous Owner Simmons Courtney E $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $145,000 +3.6% $161 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $139,900 -- $155 / 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 $510 $77,310 $0 $0
2024 $527 $79,910 $0 $0
2023 $535 $79,910 $0 $0
2022 $421 $63,730 $0 $0
2021 $421 $63,730 $0 $0
2020 $325 $49,260 $0 $0
2019 $330 $49,260 $0 $0
2018 $320 $49,260 $0 $0
2017 $320 $49,260 $0 $0
2016 $320 $49,260 $0 $0
2015 $320 $49,260 $0 $0
2014 $306 $47,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Ramsey

    Seller's Agent in 2024

    Stephanie Ramsey

    Sincerely Yours Real Estate

    (336) 561-7468

    7 in this area

    81 Total Sales

    Stephanie Ramsey
    Section Image
  • Alyssa Cross

    Buyer's Agent in 2024

    Alyssa Cross

    Price REALTORS - Archdale

    (336) 920-0240

    2 in this area

    33 Total Sales

    Alyssa Cross
    Section Image
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Map

Source: Triad MLS

MLS Number: 1146319

Triad MLS

APN: 11-325-F-000-0008-0-0-0

North Carolina Davidson County Lexington 27292

194 Cherry Dr, Lexington, NC

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