NOT LISTED FOR SALE

202 Church St Cramerton, NC 28032

Estimated Value: $209,000 - $288,000

4 Beds
1 Bath
1,767 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $220,000 $125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,515/month

67 Days on Market

Highlights

  • Laundry Room
  • Attached Carport
  • Central Air
  • 1-Story Property

About This Home

As of June 2023

Welcome to this charming 4 bedroom home situated on a corner lot, located just 1-2 miles away from an abundance of local shopping and dining options. This is a prime opportunity to invest in a property that is already generating income, with tenants currently residing in the home. This home offers convenience and accessibility that is hard to beat. Whether you're looking for a cozy coffee shop or a thriving restaurant, you'll find it all just minutes from your doorstep. With tenants already in place, this property is an ideal addition to any rental portfolio or investment strategy. Don't miss out on the opportunity to make this home your own!

Last Agent to Sell the Property

Brett Wease

Jolly Realty Group LLC Brokerage Email: brettwease@jollyrealtygroup.com License #321375 Listed on: 02/23/2023

Co-Listed By

Susie Wease

Premier South Brokerage Email: brettwease@jollyrealtygroup.com License #321001

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1930

Lot Details

  • Property is zoned R1

Parking

  • Attached Carport

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 185490

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,670

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: none
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 124.50
  • Geocode Confidence: High
  • Attribution Contact: brettwease@jollyrealtygroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1767
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 625
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 625
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1767
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1767
  • Bedroom Main: 4
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 185490
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 26, 2023
Sold by
Cgre North Carolina Llc
Bought by
Vassar Properties Llc
Seller's Agent
Brett Wease
Jolly Realty Group LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%
Views
254
Current Estimated Value
$259,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,247
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Jan 27, 2022
Sold by
Wealth Cap Funds Llc
Bought by
Cgre North Carolina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jul 15, 2021
Sold by
Investcar Llc
Bought by
Wealth Cap Funds Llc
Seller's Agent
Steve Casselman
EXP Realty LLC Ballantyne
Buyer's Agent
Non Member
Canopy Administration
List Price
$139,900
Sold Price
$95,000
Premium/Discount to List
-$44,900
-32.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.74%

Purchase Details

Closed on
Feb 16, 2021
Sold by
Smoky Mountain Equity Llc
Bought by
Clp Fund 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2021
Sold by
Parson Paul and Shaquille Needham Trust
Bought by
Smoky Mountain Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2021
Sold by
Haithcock Arthur K and Haithcock Dawn Ford
Bought by
Shaquille Needham Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2021
Sold by
Curtis Bobby G and Aldridge Willie Mae
Bought by
Haithcock Arthur Kevin and Haithcock Dwn Ford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
2.6%
Mortgage Type
Commercial
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
Vassar Properties Llc $220,000 Tryon Title
Cgre North Carolina Llc $242,000 J Rosenberg Pa
Wealth Cap Funds Llc $113,500 None Available
Investear Llc $95,000 None Available
Clp Fund 1 Llc $95,000 Barristers Ttl Svcs Of Carol
Smoky Mountain Equity Llc $75,000 Barristers Ttl Svcs Of Carol
Shaquille Needham Trust $60,000 None Available
Haithcock Arthur Kevin $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cgre North Carolina Llc $193,600
Previous Owner Clp Fund 1 Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $220,000 -8.3% $125 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $240,000 -7.7% $136 / Sq Ft
02/23/2023 02/23/23 For Sale $260,000 +173.7% $147 / Sq Ft
07/14/2021 07/14/21 Sold $95,000 -24.0% $55 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $125,000 -3.8% $73 / Sq Ft
05/14/2021 05/14/21 Price Changed $130,000 -7.1% $76 / Sq Ft
04/09/2021 04/09/21 For Sale $139,900 -- $81 / 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 $1,670 $233,840 $17,500 $216,340
2024 $1,670 $233,840 $17,500 $216,340
2023 $1,625 $233,840 $17,500 $216,340
2022 $765 $83,140 $12,000 $71,140
2021 $771 $83,140 $12,000 $71,140
2020 $760 $83,140 $12,000 $71,140
2019 $768 $83,140 $12,000 $71,140
2018 $812 $83,669 $10,800 $72,869
2017 $802 $83,669 $10,800 $72,869
2016 $802 $83,669 $0 $0
2014 -- $76,440 $13,500 $62,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004758

Canopy MLS (Canopy Realtor® Association)

APN: 185490