NOT LISTED FOR SALE

23 Cherry Ln Burnsville, NC 28714

Estimated Value: $305,000 - $393,073

5 Beds
3.5 Baths
2,824 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $275,000 $97 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,007/month

103 Days on Market

Highlights

  • Deck
  • Fireplace
  • Shed
  • Farmhouse Style Home
  • Laundry Room
  • Access to stream, creek or river

About This Home

As of March 2022

REDUCED Calling all investors.THE ULTIMATE LOCATION!Multi family unit in town but not City Limits Talk about convenience and a world of options.Flat open lot, plenty of parking.A farmhouse that has been transformed into three apartments. Studio and a 2/1 on the ground level and 4&1and 1/2 bath make up one apt on the second and third floor.All units have there own laundry and entrances.Nice porches to sit and relax.A two level can house, a beautiful barn wood building,and of course a huge wide open newer building to let your imagination run completely wild. This building has heat and the air can be added easily. It also has a half bath. The house does not have air conditioning. Super close to the quaint down town area. A small creek runs down the side of property behind the hedge of Leland Cypress Trees. With some updating and improvements, this would rival the best. Start day one with an income.I don't know that there is a better opportunity on the market. Don't let this one slip away.

Last Agent to Sell the Property

Bobbie McMahan

Allen Tate/Beverly-Hanks Burnsville License #300064 Listed on: 08/16/2021

Last Buyer's Agent

Diane Vander Linden

WNC Mountain Realty Group LLC License #255226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1940

Lot Details

  • Level Lot
  • Open Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,824 Sq Ft Home
  • Fireplace
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Shed
  • Outbuilding

Utilities

  • Heating System Uses Natural Gas
  • Shared Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 081016942384.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,474

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Farmhouse
  • Year Built: 1940
  • Ratio Current Price By Acre: 458333.33
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: NONE
  • Proposed Special Assessment Desc: NO
  • Road Surface Type: Gravel
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Fixture Exception Yn: 0
  • Porch: Covered,Deck
  • Appliances: Electric Dryer Hookup, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Living Area: 2824

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s), Other
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level, Upper Level, Porch
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level, Mountain View, Open Lot, Creek/Stream
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Parcel Number: 081016942384.000
  • Zoning Description: NONE

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: Other
  • Pets Allowed: No

Tax Info

  • RATIO List Price By Tax Amount: 2.61013

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2001
Bought by
Grant Earl and Grant Carolyn
Current Estimated Value
$345,768
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grant Earl $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $275,000 -3.5% $97 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $285,000 -1.3% $101 / Sq Ft
10/06/2021 10/06/21 Price Changed $288,900 -0.3% $102 / Sq Ft
08/16/2021 08/16/21 For Sale $289,900 -- $103 / 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
2024 $1,474 $245,600 $75,000 $170,600
2023 $742 $109,190 $36,800 $72,390
2022 $728 $109,190 $36,800 $72,390
2021 $742 $109,190 $36,800 $72,390
2020 $742 $109,190 $36,800 $72,390
2019 $737 $109,190 $36,800 $72,390
2018 $737 $109,190 $36,800 $72,390
2017 $737 $109,190 $36,800 $72,390
2016 $721 $109,190 $36,800 $72,390
2015 $445 $79,420 $31,100 $48,320
2014 $397 $79,420 $31,100 $48,320
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3774287

Canopy MLS (Canopy Realtor® Association)

APN: 081016942384.000