NOT LISTED FOR SALE

2533 Leonhardt Rd Cherryville, NC 28021

Estimated Value: $145,000 - $172,000

3 Beds
2 Baths
1,275 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $60,000 $47 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $928/month

5 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Vinyl Flooring

About This Home

As of April 2022

Doublewide manufactured home on approximately 0.57 acres in western Lincoln County near Cherryville. The home needs some updates and repairs and has a good bit of deferred maintenance issues. The home does not have a water source, the buyer would be responsible for installing a well. Per a survey prepared in 2016, the home sits roughly 2 feet from a property line but there is no infringement, but it is grandfathered in per Lincoln County. The home is being sold as-is. Good investment potential. There is an easement from Leonhart for access to the property. A well permit was obtained from the county. No FHA or government secured loans can be accepted.

Last Agent to Sell the Property

Kent Spurling

Vickie Spurling Realty Inc License #22667 Listed on: 02/23/2022

Last Buyer's Agent

Vickie Spurling

Vickie Spurling Realty Inc License #164716

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $855

Year Built

  • Built in 2005

Lot Details

  • 0.59

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Brook Elementary School
  • West Lincoln Middle School
  • West Lincoln High School

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11548

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$855

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2005
  • Ratio Current Price By Acre: 105263.16
  • Road Surface Type: None
  • Structure Type: Manufactured Doublewide
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Pier & Beam
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1275
  • 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: 0
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1275

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Manufactured
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: None

Schools

  • Middle Or Junior School: West Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Parcel Number: 11548
  • Zoning Description: R-R

Tax Info

  • RATIO List Price By Tax Amount: 0.81331

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Brook
  • High School: West Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 30, 2022
Sold by
Summers Brian M
Bought by
Philadelphia Properties Llc
Seller's Agent
Kent Spurling
Vickie Spurling Realty Inc
Buyer's Agent
Vickie Spurling
Vickie Spurling Realty Inc
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$157,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,333
Avg. Annual Appreciation
30.27%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Selene Finance Lp
Bought by
Summers Brian M

Purchase Details

Closed on
Jun 4, 2014
Sold by
Solesby Stephen and Starnes Solesby Jennifer
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 28, 2005
Sold by
Canipe Howard Dale and Canipe Teresa R
Bought by
Starnes Jennifer S and Solesby Stephen
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
Philadelphia Properties Llc $60,000 Huffstetler Palmer E
Summers Brian M $25,500 None Available
Selene Finance Lp $5,000 None Available
Bank Of America Na $25,200 None Available
Starnes Jennifer S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solesby Stephen $68,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $60,000 +9.1% $47 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/25/2022 02/25/22 Price Changed $55,000 -15.4% $43 / Sq Ft
02/23/2022 02/23/22 For Sale $65,000 -- $51 / 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 $855 $120,364 $23,130 $97,234
2024 $835 $120,364 $23,130 $97,234
2023 $830 $120,364 $23,130 $97,234
2022 $601 $67,625 $16,628 $50,997
2021 $601 $67,625 $16,628 $50,997
2020 $473 $67,625 $16,628 $50,997
2019 $473 $67,625 $16,628 $50,997
2018 $539 $61,616 $13,821 $47,795
2017 $438 $61,616 $13,821 $47,795
2016 $438 $61,616 $13,821 $47,795
2015 $515 $61,616 $13,821 $47,795
2014 $574 $74,687 $15,010 $59,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3833078

Canopy MLS (Canopy Realtor® Association)

APN: 11548