NOT LISTED FOR SALE

2863 Cherry Ln Kinston, NC 28504

Estimated Value: $132,000 - $245,169

3 Beds
3 Baths
1,832 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $80,000 $44 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,145/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Brick Exterior Construction
  • Combination Dining and Living Room
  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of September 2022

Calling all investors! Brick Ranch in the Falling Creak area that could be converted back to a Duplex. Property needs work but has great upside for any buyer whether you are a flipper, long-term investor, or homeowner. Run the numbers on the property and see the potential margins/equity for the taking. Great for any DIY-er willing to put in the sweat equity. In a prime area of Kinston right next to Golf Course and Banks elementary school. Property is being sold as-is. Potential rents range from $1400-1800.

Last Agent to Sell the Property

Christian Jacobson

Sewell Realty Group License #310468 Listed on: 08/05/2022

Last Buyer's Agent

Clifton Little

Keller Williams Crystal Coast License #336989

Keller Williams Crystal Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1979

Lot Details

  • 0.79 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Banks Elementary School
  • Frink Middle School
  • North Lenoir High School

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 359601058128

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: None
  • List Price per Sq Ft: 44.92
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Sq Ft Heated: 1832.00
  • Sq Ft Heated Separate: 394.00
  • Total Heated Primary Separate Sq Ft: 2226.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: See Remarks
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: See Remarks

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water Available, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 745
  • Deed Page: 215.00
  • Lot Acres: 0.79
  • Lot Dimensions: Plate
  • Lot Sq Ft: 1832.00
  • Plat Book: 745
  • Plat Page: 215

Tax Info

  • Tax Identifier: 359601058128
  • Tax Year: 2021

MLS Schools

  • Elementary School: Banks
  • High School: North Lenoir
  • Middle School: Frink

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 31, 2022
Sold by
Jacobsen Properties Llc
Bought by
Lacruz Isidro Vicencio De and Sevill Rosa Maria
Seller's Agent
Christian Jacobson
Sewell Realty Group
Buyer's Agent
Clifton Little
Keller Williams Crystal Coast
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
27
Current Estimated Value
$194,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,292
Avg. Annual Appreciation
32.66%

Purchase Details

Listed on
Aug 5, 2022
Closed on
Jul 27, 2022
Sold by
Thrower Joyce M
Bought by
Jacobsen Properties Llc
Seller's Agent
Christian Jacobson
Sewell Realty Group
Buyer's Agent
Clifton Little
Keller Williams Crystal Coast
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
27
Source: Public Records

Range of Values:

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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
Lacruz Isidro Vicencio De $80,000 Eddings Rory C
Dela Cruz Isidro Vicencio $80,000 Eddings Rory C
Jacobsen Properties Llc $59,000 --
Jacobsen Properties Llc $59,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jacobsen Properties Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2022 09/06/22 Sold $80,000 -20.0% $44 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $100,000 -- $55 / Sq Ft
Source: Hive 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 $1,514 $208,940 $22,550 $186,390
2024 $1,015 $112,431 $10,000 $102,431
2023 $1,105 $112,431 $10,000 $102,431
2022 $1,105 $112,431 $10,000 $102,431
2021 $1,102 $112,431 $10,000 $102,431
2020 $1,102 $112,431 $10,000 $102,431
2019 $1,105 $112,431 $10,000 $102,431
2018 $1,088 $112,431 $10,000 $102,431
2017 $1,003 $112,431 $10,000 $102,431
2014 $1,076 $112,695 $10,000 $102,695
2013 -- $112,695 $10,000 $102,695
2011 -- $112,695 $10,000 $102,695
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christian Jacobson

    Sewell Realty Group

    Section Image
  • Clifton Little

    Buyer's Agent in 2022

    Clifton Little

    Keller Williams Crystal Coast

    (252) 342-2692

    4 in this area

    19 Total Sales

    Clifton Little
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100342897

Hive MLS

APN: 359601058128

North Carolina Lenoir County Kinston 28504

2863 Cherry Ln, Kinston, NC

This home is located at 2863 Cherry Ln, Kinston, NC 28504 since 05 August 2022 and is currently estimated at $194,292, approximately $106 per square foot. This property was built in 1979. 2863 Cherry Ln is a home located in Lenoir County with nearby schools including Banks Elementary School, E.B. Frink Middle School, and North Lenoir High School.

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