3090 Cherokee Dr Elon, NC 27244
Altamahaw NeighborhoodEstimated Value: $193,000 - $302,000
3
Beds
3
Baths
1,900
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- 3.49 Acre Lot
- No HOA
- Tile Flooring
- 1 Fireplace
- Porch
- Detached Carport Space
About This Home
As of December 2023THIS INCLUDES TWO PARCELS: 118597 & 118592. Calling ALL investors to this split foyer home that has SO much potential... in an AWESOME location. Western Alamance school district. Beautiful, almost 3.5 acres of land! Generator & water purification system present. Gardening areas. Multiple buildings and an old structure are on the property. This home is being sold AS IS with seller making NO repairs or concessions. Per COURT ORDER SALE, a 10 day upset bid period is to be included in your contract. Noise from Ace Speedway can be heard from the property. There is no air conditioning downstairs.
Last Agent to Sell the Property
NorthGroup Real Estate License #315292 Listed on: 10/16/2023
Last Buyer's Agent
NONMEMBER NONMEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $953
Year Built
- Built in 1975
Lot Details
- 3.49 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Detached Carport Space
- Driveway
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,760 Sq Ft Home
- 1,500-1,900 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
- Pull Down Stairs to Attic
Kitchen
- Free-Standing Range
- Dishwasher
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Outdoor Storage
- Porch
Schools
- Western Middle School
- Western High School
Utilities
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 118597 & 118592
- 1% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Dec 27, 2023
Sold by
Hammock Wanda M
Bought by
Lassiter Michelle and Lassiter Michael James
Seller's Agent
Hannah Bason
NorthGroup Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%
Total Days on Market
56
Views
436
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,305
Avg. Annual Appreciation
17.80%
Original Mortgage
$184,300
Outstanding Balance
$182,131
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$60,804
Purchase Details
Closed on
Mar 29, 2019
Sold by
Winn John Harvard
Bought by
Winn John H and Winn Tracy Lynn
Purchase Details
Closed on
Jan 1, 1990
Bought by
Winn Kathy M Life Estate
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lassiter Michelle | $190,000 | None Listed On Document | |
| Winn John H | -- | None Available | |
| Winn Kathy M Life Estate | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lassiter Michelle | $184,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2023 12/28/23 | Sold | $190,000 | -9.1% | $127 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | Price Changed | $209,000 | -4.6% | $139 / Sq Ft |
| 10/24/2023 10/24/23 | Price Changed | $219,000 | -4.8% | $146 / Sq Ft |
| 10/16/2023 10/16/23 | For Sale | $230,000 | -- | $153 / Sq Ft |
Source: Triad MLS
Tax History Compared to Growth
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 | $993 | $174,578 | $22,889 | $151,689 |
| 2023 | $920 | $174,578 | $22,889 | $151,689 |
| 2022 | $837 | $105,992 | $22,105 | $83,887 |
| 2021 | $844 | $105,992 | $22,105 | $83,887 |
| 2020 | $854 | $105,992 | $22,105 | $83,887 |
| 2019 | $438 | $105,992 | $22,105 | $83,887 |
| 2018 | $0 | $105,992 | $22,105 | $83,887 |
| 2017 | $763 | $105,992 | $22,105 | $83,887 |
| 2016 | $793 | $113,717 | $22,105 | $91,612 |
| 2015 | $789 | $113,717 | $22,105 | $91,612 |
| 2014 | -- | $116,632 | $22,105 | $94,527 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Bason
H
Seller's Agent in 2023
Hannah Bason
NorthGroup Real Estate
(336) 269-0629
2 in this area
72 Total Sales
-
Shannon Chelenza
S
Seller Co-Listing Agent in 2023
Shannon Chelenza
NorthGroup Real Estate
(336) 263-7055
2 in this area
88 Total Sales
-
N
Buyer's Agent in 2023
NONMEMBER NONMEMBER
Map
Source: Triad MLS
MLS Number: 1121758
APN: 118597
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