NOT LISTED FOR SALE

3090 Cherokee Dr Elon, NC 27244

Estimated Value: $197,000 - $288,518

3 Beds
3 Baths
1,900 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $190,000 $100 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,306/month

56 Days on Market

Highlights

  • 1 Fireplace
  • Porch
  • Detached Carport Space
  • No HOA
  • Tile Flooring
  • Outdoor Storage

About This Home

As of December 2023

THIS 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

Hannah Bason

NorthGroup Real Estate License #315292 Listed on: 10/16/2023

NorthGroup Real Estate

Co-Listed By

Shannon Chelenza

NorthGroup Real Estate License #285920

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
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118597 & 118592
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.49
  • Lot Size: SEE PLAT
  • Co List Office Mls Id: WNGRE01
  • Co List Office Phone: 704-412-2804
  • Subdivision Name: None
  • Directions: Please use GPS to 3090 Cherokee Drive, Elon. You will then take the gravel driveway beside of 3084 Cherokee Drive. The home is located down that driveway, on the right.
  • Above Grade Finished Sq Ft: 1760
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1975
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Cooktop
  • Flooring: Laminate, See Remarks, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), See Remarks
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Living Area: 1760
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 2
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Remarks
  • Fencing: None
  • Lot Features: Level, See Remarks
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 118597 & 118592
  • Zoning: RES
  • TRIADMLS_AcresRange: 3 - 4

Tax Info

  • Tax Annual Amount: 952.7
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.532

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%
Views
436
Current Estimated Value
$232,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,880
Avg. Annual Appreciation
10.60%
Original Mortgage
$184,300
Outstanding Balance
$181,362
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$51,518

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 List to Sale Price per Sq Ft
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

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 $1,072 $174,578 $22,889 $151,689
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

  • H

    Seller's Agent in 2023

    Hannah Bason

    NorthGroup Real Estate

    (336) 269-0629

    73 Total Sales

    Hannah Bason
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Shannon Chelenza

    NorthGroup Real Estate

    (336) 263-7055

    73 Total Sales

    Shannon Chelenza
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1121758

Triad MLS

APN: 118597

North Carolina Alamance County Elon 27244

3090 Cherokee Dr, Elon, NC

Not Listed for Sale

Detached

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