NOT LISTED FOR SALE

3377 Flay Sain Rd Cherryville, NC 28021

Estimated Value: $217,000 - $752,000

3 Beds
3 Baths
1,800 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $515,000 $286 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,884/month

315 Days on Market

Highlights

  • Horse Facilities
  • Stables
  • Open Floorplan
  • Barn
  • In Ground Pool
  • Bamboo Flooring

About This Home

As of June 2020

Property includes a main home with in- ground pool. Main bath, master bath and full bath in guest room. Gorgeous bamboo flooring. In addition, there is a separate "equestrian area" with stalls in two barns, an arena, various outbuildings, and a huge pond separating main home from horse facility area. A 72' by 40' steel building has 5 overhead doors, auto lifts, can hold a recreational vehicle plus several other vehicles. It is a workshop supreme for the person who loves "toys" , working on automobile rehab and/or boat storage. On the upper level of this building is a mini-leisure area with full bath.. Property is 42 minutes from Charlotte International Airport and under an hour to center of Charlotte. This is a perfect scenario for a person who wants to board enjoy land and have domestic animals in the pastures.

Last Agent to Sell the Property

Jo Zarnoch

Lake Norman Realty, Inc. License #189280 Listed on: 07/09/2019

Lake Norman Realty, Inc.

Last Buyer's Agent

Paul Martinez

Redwood Realty Group LLC License #294215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Level Lot

Parking

  • 4

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Bamboo
  • Laminate

Outdoor Features

  • In Ground Pool
  • Gazebo
  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Machine Shed
  • Fenced For Cattle

Horse Facilities and Amenities

  • Hay Storage
  • Stables

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 10425

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93807
  • Ratio Close Price By Original Li: 0.89565
  • Ratio Current Price By Acre: 25750.00
  • Ratio Current Price By Sq Ft: 286.11
  • Year Built: 1979
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo, Laminate Tile
  • Interior Amenities: Cable Available, Open Floorplan, Pantry
  • Laundry Location: Main, Porch
  • Room Count: 1
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 840
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Arena, Barn(s), Auto Shop, Workshop, Equestrian Facilities, Fenced Pasture, Fenced Yard, Pool-In-Ground, Shed(s), Hay Shed, Stable, Tractor Shed, Wired Internet Available, Satellite Internet Available, Gazebo
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 4+ Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Level, Lake, Year Round View
  • Parcel Number: 10425
  • Zoning Specification: R-R

Tax Info

  • Tax Value: 275368.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jun 30, 2020
Sold by
Englert Mark K
Bought by
Rule Wallace Brook and Rule Wanda W
Seller's Agent
Jo Zarnoch
Lake Norman Realty, Inc.
Buyer's Agent
Paul Martinez
Redwood Realty Group LLC
List Price
$549,000
Sold Price
$515,000
Premium/Discount to List
-$34,000
-6.19%
Current Estimated Value
$498,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,660
Avg. Annual Appreciation
-0.61%
Original Mortgage
$412,000
Outstanding Balance
$366,012
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$132,328

Purchase Details

Closed on
May 28, 2004
Bought by
Englert Mark K

Purchase Details

Closed on
Jun 5, 1992
Bought by
Wirth Richard C
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
Rule Wallace Brook $515,000 None Available
Englert Mark K $175,000 --
Wirth Richard C $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rule Wallace Brook $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $515,000 -6.2% $286 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $549,000 +6.6% $305 / Sq Ft
10/03/2019 10/03/19 Off Market $515,000 -- --
09/04/2019 09/04/19 Price Changed $549,000 -4.5% $305 / Sq Ft
07/09/2019 07/09/19 For Sale $575,000 -- $319 / 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 $3,094 $458,330 $118,352 $339,978
2024 $3,054 $458,330 $118,352 $339,978
2023 $2,911 $458,330 $118,352 $339,978
2022 $2,415 $309,891 $92,829 $217,062
2021 $2,415 $309,891 $92,829 $217,062
2020 $2,123 $309,891 $92,829 $217,062
2019 $2,132 $311,269 $92,829 $218,440
2018 $2,121 $275,368 $90,429 $184,939
2017 $1,859 $275,368 $90,429 $184,939
2016 $1,859 $275,368 $90,429 $184,939
2015 $1,994 $275,368 $90,429 $184,939
2014 $1,554 $210,795 $97,010 $113,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3367537

Canopy MLS (Canopy Realtor® Association)

APN: 10425