NOT LISTED FOR SALE

36 Cherry Cove Ln Unit 4 Old Fort, NC 28762

Estimated Value: $39,754

1 Acre
$39,754 Price per Acre
43,560 Sq Ft Lot

Last Sold April 03, 2024

Last sale price $40,000

Est. 1% decrease in value since last sale

Current estimated payment $272/month

87 Days on Market

Highlights

  • Hilly Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Lot

As of April 2024

Exciting opportunity for building in the Old Fort Community! Be the first to build in the unspoiled richness of the new Cherry Cove Subdivision, located just a couple of miles from the town center of Old Fort! The property is situated just along US Highway 70 W. This wooded & private area offers so much! Minutes away from downtown Old Fort, Marion & Black Mtn, you will enjoy quick and easy access to restaurants, breweries, shopping, hiking, kayaking, biking and so much more. I-40 is also an easy access for longer trips to Hickory, Charlotte, Asheville, Tennessee, etc. This lot backs up to some peaceful pasture land with nothing but green fields to see. Land is ready to be cleared as needed and start the building process. Please come and check it out today!

Last Agent to Sell the Property

Regina Farmer

Mountain Lake Realty Brokerage Email: regfarmer@gmail.com License #312851 Listed on: 10/10/2023

Co-Listed By

Brenda Hoyle

Mountain Lake Realty Brokerage Email: regfarmer@gmail.com License #295411

Last Buyer's Agent

Katherine Todd

EXP Realty LLC License #301169

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $85

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Old Fort Elementary School
  • West Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Community Details

  • Holly Johnson Association, Phone Number (828) 442-5003
  • Cherry Cove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0760-59-5289

Property Details

Property Type

Land

Est. Annual Taxes

$85

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Deed,Height,Livestock Restriction,Manufactured Home Not Allowed,Subdivision
  • Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: regfarmer@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: None
  • Other Structures: None
  • Foundation Details Proposed: Basement,Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Holly Johnson
  • Phone: 828-442-5003
  • ResoAssociationFeeFrequency: Annually
  • Association Email: hcj0789@gmail.com

Association/Amenities

  • Association Annual Expense: 500.00

Schools

  • Middle Or Junior School: West McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Hilly, Rolling Slope, Wooded
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 0760-59-5289
  • Plat Book Slide: 39/43
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Old Fort
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Apr 3, 2024
Sold by
Rhododendron Investments Llc
Bought by
Kerlee Brandon Lee and Kerlee Ashley Freeman
Seller's Agent
Regina Farmer
Mountain Lake Realty
Buyer's Agent
Katherine Todd
EXP Realty LLC
List Price
$58,000
Sold Price
$40,000
Premium/Discount to List
-$18,000
-31.03%
Total Days on Market
87
Views
27
Current Estimated Value
$39,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$246
Avg. Annual Appreciation
0.69%
Source: Public Records

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Range of Values:

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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
Kerlee Brandon Lee $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $40,000 -16.7% --
12/12/2023 12/12/23 Price Changed $48,000 -17.2% --
10/10/2023 10/10/23 For Sale $58,000 -- --
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
2024 $85 $12,000 $12,000 $0
2023 $83 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4068360

Canopy MLS (Canopy Realtor® Association)

APN: 0760-00-59-5289