NOT LISTED FOR SALE

362 S Cherry St Unit B Kernersville, NC 27284

Downtown Kernersville Neighborhood

Estimated Value: $105,000 - $121,000

2 Beds
1 Bath
1,000 Sq Ft
$100/mo HOA Fee

Last Sold June 15, 2016

Last sale price $30,000 $30 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $739/month

3 Days on Market

About This Home

As of June 2016

This home is located at 362 S Cherry St Unit B, Kernersville, NC 27284 since 20 May 2016 and is currently estimated at $113,044, approximately $113 per square foot. This property was built in 1970. 362 S Cherry St Unit B is a home located in Forsyth County with nearby schools including Kernersville Elementary School, Kernersville Middle, and East Forsyth High School.

Last Agent to Sell the Property

Michaela Jarrett

RE/MAX Realty Consultants License #198596 Listed on: 05/20/2016

RE/MAX Realty Consultants

Last Buyer's Agent

Glenda Turner

Triad Properties License #279441

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $392

Year Built

  • Built in 1970

Lot Details

  • 436

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Tanyard Court Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5352E804
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$392

Year Built

Built in 1970

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 0
  • Subdivision Name: Tanyard Court Villas
  • Directions: Main Street to Cherry St
  • Above Grade Finished Sq Ft: 864
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 864
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 5352E804
  • Zoning: RM18
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 392
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 10, 2016
Sold by
Ituarte Federico J
Bought by
Khazzaka Properties Llc
Seller's Agent
Michaela Jarrett
RE/MAX Realty Consultants
Buyer's Agent
Glenda Turner
Triad Properties
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%
Current Estimated Value
$113,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,044
Avg. Annual Appreciation
15.19%

Purchase Details

Closed on
Nov 29, 1995
Bought by
Acf Enterprises Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khazzaka Properties Llc $90,000 None Available
Acf Enterprises Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $30,000 -14.3% $43 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $35,000 -- $50 / 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 $567 $66,400 $8,000 $58,400
2024 $557 $41,000 $6,500 $34,500
2023 $557 $41,000 $6,500 $34,500
2022 $547 $41,000 $6,500 $34,500
2021 $547 $41,000 $6,500 $34,500
2020 $422 $29,100 $6,500 $22,600
2019 $425 $29,100 $6,500 $22,600
2018 $416 $29,100 $6,500 $22,600
2016 $400 $27,681 $6,500 $21,181
2015 $392 $27,681 $6,500 $21,181
2014 $388 $27,681 $6,500 $21,181
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michaela Jarrett

    RE/MAX

    1 in this area

    122 Total Sales

    Michaela Jarrett
    Section Image

  • G

    Buyer's Agent in 2016

    Glenda Turner

    Triad Properties

    44 Total Sales

    Glenda Turner
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 795817

Triad MLS

APN: 6886-03-9451

North Carolina Forsyth County Kernersville 27284 Downtown Kernersville

362 S Cherry St Unit B, Kernersville, NC

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