NOT LISTED FOR SALE

38 Cherry Ln Newton, NC 28658

Estimated Value: $275,721 - $298,000

3 Beds
2 Baths
1,250 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $192,500 $154 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,764/month

111 Days on Market

Highlights

  • Under Construction
  • Cathedral Ceiling
  • Level Lot
  • Open Floorplan
  • Attached Garage

About This Home

As of April 2020

38 Cherry Lane is located on a quiet street and convenient to shopping, schools, restaurants, Hwy 321 and 16. Large back deck would be a perfect spot for cookouts and an even bigger back yard is perfect for bonfires and football! The living room, breakfast nook and kitchen are all open and will have beautiful laminate wood flooring throughout. Enjoy coffee and sunrises on the east facing front porch! Large master bedroom has a walk in closet and a private bath. Attention to detail is evident to this builder. Building materials are top notch and quality workmanship is apparent through out the entire property! You will be proud to own this home!

Last Agent to Sell the Property

April Hewitt

Keller Williams Advantage License #295005 Listed on: 10/24/2019

Keller Williams Advantage

Last Buyer's Agent

Jessica Hemmings

Fonta Flora Realty License #310971

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Laminate Flooring
  • Crawl Space

Community Details

  • Built by F&L Construction

Listing and Financial Details

  • Assessor Parcel Number 373019710497

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.01852
  • Ratio Close Price By Original Li: 1.01852
  • Ratio Current Price By Acre: 469512.20
  • Ratio Current Price By Sq Ft: 154.00
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Flooring: Laminate Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1250
  • Total Sq Ft: 1250

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: South Newton
  • Middle School: Newton Conover
  • High School: Newton Conover

Lot Info

  • Lot Features: Level, Paved Frontage
  • Lot Size Area: 0.410
  • Parcel Number: 373019710497
  • Plat Book Slide: 4/116
  • Zoning Specification: R-20

Building Info

  • Builder Name: F&L Construction

Tax Info

  • Tax Value: 10000.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Mar 30, 2020
Sold by
Lingerfelt Karen Fields and Lingerfelt James Alen
Bought by
Hall Karen G
Seller's Agent
April Hewitt
Keller Williams Advantage
Buyer's Agent
Jessica Hemmings
Fonta Flora Realty
List Price
$189,000
Sold Price
$192,500
Premium/Discount to List
$3,500
1.85%
Current Estimated Value
$291,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,680
Avg. Annual Appreciation
8.17%
Original Mortgage
$185,752
Outstanding Balance
$166,326
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$127,822

Purchase Details

Closed on
Aug 16, 2019
Sold by
Setzer A G and Setzer Michelle
Bought by
F & L Construction And Remodeling
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
Hall Karen G $192,500 None Available
F & L Construction And Remodeling $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Karen G $185,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $192,500 +1.9% $154 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $189,000 -- $151 / 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 $2,120 $249,800 $10,000 $239,800
2024 $2,120 $249,800 $10,000 $239,800
2023 $2,120 $249,800 $10,000 $239,800
2022 $1,701 $152,600 $10,000 $142,600
2021 $1,701 $152,600 $10,000 $142,600
2020 $910 $81,600 $10,000 $71,600
2019 $112 $10,000 $0 $0
2018 $112 $10,000 $10,000 $0
2017 $186 $0 $0 $0
2016 $866 $0 $0 $0
2015 $774 $77,700 $10,300 $67,400
2014 $774 $76,600 $11,500 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3561106

Canopy MLS (Canopy Realtor® Association)

APN: 3730197104970000