NOT LISTED FOR SALE

3985 Cherry Tree Dr Greensboro, NC 27405

Estimated Value: $220,862 - $266,000

3 Beds
2 Baths
1,288 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $147,900 $115 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,418/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Air

About This Home

As of May 2024

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. Take a tour today. We’ll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Rent the Property

Spencer Lindahl

Main Street Renewal, LLC License #275359 Listed on: 05/08/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.28

Parking

  • 1 Car Attached Garage

Interior Spaces

  • Property has 1 Level
  • Laminate Flooring

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Northwest Guilford Middle School
  • Northwest High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,510
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 0127845

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • TRIADMLS_DepositSecurity: 1510

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Directions: Head northeast on US-29 N toward Exit 136 0.2 mi Take exit 136 for Hicone Rd 0.2 mi Turn left onto Hicone Rd 0.5 mi Turn left onto Jason Rd 0.5 mi Turn right onto Cherry Tree Dr Destination will be on the left
  • Unit Levels: One
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Refrigerator
  • Flooring: Laminate
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Reedy Fork
  • High School: Northwest
  • Middle Or Junior School: Northwest Guilford

Lot Info

  • Parcel #: 0127845
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1444
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 10, 2019
Sold by
Gray Nichole A
Bought by
Sunfire 3 Llc
Seller's Agent
Tracey Shrouder
360 Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
Sold Price
$147,900
Current Estimated Value
$247,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,566
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Gray Nichole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bass Velvet C and Bass Dennis K
Bought by
Wells Fargo Bank Minnesota Na

Purchase Details

Closed on
Feb 11, 2003
Sold by
Lytle Gregory C and Lytle Cheryl M
Bought by
Bass Velvet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
8.4%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Luna Alexander Frank and Luna Traci G
Bought by
Lytle Gregory G and Lytle Cheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,713
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Sunfire 3 Llc $148,000 None Available
Gray Nichole A $114,000 --
Mortgage Guaranty Insurance Corp $121,302 --
Wells Fargo Bank Minnesota Na $88,000 --
Bass Velvet C $118,000 --
Lytle Gregory G $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Nichole A $114,000
Previous Owner Bass Velvet C $112,100
Previous Owner Lytle Gregory G $104,713
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Rented $1,510 0.0% --
05/08/2024 05/08/24 For Rent $1,510 -5.3% --
09/11/2023 09/11/23 Rented $1,595 0.0% --
09/04/2023 09/04/23 For Rent $1,595 0.0% --
10/10/2019 10/10/19 Sold $147,900 -- $148 / Sq Ft View Prior Sale
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 $1,503 $168,800 $30,000 $138,800
2024 $1,503 $168,800 $30,000 $138,800
2023 $1,503 $168,800 $30,000 $138,800
2022 $1,444 $168,800 $30,000 $138,800
2021 $1,176 $137,400 $25,000 $112,400
2020 $1,176 $137,400 $25,000 $112,400
2019 $1,020 $119,200 $0 $0
2018 $1,015 $119,200 $0 $0
2017 $1,020 $119,200 $0 $0
2016 $985 $111,300 $0 $0
2015 $991 $111,300 $0 $0
2014 $1,002 $111,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1141878

Triad MLS

APN: 0127845