NOT LISTED FOR SALE

403 Cherry St Belmont, NC 28012

Estimated Value: $273,000 - $323,000

3 Beds
2 Baths
1,582 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $270,000 $171 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,780/month

81 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry Room
  • Shed
  • South Point High School Rated A-
  • Bungalow
  • Ceiling Fan

About This Home

As of November 2022

Nice bungalow that is larger than it looks with large master bedroom and walk in closets. Master bedroom and utility lead to covered back porch. Fenced in dog pen in back yard. All appliances stay (including older washer and dryer.

Last Agent to Sell the Property

Thomas Harte

Century 21 Murphy & Rudolph License #97703 Listed on: 08/15/2022

Century 21 Murphy & Rudolph

Last Buyer's Agent

Kiki Treffeisen

Keller Williams Ballantyne Area License #237124

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • Zoning described as R1

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,582 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • Catawba Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 183936

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1944
  • Ratio Current Price By Acre: 771428.57
  • Restrictions: None
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 170.67
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Vinyl
  • Interior Amenities: Split Bedroom, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 18
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1582
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1582
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Belmont
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 3

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 183936
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.84551

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 10, 2022
Sold by
Bacon Julian Vincent and Bacon Rachel Dorothy
Bought by
Armstrong Kelsey Correll
Seller's Agent
Thomas Harte
Century 21 Murphy & Rudolph
Buyer's Agent
Kiki Treffeisen
Keller Williams Ballantyne Area
List Price
$320,000
Sold Price
$270,000
Premium/Discount to List
-$50,000
-15.62%
Views
204
Current Estimated Value
$299,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,576
Avg. Annual Appreciation
3.28%
Original Mortgage
$243,000
Outstanding Balance
$232,023
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$67,553

Purchase Details

Listed on
Oct 25, 2018
Closed on
Dec 27, 2018
Sold by
Chittamath Julie Ann and Chittamath Tanou
Bought by
Bacon Julian Vincent and Bacon Rachel Dorothy
Seller's Agent
Faith Wood
Howard Hanna Allen Tate Gastonia
Buyer's Agent
Thomas Harte
Century 21 Murphy & Rudolph
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$156,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chittamath Julie Ann and Chittamath Tanou

Purchase Details

Closed on
Oct 25, 2010
Sold by
Arrowood Adam J and Fortenberry Amber J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 14, 2008
Sold by
Beam Kim and Beam Richard T
Bought by
Arrowood Adam J and Fortenberry Amber J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Novastar Mortgage Inc
Bought by
Beam Kim and Avery Lisa

Purchase Details

Closed on
Jan 11, 2008
Sold by
Tench Michael W and Tench Vivian
Bought by
Beam Kim and Avery Lisa

Purchase Details

Closed on
Oct 8, 2007
Sold by
Richardson Kenneth W and Richardson Barbara C
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Apr 1, 2005
Sold by
Houk Cathy Reynolds and Byers David
Bought by
Richardson Kenneth W and Richardson Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
9.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2000
Sold by
Grimes Phyllis Waters and Grimes Kenneth Lee
Bought by
Houk Cathy Reynolds

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,240
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Armstrong Kelsey Correll $270,000 --
Bacon Julian Vincent $165,000 None Available
Chittamath Julie Ann -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corp $90,000 None Available
Arrowood Adam J $125,000 None Available
Beam Kim $55,000 None Available
Beam Kim -- None Available
Novastar Mortgage Inc $73,844 None Available
Richardson Kenneth W $109,000 First American Title Ins Co
Houk Cathy Reynolds $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Kelsey Correll $243,000
Previous Owner Bacon Julian Vincent $156,750
Previous Owner Arrowood Adam J $124,900
Previous Owner Richardson Kenneth W $98,100
Previous Owner Houk Cathy Reynolds $71,240
Closed Richardson Kenneth W $5,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $270,000 -1.8% $171 / Sq Ft
09/08/2022 09/08/22 Price Changed $275,000 -6.8% $174 / Sq Ft
08/27/2022 08/27/22 Price Changed $295,000 -7.8% $186 / Sq Ft
08/15/2022 08/15/22 For Sale $320,000 0.0% $202 / Sq Ft
07/23/2021 07/23/21 Rented $1,400 0.0% --
06/12/2021 06/12/21 For Rent $1,400 0.0% --
12/27/2018 12/27/18 Sold $165,000 -2.4% $97 / Sq Ft View Prior Sale
11/24/2018 11/24/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $169,000 -5.6% $99 / Sq Ft
10/25/2018 10/25/18 For Sale $179,000 -- $105 / 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 $2,749 $273,790 $25,000 $248,790
2024 $2,749 $273,790 $25,000 $248,790
2023 $2,779 $273,790 $25,000 $248,790
2022 $1,930 $149,010 $16,500 $132,510
2021 $1,959 $149,010 $16,500 $132,510
2020 $1,959 $149,010 $16,500 $132,510
2019 $1,974 $149,010 $16,500 $132,510
2018 $1,234 $88,160 $14,400 $73,760
2017 $1,234 $88,160 $14,400 $73,760
2016 $767 $88,160 $0 $0
2014 $586 $67,309 $13,500 $53,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3894897

Canopy MLS (Canopy Realtor® Association)

APN: 183936