NOT LISTED FOR SALE

407 Cherry St Belmont, NC 28012

Estimated Value: $166,000 - $202,720

2 Beds
1 Bath
1,200 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 15, 2025

Last sale price $165,000 $138 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,063/month

10 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Forced Air Heating and Cooling System
  • South Point High School Rated A-

About This Home

As of July 2025

Investor Special in Prime Belmont Location!

This diamond in the rough is full of potential and perfectly situated just minutes from Belmont Abbey College and I-85, offering easy access to Charlotte and surrounding areas. 2 bedroom 1 bathroom featuring a office / extra room. Featuring some updates in previous years the windows, roof, and HVAC system, the big-ticket items are already taken care of—now it just needs your vision and finishing touches. With some TLC, this property could become a great rental, flip, or long-term hold in a rapidly growing area. Don’t miss this chance to invest in Belmont at a great value!

Last Agent to Sell the Property

Breanna Bingham

Nestlewood Realty, LLC Brokerage Email: breanna@nestlewoodrealty.com License #351495 Listed on: 06/07/2025

Last Buyer's Agent

Ashlee Marsh

Keller Williams Connected License #349622

Keller Williams Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.44

Home Design

  • Ranch Style House

Interior Spaces

  • 1,200 Sq Ft Home
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Catawba Heights Elementary School
  • Mount Holly Middle School
  • South Point High School

Additional Features

  • Property is zoned R1
  • Forced Air Heating and Cooling System

Community Details

  • Catawba Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181815

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1900
  • Road Surface Type: Other
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 137.50
  • Geocode Confidence: High
  • Attribution Contact: breanna@nestlewoodrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1200
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Refrigerator
  • Above Grade Finished Sq Ft: 1200
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1200
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Shingle/Shake

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Mount Holly
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 181815
  • Zoning: R
  • Additional Parcels: No
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Catawba Heights
  • High School: South Point (NC)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Jul 15, 2025
Sold by
Abernethy Joshua M and Abernethy Brandi Taylor
Bought by
Maroz Viktar and Moroz Viktoriia
Seller's Agent
Breanna Bingham
Nestlewood Realty, LLC
Buyer's Agent
Ashlee Marsh
Keller Williams Connected
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%
Views
59
Current Estimated Value
$178,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,680
Avg. Annual Appreciation
22.03%
Original Mortgage
$148,500
Outstanding Balance
$148,251
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$30,430

Purchase Details

Closed on
Jun 5, 2018
Sold by
Pickelsimer Carolyn Burch and Pickelsimer Douglas E
Bought by
Abernethy Joshua M and Abernethy Brandi Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,660
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maroz Viktar $165,000 Cth Title Llc
Abernethy Joshua M $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maroz Viktar $148,500
Previous Owner Abernethy Joshua M $75,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold $165,000 -17.5% $138 / Sq Ft
06/07/2025 06/07/25 Price Changed $199,999 -4.8% $167 / Sq Ft
06/07/2025 06/07/25 For Sale $210,000 -- $175 / 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 $1,517 $151,050 $25,000 $126,050
2024 $1,517 $151,050 $25,000 $126,050
2023 $1,533 $151,050 $25,000 $126,050
2022 $1,280 $98,850 $16,500 $82,350
2021 $1,300 $98,850 $16,500 $82,350
2019 $1,310 $98,850 $16,500 $82,350
2018 $1,068 $76,315 $14,400 $61,915
2017 $480 $76,315 $14,400 $61,915
2016 $279 $76,315 $0 $0
2014 $209 $59,604 $13,500 $46,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4265641

Canopy MLS (Canopy Realtor® Association)

APN: 181815