NOT LISTED FOR SALE

41 Cherry Ln Newton, NC 28658

Estimated Value: $196,000 - $237,862

3 Beds
1 Bath
1,296 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $160,000 $123 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,353/month

2 Days on Market

About This Home

As of June 2021

Brick Ranch Home, w/Basement, with 3 BR's & 1 Bath, Living Room, Den, Kitchen and Sun Room. Bathroom in Basement and outside entrance to the backyard. Approximately 1.41 +/- of an acre. Detached Double Garage. Located close to Downtown Newton & Area Businesses!! All data obtained from Seller, Tax Data & Inspections, Subject to verification of all data by buyer(s) & buyer's agent!

Last Agent to Sell the Property

Robert Deal

NC Realty & Appraisal, Inc. License #118527 Listed on: 04/26/2021

Last Buyer's Agent

Mark Rottenberg

Allen Tate Mooresville/Lake Norman License #281543

Allen Tate Mooresville/Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 1.41

Parking

  • 2

Home Design

  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 373019712271

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.07455
  • Ratio Close Price By Original Li: 1.07455
  • Ratio Current Price By Acre: 113475.18
  • Ratio Current Price By Sq Ft: 123.46
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Block, Brick, Concrete
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Refrigerator
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Basement, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1296
  • Total Sq Ft: 1296
  • Sq Ft Unheated Basement: 1008
  • Sq Ft Unheated Total: 1008

Exterior Features

  • Construction: Brick Partial, Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Electric Baseboard Heat, 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 Dimension: See GIS
  • Lot Size Area: 1.410
  • Parcel Number: 373019712271
  • Plat Book Slide: 4/116
  • Plat Reference Section Pages: 4/116
  • Zoning Specification: R-9

Tax Info

  • Tax Value: 111300.00
  • Tax Location: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 29, 2021
Sold by
Deal Mark S and Deal Rita Hoke
Bought by
West Steven S
Seller's Agent
Robert Deal
NC Realty & Appraisal, Inc.
Buyer's Agent
Mark Rottenberg
Allen Tate Mooresville/Lake Norman
List Price
$148,900
Sold Price
$160,000
Premium/Discount to List
$11,100
7.45%
Total Days on Market
2
Current Estimated Value
$219,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,216
Avg. Annual Appreciation
10.93%
Original Mortgage
$155,200
Outstanding Balance
$147,321
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$93,922

Purchase Details

Closed on
Jan 4, 2016
Sold by
Deal Wilma S
Bought by
Deal Mark and Deal Flynn Lori
Source: Public Records

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Range of Values:

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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
West Steven S $160,000 None Available
Deal Mark -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Steven S $155,200
Closed West Steven S $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $160,000 +7.5% $123 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $148,900 -- $115 / 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
2024 $1,521 $179,300 $16,400 $162,900
2023 $1,521 $179,300 $16,400 $162,900
2022 $1,241 $111,300 $16,400 $94,900
2021 $1,241 $111,300 $16,400 $94,900
2020 $1,241 $111,300 $16,400 $94,900
2019 $1,241 $111,300 $0 $0
2018 $0 $102,100 $16,600 $85,500
2017 $1,138 $0 $0 $0
2016 $1,138 $0 $0 $0
2015 -- $102,080 $16,600 $85,480
2014 -- $122,800 $19,300 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3732968

Canopy MLS (Canopy Realtor® Association)

APN: 3730197122710000