NOT LISTED FOR SALE

416 S Cherry St Kernersville, NC 27284

Downtown Kernersville Neighborhood

Estimated Value: $119,516 - $339,000

0.99 Acre
$231,574 Price per Acre
43,124 Sq Ft Lot

Last Sold July 07, 2015

Last sale price $54,000

Est. 345% increase in value since last sale

Current estimated payment $1,322/month

1,549 Days on Market

About This Lot

As of July 2015

REDUCED!! Great location for small apartment complex. Have preliminary plan.

Last Agent to Sell the Property

John Thompson

Thompson & Slaughter Appraisal Services, Inc. License #204458 Listed on: 01/18/2011

Last Buyer's Agent

John Thompson

Thompson & Slaughter Appraisal Services, Inc. License #204458 Listed on: 01/18/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,106

Lot Details

  • 0.99 Acre Lot
  • Property is zoned RM-18

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 019B / 5352
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$1,106

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Lot Size Acres: 0.99
  • Directions: Bus I-40E to S Main Exit in Kernersville, Lt S Main, Lt Cherry St, Land on left
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: No Fencing

Utilities

  • Electric: Duke Power

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RM-18
  • TRIADMLS_AcresRange: 0 - 101

Tax Info

  • Tax Annual Amount: 1106.18
  • Tax Block: 5352
  • Tax Lot: 019B
  • Tax Map Number: 678862
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.2443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2011
Closed on
Jul 3, 2015
Sold by
Ciener Gregroy M and Ciener Jane T
Bought by
Walraven Bernard F and Reaves Kerry
Seller's Agent
John Thompson
Thompson & Slaughter Appraisal Services, Inc.
Buyer's Agent
John Thompson
Thompson & Slaughter Appraisal Services, Inc.
List Price
$129,900
Sold Price
$54,000
Premium/Discount to List
-$75,900
-58.43%
Current Estimated Value
$240,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,389
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Mar 18, 2008
Sold by
Roberts Ronnie J and Roberts Bobbie S
Bought by
Ciener Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,900
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2008
Sold by
Mcduffie Dale O and Mcduffie Janese E
Bought by
Roberts Ronnie J and Roberts Bobbie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,900
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Walraven Bernard F $54,000 None Available
Ciener Gregory M $120,000 None Available
Roberts Ronnie J $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Ronnie J $106,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2015 07/07/15 Sold $54,000 -58.4% --
04/17/2015 04/17/15 Pending -- -- --
01/18/2011 01/18/11 For Sale $129,900 -- --
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 $763 $72,500 $72,500 --
2024 $750 $52,400 $52,400 --
2023 $750 $52,400 $52,400 --
2022 $648 $52,400 $52,400 $0
2021 $648 $52,400 $52,400 $0
2020 $688 $52,400 $52,400 $0
2019 $694 $52,400 $52,400 $0
2018 $678 $52,400 $52,400 $0
2016 $1,088 $83,609 $83,609 $0
2015 $1,132 $88,850 $88,850 $0
2014 -- $88,850 $88,850 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Thompson

    Thompson & Slaughter Appraisal Services, Inc.

    (336) 345-3679

    5 Total Sales

    John Thompson
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Map

Source: Triad MLS

MLS Number: 601417

Triad MLS

APN: 6886-03-8031

North Carolina Forsyth County Kernersville 27284 Downtown Kernersville

416 S Cherry St, Kernersville, NC

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