NOT LISTED FOR SALE

418 Cherry St Belmont, NC 28012

Estimated Value: $276,000 - $339,325

3 Beds
2 Baths
1,512 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $311,000 $206 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,893/month

40 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Front Porch
  • South Point High School Rated A-
  • Ranch Style House
  • Walk-In Closet

About This Home

As of May 2022

** Sellers will make a decision on offers at 5pm today 4/6** Completely Remodeled 3 Bedroom Ranch in Belmont! This quaint home sits on a quiet .69 acre level lot surrounded by mature landscaping. Enjoy morning cups of coffee on the rocking chair front porch. Beautiful vinyl plank floors and tons of natural light throughout. Living area features an eye-catching, brick fireplace. Kitchen boasts a center island, butcher block countertops, tile backsplash, and stainless steel appliances. Laundry is located in the utility room which has a sink and access to the backyard. Primary bedroom features his-and-her closets; 1 walk-in closet that leads to the ensuite bath. Primary bathroom with marble look tile floors, standing shower with sliding glass door, and beautiful vanity. The second bathroom has a shower/tub combo and tile floors. Outdoor shed provides extra storage space. Only 1.8 mi from Belmont Abbey College!

Last Agent to Sell the Property

Samara Huntley

EXP Realty LLC License #323827 Listed on: 04/02/2022

EXP Realty LLC

Last Buyer's Agent

Lauren Barker

KB Fisher & Co License #283862

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 218x137x217x142
  • Wooded Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Central Heating

Community Details

  • Catawba Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181902
  • Tax Block II

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1941
  • Ratio Current Price By Acre: 450724.64
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1512
  • 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: Front
  • Appliances: Ceiling Fan(s), Dishwasher, Gas Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1512
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Mt Holly
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 181902
  • Plat Book Slide: 5
  • Plat Reference Section Pages: 12
  • Lot Size: 218x137x217x142
  • Zoning Description: R1

Tax Info

  • Tax Block: II
  • RATIO List Price By Tax Amount: 2.30797

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
Apr 2, 2022
Closed on
May 5, 2022
Sold by
Shivaay Investments Llc
Bought by
Magee Kelly Ann and Bridges Austin Drew
Seller's Agent
Samara Huntley
EXP Realty LLC
Buyer's Agent
Lauren Barker
KB Fisher & Co
List Price
$320,000
Sold Price
$311,000
Premium/Discount to List
-$9,000
-2.81%
Current Estimated Value
$317,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,831
Avg. Annual Appreciation
0.60%
Original Mortgage
$293,550
Outstanding Balance
$278,232
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$39,599

Purchase Details

Closed on
Sep 16, 2021
Sold by
Dimmer Amy and Haburjak David
Bought by
Investcar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2021
Sold by
Investcar Llc
Bought by
Shivaay Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2021
Sold by
Glenn Ervin Neal and Glenn Sunny Hurst
Bought by
Dimmer Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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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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
Magee Kelly Ann $328,000 Jonas Law Firm Pllc
Investcar Llc $185,000 None Available
Shivaay Investments Llc $195,000 None Available
Dimmer Amy $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee Kelly Ann $293,550
Previous Owner Shivaay Investments Llc $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $311,000 -2.8% $206 / Sq Ft
04/02/2022 04/02/22 For Sale $320,000 -- $212 / 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 $2,798 $278,720 $25,000 $253,720
2024 $2,798 $278,720 $25,000 $253,720
2023 $2,829 $278,720 $25,000 $253,720
2022 $1,916 $147,940 $16,500 $131,440
2021 $1,823 $138,650 $16,500 $122,150
2019 $1,837 $138,650 $16,500 $122,150
2018 $1,287 $91,939 $17,388 $74,551
2017 $1,287 $91,939 $17,388 $74,551
2016 $800 $91,939 $0 $0
2014 $670 $76,962 $20,280 $56,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3845216

Canopy MLS (Canopy Realtor® Association)

APN: 181902