NOT LISTED FOR SALE

42 Cherry Ln Newton, NC 28658

Estimated Value: $256,000 - $325,000

3 Beds
2.5 Baths
1,888 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $224,900 $119 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,728/month

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Contemporary Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2021

A fantastic find. Home is close to everything yet secluded on a quiet, dead-end street. Deceiving amount of square footage. Double garage, side carport, and outbuilding (power disconnect but wiring in place). Fenced back yard.

Last Agent to Sell the Property

David Spurrier

David Realty LLC Brokerage Email: david@davidspurrier.net License #73527 Listed on: 07/29/2021

Last Buyer's Agent

David Spurrier

David Realty LLC Brokerage Email: david@davidspurrier.net License #73527 Listed on: 07/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 90x175x92x156
  • Fenced
  • Sloped Lot
  • Property is zoned R-9

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Basement Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Propane Fireplace
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • South Newton Elementary School
  • Newton Conover Middle School
  • Newton Conover High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3730197103960000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1990
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: NA
  • Proposed Special Assessment Desc: NA
  • Second Living Quarters: None
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 119.12
  • Bedroom Lower: 0
  • Attribution Contact: david@davidspurrier.net
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Pantry, Split Bedroom, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 384
  • Main Level Sq Ft: 384
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 384
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 384
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 680
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1448
  • Has Basement: Basement, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 440
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Propane
  • Living Area: 1888
  • Bedroom Main: 0
  • Room Count: 8
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 400
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Carport, Attached Garage, Garage Door Opener

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Lower Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Newton Conover
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 3730197103960000
  • Zoning: R-9
  • Development Status: Completed
  • Lot Size Acres: 0.34
  • Lot Size: 90x175x92x156
  • Lot Size Sq Ft: 14810
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-9

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: South Newton
  • High School: Newton Conover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 21, 2021
Sold by
Corbyn Spurrier John and Bowman Emily
Bought by
Hampton Joey Lee and Lazo Sarah
Seller's Agent
David Spurrier
David Realty LLC
Buyer's Agent
David Spurrier
David Realty LLC
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$295,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,271
Avg. Annual Appreciation
7.91%
Original Mortgage
$227,171
Outstanding Balance
$207,159
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,975

Purchase Details

Listed on
Jul 24, 2017
Closed on
Oct 6, 2017
Sold by
Deaton James Vernon and Deaton Sarah
Bought by
Spurrier John Corbyn and Spurrier Emily Bowman
Seller's Agent
John Cline
Southern Homes of the Carolinas, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$164,900
Sold Price
$153,000
Premium/Discount to List
-$11,900
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$153,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Federal National Mortgage Association
Bought by
Deaton James Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,920
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2011
Sold by
Goudelock Michael Jason and Goudelock April H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 29, 2007
Sold by
Sigmon Deborah H and Sigmon Keith D
Bought by
Goudelock Michael J and Goudelock April H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Hampton Joey Lee $225,000 None Listed On Document
Spurrier John Corbyn $153,000 None Available
Deaton James Vernon -- None Available
Federal National Mortgage Association $159,193 None Available
Goudelock Michael J $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Joey Lee $227,171
Previous Owner Spurrier John Corbyn $153,000
Previous Owner Deaton James Vernon $115,920
Previous Owner Goudelock Michael J $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $224,900 0.0% $119 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $224,900 +47.0% $119 / Sq Ft
10/06/2017 10/06/17 Sold $153,000 -7.2% $83 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $164,900 -- $89 / 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 $2,035 $239,800 $8,400 $231,400
2024 $2,035 $239,800 $8,400 $231,400
2023 $2,035 $141,900 $8,400 $133,500
2022 $1,582 $141,900 $8,400 $133,500
2021 $1,582 $141,900 $8,400 $133,500
2020 $1,582 $141,900 $8,400 $133,500
2019 $1,582 $141,900 $0 $0
2018 $1,315 $117,900 $8,600 $109,300
2017 $1,315 $0 $0 $0
2016 $1,315 $0 $0 $0
2015 $1,213 $117,850 $8,600 $109,250
2014 $1,213 $120,100 $9,400 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3764429

Canopy MLS (Canopy Realtor® Association)

APN: 3730197103960000