NOT LISTED FOR SALE

501 Cherry St Selma, NC 27576

Estimated Value: $388,000 - $446,417

4 Beds
3 Baths
3,004 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $430,000 $143 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,616/month

21 Days on Market

Highlights

  • Two Primary Bedrooms
  • Fireplace in Bathroom
  • Traditional Architecture
  • Open Floorplan
  • Deck
  • Corner Lot

About This Home

As of November 2024

You don't want to miss the charm of this completely renovated 1950's ranch on a beautiful, large lot in downtown Selma. Minutes from the new shopping center and a quick access to HWY 70 makes this a super convenient location. The house has been updated with new windows and doors, new interior paint and LVP flooring throughout, new kitchen cabinets, countertops and appliances. The master bathroom has been redone to include a ceramic tile walk in shower, soaking tub and a designer dual vanity. The home's roof was replaced in 2022. This 3,000 square foot ranch boasts 4 large bedrooms with an abundance of natural light, 3 renovated full baths, walk-in pantry, large closets and a large laundry/mud room off of the pass-through two car garage. The curb-appeal of this corner lot with mature trees is framed beautifully by the massive original bay window on the front of the home and formal living room. Schedule your showing today! The listing agent is the owner of the property. Permits were pulled for the renovation work completed.

Last Agent to Sell the Property

Sydney Smith

HomeTowne Realty License #282879 Listed on: 09/23/2024

HomeTowne Realty

Last Buyer's Agent

Alex Lawrence

Dogwood Properties License #281333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.72 Acre Lot
  • Corner Lot
  • Landscaped with Trees
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Drive Through
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Block Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 3,004 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Stone Fireplace
  • Fireplace Features Masonry
  • Bay Window
  • Aluminum Window Frames
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Fireplace in Bathroom
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Location

  • Suburban Location

Schools

  • Selma Elementary And Middle School
  • Smithfield Selma High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-0-12-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3004.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Architectural Style Traditional: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Other Structures Workshop: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • Utilities Water Available: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 3004.0
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Security Features Fire Alarm: Yes
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Available: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Back Yard: Yes
  • Laundry Features Inside: Yes
  • Roof Architectural Shingle: Yes
  • Common Walls No Common Walls: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Fencing Gate: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 31363.2
  • Fencing Chain Link: Yes
  • General Property Information Lot Size Acres: 0.72
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 3004.0
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Crown Molding, Double Vanity, Granite Counters, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Second Primary Bedroom, Separate Shower, Smooth Ceilings, Soaking Tub
  • Spa Features: None
  • Private Spa: No
  • Appliances: Built-In Electric Range, Dishwasher, Microwave, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Bath, Dining Room, Family Room, Masonry, Raised Hearth, Stone, Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Stone3: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Crown Molding: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Suburban: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Built-In Electric Range: Yes
  • Fireplace Features:Dining Room: Yes
  • Fireplace Features:Raised Hearth: Yes
  • Fireplace Features:Bath: Yes

Exterior Features

  • Roof: Architectural Shingle, Shingle
  • Exterior Features: Fenced Yard
  • Fencing: Back Yard, Chain Link, Fenced, Gate
  • Acres: 0.72
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Brick Veneer
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Door Features:French Doors: Yes
  • Door Features:Sliding Doors: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Closets: Yes
  • Lot Features:City Lot: Yes
  • Window Features:Bay Window(s): Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Concrete, Drive Through, Driveway, Garage, Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 5.0
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 5.0
  • Parking Features:Drive Through: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Suburban
  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Johnston - Smithfield Selma
  • Middle Or Junior School: Johnston - Selma

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 31363.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-0-12-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2403.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Johnston - Selma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Nov 14, 2024
Sold by
Acacia Properties By Sydney Smith Llc
Bought by
Walters Andrew Hunter and Walters Caroline Upchurch
Seller's Agent
Sydney Smith
HomeTowne Realty
Buyer's Agent
Alex Lawrence
Dogwood Properties
List Price
$430,000
Sold Price
$430,000
Views
47
Current Estimated Value
$425,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,896
Avg. Annual Appreciation
-1.02%
Original Mortgage
$408,500
Outstanding Balance
$404,433
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$20,671

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 30, 2023
Sold by
Mondelli Jennifer Lynn and Mondelli Jacob Anthony
Bought by
Acacia Properties By Sydney Smith Llc
Seller's Agent
Beverly Knight
HomeTowne Realty Clayton East
Buyer's Agent
Sydney Smith
HomeTowne Realty
Sold Price
$220,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.99%
Original Mortgage
$273,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2020
Sold by
Strom Jennifer Peedin and Peedin Jennifer L
Bought by
Mondelli Jacob and Mondelli Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,757
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Strom Kevin Alan
Bought by
Strom Jennifer Peedin

Purchase Details

Closed on
Jul 3, 2014
Sold by
Wood J Franklin and Sue Wood Estate
Bought by
Peedin Jennifer L and Strom Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walters Andrew Hunter $430,000 None Listed On Document
Walters Andrew Hunter $430,000 None Listed On Document
Acacia Properties By Sydney Smith Llc $250,000 None Listed On Document
Mondelli Jacob $184,000 None Available
Strom Jennifer Peedin -- None Available
Peedin Jennifer L $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Andrew Hunter $408,500
Closed Walters Andrew Hunter $408,500
Previous Owner Acacia Properties By Sydney Smith Llc $273,500
Previous Owner Mondelli Jacob $185,757
Previous Owner Peedin Jennifer L $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $430,000 0.0% $143 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $430,000 +95.5% $143 / Sq Ft
12/18/2023 12/18/23 Off Market $220,000 -- --
11/30/2023 11/30/23 Sold $220,000 -- $73 / Sq Ft View Prior Sale
10/25/2023 10/25/23 Pending -- -- --
Source: Doorify 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 $4,745 $423,690 $50,000 $373,690
2024 $2,366 $186,280 $50,000 $136,280
2023 $2,403 $186,280 $50,000 $136,280
2022 $2,478 $186,280 $50,000 $136,280
2021 $2,440 $186,280 $50,000 $136,280
2020 $2,478 $186,280 $50,000 $136,280
2019 $2,422 $186,280 $50,000 $136,280
2018 $2,353 $178,280 $39,780 $138,500
2017 $2,300 $178,280 $39,780 $138,500
2016 $2,300 $178,280 $39,780 $138,500
2015 $2,300 $178,280 $39,780 $138,500
2014 $2,300 $178,280 $39,780 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10054262

Doorify MLS

APN: 14012007