NOT LISTED FOR SALE

502 Old Post Rd Cherryville, NC 28021

Estimated Value: $224,121 - $288,000

3 Beds
2 Baths
1,128 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $185,000 $164 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,449/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-Story Property

About This Home

As of August 2021

This Cherryville home has one story. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 07/23/2021

Last Buyer's Agent

Holly Zammiello

Lake Norman Realty, Inc. License #282103

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.79

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet

Listing and Financial Details

  • Assessor Parcel Number 130446

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0.79 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 234177.22
  • Ratio Current Price By Sq Ft: 164.01
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range
  • Fireplace Description: Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1128
  • Total Sq Ft: 1128

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Parking: Carport - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Parcel Number: 130446
  • Zoning Specification: R1

Tax Info

  • Tax Value: 122560.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 30, 2021
Sold by
Opendoor Property J Llc
Bought by
Malagese Mark C and Malagese Shelley J
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Holly Zammiello
Lake Norman Realty, Inc.
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$248,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,530
Avg. Annual Appreciation
6.84%
Original Mortgage
$186,868
Outstanding Balance
$170,036
Interest Rate
2.8%
Mortgage Type
USDA
Estimated Equity
$78,494

Purchase Details

Closed on
Jun 23, 2021
Sold by
Whited James and Whited Rita
Bought by
Opendeor Property J Llc

Purchase Details

Closed on
Aug 22, 1995
Bought by
Brooks James C and Brooks Claudia S
Source: Public Records

Range of Values:

--
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
Malagese Mark C $185,000 Chicago Title Insurance Co
Opendeor Property J Llc $174,000 Chicago Title Insurance Co
Opendoor Property J Llc $174,000 Chicago Title
Brooks James C $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malagese Mark C $186,868
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $185,000 0.0% $164 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $185,000 -- $164 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,023 $187,500 $14,770 $172,730
2024 $2,023 $187,500 $14,770 $172,730
2023 $2,044 $187,500 $14,770 $172,730
2022 $1,630 $122,560 $13,430 $109,130
2021 $1,655 $122,560 $13,430 $109,130
2020 $1,655 $122,560 $13,430 $109,130
2019 $1,593 $122,560 $13,430 $109,130
2018 $1,314 $98,765 $12,000 $86,765
2017 $1,314 $98,765 $12,000 $86,765
2016 $1,314 $98,765 $0 $0
2014 $1,353 $101,709 $18,000 $83,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3765669

Canopy MLS (Canopy Realtor® Association)

APN: 130446

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