NOT LISTED FOR SALE

502 Park Dr Cherryville, NC 28021

Estimated Value: $270,000 - $319,000

3 Beds
2 Baths
2,300 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $110,000 $48 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,756/month

3 Days on Market

About This Home

As of September 2017

Brick Ranch in Cherryville. Fireplace with Gas Logs. Office with Private entrance. Bonus Room upstairs. Oaks Entertaiment Sytem remains. Full length rear covered deck with ceiling fans. Fenced back and side yard. Gas heat.

Last Agent to Sell the Property

Dean Carpenter

Dean Carpenters Real Estate Inc. License #37352 Listed on: 08/23/2017

Last Buyer's Agent

David Spurrier

David Realty LLC License #73527

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.32

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 129138

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04762
  • Ratio Close Price By Original Li: 1.04762
  • Ratio Current Price By Acre: 343750.00
  • Ratio Current Price By Sq Ft: 47.83
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 594
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s)
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1706
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 113X128X108X121perGIS
  • Parcel Number: 129138
  • Zoning Specification: R1A

Tax Info

  • Tax Value: 66368.00
  • Tax Location: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 29, 2017
Sold by
Ross Jr Cleveland M and Ross Melanie C
Bought by
Hastings Christian B
Seller's Agent
Dean Carpenter
Dean Carpenters Real Estate Inc.
Buyer's Agent
David Spurrier
David Realty LLC
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Current Estimated Value
$295,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,083
Avg. Annual Appreciation
12.90%
Original Mortgage
$108,007
Outstanding Balance
$91,237
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$203,846

Purchase Details

Closed on
Mar 11, 2004
Sold by
Whitworth Jack L and Whitworth Linda Q
Bought by
Ross Jr Cleveland M and Childers Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,720
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Hastings Christian B $110,000 None Available
Ross Jr Cleveland M $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Christian B $108,007
Closed Hastings Christian B $3,350
Previous Owner Ross Jr Cleveland M $78,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $110,000 +4.8% $48 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $105,000 -- $46 / 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 $2,443 $226,390 $10,500 $215,890
2024 $2,443 $226,390 $10,500 $215,890
2023 $2,468 $226,390 $10,500 $215,890
2022 $1,558 $117,160 $9,000 $108,160
2021 $1,582 $117,160 $9,000 $108,160
2019 $1,523 $117,160 $9,000 $108,160
2018 $899 $67,575 $9,600 $57,975
2017 $883 $67,575 $9,600 $57,975
2016 $883 $66,368 $0 $0
2014 $920 $69,173 $13,500 $55,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3313880

Canopy MLS (Canopy Realtor® Association)

APN: 129138