NOT LISTED FOR SALE

5639 Cherrycrest Ln Charlotte, NC 28217

Montclaire South Neighborhood

Estimated Value: $428,865 - $501,000

3 Beds
2 Baths
1,738 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $300,000 $173 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,728/month

5 Days on Market

Highlights

  • Den with Fireplace
  • Traditional Architecture
  • Breakfast Bar
  • Myers Park High Rated A
  • Wood Flooring
  • Shed

About This Home

As of December 2020

This updated ranch is in the hot location of Montclaire South. Hardwood floors just refinshed, kitchen and baths have been updated. Freshly painted inside and out ! 3 bedrooms , large master, and an extra room for an office, craft room or playroom. Water heater replaced last yr. all new ductwork in crawl space, new windows.
Less than a mile to I-77 and the light rail. Huge covered deck , wired shop.
Follow all CDC guidelines, wear mask, use gloves or wipes, and remove shoes. Floors just refinished.

Last Agent to Sell the Property

Dianne McKnight

RE/MAX Executive License #185739 Listed on: 11/06/2020

RE/MAX Executive

Last Buyer's Agent

Trinh Forstner

Mackey Realty LLC License #255858

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.39

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Wood Burning Fireplace
  • Den with Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Lot Dimensions are 92x191x188x92

Listing and Financial Details

  • Assessor Parcel Number 169-173-06

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.39 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00033
  • Ratio Close Price By Original Li: 1.00033
  • Ratio Current Price By Acre: 769230.77
  • Ratio Current Price By Sq Ft: 172.61
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Ice Maker Connection
  • Fireplace Description: Den, Wood Burning
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1738
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Brick Full, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 92x191x188x92
  • Parcel Number: 169-173-06
  • Zoning Specification: R5

Tax Info

  • Tax Value: 197300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 11, 2020
Sold by
Marquez Rosa Nelly Beltran and Portillo Jose Naftali
Bought by
Kimball Chanel Anne
Seller's Agent
Dianne McKnight
RE/MAX Executive
Buyer's Agent
Trinh Forstner
Mackey Realty LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$474,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,966
Avg. Annual Appreciation
9.11%
Original Mortgage
$285,000
Outstanding Balance
$254,187
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$220,779

Purchase Details

Closed on
May 27, 2016
Sold by
Palacios Freddy and Palacios Gloria M
Bought by
Beltran Rosa Nelly Marquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Bank Of America Na
Bought by
Palacios Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2003
Sold by
Martin Jimmie E
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 14, 2000
Sold by
Fairway Equities Llc
Bought by
Martin Jimmie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,736
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1999
Sold by
Crates Michael B and Crates Kristi P
Bought by
Fairway Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,511
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
Harris Jerry V and Harris Jo D
Bought by
Crates Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,511
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
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
Kimball Chanel Anne $300,000 None Available
Beltran Rosa Nelly Marquez $122,000 None Available
Palacios Freddy $115,000 None Available
Bank Of America Na $116,457 --
Martin Jimmie E $120,000 --
Fairway Equities Llc -- --
Crates Michael B $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimball Chanel Anne $285,000
Previous Owner Beltran Rosa Nelly Marquez $116,800
Previous Owner Palacios Freddy $92,000
Previous Owner Martin Jimmie E $97,736
Previous Owner Crates Michael B $69,511
Closed Martin Jimmie E $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $300,000 0.0% $173 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $299,900 -- $173 / 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 $3,088 $387,600 $85,000 $302,600
2024 $3,088 $387,600 $85,000 $302,600
2023 $2,982 $387,600 $85,000 $302,600
2022 $2,429 $238,700 $47,500 $191,200
2021 $2,418 $238,700 $47,500 $191,200
2020 $2,083 $197,300 $47,500 $149,800
2019 $1,996 $197,300 $47,500 $149,800
2018 $1,917 $140,500 $22,000 $118,500
2017 $1,882 $140,500 $22,000 $118,500
2016 $1,872 $140,500 $22,000 $118,500
2015 $1,861 $140,500 $22,000 $118,500
2014 $1,867 $140,500 $22,000 $118,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dianne McKnight

    RE/MAX Executives Charlotte, NC

    Section Image
  • Trinh Forstner

    Buyer's Agent in 2020

    Trinh Forstner

    Mackey Realty LLC

    (704) 941-9310

    4 in this area

    83 Total Sales

    Trinh Forstner
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3680100

Canopy MLS (Canopy Realtor® Association)

APN: 169-173-06

North Carolina Mecklenburg County Charlotte 28217 Montclaire South

5639 Cherrycrest Ln, Charlotte, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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