NOT LISTED FOR SALE

571 Cherry Lane Rd Glade Valley, NC 28627

Estimated Value: $453,214 - $538,000

4 Beds
2 Baths
2,500 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $457,000 $183 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,817/month

33 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • 1 Fireplace
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2024

Restored farmhouse with additional log cabin attached. Stone fireplace in the kitchen. Vaulted ceiling in the cabin with sleeping loft. Listing includes 14+ acres to be surveyed/ Close to access into Stone Mountain State Park and minutes away from the Blue Ridge Parkway. Enjoy summer breezes at night and snow in the winter months.
Beautiful land.

Last Agent to Sell the Property

Stephen Lowe

Lowe and Son Land Company License #186980 Listed on: 04/02/2024

Lowe and Son Land Company

Last Buyer's Agent

Greg Miller

Alleghany High Country Realty License #278392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1897

Lot Details

  • 14 Acre Lot
  • Dog Run
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned 28627

Parking

  • 1 Car Detached Garage
  • Carport
  • Gravel Driveway

Home Design

  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Dishwasher
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Alleghany County High School

Utilities

  • Forced Air Heating System
  • No Heating
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Balcony
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05870
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 1897

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 14
  • Subdivision Name: None
  • Directions: From Sparta travel about 7 miles turn right on Cherry Lane round big curve house and property on the left..Wooden fence around front yard.
  • Above Grade Finished Sq Ft: 2300
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1897
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Partially Cleared, Partially Wooded
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Stone, Wood
  • Interior Amenities: Built-in Features, Vaulted Ceiling(s)
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Unfinished, Basement, Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Kitchen
  • Fireplaces: 1
  • Living Area: 2300
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Balcony, Dog Run
  • Lot Features: Horses Allowed, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Log, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Gravel, See Remarks, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Security: Smoke Detector(s)
  • Cooling: None
  • Heating: Forced Air, Oil
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Glade Creek
  • High School: Alleghany County

Lot Info

  • Parcel #: 05870
  • Zoning: 28627
  • TRIADMLS_PricePerAcre: 32642.8571
  • TRIADMLS_DeedPage: 0301
  • TRIADMLS_DeedBook: 0410
  • TRIADMLS_AcresRange: 13 - 15

Tax Info

  • Tax Annual Amount: 1671.41
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 25, 2024
Sold by
Lowe Mary A and Lowe Stephen D
Bought by
Collins Michael E and Collins Kimberlee L
Seller's Agent
Stephen Lowe
Lowe and Son Land Company
Buyer's Agent
Greg Miller
Alleghany High Country Realty
List Price
$477,000
Sold Price
$457,000
Premium/Discount to List
-$20,000
-4.19%
Views
93
Current Estimated Value
$492,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,304
Avg. Annual Appreciation
6.04%
Original Mortgage
$365,600
Outstanding Balance
$361,580
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$128,187

Purchase Details

Listed on
May 26, 2020
Closed on
Aug 9, 2020
Sold by
Heckman Robert Harper and Heckman Kimberly
Bought by
Lowe Stephen D and Lowe Merry A
Seller's Agent
Lesia Cockerham
Keller Williams Elite Blue Ridge
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$267,000
Sold Price
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$213,600
Interest Rate
3%
Mortgage Type
New Conventional
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
Collins Michael E $457,000 None Listed On Document
Lowe Stephen D $267,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Michael E $365,600
Previous Owner Lowe Stephen D $213,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $457,000 -4.2% $229 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/05/2024 05/05/24 Price Changed $477,000 +30.0% $239 / Sq Ft
04/14/2024 04/14/24 Price Changed $367,000 -23.1% $184 / Sq Ft
04/02/2024 04/02/24 For Sale $477,000 +78.7% $239 / Sq Ft
08/12/2020 08/12/20 Sold $267,000 0.0% $103 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $267,000 -- $103 / Sq Ft
Source: Triad 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 $1,675 $247,600 $127,200 $120,400
2024 $1,675 $247,600 $127,200 $120,400
2023 $1,675 $247,600 $127,200 $120,400
2022 $1,675 $247,600 $127,200 $120,400
2021 $1,642 $247,600 $127,200 $120,400
2020 $1,636 $246,700 $98,200 $148,500
2019 $1,571 $246,700 $98,200 $148,500
2018 $1,426 $246,700 $98,200 $148,500
2017 $1,299 $246,700 $98,200 $148,500
2016 $1,334 $246,700 $98,200 $148,500
2015 $1,308 $246,700 $98,200 $148,500
2014 $1,249 $253,000 $128,200 $124,800
2013 -- $253,000 $128,200 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1137256

Triad MLS

APN: 4908444860