T
Seller's Agent in 2024
Tara Empson
Premier South
(516) 662-5423
1 in this area
16 Total Sales
702 E Main St Cherryville, NC 28021
Estimated Value: $146,555
3
Beds
2
Baths
2,944
Sq Ft
$50/Sq Ft
Est. Value
Highlights
- Bonus Room
- Covered Patio or Porch
- Living Room
- Home Office
- 4 Car Detached Garage
- More Than Two Accessible Exits
About This Home
As of October 2024Currently taking Backup Offers! CALLING ALL INVESTORS w/ vision who want monthly cash flow! Former funeral home walking distance to thriving downtown Cherryville & city has a shortage of rentals according to Downtown Director! This property has a conditional use for multi-family for up to 6 units due to acreage. 5 Exterior Entrances. Listed as a 3 bedroom due to 6'9" ceiling height upstairs, where you find 3 additional rooms and an additional 1358 sq ft. Since it was previously used as commercial space, there are no full bathrooms-(2) half baths w/ a separate shower stall. Double lot w/ ginormous parking lot, 4 bay garage, w/ plenty of room for potential second build. Rent out garage space to future tenants for vehicles or storage. Add coin laundry for addtl cash flow. Check to see if parking lot can be subdivided so you can sell - the opportunities are endless! 3 cars are negotiable - sell to help w/ renovation budget! Cross-listed in Commercial(MLS 4104640) & Residential(MLS 4106617)
Last Agent to Sell the Property
Premier South Brokerage Email: taraerealtor@gmail.com License #347766 Listed on: 02/09/2024
Co-Listed By
Ambassador Real Estate Consult Brokerage Email: taraerealtor@gmail.com License #301087
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,255
Year Built
- Built in 1942
Lot Details
- Paved or Partially Paved Lot
- Level Lot
- Cleared Lot
Parking
- 4 Car Detached Garage
- Attached Carport
- Parking Lot
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 2,944 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
- Ramp on the main level
Outdoor Features
- Covered Patio or Porch
Schools
- Cherryville Elementary School
- John Chavis Middle School
- Cherryville High School
Listing and Financial Details
- The owner pays for - see remarks
- Assessor Parcel Number 129468
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
Oct 7, 2024
Sold by
Turner Charles A
Bought by
Tanner Valuation Group Llc
Seller's Agent
Tara Empson
Premier South
Buyer's Agent
Michelle Sardo
Premier South
List Price
$342,000
Sold Price
$145,000
Premium/Discount to List
-$197,000
-57.6%
Views
239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,555
Avg. Annual Appreciation
1.01%
Purchase Details
Closed on
Jan 6, 2012
Sold by
Carpenters Acquisition Company Inc
Bought by
Turner Charles A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tanner Valuation Group Llc | $145,000 | None Listed On Document | |
| Turner Charles A | $70,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Turner Charles A | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $145,000 | -35.6% | $49 / Sq Ft |
| 08/28/2024 08/28/24 | Price Changed | $224,999 | -19.4% | $76 / Sq Ft |
| 08/08/2024 08/08/24 | Price Changed | $279,000 | -6.7% | $95 / Sq Ft |
| 06/24/2024 06/24/24 | Price Changed | $299,000 | -7.7% | $102 / Sq Ft |
| 04/19/2024 04/19/24 | Price Changed | $324,000 | -5.3% | $110 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $342,000 | -- | $116 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,255 | $208,960 | $88,860 | $120,100 |
| 2024 | $2,255 | $208,960 | $88,860 | $120,100 |
| 2023 | $2,278 | $208,960 | $88,860 | $120,100 |
| 2022 | $2,044 | $153,720 | $57,800 | $95,920 |
| 2021 | $2,075 | $153,720 | $57,800 | $95,920 |
| 2019 | $1,998 | $153,720 | $57,800 | $95,920 |
| 2018 | $2,018 | $151,693 | $27,291 | $124,402 |
| 2017 | $2,018 | $151,693 | $27,291 | $124,402 |
| 2016 | $2,018 | $151,693 | $0 | $0 |
| 2014 | $1,786 | $134,291 | $59,242 | $75,049 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Empson
-
Jenna Jourdet
Seller Co-Listing Agent in 2024
Jenna Jourdet
Ambassador Real Estate Consult
(704) 675-0450
2 in this area
33 Total Sales
-
Michelle Sardo
Buyer's Agent in 2024
Michelle Sardo
Premier South
(704) 654-8384
1 in this area
15 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4106662
APN: 129468
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