NOT LISTED FOR SALE

702 Queens Rd Cherryville, NC 28021

Estimated Value: $296,922 - $355,000

3 Beds
2 Baths
2,025 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $184,000 $91 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,912/month

36 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Carpet

About This Home

As of July 2021

Spacious home located in an established and desirable neighborhood close to Cherryville Elementary and uptown. The home features a spacious kitchen, family room, and living room, big bedrooms including a master suite, a large garage with a storage room, and a small cellar area. The home sits on top of an elevated lot that is roughly half an acre, with a backyard that has the potential for a nice veranda. Inside, the home is dated and in need of updates or renovations. The home appears to be in sound structural condition with some deferred maintenance. This is a lot of square feet for the money and it's a great opportunity for a buyer looking for a spacious home to make their own. OFFERS ARE SUBJECT TO COURT APPROVAL 1. The sale shall be made subject to all liens, taxes, and assessments of record 2. The highest bidder shall be required to pay 5% with an accepted offer and close within 30 days thereafter 3. The sale is subject to a 10 day upset bid period. Cash or conventional loan only.

Last Agent to Sell the Property

Vickie Spurling

Vickie Spurling Realty Inc License #164716 Listed on: 04/07/2021

Last Buyer's Agent

Toni Whiteside

Toni Whiteside Real Estate LLC License #254768

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.49

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 131152

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.05143
  • Ratio Close Price By Original Li: 1.05143
  • Ratio Current Price By Acre: 375510.20
  • Ratio Current Price By Sq Ft: 90.86
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2025
  • Total Sq Ft: 2025
  • Sq Ft Unheated Basement: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Garage - 2 Car

Utilities

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

Lot Info

  • Parcel Number: 131152
  • Plat Reference Section Pages: 20-87
  • Zoning Specification: R-15

Tax Info

  • Tax Value: 179980.00
  • Tax Location: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 16, 2021
Sold by
Ruccio William P and Essary Sherry L
Bought by
Thom Derek James
Seller's Agent
Vickie Spurling
Vickie Spurling Realty Inc
Buyer's Agent
Toni Whiteside
Toni Whiteside Real Estate LLC
List Price
$175,000
Sold Price
$184,000
Premium/Discount to List
$9,000
5.14%
Current Estimated Value
$322,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,981
Avg. Annual Appreciation
13.26%
Original Mortgage
$165,600
Outstanding Balance
$150,325
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$172,656

Purchase Details

Closed on
Mar 8, 2017
Sold by
Ruccio William P
Bought by
Ruccio William P and Essary Sherry L

Purchase Details

Closed on
Jul 1, 2011
Sold by
Leatherman Ann T and Leatherman Carl
Bought by
Ruccio William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Ruccio William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,053
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2010
Sold by
Beam Martha T
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thom Derek James $184,000 None Available
Ruccio William P -- None Available
Ruccio William P $35,000 None Available
Ruccio William -- None Available
Federal National Mortgage Association $118,741 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thom Derek James $165,600
Previous Owner Ruccio William P $28,000
Previous Owner Ruccio William $94,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $184,000 +5.1% $91 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $175,000 -- $86 / 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 $2,879 $266,840 $14,000 $252,840
2024 $2,879 $266,840 $14,000 $252,840
2023 $2,909 $266,840 $14,000 $252,840
2022 $2,394 $179,980 $14,000 $165,980
2021 $2,430 $179,980 $14,000 $165,980
2020 $2,430 $179,980 $14,000 $165,980
2019 $2,340 $179,980 $14,000 $165,980
2018 $2,244 $168,732 $18,000 $150,732
2017 $2,244 $168,732 $18,000 $150,732
2016 $2,244 $168,732 $0 $0
2014 $2,123 $159,606 $22,500 $137,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3726307

Canopy MLS (Canopy Realtor® Association)

APN: 131152