NOT LISTED FOR SALE

706 E Cherry St Salisbury, NC 28144

Estimated Value: $120,000 - $196,000

3 Beds
1 Bath
927 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $115,000 $124 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $942/month

12 Days on Market

About This Home

As of February 2021

VACANT! Beautifully updated 3 bedroom home in great location in Salisbury close to shops and restaurants. Beautiful luxury vinyl plank flooring and carpet throughout. Kitchen has been fully updated new cabinets, quartz countertops and stainless steel appliances! Spacious bedrooms wand fully updated bathroom! Take a tour today!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage LLC License #308020 Listed on: 12/29/2020

Last Buyer's Agent

Brittan Walker

Costello Real Estate and Investments LLC License #255843

Costello Real Estate and Investments LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 018049

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00087
  • Ratio Close Price By Original Li: 1.00087
  • Ratio Current Price By Acre: 766666.67
  • Ratio Current Price By Sq Ft: 124.06
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave
  • Room Count: 1
  • Main Level Sq Ft: 927
  • Total Sq Ft: 927

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Utilities

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

Lot Info

  • Parcel Number: 018049
  • Zoning Specification: RES

Tax Info

  • Tax Value: 59774.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 18, 2021
Sold by
Offerpad Llc
Bought by
Stone Destiny and King Daniel
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Brittan Walker
Costello Real Estate and Investments LLC
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%
Current Estimated Value
$164,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,189
Avg. Annual Appreciation
7.57%
Original Mortgage
$117,000
Outstanding Balance
$107,413
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$56,776

Purchase Details

Closed on
Nov 17, 2020
Sold by
Ford Octavins L and Ford Toni Louise
Bought by
Offerpad Llc

Purchase Details

Closed on
Sep 19, 2005
Sold by
Ford John Robert and Ford Zachary L
Bought by
Mcdaniel Judy F and Ford Tammy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,900
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
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
Stone Destiny $115,000 Titlevest
Offerpad Llc $65,000 First American Title Ins Co
Mcdaniel Judy F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Destiny $117,000
Previous Owner Mcdaniel Judy F $30,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $115,000 +0.1% $124 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $114,900 -0.1% $124 / Sq Ft
01/07/2021 01/07/21 Off Market $115,000 -- --
12/30/2020 12/30/20 Pending -- -- --
12/29/2020 12/29/20 For Sale $114,900 -- $124 / 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 $1,012 $84,656 $13,455 $71,201
2024 $1,012 $84,656 $13,455 $71,201
2023 $1,012 $84,656 $13,455 $71,201
2022 $823 $59,774 $10,238 $49,536
2021 $823 $59,774 $10,238 $49,536
2020 $823 $59,774 $10,238 $49,536
2019 $823 $59,774 $10,238 $49,536
2018 $667 $49,122 $10,237 $38,885
2017 $664 $49,122 $10,237 $38,885
2016 $646 $49,122 $10,237 $38,885
2015 $650 $49,122 $10,237 $38,885
2014 $667 $51,033 $10,237 $40,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3693933

Canopy MLS (Canopy Realtor® Association)

APN: 018-049