NOT LISTED FOR SALE

901 E 1st St Cherryville, NC 28021

Estimated Value: $151,144

5 Beds
3 Baths
3,200 Sq Ft
$47/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $87,118 $27 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $945/month

165 Days on Market

About This Home

As of November 2019

Large building used for multi-family, prior use was multi-family and office, zoned Residential/Office, 1 unit is currently occupied, other unit has been vacant long term, the building needs some work but per sq ft, this is a lot of space for the money, Please do not disturb tenants, HVAC units are older and seller has not used in recent months

Last Agent to Sell the Property

Vickie Spurling

Vickie Spurling Realty Inc License #164716 Listed on: 03/18/2019

Last Buyer's Agent

Tami Neely

Neely Realty and Investments License #226503

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.53

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Tile
  • Vinyl

Additional Features

  • 3 Full Bathrooms
  • Private Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 218452

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.79925
  • Ratio Close Price By Original Li: 0.79925
  • Ratio Current Price By Acre: 164375.00
  • Ratio Current Price By Sq Ft: 27.22
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fixture Exception Description: items belonging to tenants
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 3200

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 140x170
  • Lot Features: Private
  • Parcel Number: 218452
  • Plat Book Slide: 077/074
  • Zoning Specification: RO

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 157730.00
  • Tax Location: Cherryville

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Oct 15, 2019
Sold by
Black Augustus M and Black Anne W
Bought by
St Luke Properties Llc
Seller's Agent
Vickie Spurling
Vickie Spurling Realty Inc
Buyer's Agent
Tami Neely
Neely Realty and Investments
List Price
$109,000
Sold Price
$87,119
Premium/Discount to List
-$21,881
-20.07%
Current Estimated Value
$151,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,025
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Corclee Llc
Bought by
Black Ruby D

Purchase Details

Closed on
Jan 4, 2010
Sold by
Black Ruby D
Bought by
Corclee Llc

Purchase Details

Closed on
Dec 14, 2009
Sold by
Black Ruby D
Bought by
Corclee Llc

Purchase Details

Closed on
Sep 21, 2009
Sold by
Black Ruby D
Bought by
Black Ruby D
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
St Luke Properties Llc $87,500 None Available
Black Ruby D -- None Available
Corclee Llc -- None Available
Corclee Llc -- None Available
Black Ruby D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $87,119 -20.1% $27 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $109,000 -- $34 / 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 $1,947 $180,400 $97,030 $83,370
2024 $1,947 $180,400 $97,030 $83,370
2023 $1,966 $180,400 $97,030 $83,370
2022 $1,458 $109,600 $77,620 $31,980
2021 $1,460 $109,600 $77,620 $31,980
2019 $1,331 $102,410 $76,190 $26,220
2018 $2,024 $152,146 $69,258 $82,888
2017 $2,024 $152,146 $69,258 $82,888
2016 $2,024 $152,146 $0 $0
2014 $2,120 $159,426 $19,125 $140,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3486195

Canopy MLS (Canopy Realtor® Association)

APN: 218452