NOT LISTED FOR SALE

934 Cherry St Statesville, NC 28677

Estimated Value: $72,000 - $162,850

3 Beds
1 Bath
1,620 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $62,500 $39 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $710/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Front Porch
  • Wood Siding
  • Cul-De-Sac

About This Home

As of November 2023

"Incredible Investor Opportunity!

This spacious 1600+ sq. ft. home boasts a brand-new roof and a blank canvas just waiting for your creative touch. With a 95% gutting already done, it's ready for transformation into a stunning new residence. Sold AS IS, this property presents a fantastic financial opportunity at this price point. Don't miss out – seize the chance to profit from this real estate gem!

Last Agent to Sell the Property

Rick Carney

NextHome World Class Brokerage Email: RNCarney@gmail.com License #313815 Listed on: 10/20/2023

NextHome World Class

Co-Listed By

Glayden Carney

NextHome World Class Brokerage Email: RNCarney@gmail.com License #328940

Last Buyer's Agent

Chris Crawley

Keller Williams Ballantyne Area License #339982

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1928

Lot Details

  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned R5MF

Home Design

  • Colonial Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Front Porch

Listing and Financial Details

  • Assessor Parcel Number 4734-54-7694.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1928
  • Restrictions: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 38.58
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: RNCarney@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Other - See Remarks
  • Interior Amenities: None
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1620
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1620
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1620
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl, Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, On Street

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: N/A
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 4734-54-7694.000
  • Zoning: R5MF
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5MF

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 16, 2023
Sold by
Heels Properties Llc
Bought by
Launch Spinner Trust
Seller's Agent
Rick Carney
NextHome World Class
Buyer's Agent
Chris Crawley
Keller Williams Ballantyne Area
List Price
$97,500
Sold Price
$62,500
Premium/Discount to List
-$35,000
-35.9%
Views
34
Current Estimated Value
$117,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,783
Avg. Annual Appreciation
38.33%

Purchase Details

Closed on
Mar 29, 2023
Sold by
Lippard Grady E
Bought by
Heels Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Lamb Rhea G and Lamb William M
Bought by
Lippard Grady E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.85%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Comer David L and Comer Janice L
Bought by
Lippard Grady E and Lippard Rhea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.22%

Purchase Details

Closed on
May 1, 1997

Purchase Details

Closed on
May 1, 1993
Source: Public Records

Range of Values:

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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
Launch Spinner Trust $62,500 None Listed On Document
Heels Properties Llc $25,000 --
Lippard Grady E -- --
Lippard Grady E $41,000 --
-- -- --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heels Properties Llc $100,000
Previous Owner Lippard Grady E $34,000
Previous Owner Lippard Grady E $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $62,500 -35.9% $39 / Sq Ft
10/20/2023 10/20/23 For Sale $97,500 -- $60 / 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
2024 $1,149 $79,590 $20,000 $59,590
2023 $870 $79,590 $20,000 $59,590
2022 $678 $51,400 $12,000 $39,400
2021 $734 $51,400 $12,000 $39,400
2020 $734 $51,400 $12,000 $39,400
2019 $729 $51,400 $12,000 $39,400
2018 $638 $46,210 $7,500 $38,710
2017 $628 $46,210 $7,500 $38,710
2016 $628 $46,210 $7,500 $38,710
2015 $485 $46,210 $7,500 $38,710
2014 $505 $50,640 $7,500 $43,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4080835

Canopy MLS (Canopy Realtor® Association)

APN: 4734-54-7694.000