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Cleveland 28073
111 Mary Ann Road
$150,000
● House - Off Market

111 Mary Ann Road

Grover, NC 28073
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,255 Ft²
$737
Est. Monthly

About This Property

Charming full-brick home in Grover, NC on a private ½ acre lot with no HOA! Backing to trees for added privacy, this home features low-maintenance laminate wood flooring throughout and an open-concept layout combining the living, dining, and kitchen areas. The kitchen offers ample cabinet space, laminate countertops, and comes complete with a refrigerator, range, and dishwasher. Down the central hallway, you'll find a spacious primary suite with a full bath and stand-up shower, plus two additional bedrooms and a guest bath. A large laundry room provides access to the back deck-perfect for relaxing or entertaining while overlooking the peaceful backyard. Concrete driveway and quiet setting make this a great place to call home!  Property sold as-is.
Unit Size
1,255 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$120
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4286707)

Price History

Date / Event Date Event Price
Sep 8, 2025 Sold
Premium
Sold
Aug 7, 2025 In contract -
In contract
Jul 30, 2025 Listed by Real Broker, LLC $150,000
Listed by Real Broker, LLC
Nov 16, 2018 No longer available -
No longer available
Nov 8, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,630
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 8
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITE
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • Legal Description 1: #33PB14-44 WHITE ROCK SD

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: RIPPY FIRE DIST
  • Census Tract: 950400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: A147
  • Account Number: 1322130
  • District: 3
  • Parcel: 6294
  • Block: 1
  • Lot: 33
  • Municipality: RIPPY
  • Latitude: 35.2115
  • Longitude: -81.4948

    Address

  • Full Address: 111 Mary Ann Rd
  • Address - House Number: 111
  • Address - Street Name: Mary Ann
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Kings Mountain
  • Zip Code: 28086

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80,109
  • Tax Rate Code Area: 67

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 111,231
  • High Value: 130,008
  • Low Value: 92,453

    Market Valuation

  • Market Total Value: $90,951
  • Market Land Value: $14,420
  • Market Improvement Value: $76,531

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,951
  • Assessed Land Value: $14,420
  • Assessed Improvements Value: $76,531

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200020063
  • Previous Sale Recording Date: Sep 15, 2005
  • Previous Sale Contract Date: Sep 12, 2005
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cleveland

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$170

Below Asking

0.04%

Average Days on Market

78

Average Home Size

1893 ft²

Average Home Age

37.1 years

Currently For Sale

409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Sandy Clayton, Real Broker, LLC
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4286707
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 111 Mary Ann Road built and last sold?
The property at 111 Mary Ann Road was built in 1980 and last sold on Nov 6, 2018 for $91,000.
How much is this home worth?
The estimated value of the home located at 111 Mary Ann Road is $0.
What are some comparable homes to 111 Mary Ann Road?
There are currently no comparable homes to 111 Mary Ann Road.
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