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203 East 1st Street

203 East 1st Street, Cherryville, NC 28021
Property in Gaston
Sold Apr 03, 2020
$105,000
$105,000 by Goprime Mortgage Inc
Mortgage Due May 01, 2050
Sold Mar 15, 2018
$39,000
203 East 1st Street in Cherryville, NC was first built in 1938 and is 86 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 203 East 1st Street has 1,008 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Apr 2, 2020 for $105,000. That's $104.17 per sqft. Prior to that sales transaction, the property was also sold in Mar 15, 2018 for $39,000. 203 East 1st Street was last assessed in 2023. The total value of the property was assessed at $113,360. Specifically, the land the property is located on was valued at $12,600. While improvements on the property were assessed at a total of $100,760. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,236. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 06 005 077 00 000

Ownership

  • Current Owner : FUNKHOUSER PAUL
  • Current Owner 2: FUNKHOUSER CAROLE
  • Previous Owner : FAULK WILLIAM B
  • Previous Owner 2: FAULK SUMMER S
  • Owner Before Previous Owner: STALVEY GEORGE RONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: CHERRYVILLE CIT
  • Census Tract: 030601

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 6 MAP 5
  • District: CHERRYVILLE
  • Parcel: 129654
  • Municipality: CHERRYVILLE CITY
  • Latitude: 35.3806
  • Longitude: -81.3788

    Address

  • Full Address: 203 E 1st St
  • Address - House Number: 203
  • Street Direction: E
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NC
  • City Name: Cherryville
  • Carrier Code: C003
  • 4-Digit Zip Code: 2921
  • Zip Code: 28021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,236

    Appraisal Valuation

  • Standard Deviation: 0.2633
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 62
  • Final Value: 163,495
  • High Value: 206,552
  • Low Value: 120,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: GOPRIME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 03, 2020
  • First Open Lien Mortgage Loan Amount: $105,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $60,820
  • Market Land Value: $8,100
  • Market Improvement Value: $52,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,360
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $100,760

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Transaction ID: 11755761469
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 15, 2018
  • Previous Sale Contract Date: Mar 15, 2018
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOPRIME MORTGAGE INC
  • First Mortgage Transaction Date: Apr 03, 2020
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

About Cherryville



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Nearby Rentals

Unit for rent at 603 Edna Graves Way, Cherryville, NC, 28021

$1,590 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,318 ft²
603 Edna Graves Way #B, Cherryville, NC, 28021 Listing by Christie Oakley

Frequently Asked Questions

What neighborhood is 203 East 1st Street located in?
The 203 East 1st Street is a located in the neighborhood of Gaston in Cherryville, Cherryville.
What is the average sales price for listings in 203 East 1st Street?
The average sales price for units in 203 East 1st Street is $0 currently.

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