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3516 Cherry Lane

3516 Cherry Lane, Greensboro, NC 27405
Property in Rankin Area
Sold Nov 29, 2017
$109,000
$92,650 by Equity Resources Inc
Mortgage Due Dec 01, 2047
Local assessors in Greensboro, NC have categorized 3516 Cherry Lane as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 2,220 ft and the front of the lot was measured at 900 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3516 Cherry Lane has a total of 1,464 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 286 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. The property was last sold in Nov 29, 2017 for $109,000. That's $74.45 per sqft. 3516 Cherry Lane was last assessed in 2023. The total value of the property was assessed at $133,800. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $98,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,824. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1964
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 98 SMITH BK2156-560 3516 COUNTRY

Ownership

  • Current Owner : RAI HARKA BAHADUR
  • Current Owner 2: RAI PHUL MAYA
  • Previous Owner : TATE TIMOTHY EDWARD
  • Previous Owner 2: THE FAMILY TRUST OF DOUGLAS ED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 011905

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MAP 7876350971
  • District: 00
  • Parcel: 0045270
  • Block: 100
  • Lot: 98
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.1267
  • Longitude: -79.7685

    Address

  • Full Address: 3516 Cherry Ln
  • Address - House Number: 3516
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C010
  • 4-Digit Zip Code: 3726
  • Zip Code: 27405

Valuation

    Tax

  • Total Area: 1,546
  • Tax Year: 2023
  • Tax Amount: $1,824

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 64
  • Final Value: 214,928
  • High Value: 268,447
  • Low Value: 161,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,650
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2017
  • First Open Lien Mortgage Loan Amount: $92,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $133,800
  • Market Land Value: $35,000
  • Market Improvement Value: $98,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,800
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $98,800

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Transaction ID: 11357106950
  • Current Sale Price: $109,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017067034

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Nov 29, 2017
  • First Mortgage Loan Amount: $92,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

About Rankin Area



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Frequently Asked Questions

What neighborhood is 3516 Cherry Lane located in?
The 3516 Cherry Lane is a located in the neighborhood of Rankin Area in Rankin Area, Greensboro.
What is the average sales price for listings in 3516 Cherry Lane?
The average sales price for units in 3516 Cherry Lane is $0 currently.

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