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505 Cherryville Road

505 Cherryville Road, Shelby, NC 28150
House in Cleveland
Sold Nov 16, 2018
$102,500
$105,882 by Broker Solutions Inc
Mortgage Due Dec 01, 2048
505 Cherryville Road has been categorized by the local assessors in Shelby, NC as a residential type of property. The building on the property was first built in 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 2001. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 Cherryville Road has 1,412 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,970 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 19,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. The exterior walls of the building are made of brick. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heat pump. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 505 Cherryville Road was last sold in Nov 12, 2018 for $102,500. According to our calculations, that's $72.59 per sqft. Current property owners are expected to pay $1,629 in taxes per year. The property on 505 Cherryville Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $133,140. To break that down further, the land itself was valued at $13,320. While improvements to the property were assessed at a total of $119,820. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 19,700
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.452
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT CHERRYVILLE RD

Ownership

  • Current Owner : JOHNSON RAY JEFFREY
  • Current Owner 2: RAY SHEILA
  • Previous Owner : NEWTON MARKS JEANNIE RENEE NEWTON
  • Previous Owner 2: NEWTON WYLIE ANDREA NICOLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: CITY OF SHELBY
  • Census Tract: 950800

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 6-36
  • Account Number: 1322232
  • District: 6
  • Parcel: 24989
  • Block: 6
  • Lot: 14
  • Municipality: SHELBY
  • Latitude: 35.3051
  • Longitude: -81.5036

    Address

  • Full Address: 505 Cherryville Rd
  • Address - House Number: 505
  • Address - Street Name: Cherryville
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Shelby
  • Carrier Code: R007
  • 4-Digit Zip Code: 3622
  • Zip Code: 28150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,629
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 182,530
  • High Value: 203,884
  • Low Value: 161,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,882
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2018
  • First Open Lien Mortgage Loan Amount: $105,882
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $133,140
  • Market Land Value: $13,320
  • Market Improvement Value: $119,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,140
  • Assessed Land Value: $13,320
  • Assessed Improvements Value: $119,820

    Sales

  • Current Sale Contract Date: Nov 12, 2018
  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Transaction ID: 11534651775
  • Current Sale Price: $102,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200020325

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Nov 16, 2018
  • First Mortgage Loan Amount: $105,882
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 Cherryville Road located in?
The 505 Cherryville Road is a house located in the neighborhood of Cleveland in Shelby, Shelby.
What is the average sales price for listings in 505 Cherryville Road?
The average sales price for units in 505 Cherryville Road is $0 currently.

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