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506 Cherokee Drive

506 Cherokee Drive, Jacksonville, NC 28540
Property in Onslow
Sold Apr 24, 2014
$162,000
Sold Jan 25, 2005
$67,000
$65,964 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2035
506 Cherokee Drive has been categorized by the local assessors in Jacksonville, NC as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1979. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 506 Cherokee Drive has 1,050 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 1,470 ft and across the front of the lot is 810 ft. The area measurement of the land has been determined as 11,905 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of asbestos shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 506 Cherokee Drive was last sold in Apr 22, 2014 for $162,000. According to our calculations, that's $154.29 per sqft. Prior to that sales transaction, the property was sold for $67,000 in Jan 19, 2005. Current property owners are expected to pay $1,640 in taxes per year. The property on 506 Cherokee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $130,693. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $90,693. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,905
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHWOODS 2 MAP #5
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L2 S2 BI NORTHWOODS

Ownership

  • Current Owner : ELSBERRY BRANDON M
  • Current Owner 2: ELSBERRY KRISTI L
  • Previous Owner : A SYDES CONSTRUCTION INC
  • Owner Before Previous Owner: PADGETT PHILIP T
  • Owner Before Previous Owner 2: PAGDETT CINDY M
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Onslow County Schools
  • School Tax School District: JACKSONVILLE
  • School Tax District Code 2: JACKSONVILLE
  • Census Tract: 001400

Zoning

  • Zoning: RSF-7

Geography

  • Assessors Map Reference: MB 05 085
  • Account Number: 475676000
  • District: 1020
  • Section: 301
  • Parcel: 025312
  • Municipality: JACKSONVILLE
  • Latitude: 34.766
  • Longitude: -77.4358

    Address

  • Full Address: 506 Cherokee Dr
  • Address - House Number: 506
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Jacksonville
  • Carrier Code: C013
  • 4-Digit Zip Code: 6711
  • Zip Code: 28540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,640
  • Tax Rate Code Area: 1020

    Appraisal Valuation

  • Standard Deviation: 0.141
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 181,343
  • High Value: 206,929
  • Low Value: 155,757

    Market Valuation

  • Market Total Value: $130,693
  • Market Land Value: $40,000
  • Market Improvement Value: $90,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,693
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $90,693

    Sales

  • Current Sale Contract Date: Apr 22, 2014
  • Current Sale Recording Date: Apr 24, 2014
  • Current Sale Transaction ID: 1029292545
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 25, 2005
  • Previous Sale Contract Date: Jan 19, 2005
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: Apr 24, 2014
  • First Mortgage Loan Amount: $165,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 25, 2005
  • Previous Mortgage Loan Amount: $65,964
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Jacksonville



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Frequently Asked Questions

What neighborhood is 506 Cherokee Drive located in?
The 506 Cherokee Drive is a located in the neighborhood of Onslow in Jacksonville, Jacksonville.
What is the average sales price for listings in 506 Cherokee Drive?
The average sales price for units in 506 Cherokee Drive is $0 currently.

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