tomo logo

$199,000

Beds
3
Baths
1.0
sq ft
925

506 Bond Street, Cherryville, NC 28021

506 Bond Street

Cherryville, NC 28021

  • 34 days on market
This cozy, renovated and updated 3 BDRM, 1 BATH Ranch home is situated on a spacious .27 acre lot near downtown Cherryville. New features and upgrades added in June 2023 include: Steel front door w/ storm door. Interior paint, trim, molding & chair rail. Luxury vinyl plank flooring in main areas w/ new carpet in bedrooms. Ceiling fans. Kitchen countertops, cabinets, sink, appliances + Refrigerator. Laundry room includes Washer/Dryer. Gutters, ductwork & side door replaced (2023). HVAC Gas Pack System (AC & Furnace) replaced in 2018 includes Service Contract w/ Ace Home Services and was last serviced on 02/25/2025. Pest Control contract w/ Horizon includes service every 3 months. Spectrum cable/internet. Close to schools and shopping.

Details

Property type

Single Family Residence

Est. home value

$150,638

Lot size

Unknown

Price per sq ft

$216

Year built

1970

Price History

03/01/2025
CanopyMLS

CanopyMLS #4227006

Listed
$199,000
+65.83%
06/08/2023
CanopyMLS

CanopyMLS #4005375

Sold
$120,000

Schools & Community

Elementary school: 

Cherryville

Middle school: 

John Chavis

High school: 

Cherryville

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$71,413
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$111,667
Cash to seller
$71,413

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Truist Bank

Loan start date

June 2023

Original loan amount

$114,000

Est. remaining balance

$111,667

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Bruce Cunningham

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 9:00 PM

Listing updated: 03/26/2025 at 10:30 AM

Listed by: Don Gomez, C-A-RE Realty Phone #: (704) 565-0689

MLS: CanopyMLS #4227006

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