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507 Cherrywood Ln

Albemarle, NC 28001

3 bd 3 ba 1,718 sqft Built 1992 Lot 20,000 sqft single_family
Most recent sale
$165,000
Nov 21, 2007

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 10, 2022 Price changed $299,000 MLS #3869203
Aug 16, 2022 Price changed $308,000 MLS #3869203
Jul 10, 2022 Price changed $314,999 MLS #3869203
Jun 24, 2022 Price changed $320,000 MLS #3869203
Jun 17, 2022 Price changed $324,999 MLS #3869203
Jun 10, 2022 Listed $330,000 MLS #3869203
Nov 21, 2007 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,489 $33,300 $293,789 $3,290
2023 $163,522 $16,983 $180,505 $2,202
2022 $163,522 $16,983 $180,505 $2,202
2021 $163,522 $16,983 $180,505 $2,202
2020 $129,350 $14,985 $144,335 $1,872
2019 $129,350 $14,985 $144,335 $1,891
2018 $129,350 $14,985 $144,335 $1,872
2017 $129,350 $14,985 $144,335 $1,819
2016 $121,814 $13,320 $135,134 $1,703
2015 $121,814 $13,320 $135,134 $1,686
2014 $121,814 $13,320 $135,134 $1,703
2013 $121,814 $13,320 $135,134 $1,662
2012 $117,569 $11,988 $129,557 $1,594
2011 $117,569 $11,988 $129,557 $1,594
2010 $117,569 $11,988 $129,557 $1,594
2009 $117,569 $11,988 $129,557 $1,594
2008 $117,569 $11,988 $129,557 $1,594
2007 $112,575 $11,988 $124,563 $1,532

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,718 sqft
Lot size
20,000 sqft
ZIP code
28001
City
Albemarle
Street
Cherrywood Ln
Coordinates
35.33998, -80.15857

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 507 Cherrywood Ln last sell?
507 Cherrywood Ln most recently sold on Nov 21, 2007 for $165,000.
What is the current tax assessment for 507 Cherrywood Ln?
The most recent total assessment for 507 Cherrywood Ln (year 2025) is $293,789 with $3,290 in property tax.
How does 507 Cherrywood Ln's assessment compare to its last sale price?
The current assessment is 78.1% above the last sale price of $165,000.
When was 507 Cherrywood Ln built?
507 Cherrywood Ln was built in 1992.
How does 507 Cherrywood Ln compare to others on Cherrywood Ln?
We track 7 other properties on Cherrywood Ln. Browse the list under "Other properties on Cherrywood Ln" to compare beds, baths, and sale history.
What are the property facts for 507 Cherrywood Ln?
507 Cherrywood Ln is a 3 bed, 3 bath, 1,718 sqft, 20,000 sqft lot single_family.
Is 507 Cherrywood Ln a flip candidate?
No — 507 Cherrywood Ln does not appear in our flips dataset.
Is 507 Cherrywood Ln a tax-appeal candidate?
No — 507 Cherrywood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$380.5K
2026 Q4
$392.7K
ZIP 28001 — Median Price History + Forecast

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