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418 Cherry St

Belmont, NC 28012

3 bd 2 ba 1,512 sqft Built 1941 Lot 30,056 sqft single_family
Most recent sale
$311,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $311,000 MLS #3845216
Apr 2, 2022 Listed $320,000 MLS #3845216
Sep 21, 2021 Sold $185,000 Public Record
Aug 30, 2021 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $253,720 $25,000 $278,720 $2,798
2024 $253,720 $25,000 $278,720 $2,798
2023 $253,720 $25,000 $278,720 $2,829
2022 $131,440 $16,500 $147,940 $1,915
2021 $122,150 $16,500 $138,650 $1,823
2020 $122,150 $16,500 $138,650 $1,823
2019 $122,150 $16,500 $138,650 $1,837
2018 $74,551 $17,388 $91,939 $1,287
2017 $74,551 $17,388 $91,939 $1,287
2016 $74,551 $17,388 $91,939 $799
2015 $74,551 $17,388 $91,939 $799
2014 $56,682 $20,280 $76,962 $669
2013 $56,682 $20,280 $76,962 $669
2012 $56,682 $20,280 $76,962 $642
2010 $56,682 $20,280 $76,962 $642
2009 $56,682 $20,280 $76,962 $642
2008 $56,682 $20,280 $76,962 $642
2007 $56,682 $20,280 $76,962 $646

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
30,056 sqft
ZIP code
28012
City
Belmont
Street
Cherry St
Coordinates
35.27835, -81.03491

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,041
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value

Frequently asked questions

When did 418 Cherry St last sell?
418 Cherry St most recently sold on May 12, 2022 for $311,000.
What is the current tax assessment for 418 Cherry St?
The most recent total assessment for 418 Cherry St (year 2025) is $278,720 with $2,798 in property tax.
How does 418 Cherry St's assessment compare to its last sale price?
The current assessment is 10.4% below the last sale price of $311,000.
When was 418 Cherry St built?
418 Cherry St was built in 1941.
How does 418 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 418 Cherry St?
418 Cherry St is a 3 bed, 2 bath, 1,512 sqft, 30,056 sqft lot single_family.
Is 418 Cherry St a flip candidate?
Yes — 418 Cherry St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 418 Cherry St a tax-appeal candidate?
No — 418 Cherry St 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
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$568.6K
2026 Q4
$577.1K
ZIP 28012 — Median Price History + Forecast

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