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4076 Cherry Grove Rd

Cerro Gordo, NC 28430

3 bd 1 ba 1,520 sqft Built 1925 Lot 47,916 sqft single_family
Most recent sale
$40,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $40,000 MLS #100341445
Sep 6, 2022 Price changed $60,000 MLS #100341445
Sep 3, 2022 Price changed $64,000 MLS #100341445
Aug 31, 2022 Price changed $64,500 MLS #100341445
Aug 20, 2022 Price changed $78,000 MLS #100341445
Aug 15, 2022 Price changed $79,000 MLS #100341445
Aug 4, 2022 Price changed $99,000 MLS #100341445
Jul 31, 2022 Price changed $105,000 MLS #100341445
Jul 28, 2022 Listed $115,000 MLS #100341445

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,200 $78,200 $629
2023 $78,200 $78,200 $255
2022 $78,200 $78,200 $255
2021 $78,200 $78,200 $255
2020 $74,800 $74,800 $255
2019 $74,800 $74,800 $255
2018 $74,800 $74,800 $255
2017 $100 $85,000 $85,100 $1,250
2016 $40,700 $94,400 $135,100 $1,458
2015 $40,700 $94,400 $135,100 $1,468
2014 $137,600 $1,539
2013 $137,600 $1,587
2012 $149,900 $1,725
2010 $80,600 $1,351
2009 $80,600 $1,346

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,520 sqft
Lot size
47,916 sqft
ZIP code
28430
City
Cerro Gordo
Street
Cherry Grove Rd
Coordinates
34.27244, -78.94952

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4076 Cherry Grove Rd last sell?
4076 Cherry Grove Rd most recently sold on Oct 12, 2022 for $40,000.
What is the current tax assessment for 4076 Cherry Grove Rd?
The most recent total assessment for 4076 Cherry Grove Rd (year 2025) is $78,200 with $629 in property tax.
How does 4076 Cherry Grove Rd's assessment compare to its last sale price?
The current assessment is 95.5% above the last sale price of $40,000.
When was 4076 Cherry Grove Rd built?
4076 Cherry Grove Rd was built in 1925.
How does 4076 Cherry Grove Rd compare to others on Cherry Grove Rd?
We track 8 other properties on Cherry Grove Rd. Browse the list under "Other properties on Cherry Grove Rd" to compare beds, baths, and sale history.
What are the property facts for 4076 Cherry Grove Rd?
4076 Cherry Grove Rd is a 3 bed, 1 bath, 1,520 sqft, 47,916 sqft lot single_family.
Is 4076 Cherry Grove Rd a flip candidate?
No — 4076 Cherry Grove Rd does not appear in our flips dataset.
Is 4076 Cherry Grove Rd a tax-appeal candidate?
Yes — 4076 Cherry Grove Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$181K
2026 Q4
$186.5K
ZIP 28430 — Median Price History + Forecast

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