507 Elm St
Cherryville, NC 28021
3 bd 2 ba 2,079 sqft Built 1920 Lot 14,810 sqft single_family
Most recent sale
$270,000
Jan 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 25, 2025 | Price changed | $300,000 | CanopyMLS |
| Oct 10, 2025 | Listed | $315,000 | CanopyMLS |
| Aug 13, 2024 | Listed | $315,000 | CanopyMLS |
| Jan 31, 2022 | Sold | $270,000 | MLS #3809047 |
| Dec 12, 2021 | Price changed | $319,000 | MLS #3809047 |
| Nov 28, 2021 | Listed | $339,000 | MLS #3809047 |
| Aug 9, 2021 | Sold | $72,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $330,010 | $14,000 | $344,010 | $3,711 |
| 2024 | $330,010 | $14,000 | $344,010 | $3,711 |
| 2023 | $330,010 | $14,000 | $344,010 | $3,749 |
| 2022 | $189,560 | $9,000 | $198,560 | $2,640 |
| 2021 | $159,700 | $9,000 | $168,700 | $2,277 |
| 2020 | $159,700 | $9,000 | $168,700 | $1,613 |
| 2019 | $159,700 | $9,000 | $168,700 | $1,554 |
| 2018 | $111,540 | $6,000 | $117,540 | $1,036 |
| 2017 | $111,540 | $6,000 | $117,540 | $1,037 |
| 2016 | $111,540 | $6,000 | $117,540 | $1,563 |
| 2015 | $111,540 | $6,000 | $117,540 | $1,563 |
| 2014 | $115,727 | $9,000 | $124,727 | $1,659 |
| 2013 | $115,727 | $9,000 | $124,727 | $1,659 |
| 2012 | $115,727 | $9,000 | $124,727 | $1,615 |
| 2010 | $115,727 | $9,000 | $124,727 | $1,615 |
| 2009 | $115,727 | $9,000 | $124,727 | $1,590 |
| 2008 | $115,727 | $9,000 | $124,727 | $1,590 |
| 2007 | $115,727 | $9,000 | $124,727 | $1,596 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,079 sqft
Lot size
14,810 sqft
ZIP code
28021
City
Cherryville
Street
Elm St
Coordinates
35.38306, -81.38438
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,807
Gross rental yield
12.48%
Implied cap rate
8.11%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Elm St last sell?
507 Elm St most recently sold on Jan 31, 2022 for $270,000.
What is the current tax assessment for 507 Elm St?
The most recent total assessment for 507 Elm St (year 2025) is $344,010 with $3,711 in property tax.
How does 507 Elm St's assessment compare to its last sale price?
The current assessment is 27.4% above the last sale price of $270,000.
When was 507 Elm St built?
507 Elm St was built in 1920.
How does 507 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 507 Elm St?
507 Elm St is a 3 bed, 2 bath, 2,079 sqft, 14,810 sqft lot single_family.
Is 507 Elm St a flip candidate?
Yes — 507 Elm St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Elm St a tax-appeal candidate?
Yes — 507 Elm St 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 valuationQuarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q2
$286.7K
2026 Q3
$290.8K
ZIP 28021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St