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503 Spring St

Cherryville, NC 28021

3 bd 3 ba 3,057 sqft Built 1960 Lot 45,302 sqft single_family
Most recent sale
$415,000
Dec 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 13, 2021 Sold $415,000 MLS #3804654
Nov 9, 2021 Listed $399,000 MLS #3804654
Jun 10, 2008 Sold $195,000 Public Record
Sep 10, 2004 Sold $160,000 Public Record
Sep 9, 2004 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $375,020 $16,710 $391,730 $4,226
2024 $375,020 $16,710 $391,730 $4,226
2023 $375,020 $16,710 $391,730 $4,269
2022 $212,540 $16,710 $229,250 $3,049
2021 $186,620 $16,710 $203,330 $2,745
2020 $186,620 $16,710 $203,330 $2,745
2019 $186,620 $16,710 $203,330 $2,643
2018 $163,453 $18,330 $181,783 $2,418
2017 $163,453 $18,330 $181,783 $2,418
2016 $163,453 $18,330 $181,783 $2,418
2015 $163,453 $18,330 $181,783 $2,418
2014 $142,281 $22,800 $165,081 $2,196
2013 $118,731 $22,800 $141,531 $1,882
2012 $118,731 $22,800 $141,531 $1,833
2010 $118,731 $22,800 $141,531 $1,833
2009 $118,731 $22,800 $141,531 $1,805
2008 $118,731 $22,500 $141,231 $1,801
2007 $118,731 $22,500 $141,231 $1,807

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,057 sqft
Lot size
45,302 sqft
ZIP code
28021
City
Cherryville
Street
Spring St
Coordinates
35.37600, -81.36708

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,127
Gross rental yield
11.93%
Implied cap rate
7.76%
Trend-extrapolated value

Frequently asked questions

When did 503 Spring St last sell?
503 Spring St most recently sold on Dec 13, 2021 for $415,000.
What is the current tax assessment for 503 Spring St?
The most recent total assessment for 503 Spring St (year 2025) is $391,730 with $4,226 in property tax.
How does 503 Spring St's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $415,000.
When was 503 Spring St built?
503 Spring St was built in 1960.
How does 503 Spring St compare to others on Spring St?
We track 7 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 503 Spring St?
503 Spring St is a 3 bed, 3 bath, 3,057 sqft, 45,302 sqft lot single_family.
Is 503 Spring St a flip candidate?
No — 503 Spring St does not appear in our flips dataset.
Is 503 Spring St a tax-appeal candidate?
No — 503 Spring 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
+6.5%
2026 Q2
$286.7K
2026 Q3
$290.8K
ZIP 28021 — Median Price History + Forecast

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