For Sale $300,000
3.56% Rate Assumable FHA! Rare find! 2 separate homes... Primary home offers 2 generous bedrooms and 1 full bathroom. Plus, In-Law Suite offers a totally separate living space, complete with kitchen, living room, 1 spacious bedroom, 1 full bathroom and laundry! This could also be an ideal income generating property! Regardless, you're sure to enjoy a warm summer day poolside! And the furry friends will enjoy the freedom to roam in the fenced yard! This home has tons of updates and is ready for your enjoyment! Two storage buildings are perfect for storing and keeping lawn and pool equipment. Pool Liner and steps replaced in 2024. Filter and motor replaced in 2023. AC and Water Heater replaced in 2021.
| List Price: | $300,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1280 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4310991 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | John Chavis |
| High: | Cherryville |
| Date | Event | Price | $/SQFT |
| 11-27-2025 | Price Decrease | $300,000-4.76% | $235 |
| 10-27-2025 | Listed | $315,000 | $247 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Tryon Elementary School | 4 miles | PK-05 | 3 |
| Love Memorial Elementary | 8 miles | PK-05 | 5 |
| Norris S Childers Elementary | 8 miles | PK-05 | 9 |
| Union Elementary | 9 miles | KG-05 | 9 |
| Costner Elementary School | 10 miles | PK-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 507 Elm Street, Cherryville NC | 0 mi | $300,000 | days | |
| 304 Fourth Street, Cherryville NC | 0 mi | $224,000 | days | |
| 603 Elm Street, Cherryville NC | 0 mi | $374,900 | days | |
| 606 Frank Street, Cherryville NC | 0.1 mi | $75,000 | days | |
| 413 Mulberry Street, Cherryville NC | 0.1 mi | $239,900 | days | |
| 100 3rd Street, Cherryville NC | 0.1 mi | $119,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Mark Spain Real Estate
507 Elm Street, Cherryville NC is a 1280 ft2 on a 0.340 acres Appraisal lot. This is for $300,000. This has 3 bedrooms, 2 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-10-27 11:35:43 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
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Properties displayed may be listed or sold by various participants in the MLS.
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