Last Sold Price
4 beds2,272 sqft$75/sqft
507 Johnstone Rd, Cleveland, NC 27013

Description

PRICED TO SELL-well below tax value! If you are an investor or are looking for a property to fix up and make your own this is the one! Located in the West Rowan district and sitting on 2 level acres in a quiet neighborhood, this 4 bedroom, 2 full bath home is waiting for the right buyer to restore it to it's potential. There is also a third bathroom that has a tub and shower combo but needs a sink and toilet- plumbing is already there for both. Kitchen features stainless steel appliances and there...PRICED TO SELL-well below tax value! If you are an investor or are looking for a property to fix up and make your own this is the one! Located in the West Rowan district and sitting on 2 level acres in a quiet neighborhood, this 4 bedroom, 2 full bath home is waiting for the right buyer to restore it to it's potential. There is also a third bathroom that has a tub and shower combo but needs a sink and toilet- plumbing is already there for both. Kitchen features stainless steel appliances and there is a wood stove for back up heat. This property is AS IS- sellers will make NO REPAIRS, conventional or cash ONLY. Sellers have not lived in the home and make no representations. What you see is literally what you get - but just think of how amazing it could be with a little work.
LISTING CLOSED: 05/01/2023 12:00 AM

  1. Listed by Key Real Estate • melissabquick3@gmail.com

Property Details for 507 Johnstone Road

Status
MLS #
4020842
Days on Market
3
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1980
Lot Size
2.02 AC / 87,991 SF
Architectural Style
Ranch
Parking Features
Detached Carport
Subdivision Name
None

Recent comparable sales

Median sold price

$177,000

Avg days on market

72

Sale-to-list ratio

92.0%

[Cleveland, NC]

9 comparable properties found

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Square Feet
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Acres
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Square Feet
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Location

Listing Courtesy of Key Real Estate

Sold By RE/MAX EXECUTIVE

Add your commute

Building Information for 507 Johnstone Road

Stories-Year Built1980Building Size-Lot Size2.02 AC / 87,991 SF

Payment Calculator

$1,040 per month

30 year fixed, 6.55% Interest

Principal and Interest

$864

Property Taxes

$176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 507 Johnstone Road

Summary
Location and General Information
  • Longitude: -80.673524
  • Zoning: R-20
  • Latitude: 35.740497
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $248,075.00
  • Parcel Number: 267049
  • City Taxes Paid To: Cleveland
School Information
  • Middle Or Junior School: West Rowan
  • High School: West Rowan
  • Elementary School: Cleveland
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport Spaces: 1.0
  • Parking: Carport YN: Yes
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 2272.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 2272
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Sq Ft Second Living Quarters: 0.0
  • Sq Ft Second Living Quarters HLA: 0.0
  • Sq Ft Total Property HLA: 2272.0
  • Lot Features: Level, Private
  • Lot Size Dimensions: 292x410x295x300
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 26
  • Road Responsibility: Other - See Remarks
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Two or More Access Exits
  • Construction Materials: Vinyl
  • Patio And Porch Features: Front Porch
  • Road Surface Type: Dirt, Gravel, Paved
  • Roof: Metal
  • Other Structures: Shed(s)
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Washer
  • Levels: One
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Common Area
  • Fireplace Features: Wood Burning Stove
  • Fireplace YN: Yes
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Bedroom Main: 4
  • Full Bath Main: 2
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 1.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main

Property History for 507 Johnstone Road

DateEvent & SourcePriceAppreciation
May 1, 2023

Closed (Public Record)

Public Record #1509908098

$170,000
May 1, 2023

Closed

CANOPY #4020842

$170,000
Apr 15, 2023

Listed (Active)

CANOPY #4020842

$175,000
DateEvent & SourcePrice
05/01/2023

Closed (Public Record)

Public Record #1509908098

$170,000
05/01/2023

Closed

CANOPY #4020842

$170,000
04/15/2023

Listed (Active)

CANOPY #4020842

$175,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Johnstone Road

Taxable ValueLand$44,800Additions$195,088Total$239,888
Tax Record2025$2,111 ($176 / month)
Home Facts
Beds0Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtStories1Lot Size90,169 SqFtStyleSingle Family ResidenceYear Built1980Year Renovated2005ZoningR20:SINGLE FACountyROWANAPN267 049Fireplace TypeHas Fireplace

Schools near 507 Johnstone Road

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
West Rowan Elementary
PublicPK to 5

West Rowan Middle School
Public6 to 8

West Rowan High School
Public9 to 12

Summit K-8 Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 507 Johnstone Road, Cleveland, NC 27013
$170,000
4
2,272
87,991
$130,000
3
972
21,780
2
1,200
22,651
$242,000
3
1,025
29,620
$150,000
3
1,400
43,995
2
1,200
35,681

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Key Real Estate

Based on information submitted to the MLS GRID as of 05/01/2023 12:06 PM. 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 presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.