$385,000
SOLD MAR 28, 2025

1008 Key Rd Ararat, NC 27007

4 Beds
2 Baths
1,540 Sq Ft
3 Acres

Recently Sold

$250 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Vinyl Flooring
  • Copeland Elementary School Rated A-
  • Wood Siding

About This Home

As of March 2025

Charming 4-Bedroom Home on 3 Acres in a Peaceful Setting. Nestled on a serene 2-acre lot, this beautiful home offers the perfect blend of comfort and style. Featuring 4 spacious bedrooms and 2 full bathrooms, with an open floor plan, stunning granite countertops, durable LVP flooring, and plenty of natural light. Cozy up by the gorgeous stone gas log fireplace or enjoy mornings on the lovely rocking chair front porch. The spacious back deck overlooks the private backyard, perfect for relaxing or entertaining. This home also features a brand-new roof and heat pump, ensuring efficiency and peace of mind. A full basement provides endless possibilities for storage or a workshop. Don't miss this move-in ready retreat! Option to purchase 2 of the 3 acres with home for 379,000

Last Agent to Sell the Property

Stephanie Montgomery

Southern Luxe Realty License #316968 Listed on: 02/28/2025

Last Buyer's Agent

Bob Warchol

Keller Williams Realty License #225597

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1987

Lot Details

  • 3 Acre Lot
  • Property is zoned RA

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Vinyl Flooring
  • Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 592600530978
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Subdivision Name: None
  • Directions: From Rockford St, Turn Left onto Old U.S. 601. Turn Left on Siloam. Drive approximately 4 miles. Turn Left on Ararat Rd. Turn Right on Key Rd. Home is on the right.
  • Above Grade Finished Sq Ft: 1540
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1540
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 592600530978
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 128333.3333
  • TRIADMLS_DeedPage: 0421
  • TRIADMLS_DeedBook: 1912

Tax Info

  • Tax Annual Amount: 975.89
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Mar 27, 2025
Sold by
Fish Edward Allen and Fish Kaye
Bought by
Johnson Joe Arthur and Johnson Charlott Anne
Seller's Agent
Stephanie Montgomery
Southern Luxe Realty
Buyer's Agent
Bob Warchol
Keller Williams Realty
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Views
51
Current Estimated Value
$376,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,957
Avg. Annual Appreciation
-2.69%

Purchase Details

Closed on
Oct 31, 2024
Sold by
Key Larry W and Key Nina A
Bought by
Fish Edward Allen and Fish Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Lequire Randel K and Lequire Virginia W
Bought by
Key Larry W and Key Nina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1999

Purchase Details

Closed on
Dec 1, 1993

Purchase Details

Closed on
May 1, 1986
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 None Listed On Document
Warranty Deed $385,000 None Listed On Document
Warranty Deed $148,000 None Listed On Document
Warranty Deed $162,500 None Available
Deed -- --
Deed $95,500 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 New Conventional
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $385,000 -3.5% $250 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $399,000 -2.4% $259 / Sq Ft
03/02/2025 03/02/25 Price Changed $409,000 +5.1% $266 / Sq Ft
02/28/2025 02/28/25 For Sale $389,000 -- $253 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $992 $147,680 $26,600 $121,080
2023 $976 $147,680 $26,600 $121,080
2022 $976 $147,680 $26,600 $121,080
2021 $992 $147,680 $26,600 $121,080
2020 $999 $144,120 $24,000 $120,120
2019 $996 $144,120 $0 $0
2018 $979 $144,120 $0 $0
2017 $993 $144,120 $0 $0
2016 $993 $144,120 $0 $0
2013 -- $146,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1171845

Triad MLS

APN: 5926-00-53-0978