NOT LISTED FOR SALE

1116 Cranbrook Way Asheboro, NC 27205

Estimated Value: $322,000 - $358,373

3 Beds
2 Baths
3,000 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $328,000 $109 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,994/month

87 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Porch
  • Wood Flooring
  • Cul-De-Sac
  • 1 Car Attached Garage

About This Home

As of September 2024

Amazing home! Come check it out! This classic ranch has traditional styling with elegance and comfort and an exciting floor plan. The 17x 13' family room has a fireplace, built in bookshelves and French doors leading to the enormous covered and screened porch brightened by 4 skylights. The kitchen features granite counters with tile backsplash, joins a breakfast area and connects to the formal dining. There's expansive room to enjoy entertaining with the formal areas, a finished basement with a second fireplace, recreational flex space and a home gym area. You will most enjoy relaxing on the screened porch overlooking the private back yard. Hardwood floors throughout, updated paint, 3 bedrooms, 2 baths, extra storage space in basement, concrete drive and so much more. It just doesn't get any more classy. Schedule your appointment today.

Last Agent to Sell the Property

Emily Smith

The Real Estate Shoppe License #190836 Listed on: 04/26/2024

Last Buyer's Agent

Ryan Overcash

Costello Real Estate & Investments Triangle LLC License #327299

Costello Real Estate & Investments Triangle LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1972

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot
  • Property is zoned RE

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,848 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Partially Finished Basement
  • Fireplace in Basement
  • Dishwasher
  • Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Westbury Woods Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 7740759495

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: subject to survey
  • Subdivision Name: Westbury Woods
  • Directions: Hwy 64 West to left on Westbury Dr , right on Cranbrook Way. Home at the end of the street. Or, Hwy 49 South, right on Westbury Dr. left on Cranbrook Circle, left on Cranbrook Way.
  • Above Grade Finished Sq Ft: 1802
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1972
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 900 - 1100
  • Idx Status: Sold
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Clear, Cul-De-Sac, Dead End, Level
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Cooktop, Gas Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2848
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Cleared, Cul-De-Sac, Dead End, Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7740759495
  • Zoning: RE
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2166
  • Tax Lot: 17
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 12, 2024
Sold by
Esquival Rojas Edud and Esquivel Rojas Edud
Bought by
Thompson Matthew and Thompson Courtney Russell
Seller's Agent
Emily Smith
The Real Estate Shoppe
Buyer's Agent
Ryan Overcash
Costello Real Estate & Investments Triangle LLC
List Price
$364,000
Sold Price
$328,000
Premium/Discount to List
-$36,000
-9.89%
Views
184
Current Estimated Value
$344,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,093
Avg. Annual Appreciation
4.07%
Original Mortgage
$322,059
Outstanding Balance
$318,316
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$25,777

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 16, 2021
Sold by
Covington Ann E and Brown Philip R
Bought by
Esquivel Peggy and Rojas Edud Esquival
Seller's Agent
Martha Byrd-Philpott
RE/MAX Central Realty
Buyer's Agent
Molly Myers
Keller Williams Realty
Sold Price
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$243,000
Interest Rate
3.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Thompson Matthew $328,000 None Listed On Document
Esquivel Peggy $246,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Matthew $322,059
Previous Owner Esquivel Peggy $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $328,000 -3.5% $131 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $340,000 -2.8% $136 / Sq Ft
07/12/2024 07/12/24 Price Changed $349,950 -2.5% $140 / Sq Ft
05/20/2024 05/20/24 Price Changed $359,000 -1.4% $144 / Sq Ft
04/26/2024 04/26/24 For Sale $364,000 +48.0% $146 / Sq Ft
11/19/2021 11/19/21 Sold $246,000 -- $107 / Sq Ft View Prior Sale
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
2025 $2,194 $283,040 $45,030 $238,010
2024 $2,166 $283,040 $45,030 $238,010
2023 $2,166 $283,040 $45,030 $238,010
2022 $1,827 $197,140 $22,080 $175,060
2021 $1,378 $148,700 $22,080 $126,620
2020 $1,348 $148,700 $22,080 $126,620
2019 $1,348 $148,700 $22,080 $126,620
2018 $1,385 $148,480 $20,110 $128,370
2016 $1,370 $148,478 $20,110 $128,368
2015 $1,359 $148,478 $20,110 $128,368
2014 -- $148,478 $20,110 $128,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1140603

Triad MLS

APN: 7740-75-9495