NOT LISTED FOR SALE

1120 Oakwood Acres Rd Asheboro, NC 27205

Estimated Value: $228,000 - $279,000

3 Beds
2 Baths
1,500 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $250,000 $167 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,469/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • 1 Car Attached Garage

About This Home

As of January 2024

Discover the charm of this renovated brick ranch, gracefully situated in the tranquil outskirts of Asheboro, away from city chaos yet close to all conveniences. The home welcomes you with fresh paint and new flooring (September 2023), offering a modern and revitalized feel the moment you step in. This is a spacious 3 bedroom 2 bath with an attached garage. The kitchen, the heart of the home, doesn’t disappoint with its brand-new cabinets (As of 9/23) and a stunning quartz countertop, setting a perfect stage for culinary adventures. Above, a metal roof promises durability, giving you peace of mind for years to come. Make this haven your home and build a future grounded in style and comfort.

Last Agent to Sell the Property

Edith Dominguez

Keller Williams Realty License #288008 Listed on: 11/20/2023

Keller Williams Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Property is zoned RE

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,409 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oakwood Acres Subdivision

Listing and Financial Details

  • Tax Lot 2 SC 1
  • Assessor Parcel Number 7649785993
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Oakwood Acres
  • Directions: Right on Oakwood Acres, slight right, home on right
  • Above Grade Finished Sq Ft: 1409
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1409
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7649785993
  • Zoning: RE
  • TRIADMLS_PlatPage: 77
  • TRIADMLS_PlatBook: 11
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 872.77
  • Tax Lot: 2 SC 1
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 20, 2023
Sold by
Bull Investment Properties Llc
Bought by
Tenorio Martin Hugo Bermude
Seller's Agent
Edith Dominguez
Keller Williams Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$250,000
Sold Price
$250,000
Views
234
Current Estimated Value
$262,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,202
Avg. Annual Appreciation
2.62%
Original Mortgage
$245,471
Outstanding Balance
$241,139
Interest Rate
7.44%
Mortgage Type
FHA
Estimated Equity
$21,063

Purchase Details

Closed on
Aug 7, 2023
Sold by
Hill Rodney C
Bought by
Caliber Home Loans Inc

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 20, 2022
Sold by
Secretary/Housing & Urban Dev
Bought by
Hill Rodney C
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Angela Stutts
RE/MAX Central Realty
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%
Original Mortgage
$145,451
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2021
Sold by
Davis Routh R
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Jul 1, 2008
Sold by
Bristow Davis Sr Larry Nelson and Bristow Davis Rose Odessa
Bought by
Davis Routh Ellen

Purchase Details

Closed on
Jan 16, 1991
Bought by
Davis Routh Redmon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tenorio Martin Hugo Bermude $250,000 None Listed On Document
Tenorio Martin Hugo Bermude $250,000 None Listed On Document
Caliber Home Loans Inc -- Fidelity National Title
Bull Investment Properties Llc $166,000 None Listed On Document
Hill Rodney C -- None Listed On Document
Secretary Of Housing And Urban Dev -- None Available
Davis Routh Ellen -- None Available
Davis Routh Ellen -- None Available
Davis Routh Redmon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenorio Martin Hugo Bermude $245,471
Closed Tenorio Martin Hugo Bermude $245,471
Previous Owner Hill Rodney C $145,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $250,000 0.0% $208 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $250,000 +79.9% $208 / Sq Ft
04/21/2022 04/21/22 Sold $139,000 -- $99 / Sq Ft View Prior Sale
02/15/2022 02/15/22 Pending -- -- --
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 $1,054 $170,010 $33,760 $136,250
2024 $1,054 $170,010 $33,760 $136,250
2023 $873 $140,770 $33,760 $107,010
2022 $716 $95,110 $20,260 $74,850
2021 $716 $95,110 $20,260 $74,850
2020 $346 $95,110 $20,260 $74,850
2019 $346 $95,110 $20,260 $74,850
2018 $323 $86,160 $15,140 $71,020
2016 $314 $86,156 $15,140 $71,016
2015 $316 $86,156 $15,140 $71,016
2014 -- $86,156 $15,140 $71,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1125897

Triad MLS

APN: 7649-78-5993