NOT LISTED FOR SALE

1138 Olde Towne Pkwy Asheboro, NC 27205

Estimated Value: $378,597 - $429,000

2 Beds
2 Baths
1,514 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 04, 2014

Last sale price $193,900 $128 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,603/month

110 Days on Market

Highlights

  • Newly Remodeled
  • 2 Car Attached Garage
  • Tile Flooring
  • Cottage
  • Patio
  • Kitchen Island

About This Home

As of September 2014

Nice 2 bedroom cottage in one of Asheboro's finest areas. Wide streets, sidewalks, streetlights, and rolling topography set this townhouse subdivision apart from the others. This is our base Palazzo house with a reduced price point, without sacrificing the things that make living at Olde Towne Village easy living. Visit us and let us show you how you too can enjoy maintenance free living.

Last Agent to Sell the Property

Michael Hebert

NOVA Triad Partners, LLC License #214338 Listed on: 03/27/2014

Last Buyer's Agent

Michael Hebert

NOVA Triad Partners, LLC License #214338 Listed on: 03/27/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1,525 Sq Ft Lot
  • Fenced

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Wood Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,514 Sq Ft Home
  • Property has 1 Level
  • Shelving
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • 1% Total Tax Rate

Community Details

Overview

  • Olde Towne Village Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,978

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.035
  • Subdivision Name: Olde Towne Village
  • Directions: Traveling west on Old Lexington Road, go about 1 1/2 miles. Subdivision entrance is on the left. TL into subdivision. House is 1st on right.
  • Above Grade Finished Sq Ft: 1514
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: Townhouse
  • Year Built: 2014
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1514
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Attached Microwave Oven,Dishwasher,Disposal, Water Heater: Electric
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Built-in Shelves, Dead Bolt(s), Dryer Connection, Garage Door Opener(s), Kitchen Island, Laundry Room - Main Level, Pantry, Smoke Alarm, Washer Connection
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1514
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Fenced, Patio, Paved Drive
  • Fencing: Fenced
  • Lot Features: City Lot
  • Construction Type: Pre-Cast Stone, See Remarks, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Zoning: residential

Tax Info

  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Sep 4, 2014
Sold by
Olde Towne Village Llc
Bought by
Davis Leon C and Davis Kathy S
Seller's Agent
Michael Hebert
NOVA Triad Partners, LLC
Buyer's Agent
Michael Hebert
NOVA Triad Partners, LLC
List Price
$199,900
Sold Price
$193,900
Premium/Discount to List
-$6,000
-3%
Current Estimated Value
$404,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,749
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Mar 5, 2014
Sold by
Carolina Bank
Bought by
Olde Towne Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
4.43%
Mortgage Type
Construction
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
Davis Leon C $194,000 None Available
Olde Towne Village Llc $43,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olde Towne Village Llc $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2014 09/04/14 Sold $193,900 -3.0% $128 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $199,900 -- $132 / 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
2025 $3,978 $300,160 $60,000 $240,160
2024 $3,978 $300,160 $60,000 $240,160
2023 $3,978 $300,160 $60,000 $240,160
2022 $3,773 $261,740 $45,000 $216,740
2021 $3,773 $261,740 $45,000 $216,740
2020 $3,773 $261,740 $45,000 $216,740
2019 $3,773 $261,740 $45,000 $216,740
2018 $2,911 $198,380 $35,000 $163,380
2016 $2,911 $198,380 $35,000 $163,380
2015 $2,916 $198,380 $35,000 $163,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 701457

Triad MLS

APN: 7741-98-4971