NOT LISTED FOR SALE

1147 & 1135 S Cox St Unit A & B Asheboro, NC 27203

Estimated Value: $214,000 - $418,000

-- Bed
2 Baths
-- Sq Ft
1.15 Acres

Last Sold July 09, 2020

Last sale price $245,000

Est. 32% increase in value since last sale

Current estimated payment $2,037/month

26 Days on Market

Highlights

  • 1.15 Acre Lot
  • Central Air
  • Carpet
  • No HOA

About This Home

As of July 2020

All units currently occupied! Two nice duplex's w/2 bedroom, 1 bath units. Unit 1135 A & B both rent for $595 & unit 1147 A rents for $550 & B for $525. Eat-in kitchen w/dishwasher, range & refrigerator. Replacement windows, patio, paved drive/parking & new vinyl siding. Great rental income!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 05/08/2020

RE/MAX Central Realty

Last Buyer's Agent

SarahBeth Gallimore

RE/MAX Central Realty License #294272

RE/MAX Central Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1977

Lot Details

  • 1.15 Acre Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 0387 / 97
  • Assessor Parcel Number 7750970387
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,809

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.15
  • Subdivision Name: None
  • Directions: US Hwy 64, turn onto S Cox St, duplex's will be on the right
  • Building Stories: 1
  • Year Built: 1977
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7750970387
  • Zoning: CURA-6
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 2808.53
  • Tax Block: 97
  • Tax Lot: 0387
  • Tax Map Number: 7750
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.4416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 8, 2020
Sold by
Baybuilt Properties Llc
Bought by
41 Chevy Realty Llc
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
SarahBeth Gallimore
RE/MAX Central Realty
Sold Price
$245,000
Current Estimated Value
$322,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,703
Avg. Annual Appreciation
5.23%
Original Mortgage
$244,000
Outstanding Balance
$215,880
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
$106,823

Purchase Details

Closed on
Apr 27, 2007
Sold by
Brown Philip R and Brown Roberta H
Bought by
Baybuilt Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
41 Chevy Realty Llc $245,000 None Available
Baybuilt Properties Llc $207,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 41 Chevy Realty Llc $244,000
Previous Owner Baybuilt Properties Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $245,000 -- --
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 $4,055 $267,230 $79,230 $188,000
2024 $4,055 $267,230 $79,230 $188,000
2023 $4,055 $267,230 $79,230 $188,000
2022 $3,112 $215,840 $66,460 $149,380
2021 $3,112 $215,840 $66,460 $149,380
2020 $2,809 $194,820 $66,460 $128,360
2019 $2,809 $194,820 $66,460 $128,360
2018 $3,194 $217,680 $82,720 $134,960
2016 $3,194 $217,680 $82,720 $134,960
2015 $3,200 $217,680 $82,720 $134,960
2014 -- $217,680 $82,720 $134,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 976175

Triad MLS

APN: 7750-97-0387