NOT LISTED FOR SALE

1186 Oakwood Acres Rd Asheboro, NC 27205

Estimated Value: $316,000 - $348,257

5 Beds
2 Baths
3,200 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $260,000 $81 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,900/month

18 Days on Market

Highlights

  • 1.47 Acre Lot
  • No HOA
  • Central Air
  • Den with Fireplace

About This Home

As of July 2022

Looking for a house that you can put your personal touch on? Look no further! This spacious home with a split floor plan provides a total of 5 bedrooms, 2 bathrooms, and an office! We can't forget about the endless possibilities that the 24 X 21 unfinished basement has to offer. Spend your morning sipping coffee on the porch or woodworking in the workshop which has access through the home or from outside. Outdoors you can find a 2 car carport, 4 bay shed sitting on 1.47 green acres. Agents please see the agent only remarks. Selling AS-IS.

Last Agent to Sell the Property

Allie Hohn

TKB Realty Group LLC License #328673 Listed on: 06/01/2022

Last Buyer's Agent

Janice Spainhour

Price REALTORS - Archdale License #207054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1971

Lot Details

  • 1.47 Acre Lot
  • Property is zoned RE

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,964 Sq Ft Home
  • 2,600-3,200 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oakwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7649699181
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.47
  • Lot Size: varied
  • Subdivision Name: Oakwood Acres
  • Directions: On Albemarble Rd., take a left onto Mack Rd., take a right on Friendly Acres Rd., then a left onto Oakwood Acres Rd., home will be on your right- please look for sign in the yard. Use GPS for exact directions from your location.
  • Above Grade Finished Sq Ft: 2964
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 2964
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7649699181
  • Zoning: RE
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1415.91
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 7, 2022
Sold by
William R Lucas Sr Revocable Trust
Bought by
Thames Anita Carmac and Thames Michael Kenyon
Seller's Agent
Allie Hohn
TKB Realty Group LLC
Buyer's Agent
Janice Spainhour
Price REALTORS - Archdale
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Current Estimated Value
$334,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,814
Avg. Annual Appreciation
7.79%
Original Mortgage
$255,290
Outstanding Balance
$243,949
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$90,865

Purchase Details

Closed on
May 18, 2006
Sold by
Lucas William R and Lucas Doris T
Bought by
Lucas Mamie B
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
Thames Anita Carmac $260,000 Ivey & Eggleston
Lucas Mamie B $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thames Anita Carmac $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $260,000 +4.0% $100 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $249,900 -- $96 / 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 $1,642 $264,840 $47,730 $217,110
2024 $1,642 $264,840 $47,730 $217,110
2023 $1,642 $264,840 $47,730 $217,110
2022 $1,368 $181,750 $26,600 $155,150
2021 $1,368 $181,750 $26,600 $155,150
2020 $1,314 $181,750 $26,600 $155,150
2019 $1,314 $181,750 $26,600 $155,150
2018 $1,327 $178,730 $21,600 $157,130
2016 $1,291 $178,732 $21,600 $157,132
2015 $1,299 $178,732 $21,600 $157,132
2014 -- $178,732 $21,600 $157,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1071628

Triad MLS

APN: 7649-69-9181