NOT LISTED FOR SALE

1196 Sheridan Dr Asheboro, NC 27205

Estimated Value: $265,000 - $301,000

3 Beds
1.5 Baths
1,611 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $88,300 $55 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,585/month

74 Days on Market

Highlights

  • 2.39 Acre Lot
  • No HOA
  • Central Air
  • Sycamore Elementary School Rated A
  • Attached Carport
  • Vinyl Flooring

About This Home

As of October 2013

Brick Ranch w/Attached Single Carport on 2.39 Acres. 1600+-SF. Full Unfinished Bsmt. Concrete Drive and Sidewalk. Fireplace in DR/Den. Open Kitchen w/Eat At Bar. 10'8X7 Room off DR-Used for Lge Pantry or Office. Built-In Shelves. Dble Sinks in Main BA. New Metal Roof and New Hot Water heater. Priced almost $30K under Tax Value.

Last Agent to Sell the Property

Angela Briggs

RE/MAX Central Realty Listed on: 06/05/2013

RE/MAX Central Realty

Last Buyer's Agent

Jason Robbins

RE/MAX Central Realty License #205328

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1970

Lot Details

  • 2.39 Acre Lot
  • Property is zoned RA

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,611 Sq Ft Home
  • Property has 1 Level
  • Dining Room with Fireplace
  • Vinyl Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Southwestern Randolph Middle School
  • Southwestern Randolph High School

Utilities

  • Central Air
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7649095550
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.39
  • Directions: Hwy 49 S, TL on Sheridan, Home on Right
  • Above Grade Finished Sq Ft: 1611
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1611
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Built-in Features, Pantry
  • Has Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room
  • Fireplaces: 1
  • Living Area: 1611
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southmont
  • High School: Southwestern Randolph
  • Middle Or Junior School: Southwestern Randolph

Lot Info

  • Parcel #: 7649095550
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 806.19
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2013
Closed on
Oct 2, 2013
Sold by
Thornburg Gary H and Thornburg Charlene Jones
Bought by
Howard Jeffrey M and Howard Joetta
Seller's Agent
Angela Briggs
RE/MAX Central Realty
Buyer's Agent
Jason Robbins
RE/MAX Central Realty
List Price
$89,900
Sold Price
$88,300
Premium/Discount to List
-$1,600
-1.78%
Current Estimated Value
$281,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,713
Avg. Annual Appreciation
9.98%
Original Mortgage
$88,300
Outstanding Balance
$65,499
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$215,514
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
Howard Jeffrey M $88,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Jeffrey M $88,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2013 10/02/13 Sold $88,300 -1.8% $55 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $89,900 -- $56 / 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 $1,276 $192,600 $54,320 $138,280
2024 $1,257 $192,600 $54,320 $138,280
2023 $1,257 $192,600 $54,320 $138,280
2022 $1,037 $131,900 $33,340 $98,560
2021 $1,037 $131,900 $33,340 $98,560
2020 $1,011 $131,900 $33,340 $98,560
2019 $1,011 $131,900 $33,340 $98,560
2018 $987 $125,690 $30,090 $95,600
2016 $974 $125,689 $30,090 $95,599
2015 $965 $125,689 $30,090 $95,599
2014 $957 $125,689 $30,090 $95,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 675511

Triad MLS

APN: 7649-09-5550