NOT LISTED FOR SALE

1206 S Cox St Asheboro, NC 27203

Estimated Value: $195,000 - $333,000

Studio
-- Bath
-- Sq Ft
0.54 Acres

Last Sold March 31, 2022

Last sale price $263,000

Est. 4% increase in value since last sale

Current estimated payment $1,674/month

About This Home

As of March 2022

Busy commercial corner near East Dixie Drive. Office building facing South Cox Street plus brick house with carport (700 SF, 3BR/1Bath) used for rental facing Dorsett Avenue. Both are currently leased. --Entered for comp purposes only--

Last Agent to Sell the Property

H R Gallimore

RE/MAX Central Realty Listed on: 03/30/2022

RE/MAX Central Realty

Last Buyer's Agent

Jeff Smith

David Massey Real Estate License #237956

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1948

Lot Details

  • 0.54

Additional Features

  • 1-Story Property
  • Corner Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 1,648 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 7750869997

Property Details

Property Type

Other

Est. Annual Taxes

$2,463

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Professional/Office
  • Lot Size: 0.54 acre
  • Directions: Located at the intersection of South Cox Street and Dorsett Avenue, just one block from US Highway 64 (Dixie Drive).
  • Building Stories: 1
  • Year Built: 1948
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Corner Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7750869997
  • Zoning: M
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Mar 30, 2022
Sold by
Lowe Melinda J and Lowe Jeffrey L
Bought by
G & M Rental Properties Llc
Seller's Agent
H R Gallimore
RE/MAX Central Realty
Buyer's Agent
Jeff Smith
David Massey Real Estate
List Price
$279,000
Sold Price
$263,000
Premium/Discount to List
-$16,000
-5.73%
Current Estimated Value
$273,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,479
Avg. Annual Appreciation
1.03%
Original Mortgage
$212,000
Outstanding Balance
$167,980
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$105,500

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 27, 2013
Sold by
Pinnacle Properties Of Randolph County L
Bought by
Lowe Melinda J and Lowe Jeffrey L
Seller's Agent
H R Gallimore
RE/MAX Central Realty
Buyer's Agent
H R Gallimore
RE/MAX Central Realty
List Price
$159,750
Sold Price
$141,000
Premium/Discount to List
-$18,750
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$127,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
Roberts W Vance and Roberts Lee W
Bought by
King Michael R and King Lisa B

Purchase Details

Closed on
Nov 29, 1995
Bought by
Lowe Melinda Jlowe Jeffrey L
Source: Public Records
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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
G & M Rental Properties Llc $263,000 Holt Longest Wall & Moseley Pl
Lowe Melinda J $141,000 None Available
King Michael R $140,000 Chicago Title Insurance Comp
Lowe Melinda Jlowe Jeffrey L $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & M Rental Properties Llc $212,000
Previous Owner Lowe Melinda J $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $263,000 -5.7% --
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $279,000 +97.9% --
11/27/2013 11/27/13 Sold $141,000 -11.7% -- View Prior Sale
09/27/2013 09/27/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $159,750 -- --
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 $3,049 $230,070 $87,430 $142,640
2024 $3,049 $230,070 $87,430 $142,640
2023 $3,049 $230,070 $87,430 $142,640
2022 $2,464 $170,890 $87,430 $83,460
2021 $2,464 $170,890 $87,430 $83,460
2020 $2,464 $170,890 $87,430 $83,460
2019 $2,464 $170,890 $87,430 $83,460
2018 $2,256 $153,750 $86,520 $67,230
2016 $2,256 $153,753 $86,520 $67,233
2015 $2,260 $153,753 $86,520 $67,233
2014 -- $153,753 $86,520 $67,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1064221

Triad MLS

APN: 7750-86-9997