NOT LISTED FOR SALE

1358 Arabian Dr Asheboro, NC 27205

Estimated Value: $232,000 - $294,000

4 Beds
2 Baths
1,872 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $97,000 $52 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,545/month

13 Days on Market

Highlights

  • Transitional Architecture
  • No HOA
  • Wood Siding
  • Sycamore Elementary School Rated A
  • Central Air

About This Home

As of May 2012

Case # 381-802390 (IE) as is without repairs or warranties. HUDHOMESTORE websites for Property Condition Report, environmental concerns, if any, online bidding, and required contract and addenda. Agents with valid NAID #s only. All information believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant.

Last Buyer's Agent

Vicki Hall

Shackelford Realty LLC License #235086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1979

Lot Details

  • 0.72 Acre Lot
  • Property is zoned RR

Parking

  • No Garage

Home Design

  • Transitional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • White Horse Run Sec 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7649303541
  • 761% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$761

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.72
  • Subdivision Name: White Horse Run Sec 02
  • Directions: Head northeast on County Governmental Plaza/?New Century Dr toward McDowell Rd. Turn left onto McDowell Rd. Turn left onto Mack Rd. Turn right onto Arabian Dr Destination will be on the right.
  • Above Grade Finished Sq Ft: 1872
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1872
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1872
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Frame, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7649303541
  • Zoning: RR

Tax Info

  • Tax Annual Amount: 761.2
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Apr 26, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Lopez Mayra Socorro
Buyer's Agent
Vicki Hall
Shackelford Realty LLC
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Current Estimated Value
$275,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,980
Avg. Annual Appreciation
8.00%
Original Mortgage
$99,642
Outstanding Balance
$68,740
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$207,240

Purchase Details

Closed on
Jan 5, 2012
Sold by
Charles Elizabeth Ruth
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 16, 2007
Sold by
Heidecker Gerald Fritzges and Heidecker Cindy Lee
Bought by
Charles Elizabeth Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,918
Interest Rate
6.17%
Mortgage Type
FHA
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
Lopez Mayra Socorro -- None Available
Secretary Of Housing & Urban Development $141,358 None Available
Charles Elizabeth Ruth $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Mayra Socorro $99,642
Previous Owner Charles Elizabeth Ruth $136,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $97,000 -11.8% $52 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $110,000 -- $59 / 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 $1,092 $174,480 $38,260 $136,220
2024 $1,092 $174,480 $38,260 $136,220
2023 $1,092 $174,480 $38,260 $136,220
2022 $912 $121,150 $21,700 $99,450
2021 $912 $121,150 $21,700 $99,450
2020 $876 $121,150 $21,700 $99,450
2019 $876 $121,150 $21,700 $99,450
2018 $963 $129,650 $16,750 $112,900
2016 $937 $129,647 $16,750 $112,897
2015 $940 $129,647 $16,750 $112,897
2014 $928 $129,647 $16,750 $112,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 632348

Triad MLS

APN: 7649-30-3541