NOT LISTED FOR SALE

1388 Lake Lucas Rd Asheboro, NC 27205

Estimated Value: $310,000 - $476,000

3 Beds
2 Baths
2,400 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $295,000 $123 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,299/month

72 Days on Market

Highlights

  • 1.46 Acre Lot
  • No HOA
  • Detached Carport Space
  • Wood Flooring
  • Porch
  • Outdoor Storage

About This Home

As of July 2021

**Back on market due to no fault of home or seller** Classic, Southern, well-maintained home with a spacious lot in a fantastic location! Almost an acre & 1/2 lot just minutes from I-73 and downtown Asheboro, with privacy and county taxes. Outdoors awaits a wraparound front porch and a gorgeous brick patio within the fenced-in yard. This warm, welcoming home offers multiple living spaces, rustic beams and fireplace in the cozy living room, formal dining room, and a large laundry room on the main room. Primary Suite and 2&3 bedrooms on the main floor, with two large rooms upstairs that offer possibilities for an office, guest area, game room, etc. High Quality detached garage across extra wide driveway, room for two full size vehicles, a separate workshop area, and upstairs is a massive bonus room!

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 04/13/2021

Last Buyer's Agent

Jennifer Huffman

Jeff Cook Real Estate LPT Realty License #311201

Jeff Cook Real Estate LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1981

Lot Details

  • 1.46 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RE

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 1,900-2,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7742434072
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.46
  • Lot Size: various calls
  • Subdivision Name: Sylvan Hills
  • Directions: From Asheboro, head West on Lexington Road, Turn R onto Lake Lucas Rd, home is on the right
  • Above Grade Finished Sq Ft: 2208
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1981
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2208
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Remarks
  • Fencing: Fenced
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Detached Carport
  • Garage Description: Detached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7742434072
  • Zoning: RE
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1733
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jul 14, 2021
Sold by
Sword George and Sword Claire M
Bought by
Byers Samuel
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Jennifer Huffman
Jeff Cook Real Estate LPT Realty
Sold Price
$295,000
Current Estimated Value
$403,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,224
Avg. Annual Appreciation
7.47%
Original Mortgage
$285,154
Outstanding Balance
$258,852
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$144,372

Purchase Details

Closed on
Jul 9, 2007
Sold by
Ayers Michael B and Ayers Starr B
Bought by
Sword George and Sword Claire M
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
Byers Samuel $295,000 None Available
Sword George $218,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byers Samuel $285,154
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $295,000 -- $155 / 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 $2,107 $271,150 $60,060 $211,090
2024 $2,080 $271,150 $60,060 $211,090
2023 $2,080 $271,150 $60,060 $211,090
2022 $1,867 $200,940 $44,600 $156,340
2021 $1,768 $190,240 $44,600 $145,640
2020 $1,733 $190,240 $44,600 $145,640
2019 $1,728 $190,240 $44,600 $145,640
2018 $1,932 $206,490 $45,300 $161,190
2016 $1,911 $206,492 $45,300 $161,192
2015 $1,896 $206,492 $45,300 $161,192
2014 -- $206,492 $45,300 $161,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1019817

Triad MLS

APN: 7742-43-4072