NOT LISTED FOR SALE

1394 W Lake Dr Asheboro, NC 27205

Estimated Value: $575,000 - $676,000

3 Beds
3.5 Baths
4,400 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $370,000 $84 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,550/month

158 Days on Market

Highlights

  • 2.75 Acre Lot
  • Great Room with Fireplace
  • Wood Flooring
  • Contemporary Architecture
  • Partially Wooded Lot
  • Solid Surface Countertops

About This Home

As of March 2018

Designed by award winning architect Alvis George! Unique contemporary styled home, exceptional features & many upgrades, huge family room w/floor to ceiling windows & wet bar. Oak hardwood floors on 1st level, new carpet, paint & lighting, 2 FP's, large kitchen, 1st floor master suite w/adjoining sitting rm, new tiled shower & floor in MBath, nice upstairs office, climate controlled wine cellar & tasting room. New exterior stain, huge new deck w/full length awning. Beautiful private setting on 2.75 acres.

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 08/07/2017

RE/MAX Central Realty

Last Buyer's Agent

Wendy Hill

Wendy Hill Realty License #131681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1979

Lot Details

  • 2.75 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RE

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 4,165 Sq Ft Home
  • 3,700-4,400 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 1091 / 53
  • Assessor Parcel Number 7742531091
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,457

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.75
  • Lot Size: Various Courses
  • Subdivision Name: Sylvan Hills
  • Directions: West on Old Lexington Road, right on West Lake Drive, property on right.
  • Above Grade Finished Sq Ft: 4165
  • Architectural Style: Contemporary
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3700 - 4400
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s), Wet Bar
  • Has Basement: Finished, Unfinished, Basement, Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 2
  • Living Area: 4165
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Lot Features: Level, Partially Cleared, Partially Wooded, Subdivided
  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Charles W. McCrary
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7742531091
  • Zoning: RE
  • TRIADMLS_PlatPage: 38
  • TRIADMLS_PlatBook: 134
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 3457
  • Tax Block: 53
  • Tax Lot: 1091
  • Tax Map Number: 7742
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.9225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Feb 27, 2018
Sold by
Marsh Murray S and Marsh Karla J
Bought by
Miller Christopher G and Robbins Kenneth Brian
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Wendy Hill
Wendy Hill Realty
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%
Current Estimated Value
$617,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,552
Avg. Annual Appreciation
6.82%
Original Mortgage
$368,000
Outstanding Balance
$316,448
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$301,104

Purchase Details

Listed on
Sep 22, 2010
Closed on
Aug 16, 2012
Sold by
Kinney Charles E and Kinney Betty
Bought by
Marsh Murray S and Marsh Karla J
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Vickie Gallimore
RE/MAX Central Realty
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$312,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Christopher G $370,000 None Available
Marsh Murray S $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Christopher G $368,000
Previous Owner Marsh Murray S $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2018 03/02/18 Sold $370,000 -14.9% $100 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
08/07/2017 08/07/17 For Sale $435,000 +11.5% $118 / Sq Ft
08/20/2012 08/20/12 Sold $390,000 -6.0% $94 / Sq Ft View Prior Sale
07/22/2012 07/22/12 Pending -- -- --
09/22/2010 09/22/10 For Sale $415,000 -- $100 / 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 $3,590 $463,090 $74,250 $388,840
2024 $3,544 $463,090 $74,250 $388,840
2023 $3,544 $463,090 $74,250 $388,840
2022 $3,140 $338,870 $57,500 $281,370
2021 $3,140 $338,870 $57,500 $281,370
2020 $3,072 $338,870 $57,500 $281,370
2019 $3,072 $338,870 $57,500 $281,370
2018 $3,465 $371,570 $53,220 $318,350
Source: Public Records

Agents Affiliated with this Home

  • Vickie Gallimore

    Seller's Agent in 2018

    Vickie Gallimore

    RE/MAX

    (336) 953-9500

    427 in this area

    809 Total Sales

    Vickie Gallimore
    Section Image

  • W

    Buyer's Agent in 2018

    Wendy Hill

    Wendy Hill Realty

    (336) 442-5718

    28 Total Sales

    Wendy Hill
    Section Image
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Map

Source: Triad MLS

MLS Number: 845024

Triad MLS

APN: 7742-52-1989

North Carolina Randolph County Asheboro 27205

1394 W Lake Dr, Asheboro, NC

Not Listed for Sale

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