NOT LISTED FOR SALE

148 W Edgewood Cir Asheboro, NC 27205

Estimated Value: $155,000 - $299,000

-- Bed
2 Baths
-- Sq Ft
0.67 Acres

Last Sold August 15, 2023

Last sale price $170,000

Est. 20% increase in value since last sale

Current estimated payment $1,160/month

46 Days on Market

Highlights

  • No HOA
  • Sycamore Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

LOOKING FOR EXTRA INCOME? Great duplex located in S Asheboro. Tenants currently in both units. Each unit has 2 bedrooms and 1 bathroom. Plenty of parking space. Laminate flooring and tile in bathroom. Kitchen with built in microwave, range & dishwasher. One outbuilding per home. 24 HOUR NOTICE FOR ALL SHOWINGS.

Last Agent to Sell the Property

Deborah Perry

Great State Real Estate License #203274 Listed on: 05/27/2023

Great State Real Estate

Last Buyer's Agent

Tyler Mcleod

Elite Pro Properties License #315332

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1978

Lot Details

  • 0.67

Parking

  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Schools

  • Southwestern Randolph Middle School
  • Southwestern Randolph High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Laminate Flooring
  • Washer and Dryer Hookup
  • 0.67 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • 1,710 Sq Ft Building
  • Carl King Farm Subdivision

Listing and Financial Details

  • Tax Lot 173-176
  • Assessor Parcel Number 7665676935
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$622

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.67
  • Subdivision Name: Carl King Farm
  • Directions: 220 South to Right on W Edgewood Circle. Property is on the right.
  • Year Built: 1978
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate
  • TRIADMLS_ApproxSqFtRange: 1500 - 1800
  • Basement YN: No
  • TRIADMLS_Storage: Outside Storage

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 7665676935
  • Zoning: RR
  • TRIADMLS_PlatPage: 113
  • TRIADMLS_PlatBook: 4
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 622.25
  • Tax Lot: 173-176
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.7527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Aug 15, 2023
Sold by
J Clark Investments Inc
Bought by
Yarborough Jeremiah
Seller's Agent
Deborah Perry
Great State Real Estate
Buyer's Agent
Tyler Mcleod
Elite Pro Properties
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
234
Current Estimated Value
$204,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,824
Avg. Annual Appreciation
8.52%
Original Mortgage
$166,920
Outstanding Balance
$162,931
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$41,893

Purchase Details

Closed on
Jun 22, 2016
Sold by
U S Bank Trust N A
Bought by
J Clark Investments Inc

Purchase Details

Closed on
Nov 11, 2015
Sold by
Mcdowell Jeffrey Lloyd and Mcdowell Catina C
Bought by
Us Bank Trust Na and Lsf8 Master Participation Trust

Purchase Details

Closed on
Oct 18, 2002
Bought by
Mcdowell Jeffrey L Mcdowell Catin

Purchase Details

Closed on
May 2, 1996
Bought by
Mcdowell Jeffrey L Mcdowell Catin

Purchase Details

Closed on
Mar 1, 1991
Bought by
Mcdowell Jeffrey L Mcdowell Catin
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
Yarborough Jeremiah $170,000 None Listed On Document
J Clark Investments Inc $35,000 None Available
Us Bank Trust Na $47,570 None Available
Mcdowell Jeffrey L Mcdowell Catin $71,000 --
Mcdowell Jeffrey L Mcdowell Catin $55,000 --
Mcdowell Jeffrey L Mcdowell Catin $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarborough Jeremiah $166,920
Closed Yarborough Jeremiah $8,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $170,000 -15.0% --
07/13/2023 07/13/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $199,900 -- --
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 $930 $118,680 $24,000 $94,680
2024 $930 $118,680 $24,000 $94,680
2023 $930 $113,540 $24,000 $89,540
2022 $622 $82,670 $20,000 $62,670
2021 $622 $82,670 $20,000 $62,670
2020 $622 $82,670 $20,000 $62,670
2019 $622 $82,670 $20,000 $62,670
2018 $622 $82,630 $18,380 $64,250
2016 $622 $82,628 $18,380 $64,248
2015 $624 $82,628 $18,610 $64,018
2014 $624 $82,628 $18,610 $64,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1107023

Triad MLS

APN: 7665-67-6935