NOT LISTED FOR SALE

1490 W Lake Dr Asheboro, NC 27205

Estimated Value: $386,000 - $446,000

3 Beds
2.5 Baths
2,200 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $295,000 $134 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,368/month

71 Days on Market

Highlights

  • 2.92 Acre Lot
  • No HOA
  • Kitchen Island
  • Engineered Wood Flooring

About This Home

As of January 2023

A rare find in west Asheboro, this spacious 3 bedroom home has a perfect balance of space and coziness. Nestled at the end of a quiet street on 2.9 acres outside city limits yet with access to city schools. The open kitchen, dining, and living areas are bright and airy, with a vaulted ceiling in the dining/great room area. The kitchen has a great pantry space and a highly efficient island and counter space area. Enjoy peaceful mornings on the front porch, and cool evenings on the patio.

Last Agent to Sell the Property

Waynette Araj

Berkshire Hathaway HomeServices Yost & Little Realty License #218878 Listed on: 09/27/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 2010

Lot Details

  • 2.92 Acre Lot
  • Property is zoned RE

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,055 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7742531793
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.92
  • Subdivision Name: Sylvan Hills
  • Directions: From US 220 South, take exit 74. Turn right toward Old Lexington Rd. In 2.8 miles, turn right onto West Lake Dr. The home will be on the right.
  • Above Grade Finished Sq Ft: 2055
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2010
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Flooring: Carpet, Engineered, Tile
  • Interior Amenities: Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2055
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7742531793
  • Zoning: RE
  • TRIADMLS_PlatBook: 24-17
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 2141
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jan 13, 2023
Sold by
West Darren K and West Peggy
Bought by
Turner Robby Lee and Turner Beth Currie
Seller's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$375,000
Sold Price
$295,000
Premium/Discount to List
-$80,000
-21.33%
Views
159
Current Estimated Value
$410,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,747
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
May 25, 2011
Sold by
King Glenn R
Bought by
Phillips West Darren K and Phillips West Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
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
Turner Robby Lee $295,000 --
Turner Robby Lee $295,000 None Listed On Document
Phillips West Darren K $160,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips West Darren K $160,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2023 01/23/23 Sold $295,000 -18.1% $164 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $360,000 -4.0% $200 / Sq Ft
09/27/2022 09/27/22 For Sale $375,000 -- $208 / 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 $2,457 $316,970 $76,120 $240,850
2024 $2,426 $316,970 $76,120 $240,850
2023 $2,426 $316,970 $76,120 $240,850
2022 $2,141 $231,060 $59,200 $171,860
2021 $2,141 $231,060 $59,200 $171,860
2020 $2,095 $231,060 $59,200 $171,860
2019 $2,095 $231,060 $59,200 $171,860
2018 $2,027 $217,400 $54,930 $162,470
2016 $2,006 $217,398 $54,930 $162,468
2015 $1,987 $217,168 $54,700 $162,468
2014 $1,973 $217,168 $54,700 $162,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1085487

Triad MLS

APN: 7742-53-1793