NOT LISTED FOR SALE

1494 W Lake Dr Asheboro, NC 27205

Estimated Value: $352,000 - $420,000

3 Beds
2 Baths
1,700 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $242,000 $142 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,162/month

43 Days on Market

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • Cul-De-Sac
  • Transitional Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2020

Beautiful brick ranch with tasteful updates and an open floor plan for UNDER 250K in West Asheboro! Located just steps from Lake Lucas in Sylvan Hills, the home has undergone recent renovations including new stainless appliances and granite in the kitchen, new light fixtures and new paint through out the home, and granite in bathrooms! Home has a great floor plan- master closet attaches to laundry room. Beautiful brickwork on home, patio and driveway. Oversized garage. Low taxes. Private location.

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 12/07/2019

Last Buyer's Agent

Deborah Perry

Great State Real Estate License #203274

Great State Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Schools

  • Asheboro High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7742530922
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: Various Calls
  • Subdivision Name: Sylvan Hills
  • Directions: From Downtown, Sunset Ave to Lexington Road, Right on West Lake Drive. Home is on right in Cul-De-Sac
  • Above Grade Finished Sq Ft: 1560
  • Architectural Style: Transitional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1560
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Asheboro

Lot Info

  • Parcel #: 7742530922
  • Zoning: RR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1692
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Feb 7, 2020
Sold by
May Phillip Lynn and Lemonds Rebecca C
Bought by
May Phillip Lynn and Lemonds Rebecca C
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Deborah Perry
Great State Real Estate
Sold Price
$242,000
Current Estimated Value
$380,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,325
Avg. Annual Appreciation
8.15%
Original Mortgage
$229,900
Outstanding Balance
$203,126
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$177,199

Purchase Details

Closed on
Apr 17, 2003
Bought by
Kennon Kenneth Nkennon Deborah B

Purchase Details

Closed on
Jan 26, 1999
Bought by
Kennon Kenneth Nkennon Deborah B

Purchase Details

Closed on
Sep 11, 1992
Bought by
Kennon Kenneth Nkennon Deborah B

Purchase Details

Closed on
Oct 8, 1987
Bought by
Kennon Kenneth Nkennon Deborah B
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
May Phillip Lynn -- None Available
May Phillip Lynn $242,000 None Available
Kennon Kenneth Nkennon Deborah B $168,500 --
Kennon Kenneth Nkennon Deborah B $28,000 --
Kennon Kenneth Nkennon Deborah B $16,500 --
Kennon Kenneth Nkennon Deborah B $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Phillip Lynn $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $242,000 -- $173 / 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 $1,923 $293,000 $55,000 $238,000
2024 $1,898 $293,000 $55,000 $238,000
2023 $1,898 $293,000 $55,000 $238,000
2022 $1,549 $212,200 $40,000 $172,200
2021 $1,952 $210,640 $40,000 $170,640
2020 $1,691 $186,530 $40,000 $146,530
2019 $1,691 $186,530 $40,000 $146,530
2018 $1,689 $181,130 $40,290 $140,840
2016 $1,671 $181,129 $40,290 $140,839
2015 $1,657 $181,129 $40,290 $140,839
2014 $1,645 $181,129 $40,290 $140,839
Source: Public Records

Agents Affiliated with this Home

  • Tyler Wilhoit

    Seller's Agent in 2020

    Tyler Wilhoit

    Tyler Redhead & McAlister Real Estate, LLC

    (336) 460-2495

    201 in this area

    392 Total Sales

    Tyler Wilhoit
    Section Image
  • Deborah Perry

    Buyer's Agent in 2020

    Deborah Perry

    Great State Real Estate

    13 in this area

    103 Total Sales

    Deborah Perry
    Section Image
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Map

Source: Triad MLS

MLS Number: 959699

Triad MLS

APN: 7742-53-0922

North Carolina Randolph County Asheboro 27205

1494 W Lake Dr, Asheboro, NC

Not Listed for Sale

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