NOT LISTED FOR SALE

1501 Arrow Wood Rd Asheboro, NC 27205

Estimated Value: $224,000 - $272,000

3 Beds
2 Baths
1,600 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $263,011 $164 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,449/month

7 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Attached Carport
  • Attic
  • No HOA
  • Outdoor Storage

About This Home

As of June 2024

Welcome home! This charming 3-bedroom ranch home invites you in with its classic brick exterior and a concrete driveway leading to a convenient carport. Enjoy lazy afternoons on the new back deck overlooking a shady fenced backyard, complete with Adirondack chairs and a cozy fire pit. Recently remodeled kitchen boasts sleek granite countertops and modern stainless-steel appliances. The original wood floors add warmth and character throughout. Large windows within the home provides generous amount of natural lighting. Primary bedroom features a stylish barn door entrance to the bath. With two storage buildings included within the fenced backyard, you'll have ample space for all your yard maintenance equipment. A partial basement adds versatility to the property as well. Located in a quiet and established neighborhood, this home offers tranquility while being conveniently close to downtown and highway access. Don't miss the opportunity to call 1501 Arrow Wood Road home!

Last Agent to Sell the Property

Sheena Petrozelle

Oak Leaf Properties of NC License #320519 Listed on: 02/12/2024

Last Buyer's Agent

Johnny Petrozelle

Oak Leaf Properties of NC License #270386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1958

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R15

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Unfinished Basement
  • Sump Pump
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Dixieland Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7760251841
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Subdivision Name: Dixieland Acres
  • Directions: From E Dixie Drive, turn left on Arrow Wood Rd, home will be on the left.
  • Above Grade Finished Sq Ft: 1450
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1450
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced, Partial, Privacy
  • Lot Features: City Lot, Level, Subdivided
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Paved, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Guy B Teachey
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: 7760251841
  • Zoning: R15
  • TRIADMLS_PlatPage: PA94
  • TRIADMLS_PlatBook: 7
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2755.39
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 15, 2024
Sold by
Weeks William Charles and Weeks Jana Leigh
Bought by
Hixon Richard and Hixon Peggy
Seller's Agent
Sheena Petrozelle
Oak Leaf Properties of NC
Buyer's Agent
Johnny Petrozelle
Oak Leaf Properties of NC
List Price
$259,900
Sold Price
$263,011
Premium/Discount to List
$3,111
1.2%
Views
103
Current Estimated Value
$253,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,886
Avg. Annual Appreciation
-2.54%
Original Mortgage
$209,385
Outstanding Balance
$206,385
Interest Rate
7.1%
Mortgage Type
VA
Estimated Equity
$46,740

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 13, 2022
Sold by
Moore Larry R
Bought by
Weeks William Charles and Weeks Jana Leigh
Seller's Agent
Robert Moran
RE/MAX Central Realty
Buyer's Agent
Sheena Petrozelle
Oak Leaf Properties of NC
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$230,000
Interest Rate
5.55%
Mortgage Type
VA

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 10, 2021
Sold by
Canter Patsy B and Canter Jayson M
Bought by
Moore Larry R
Seller's Agent
Robert Moran
RE/MAX Central Realty
Buyer's Agent
Robert Moran
RE/MAX Central Realty
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.80%
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
Hixon Richard $263,500 None Listed On Document
Weeks William Charles $230,000 --
Moore Larry R $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hixon Richard $209,385
Previous Owner Weeks William Charles $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $263,011 +1.2% $202 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $259,900 +13.0% $200 / Sq Ft
10/07/2022 10/07/22 Sold $230,000 0.0% $192 / Sq Ft View Prior Sale
09/23/2022 09/23/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $229,900 +129.9% $192 / Sq Ft
09/13/2021 09/13/21 Sold $100,000 -- $83 / Sq Ft View Prior Sale
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 $1,388 $205,650 $30,620 $175,030
2024 $2,755 $207,530 $30,620 $176,910
2023 $2,755 $207,530 $30,620 $176,910
2022 $1,491 $103,410 $24,390 $79,020
2021 $1,491 $103,410 $24,390 $79,020
2020 $1,491 $103,410 $24,390 $79,020
2019 $1,491 $103,410 $24,390 $79,020
2018 $1,397 $95,210 $18,870 $76,340
2016 $1,401 $95,206 $18,870 $76,336
2015 $1,403 $95,206 $18,870 $76,336
2014 -- $95,206 $18,870 $76,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1132133

Triad MLS

APN: 7760-25-1841