NOT LISTED FOR SALE

1508 Burney Rd Asheboro, NC 27205

Estimated Value: $271,058

2 Beds
1 Bath
1,300 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $80,000 $62 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,550/month

26 Days on Market

Highlights

  • Attic
  • No HOA
  • Outdoor Storage
  • Sycamore Elementary School Rated A
  • 2 Car Detached Garage
  • Central Air

About This Home

As of April 2017

Charming home in the country with large cinder block garage on 4.7 acres! This property also features an additional well and septic hookup that would be great for a rental property or would make it easy to have family next door! The garage is large enough to house or work on multiple vehicles and the yard has plenty of room to play or have that garden you have been wanting! Low maintenance metal roof and carport attached.

Last Agent to Sell the Property

Jason Robbins

RE/MAX Central Realty License #205328 Listed on: 02/10/2017

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1940

Lot Details

  • 4.17 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Southwestern Randolph Middle School
  • Southwestern Randolph High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7655594131
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.17
  • Lot Size: various
  • Subdivision Name: None
  • Directions: Take Hwy 220 alt south toward Seagrove, then turn right on Burney Rd, then home will be on the right before you get to New Hope Church Rd.
  • Above Grade Finished Sq Ft: 1224
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1224
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • 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 #: 7655594131
  • Zoning: RA
  • TRIADMLS_AcresRange: 4 - 4

Tax Info

  • Tax Annual Amount: 504
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.7525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 12, 2017
Sold by
King Paul J and King Lucy
Bought by
Lewis Ralph and Lewis Debbie
Seller's Agent
Jason Robbins
RE/MAX Central Realty
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Current Estimated Value
$271,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,058
Avg. Annual Appreciation
15.21%
Original Mortgage
$78,551
Outstanding Balance
$65,012
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$206,046

Purchase Details

Closed on
Jul 29, 2015
Sold by
King James Edward
Bought by
King Jams Edward and King Paul J
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
Lewis Ralph $80,000 None Available
Lewis Ralph $80,000 None Available
King Jams Edward $500 None Available
King Jams Edward $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ralph $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2017 04/17/17 Sold $80,000 -15.7% $73 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $94,900 -- $86 / 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 $1,411 $225,950 $31,500 $194,450
2024 $1,411 $225,950 $31,500 $194,450
2023 $1,411 $225,950 $31,500 $194,450
2022 $1,125 $148,190 $16,200 $131,990
2021 $175 $21,900 $16,200 $5,700
2020 $571 $74,520 $16,200 $58,320
2019 $571 $74,520 $16,200 $58,320
2018 $504 $66,990 $16,200 $50,790
2016 $504 $66,988 $16,200 $50,788
2015 $276 $66,988 $16,200 $50,788
2014 -- $67,068 $16,200 $50,868
Source: Public Records

Agents Affiliated with this Home

  • Jason Robbins

    Seller's Agent in 2017

    Jason Robbins

    RE/MAX

    (336) 465-2321

    194 Total Sales

    Jason Robbins
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Map

Source: Triad MLS

MLS Number: 820954

Triad MLS

APN: 7655-59-4131

North Carolina Randolph County Asheboro 27205

1508 Burney Rd, Asheboro, NC

Not Listed for Sale

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