NOT LISTED FOR SALE

1562 Lake Country Drive Extension Asheboro, NC 27205

Estimated Value: $428,000 - $652,000

3 Beds
3 Baths
3,500 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $450,000 $129 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,355/month

23 Days on Market

Highlights

  • 4.94 Acre Lot
  • Partially Wooded Lot
  • 1 Fireplace
  • Secluded Lot
  • Wood Flooring
  • No HOA

About This Home

As of November 2021

BACK ON MARKET!!Do you Want to live as if you are on vacation in the mountains year round?Here is your chance!Beautiful custom log estate w/all the bells & whistles with gated entry!!Kit has granite countertops w/ all appliances included. Kitchen opens up to breakfast area & beautiful living room with high ceiling, fireplace & large bay window. Living room has doors out to the sunroom will gas logs which leads out to the deck.Primary and 2nd BRs on main floor.The loft overlooks the Living room & has built-in shelving.3rd Bedroom upstairs and Bonus room has a closet.You go downstairs from the main floor to find a mudroom & entertainment room with a bar area.You walk out to the garage from the mudroom to find a HUGE storage room with TONS OF STORAGE. Now we come to the outside.Detached 2 car heated garage.Storage building and a 42X26 heated & cooled workshop with operational paint booth w/three garage bays. Don't Forget the generator!! All this & wintertime views of Lake Lucas!!

Last Agent to Sell the Property

Rhonda Turbyfill

Coldwell Banker Advantage License #171840 Listed on: 08/25/2021

Coldwell Banker Advantage

Last Buyer's Agent

Rhonda Turbyfill

Coldwell Banker Advantage License #171840 Listed on: 08/25/2021

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1991

Lot Details

  • 4.94 Acre Lot
  • Lot Dimensions are 153.68 x 805.81 x 206.25 x 780.23
  • Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned RE

Parking

  • 7 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 3,242 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Private Water Source
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lake Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7742659298
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,168

Year Built

Built in 1991

Lot Details

0

Parking

7

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.94
  • Lot Size: 153.68 x 805.81 x 206.25 x 780.23
  • Subdivision Name: Lake Country
  • Directions: I-73/74, Take Spero Rd Exit, L on Tory Ln, L on Akins St, Akins St turns right and becomes Lake Ctry Dr, L on Lake Ctry Dr Ext, Home will be on the left.
  • Above Grade Finished Sq Ft: 3242
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1991
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Trash Compactor, Cooktop, Dishwasher, Range Hood, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Vaulted Ceiling(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, See Remarks
  • Fireplaces: 1
  • Living Area: 3242
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Natural Land, Partially Wooded, Rolling Slope, Secluded, Sloped, Wooded
  • Pool Features: None
  • Construction Type: Log
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 7
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Basement, Detached
  • Garage Description: Attached Garage, Basement Garage, Detached Garage

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Multiple Systems
  • Heating: Forced Air, Propane
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas
  • Energy Features: Generator

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7742659298
  • Zoning: RE
  • TRIADMLS_PlatPage: 9
  • TRIADMLS_PlatBook: 157
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 3168
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 2, 2021
Sold by
Kilbourne Robert
Bought by
Gundlach Jack L and Gundlach Lynette K
Seller's Agent
Rhonda Turbyfill
Coldwell Banker Advantage
Buyer's Agent
Rhonda Turbyfill
Coldwell Banker Advantage
Sold Price
$450,000
Current Estimated Value
$576,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,546
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Mar 2, 2021
Sold by
Kilbourne Robert
Bought by
Gundlach Jack L and Gundlach Lynette K

Purchase Details

Listed on
Feb 17, 2019
Closed on
Jul 24, 2019
Sold by
Horsfall John D and Horsfall Pamala
Bought by
Kilbourne Robert
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Rhonda Turbyfill
Coldwell Banker Advantage
Sold Price
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$307,692
Interest Rate
3.73%
Mortgage Type
FHA
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
Gundlach Jack L $450,000 None Available
Gundlach Jack L $450,000 None Listed On Document
Kilbourne Robert $378,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilbourne Robert $307,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $450,000 +19.0% $155 / Sq Ft
11/07/2019 11/07/19 Off Market $378,000 -- --
08/09/2019 08/09/19 Sold $378,000 -- $122 / 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 $3,832 $492,940 $101,900 $391,040
2024 $3,782 $492,940 $101,900 $391,040
2023 $3,782 $492,940 $101,900 $391,040
2022 $3,274 $353,380 $67,050 $286,330
2021 $3,238 $348,910 $67,050 $281,860
2020 $3,168 $348,910 $67,050 $281,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1039947

Triad MLS

APN: 7742-65-9298