NOT LISTED FOR SALE

1588 Sylvan Way Asheboro, NC 27205

Estimated Value: $760,000 - $831,000

4 Beds
4.5 Baths
4,700 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $610,000 $130 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,701/month

9 Days on Market

Highlights

  • 1.5 Acre Lot
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • French Provincial Architecture
  • Wood Flooring
  • Attic

About This Home

As of May 2018

Lake front property on Lake Lucas! Stunning 4 BR, 4 1/2 bath custom home has many features, new interior & exterior paint, custom stone work, arched doorways, some refinished hardwood floors, 9' ceilings, butlers pantry, spacious kitchen w/center island, sunroom w/beautiful views, den w/new cork floor, new carpets upstairs, all bedrooms have adjoining baths, double garage, huge floored attic. Water views from many rooms, stone patio w/great entertainment possibilities. Private lot overlooking Lake Lucas!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 04/12/2018

Last Buyer's Agent

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,752

Year Built

  • Built in 1988

Lot Details

  • 1.5 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • French Provincial Architecture
  • Stucco

Interior Spaces

  • 4,439 Sq Ft Home
  • 3,900-4,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Walk-In Attic
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sylvan Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 2406 / 55
  • Assessor Parcel Number 7742552406
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,752

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: Various Courses
  • Subdivision Name: Sylvan Hills
  • Directions: Old Lexington Rd, right on Lake Lucas Rd, right on Sylvan Way, home on left.
  • Above Grade Finished Sq Ft: 4439
  • Architectural Style: French Provincial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3900 - 4700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 519
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 4439
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Stucco
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Charles W. McCrary
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7742552406
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 416666.6667
  • TRIADMLS_PlatPage: 43
  • TRIADMLS_DeedPage: 1434
  • TRIADMLS_DeedBook: 1201
  • TRIADMLS_PlatBook: 26
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 4751.9
  • Tax Block: 55
  • Tax Lot: 2406
  • Tax Map Number: 7742
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 18, 2018
Sold by
Graham Timothy Tex and Graham Mandee Brook
Bought by
Thomas Homer Franklin
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$801,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,878
Avg. Annual Appreciation
3.00%
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thomas Homer Franklin $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Homer Franklin $10,000
Open Thomas Homer Franklin $541,000
Closed Thomas Homer Franklin $60,000
Closed Franklin Thomas Jr Homer $451,500
Closed Thomas Homer Franklin $453,100
Previous Owner Toledano Martha M $394,468
Previous Owner Toledano John Hall $417,000
Previous Owner Toledano John O Hall $75,000
Previous Owner Toledano John O H $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $610,000 -2.4% $156 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $625,000 +64.7% $160 / Sq Ft
10/19/2015 10/19/15 Sold $379,500 -22.5% $97 / Sq Ft
09/27/2015 09/27/15 Pending -- -- --
02/17/2014 02/17/14 For Sale $489,900 -- $126 / 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
2024 $5,141 $671,770 $90,750 $581,020
2023 $5,141 $671,770 $90,750 $581,020
2022 $4,533 $489,250 $58,630 $430,620
2021 $4,533 $489,250 $58,630 $430,620
2020 $4,436 $489,250 $58,630 $430,620
2019 $4,436 $489,250 $58,630 $430,620
2018 $4,843 $519,330 $58,140 $461,190
2016 $4,791 $519,333 $58,140 $461,193
2015 $4,752 $519,333 $58,140 $461,193
2014 $4,717 $519,333 $58,140 $461,193
Source: Public Records

Agents Affiliated with this Home

  • Vickie Gallimore

    Seller's Agent in 2018

    Vickie Gallimore

    RE/MAX

    (336) 953-9500

    430 in this area

    806 Total Sales

    Vickie Gallimore
    Section Image
  • Tyler Wilhoit

    Buyer's Agent in 2018

    Tyler Wilhoit

    Tyler Redhead & McAlister Real Estate, LLC

    (336) 460-2495

    217 in this area

    413 Total Sales

    Tyler Wilhoit
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 882045

Triad MLS

APN: 7742-55-2406

North Carolina Randolph County Asheboro 27205

1588 Sylvan Way, Asheboro, NC

This home is located at 1588 Sylvan Way, Asheboro, NC 27205 since 12 April 2018 and is currently estimated at $801,878, approximately $170 per square foot. This property was built in 1988. 1588 Sylvan Way is a home located in Randolph County with nearby schools including Charles W. McCrary Elementary School, North Asheboro Middle School, and Asheboro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes