NOT LISTED FOR SALE

1602 Timberlane Asheboro, NC 27205

Estimated Value: $278,000 - $333,000

3 Beds
2 Baths
2,600 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $295,000 $113 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,838/month

34 Days on Market

Highlights

  • Great Room with Fireplace
  • No HOA
  • Central Air
  • Wood Flooring
  • Attached Carport
  • Ceiling Fan

About This Home

As of May 2024

Welcome to this stunning large brick ranch home nestled in the charming Dixieland Acres community. Boasting hardwood floors throughout, this home exudes warmth and elegance. The spacious living room features exposed beams, built-in shelving, and a cozy fireplace, perfect for gatherings. This 3 Bedroom home has a extra large hallway to access all the rooms. A upstairs bonus room could function as a 4th bedroom, or office/playroom. The basement bonus room offers additional space for entertainment or relaxation. With a carport and garage, located in the basement, this home offers both functionality and charm. The home is situated on a sizable lot, offering ample space for outdoor activities. Enjoy the convenience of being nestled in the heart of Asheboro, with easy access to nearby stores and shopping destinations. Don't miss the opportunity to make this your dream home! Schedule an appointment for a viewing today and discover the possibilities that await you.

Last Agent to Sell the Property

Robin Minter

Howard Hanna Allen Tate-Asheboro License #324299 Listed on: 03/14/2024

Howard Hanna Allen Tate-Asheboro

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1963

Lot Details

  • 0.73 Acre Lot

Parking

  • 3 Car Garage
  • Attached Carport
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,416 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Partially Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Dixieland Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7760353473
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Subdivision Name: Dixieland Acres
  • Directions: From Hwy 64, turn onto Kenmore St, left onto Mackie Ave, right onto Timberlane home will be on the right!
  • Above Grade Finished Sq Ft: 2416
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1963
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Built-In Range, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 2416
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Garage, Paved, Attached Carport, Basement
  • Garage Description: Attached Carport, Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Security: Security System
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7760353473
  • Zoning: RES
  • TRIADMLS_PlatPage: 98
  • TRIADMLS_PlatBook: 12
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2864.1
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 11, 2024
Sold by
Whaley Gracie and Whaley Matthew
Bought by
Tomas Francisco Francisco and Tomas Jime Francisco
Seller's Agent
Robin Minter
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%
Views
303
Current Estimated Value
$306,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,586
Avg. Annual Appreciation
2.60%
Original Mortgage
$285,154
Outstanding Balance
$280,845
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$25,741

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 11, 2022
Sold by
Allred Grace Jones and Allred Clara J
Bought by
Whaley Gracie and Whaley Matthew
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Robin Minter
Howard Hanna Allen Tate-Asheboro
List Price
$235,000
Sold Price
$235,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$210,000
Interest Rate
7.38%
Mortgage Type
New Conventional
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
Tomas Francisco Francisco $295,000 None Listed On Document
Whaley Gracie $235,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomas Francisco Francisco $285,154
Previous Owner Whaley Gracie $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $295,000 -4.5% $140 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/07/2024 04/07/24 Price Changed $309,000 -3.1% $147 / Sq Ft
03/14/2024 03/14/24 For Sale $319,000 +35.7% $152 / Sq Ft
11/07/2022 11/07/22 Sold $235,000 0.0% $112 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $235,000 -- $112 / 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 $2,683 $202,410 $36,720 $165,690
2024 $2,864 $216,110 $36,720 $179,390
2023 $2,864 $216,110 $36,720 $179,390
Source: Public Records

Agents Affiliated with this Home

  • Robin Minter

    Seller's Agent in 2024

    Robin Minter

    Howard Hanna Allen Tate-Asheboro

    (336) 302-4654

    15 in this area

    32 Total Sales

    Robin Minter
    Section Image
  • Vickie Gallimore

    Seller's Agent in 2022

    Vickie Gallimore

    RE/MAX

    (336) 953-9500

    429 in this area

    811 Total Sales

    Vickie Gallimore
    Section Image
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Map

Source: Triad MLS

MLS Number: 1135979

Triad MLS

APN: 7760-35-3473

North Carolina Randolph County Asheboro 27205

1602 Timberlane, Asheboro, NC

Not Listed for Sale

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