NOT LISTED FOR SALE

1616 Pepperidge Rd Asheboro, NC 27205

Estimated Value: $207,045 - $262,000

-- Bed
2 Baths
1,648 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $110,000 $67 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,356/month

173 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet

About This Home

As of March 2019

Great Investment Property, Duplex has 2BR and 1 Bath each side. Laundry area, Great Condition. Appliances remain being Range, Ref. DW in each side. Stable Rents. Rental per side is $575. NEW CARPETS. IN GOOD CONDITION! Attention Brokers: If you want to show property please give us 24 hours or more so we can have time to go post each door to give a FULL 24 hour notice we will be coming in.

Last Agent to Sell the Property

NormaJean Auman

Homeland Realty Listed on: 08/28/2018

Last Buyer's Agent

Billie Dunning

RE/MAX Central Realty License #148271

RE/MAX Central Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1989

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 242 x 100
  • Sloped Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Community Details

  • No Home Owners Association
  • 1,648 Sq Ft Building

Listing and Financial Details

  • Tax Lot 39-42
  • Assessor Parcel Number 7760257270
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,633

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Lot Size: 242 x 100
  • Directions: Dixie Drive East, right on Kenmore, left, right on Pepperidge Road, Duplex on right. No Sign
  • Architectural Style: Garden
  • Building Stories: 1
  • Year Built: 1989
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 1400 - 1800

Exterior Features

  • Lot Features: Sloped
  • Pool Features: None
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Total Parking Spaces: 4
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: 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 #: 7760257270
  • Zoning: R-10
  • TRIADMLS_PlatPage: 15
  • TRIADMLS_PlatBook: 8
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1633.33
  • Tax Lot: 39-42
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Mar 18, 2019
Sold by
Wallace John Davis and Wallace Marian G
Bought by
Juarez Jennifer
Seller's Agent
NormaJean Auman
Homeland Realty
Buyer's Agent
Billie Dunning
RE/MAX Central Realty
List Price
$122,000
Sold Price
$110,000
Premium/Discount to List
-$12,000
-9.84%
Current Estimated Value
$225,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,261
Avg. Annual Appreciation
11.27%
Original Mortgage
$70,000
Outstanding Balance
$61,417
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$163,844

Purchase Details

Closed on
Sep 11, 2003
Bought by
Wallace John Wallace Marian G

Purchase Details

Closed on
Aug 28, 1990
Bought by
Wallace John Wallace Marian G

Purchase Details

Closed on
Sep 25, 1989
Bought by
Wallace John Wallace Marian G
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
Juarez Jennifer $110,000 None Available
Wallace John Wallace Marian G $106,000 --
Wallace John Wallace Marian G -- --
Wallace John Wallace Marian G $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Jennifer $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $110,000 -9.8% $67 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
08/28/2018 08/28/18 For Sale $122,000 -- $74 / 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 $2,038 $151,000 $33,920 $117,080
2024 $2,028 $151,000 $33,920 $117,080
2023 $2,028 $151,000 $33,920 $117,080
2022 $1,562 $108,320 $26,450 $81,870
2021 $1,562 $108,320 $26,450 $81,870
2020 $1,562 $108,320 $26,450 $81,870
2019 $1,562 $108,320 $26,450 $81,870
2018 $1,633 $111,300 $23,810 $87,490
2016 $1,633 $111,301 $23,810 $87,491
2015 $1,636 $111,301 $23,810 $87,491
2014 -- $111,301 $23,810 $87,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 901028

Triad MLS

APN: 7760-25-7270