NOT LISTED FOR SALE

1628 Old Farmer Rd Asheboro, NC 27205

Estimated Value: $95,000 - $149,000

2 Beds
1 Bath
800 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $68,000 $85 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $741/month

18 Days on Market

Highlights

  • 1.16 Acre Lot
  • Porch
  • Wood Siding
  • No HOA
  • Outdoor Storage
  • Carpet

About This Home

As of February 2023

MULTIPLE OFFERS! Listed Under Tax Value! Opportunity Awaits in Rushwood Park Subdivision in Asheboro! Tons of Potential in this 2 Bedroom and 1 Bath Home. Nice sized Kitchen just off the Living Room. Screened in Porch at the Back of the Home and Sits on Just Over 1 Acre with a Storage Building. Lot Size taken from Tax Card. Home has Public Water and Septic. No Septic Records found with County. Offer Instructions are in the Agent Only Section.

Last Agent to Sell the Property

Tracey Shrouder

360 Realty License #239529 Listed on: 01/19/2023

Co-Listed By

Vicki Crowdus

360 Realty License #282865

Last Buyer's Agent

Micaela Tosi

360 Realty License #293004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1930

Lot Details

  • 1.16 Acre Lot
  • Property is zoned RR

Home Design

  • Wood Siding

Interior Spaces

  • 694 Sq Ft Home
  • 600-800 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • Rushwood Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7751104446
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Lot Size: Buyer to Verify w/Survey
  • Co List Office Mls Id: GTSR01
  • Co List Office Phone: 336-505-1080
  • Subdivision Name: Rushwood Park
  • Directions: Take I-73 and Take exit 72B. Continue onto US-220 S. Continue onto I-73/US-220 S. Take exit 72B toward U.S-64 W/North Carolina 49. Turn right onto Albemarle Rd. Turn right onto Lewallen Rd. Turn left onto Old Farmer Rd. Home will be on the right.
  • Above Grade Finished Sq Ft: 694
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1930
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Remarks
  • Flooring: Carpet, See Remarks, Vinyl
  • Interior Amenities: See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 694
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Remarks
  • Fencing: None
  • Pool Features: None
  • Construction Type: See Remarks, Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank, Remarks
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Remarks, Window Unit(s)
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7751104446
  • Zoning: RR
  • TRIADMLS_PricePerAcre: 58620.6897
  • TRIADMLS_PlatPage: 233
  • TRIADMLS_DeedPage: 00436
  • TRIADMLS_DeedBook: 001886
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 606
  • Tax Lot: 1
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 24, 2023
Sold by
Reo Trust
Bought by
Rubio Bentura Cerbantes
Seller's Agent
Tracey Shrouder
360 Realty
Buyer's Agent
Micaela Tosi
360 Realty
List Price
$59,900
Sold Price
$68,000
Premium/Discount to List
$8,100
13.52%
Views
346
Current Estimated Value
$126,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,865
Avg. Annual Appreciation
30.54%

Purchase Details

Closed on
Nov 17, 2022
Sold by
Substitute Trustee Services Inc
Bought by
Reo 2021-Nr4 Llc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Canter Jeffrey G
Bought by
Canter Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1994
Bought by
Canter Kimberly S

Purchase Details

Closed on
Jul 29, 1992
Bought by
Canter Kimberly S

Purchase Details

Closed on
Apr 16, 1992
Bought by
Canter Kimberly S

Purchase Details

Closed on
Apr 26, 1991
Bought by
Canter Kimberly S

Purchase Details

Closed on
Apr 14, 1988
Bought by
Canter Kimberly S
Source: Public Records

Range of Values:

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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
Rubio Bentura Cerbantes $68,000 --
Reo Trust -- --
Reo 2021-Nr4 Llc $30,000 --
Canter Kimberly S -- --
Canter Kimberly S $37,500 --
Canter Kimberly S $33,500 --
Canter Kimberly S $34,000 --
Canter Kimberly S $37,000 --
Canter Kimberly S $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canter Kimberly S $19,134
Previous Owner Canter Kimberly S $15,710
Previous Owner Canter Kimberly $45,650
Previous Owner Canter Kimberly S $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $68,000 +13.5% $113 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $59,900 -- $100 / 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 $677 $88,520 $34,260 $54,260
2023 $677 $88,520 $34,260 $54,260
2022 $606 $65,420 $23,880 $41,540
2021 $606 $65,420 $23,880 $41,540
2020 $593 $65,420 $23,880 $41,540
2019 $593 $65,420 $23,880 $41,540
2018 $517 $55,440 $27,790 $27,650
2016 $511 $55,444 $27,790 $27,654
2015 $507 $55,444 $27,790 $27,654
2014 -- $55,444 $27,790 $27,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1094421

Triad MLS

APN: 7751-10-4446