NOT LISTED FOR SALE

1640 Westchapel Rd Asheboro, NC 27205

Estimated Value: $144,000 - $208,000

2 Beds
1 Bath
973 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $75,000 $77 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,032/month

38 Days on Market

Highlights

  • 0.91 Acre Lot
  • Wood Flooring
  • No HOA
  • Sycamore Elementary School Rated A
  • Attic
  • Attached Carport

About This Home

As of August 2012

USDA Eligible!!! Great location west of Asheboro right off 64. New heat pump, new laminate in kitchen, hardwoods in both bedrooms refinished, new carpet, metal roof, thermal pane tilt-in windows, freshly painted, attached 1 car carport, screened porch, storage building, full basement. Owner offering 1 year home warranty!!

Last Buyer's Agent

Greg Bryant

RE/MAX Central Realty License #202401

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1968

Lot Details

  • 0.91 Acre Lot
  • Property is zoned R-15

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 973 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Free-Standing Range
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Uwharrie Middle School
  • Southwest High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Max Small Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7740592617
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Subdivision Name: Max Small
  • Directions: From Asheboro Hiway 64 West,turn right on Westchapel Rd. Home on right.
  • Above Grade Finished Sq Ft: 973
  • Unit Levels: One
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 973
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 973
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tabernacle
  • High School: Southwest
  • Middle Or Junior School: Uwharrie

Lot Info

  • Parcel #: 7740592617
  • Zoning: R-15
  • TRIADMLS_PlatPage: 38
  • TRIADMLS_PlatBook: 108

Tax Info

  • Tax Annual Amount: 514.78
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 28, 2012
Sold by
Lawrence Jane B and Lawrence Criag A
Bought by
Boswell Caren F
Buyer's Agent
Greg Bryant
RE/MAX Central Realty
List Price
$82,900
Sold Price
$75,000
Premium/Discount to List
-$7,900
-9.53%
Current Estimated Value
$182,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,493
Avg. Annual Appreciation
6.93%
Original Mortgage
$76,530
Outstanding Balance
$52,716
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$129,777

Purchase Details

Listed on
Oct 3, 2011
Closed on
Jan 12, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Lawrence Jane B and Lawrence Craig A
Seller's Agent
David Dalton
TRIAD HOMES REALTY, INC.
List Price
$58,000
Sold Price
$39,000
Premium/Discount to List
-$19,000
-32.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.39%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 12, 2011
Sold by
Hamilton Kathleen H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 19, 2006
Sold by
Small John Max and Small Edith S
Bought by
Hamilton Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,606
Interest Rate
6.31%
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
Boswell Caren F $75,000 None Available
Lawrence Jane B -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $83,857 None Available
Hamilton Kathleen $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boswell Caren F $76,530
Previous Owner Hamilton Kathleen $81,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2012 08/28/12 Sold $75,000 -9.5% $77 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $82,900 +112.6% $85 / Sq Ft
01/23/2012 01/23/12 Sold $39,000 -32.8% $43 / Sq Ft View Prior Sale
12/12/2011 12/12/11 Pending -- -- --
10/03/2011 10/03/11 For Sale $58,000 -- $63 / 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 $852 $129,030 $29,120 $99,910
2024 $776 $119,310 $29,120 $90,190
2023 $776 $119,310 $29,120 $90,190
2022 $633 $80,920 $18,200 $62,720
2021 $633 $80,920 $18,200 $62,720
2020 $617 $80,920 $18,200 $62,720
2019 $619 $81,110 $18,200 $62,910
2018 $600 $76,670 $16,380 $60,290
2016 $592 $76,669 $16,380 $60,289
2015 $587 $76,669 $16,380 $60,289
2014 $581 $76,669 $16,380 $60,289
Source: Public Records

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Map

Source: Triad MLS

MLS Number: 643555

Triad MLS

APN: 7740-59-2617