NOT LISTED FOR SALE

1872 Old Farmer Rd Asheboro, NC 27205

Estimated Value: $105,218 - $200,000

2 Beds
1 Bath
719 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $16,525 $23 Per Sq Ft

Est. 726% increase in value since last sale

Current estimated payment $759/month

2 Days on Market

Highlights

  • No HOA
  • Asbestos
  • Carpet
  • Cottage

About This Home

As of October 2014

Just outside Asheboro city limits. This 2 bedroom home needs TLC. Great investment property. Additional 20 x 16 building. No heating system. Selling As Is. Tax value & taxes estimated by tax department.

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/24/2014

RE/MAX Central Realty

Last Buyer's Agent

Jane Yates

RE/MAX Central Realty License #210555

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $397

Year Built

  • Built in 1950

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 100 x 336 x 99 x 325

Parking

  • No Garage

Home Design

  • Cottage
  • Asbestos

Interior Spaces

  • 719 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • No Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7967 / 09
  • Assessor Parcel Number Portion of 7750097967
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$397

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 100 x 336 x 99 x 325
  • Directions: Hwy 64 west, right on Old Farmer Road, house on left.
  • Above Grade Finished Sq Ft: 719
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 719
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 719
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Asbestos
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: None
  • Heating: See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Donna Lee Loflin
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: Portion of 7750097967
  • Zoning: Residential
  • TRIADMLS_PlatPage: 53
  • TRIADMLS_PlatBook: 141

Tax Info

  • Tax Annual Amount: 396.54
  • Tax Block: 09
  • Tax Lot: 7967
  • Tax Map Number: 7750
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Oct 1, 2014
Sold by
Cypress Partnership Llc
Bought by
Jaimes Belem
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Jane Yates
RE/MAX Central Realty
List Price
$16,500
Sold Price
$16,525
Premium/Discount to List
$25
0.15%
Current Estimated Value
$136,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,030
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Davis Farrell R and Davis Joyce A
Bought by
First Troy Spe Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jaimes Belem $17,000 None Available
First Troy Spe Llc $25,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $16,525 +0.2% $23 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $16,500 -- $23 / 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 $483 $62,240 $28,860 $33,380
2024 $476 $62,240 $28,860 $33,380
2023 $476 $62,240 $28,860 $33,380
2022 $389 $41,960 $19,530 $22,430
2021 $389 $41,960 $19,530 $22,430
2020 $380 $41,960 $19,530 $22,430
2019 $380 $41,960 $19,530 $22,430
2018 $318 $34,070 $19,530 $14,540
2016 $314 $34,073 $19,530 $14,543
2015 $312 $34,073 $19,530 $14,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 719960

Triad MLS

APN: 7750-09-7914