NOT LISTED FOR SALE

1936 Spero Rd Asheboro, NC 27205

Estimated Value: $240,000 - $262,000

2 Beds
1 Bath
1,400 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $110,000 $79 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,433/month

96 Days on Market

Highlights

  • Barn
  • Partially Wooded Lot
  • Stone Flooring
  • 2.5 Acre Lot
  • No HOA
  • Outdoor Storage

About This Home

As of January 2019

This house is just the right size for a small family, or a couple needing single level living. IN addition to 2 quiet bedrooms, there's lots of room for family gathering! Great yard, lot with 2nd permitted septic field! The family has maintained this home with love, and they freshened it up for the next owners. 2 story barn, lots of parking. Desirable location: SPERO Rd! No city taxes! And the 2.5 acres wooded lot, potential timber? The ramp the owner's church built at side entrance conveys if desired.

Last Buyer's Agent

Angela Hoke

RE/MAX Executive License #247515

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1959

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 131 x 184 x 912 x 51 x 869 x 174
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned RE

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,276 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7753025495
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,150

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Lot Size: 131 x 184 x 912 x 51 x 869 x 174
  • Subdivision Name: None
  • Directions: From Asheboro, travel North on Interstate 73/74, take Spero Rd exit, turn left to cross over the interstate, the home will be on the right.
  • Above Grade Finished Sq Ft: 1276
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate, Stone, Vinyl
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Has Basement: Unfinished, Basement, Cellar, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Den, See Remarks
  • Fireplaces: 1
  • Living Area: 1276
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Partially Wooded, Sloped, Wooded
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Paved, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Private Sewer, Septic Tank, Remarks
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Oil, Propane
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Oil, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7753025495
  • Zoning: RE
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 1150
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.9325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Dec 14, 2018
Sold by
Farlow Michael E and Farlow Molly F
Bought by
Mccall Frederick Darrell and Mccall Sherry
Buyer's Agent
Angela Hoke
RE/MAX Executive
List Price
$164,900
Sold Price
$110,000
Premium/Discount to List
-$54,900
-33.29%
Current Estimated Value
$251,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,304
Avg. Annual Appreciation
12.74%
Original Mortgage
$112,365
Outstanding Balance
$98,802
Interest Rate
4.8%
Mortgage Type
VA
Estimated Equity
$152,502
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
Mccall Frederick Darrell $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Frederick Darrell $112,365
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $110,000 -33.3% $100 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $164,900 -- $150 / 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 $1,321 $169,680 $46,950 $122,730
2024 $1,304 $169,680 $46,950 $122,730
2023 $1,304 $169,680 $46,950 $122,730
2022 $1,105 $118,670 $34,000 $84,670
2021 $1,105 $118,670 $34,000 $84,670
2020 $1,081 $118,670 $34,000 $84,670
2019 $1,190 $130,690 $34,000 $96,690
2018 $1,154 $123,330 $34,000 $89,330
2016 $1,141 $123,332 $34,000 $89,332
2015 $1,132 $123,332 $34,000 $89,332
2014 -- $123,332 $34,000 $89,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 899608

Triad MLS

APN: 7753-02-5495