NOT LISTED FOR SALE

1962 Lakeview Rd Unit A,B,C,D Asheboro, NC 27203

Estimated Value: $229,000 - $357,000

-- Bed
4 Baths
-- Sq Ft
0.28 Acres

Last Sold December 12, 2017

Last sale price $87,500

Est. 227% increase in value since last sale

Current estimated payment $1,747/month

447 Days on Market

About This Home

As of December 2017

Investor Alert! Quadplex or 4 Units, 3456 SQ FT, Seller agrees to sell 1962 for this price only if buying 1966 also.

Last Agent to Sell the Property

Dan Anderson

Anderson Realty & Investments Listed on: 09/07/2016

Last Buyer's Agent

Dan Anderson

Anderson Realty & Investments Listed on: 09/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1980

Lot Details

  • 0.28

Home Design

  • Quadruplex

Schools

  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 7762495260
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 3,456 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gross Income $13,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Directions: 220 Business North TR on E Central Ave TL on Lakeview Rd Property on RT.
  • Architectural Style: Two Story
  • Year Built: 1980
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 3100 - 3700

Exterior Features

  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Asheboro

Lot Info

  • Parcel #: 7762495260
  • Zoning: R
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 13140
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 1351.73
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.4675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Corey Cainas
Bought by
Gazzilla Corp
Current Estimated Value
$285,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$134,051
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$151,896

Purchase Details

Closed on
Dec 2, 2019
Sold by
Richards Mark B and Richards Angelica
Bought by
Caines Corey

Purchase Details

Closed on
Jan 11, 2013
Sold by
Tla Family Lp
Bought by
Richards Mark B and Richards Angelica

Purchase Details

Closed on
Jul 13, 2007
Sold by
Kiner Asheboro Properties Llc
Bought by
Richards Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Gazzilla Corp $180,000 None Listed On Document
Caines Corey $82,000 None Available
Richards Mark B -- None Available
Richards Mark $256,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gazzilla Corp $144,000
Previous Owner Richards Mark $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2017 12/12/17 Sold $87,500 -12.4% --
11/29/2017 11/29/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $99,900 -- --
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 $2,891 $218,120 $40,000 $178,120
2024 $2,891 $218,120 $40,000 $178,120
2023 $2,891 $218,120 $40,000 $178,120
2022 $1,185 $82,200 $24,000 $58,200
2021 $1,185 $82,200 $24,000 $58,200
2020 $1,185 $82,200 $24,000 $58,200
2019 $1,185 $82,200 $24,000 $58,200
2018 $1,352 $92,110 $24,000 $68,110
2016 $1,352 $92,111 $24,000 $68,111
2015 $1,354 $92,111 $24,000 $68,111
2014 $1,563 $108,908 $24,000 $84,908
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Anderson

    Anderson Realty & Investments

    (336) 633-0019

    28 in this area

    73 Total Sales

    Dan Anderson
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Map

Source: Triad MLS

MLS Number: 806932

Triad MLS

APN: 7762-49-5260

North Carolina Randolph County Asheboro 27203

1962 Lakeview Rd Unit A,B,C,D, Asheboro, NC

Not Listed for Sale

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