NOT LISTED FOR SALE

1966 Lakeview Rd Asheboro, NC 27203

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

-- Bed
4 Baths
-- Sq Ft
0.29 Acres

Last Sold December 12, 2017

Last sale price $87,500

Est. 231% increase in value since last sale

Current estimated payment $1,763/month

447 Days on Market

About This Home

As of December 2017

Investor! This Quadplex or 4 unit Building has 3 units already Rented, 3456 SQ FT, at this price to buy 1966 must buy 1962 Lakeview Rd.

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

  • $1,289

Year Built

  • Built in 1978

Lot Details

  • 0.29

Home Design

  • Quadruplex

Schools

  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • 0.29 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 7762496233
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association

Building Details

  • 3 Leased Units
  • Gross Income $12,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,289

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: .
  • Directions: 220 Business North TR on E Central Ave TL on Lakeview Rd Property on RT.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1978
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater

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 #: 7762496233
  • 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: 12960
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 1289.22
  • 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
$289,447

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
$155,396

Purchase Details

Closed on
Mar 8, 2019
Sold by
Richards Mark B and Richards Angelica
Bought by
Cainas Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,416
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2013
Sold by
Tla Family Lp
Bought by
Richards Mark B and Richards Angelica
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
Cainas Corey $82,000 Solidifi Title And Closing L
Richards Mark B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gazzilla Corp $144,000
Previous Owner Cainas Corey $80,416
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 $2,872 $216,730 $40,000 $176,730
2024 $2,872 $216,730 $40,000 $176,730
2023 $2,872 $216,730 $40,000 $176,730
2022 $1,142 $79,240 $24,000 $55,240
2021 $1,142 $79,240 $24,000 $55,240
2020 $1,142 $79,240 $24,000 $55,240
2019 $1,142 $79,240 $24,000 $55,240
2018 $1,289 $87,850 $24,000 $63,850
2016 $1,289 $87,851 $24,000 $63,851
2015 $1,291 $87,851 $24,000 $63,851
2014 $1,462 $101,904 $24,000 $77,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 806938

Triad MLS

APN: 7762-49-6233