NOT LISTED FOR SALE

1970 Lakeview Rd Asheboro, NC 27203

Estimated Value: $160,000 - $288,000

-- Bed
4 Baths
-- Sq Ft
0.3 Acres

Last Sold August 20, 2018

Last sale price $99,000

Est. 123% increase in value since last sale

Current estimated payment $1,296/month

7 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet

About This Home

As of August 2018

Attention Investors! This quad offers 4 units with each consisting of 2 bedrooms and 1 bath. The building was completely remodeled with new carpet, vinyl, new ceilings, fresh paint throughout and new appliances and new roof! Currently managed by Benjamin James. Units rent for $450/ each per month.

Last Agent to Sell the Property

Tyler Strider

Strider & Co Realty LLC License #293003 Listed on: 06/06/2018

Strider & Co Realty LLC

Last Buyer's Agent

Bruce Szafran

The Art of Southern Realty, Inc License #278765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1979

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 73 x 184 x 74 x 178

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7762497206
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3,484 Sq Ft Building

Additional Features

  • No Laundry Facilities
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 73 x 184 x 74 x 178
  • Directions: From I-74 W/I-73 N/US-220 N toward Greensboro, take Exit 76 Vision Drive, Continue 2 miles and turn left onto E Central Avenue, First right is Lakeview Road, Quad is located on the right.
  • Year Built: 1979
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • TRIADMLS_ApproxSqFtRange: 3100 - 3700

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7762497206
  • Zoning: R-10
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 21000

Tax Info

  • Tax Annual Amount: 1364
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.4675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 20, 2018
Sold by
Nc Property Network
Bought by
Walcott Marvin E
Seller's Agent
Tyler Strider
Strider & Co Realty LLC
Buyer's Agent
Bruce Szafran
The Art of Southern Realty, Inc
List Price
$124,900
Sold Price
$99,000
Premium/Discount to List
-$25,900
-20.74%
Current Estimated Value
$220,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,667
Avg. Annual Appreciation
11.62%
Original Mortgage
$102,267
Outstanding Balance
$88,630
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$132,037

Purchase Details

Closed on
Mar 5, 2015
Sold by
Fannie Mae
Bought by
Nc Property Network

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Horn Howard
Bought by
Federal National Mortgage Association and Green Tree Servicing Llc

Purchase Details

Closed on
Jun 26, 2013
Sold by
Horn Matthew S
Bought by
Horn Howard

Purchase Details

Closed on
Jul 13, 2007
Sold by
Kiner Asheboro Properties Llc
Bought by
Horn Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
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
Walcott Marvin E $99,000 None Available
Nc Property Network -- None Available
Federal National Mortgage Association $103,627 None Available
Horn Howard -- None Available
Horn Howard $256,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walcott Marvin E $102,267
Previous Owner Nc Property Network $75,000
Previous Owner Horn Howard $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $99,000 -20.7% --
06/14/2018 06/14/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $124,900 -- --
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 $1,611 $121,530 $40,000 $81,530
2024 $1,611 $121,530 $40,000 $81,530
2023 $1,611 $121,530 $40,000 $81,530
2022 $1,168 $81,050 $24,000 $57,050
2021 $1,168 $81,050 $24,000 $57,050
2020 $1,168 $81,050 $24,000 $57,050
2019 $1,168 $81,050 $24,000 $57,050
2018 $0 $92,930 $24,000 $68,930
2016 $1,364 $92,932 $24,000 $68,932
2015 $1,438 $97,845 $24,000 $73,845
Source: Public Records

Agents Affiliated with this Home

  • Tyler Strider

    Seller's Agent in 2018

    Tyler Strider

    Strider & Co Realty LLC

    (336) 465-0636

    18 in this area

    32 Total Sales

    Tyler Strider
    Section Image
  • Bruce Szafran

    Buyer's Agent in 2018

    Bruce Szafran

    The Art of Southern Realty, Inc

    (336) 534-1336

    1 Total Sale

    Bruce Szafran
    Section Image
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Map

Source: Triad MLS

MLS Number: 890419

Triad MLS

APN: 7762-49-7206

North Carolina Randolph County Asheboro 27203

1970 Lakeview Rd, Asheboro, NC

Not Listed for Sale

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