NOT LISTED FOR SALE

1999 Lake Country Drive Extension Asheboro, NC 27205

Estimated Value: $349,000 - $695,000

4 Beds
3 Baths
3,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $185,000 $51 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,099/month

76 Days on Market

Highlights

  • 8.8 Acre Lot
  • No HOA
  • Outdoor Storage
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2017

Four-bedroom 3 bath two-story home located on 8.8 private acres. Has a 20 stall horse barn and a 10 stall holding barn. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.See agent remarks. There are multiple offers, the highest is due Foster and Billups by 5 P.M. 9.19.17.

Last Agent to Sell the Property

Foster Ferryman

Foster and Billups Triad Properties License #178629 Listed on: 08/29/2017

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1982

Lot Details

  • 8.8 Acre Lot
  • Property is zoned RE

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3,384 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well

Community Details

  • No Home Owners Association
  • Lake Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7742782415
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,057

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 8.8
  • Subdivision Name: Lake Country
  • Directions: Highway 220 toSpero Road to Troy Lane to Akins Street to Lake country Drive.
  • Above Grade Finished Sq Ft: 3384
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Living Area: 3384
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7742782415
  • Zoning: RE
  • TRIADMLS_AcresRange: 8 - 9

Tax Info

  • Tax Annual Amount: 3057
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 20, 2017
Sold by
Wells Fargo Bank N A
Bought by
Elliot David and Elliot Traice
Seller's Agent
Foster Ferryman
Foster and Billups Triad Properties
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$171,500
Sold Price
$185,000
Premium/Discount to List
$13,500
7.87%
Current Estimated Value
$531,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,344
Avg. Annual Appreciation
14.23%
Original Mortgage
$185,000
Outstanding Balance
$157,723
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$373,621

Purchase Details

Closed on
Jun 13, 2017
Sold by
Chamberlin Patricia
Bought by
Wells Fargo Bank Na
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
Elliot David $185,000 None Available
Wells Fargo Bank Na $193,461 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliot David $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $185,000 +7.9% $62 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $171,500 -- $57 / 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 $3,608 $465,310 $128,000 $337,310
2024 $3,561 $465,310 $128,000 $337,310
2023 $3,561 $465,310 $128,000 $337,310
2022 $3,099 $333,360 $84,890 $248,470
2021 $3,099 $333,360 $84,890 $248,470
2020 $3,032 $333,360 $84,890 $248,470
2019 $3,022 $333,360 $84,890 $248,470
2018 $3,091 $331,440 $85,420 $246,020
2016 $3,057 $331,435 $84,990 $246,445
2015 $3,033 $331,435 $84,990 $246,445
2014 $3,010 $331,435 $84,990 $246,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 848657

Triad MLS

APN: 7742-78-2415