NOT LISTED FOR SALE

2488 Old Farmer Rd Asheboro, NC 27205

Estimated Value: $1,817,913

-- Bed
-- Bath
-- Sq Ft
10.75 Acres

Last Sold January 10, 2018

Last sale price $975,000

Est. 86% increase in value since last sale

Current estimated payment $10,380/month

1 Day on Market

About This Home

As of January 2018

Great multi-purpose building just off of US Highway 64 West in Asheboro. Currently used for warehouse/office/showroom. Many possibilities with Highway Commercial zoning.

Last Agent to Sell the Property

H R Gallimore

RE/MAX Central Realty Listed on: 12/28/2017

RE/MAX Central Realty

Last Buyer's Agent

H R Gallimore

RE/MAX Central Realty Listed on: 12/28/2017

RE/MAX Central Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned H C

Additional Features

  • 1-Story Property
  • Private Water Source

Community Details

  • No Home Owners Association
  • 48,000 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 7740788297

Property Details

Property Type

Other

Est. Annual Taxes

$7,434

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Industrial, Professional/Office, Retail
  • Lot Size: 10.75 acres
  • Directions: Going west on US Highway 64, turn right on Old Farmer Road. Building on the left (behind Clothes Warehouse).
  • Building Stories: 1
  • Year Built: 2002
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None
  • Stories: 1

Exterior Features

  • Lot Features: Cleared, Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7740788297
  • Zoning: H C
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 7434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jan 8, 2018
Sold by
Acbc Llc
Bought by
Boger Brothers Re Llc
Seller's Agent
H R Gallimore
RE/MAX Central Realty
Buyer's Agent
H R Gallimore
RE/MAX Central Realty
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,817,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,913
Avg. Annual Appreciation
8.22%
Original Mortgage
$1,143,250
Outstanding Balance
$962,268
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$855,646

Purchase Details

Closed on
Dec 28, 2011
Sold by
Branco Enterprises Inc
Bought by
Acbc Llc
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
Boger Brothers Re Llc $975,000 None Available
Acbc Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boger Brothers Re Llc $1,143,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $975,000 0.0% --
12/29/2017 12/29/17 Pending -- -- --
12/28/2017 12/28/17 For Sale $975,000 -- --
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 $9,695 $1,250,450 $170,950 $1,079,500
2024 $9,570 $1,250,450 $170,950 $1,079,500
2023 $9,570 $1,250,450 $170,950 $1,079,500
2022 $9,428 $1,017,530 $170,950 $846,580
2021 $9,428 $1,017,530 $170,950 $846,580
2020 $9,225 $1,017,530 $170,950 $846,580
2019 $9,225 $1,017,530 $170,950 $846,580
2018 $7,515 $805,890 $170,950 $634,940
2016 $7,434 $805,886 $170,950 $634,936
2015 $7,374 $805,886 $170,950 $634,936
2014 -- $805,886 $170,950 $634,936
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    H R Gallimore

    RE/MAX

    (336) 629-7716

    83 in this area

    126 Total Sales

    H R Gallimore
    Section Image
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Map

Source: Triad MLS

MLS Number: 870718

Triad MLS

APN: 7740-78-8297

North Carolina Randolph County Asheboro 27205

2488 Old Farmer Rd, Asheboro, NC

Not Listed for Sale

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