NOT LISTED FOR SALE

2496 Old Lexington Rd Asheboro, NC 27205

Estimated Value: $1,309,000 - $1,979,794

4 Beds
8 Baths
8,200 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $950,000 $116 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,921/month

625 Days on Market

Highlights

  • Outdoor Pool
  • 38.8 Acre Lot
  • Partially Wooded Lot
  • Sycamore Elementary School Rated A
  • Dining Room with Fireplace
  • Wood Flooring

About This Home

As of June 2015

Outstanding 38 acre estate with extraordinary appointments. Impressive foyer complimented with a signature staircase, custom millwork & built-ins throughout the home, 5 fireplaces, 9' ceilings, elevator, all bedrooms have private baths, custom crafted walnut office, basement, abundant storage. Incredible grounds manicured to perfection, brick walkways, patios, private entertaining areas offer wonderful pool, pool house w/full bath. A very special home in one of Asheboro's finest locations!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/09/2013

RE/MAX Central Realty

Last Buyer's Agent

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/09/2013

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,576

Year Built

  • Built in 1983

Lot Details

  • 38.8 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,797 Sq Ft Home
  • 7,000-8,200 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Den with Fireplace
  • Intercom
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Double Oven
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Outdoor Pool
  • Porch

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1021 / 33
  • Assessor Parcel Number 7742331021
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,576

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 38.8
  • Lot Size: TBD/Subject to Survey
  • Directions: Old Lexington Road, house on right.
  • Above Grade Finished Sq Ft: 7797
  • Unit Levels: Two
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 7000 - 8200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Cooktop, Disposal, Double Oven, Electric Water Heater
  • Flooring: Brick, Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den, Dining Room, Living Room, See Remarks
  • Fireplaces: 5
  • Living Area: 7797
  • Main Level Bathrooms: 4
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Floored Attic, Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 2
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Lot Features: Level, Partially Cleared, Partially Wooded
  • Pool Features: Private
  • Exclusions: Dining Room & Music Room Chandelier
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: McCrary
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7742331021
  • Zoning: Residential
  • TRIADMLS_AcresRange: 35 - 41

Tax Info

  • Tax Annual Amount: 13576.06
  • Tax Block: 33
  • Tax Lot: 1021
  • Tax Map Number: 7742
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
Jun 24, 2015
Sold by
Lovemont Llc
Bought by
Achreja Ranvir Singh and Achreja Manjeet Kaur
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Vickie Gallimore
RE/MAX Central Realty
List Price
$1,495,000
Sold Price
$950,000
Premium/Discount to List
-$545,000
-36.45%
Current Estimated Value
$1,707,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,265
Avg. Annual Appreciation
5.78%
Original Mortgage
$760,000
Outstanding Balance
$285,713
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,421,552
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Achreja Ranvir Singh $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achreja Ranvir Singh $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $950,000 -36.5% $136 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,495,000 -- $214 / 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 $11,177 $1,441,650 $392,430 $1,049,220
2024 $11,033 $1,441,650 $392,430 $1,049,220
2023 $11,033 $1,441,650 $392,430 $1,049,220
2022 $10,390 $1,121,280 $336,750 $784,530
2021 $10,390 $1,121,280 $336,750 $784,530
2020 $10,166 $1,121,280 $336,750 $784,530
2019 $10,166 $1,121,280 $336,750 $784,530
2018 $11,927 $1,279,030 $345,610 $933,420
2016 $11,799 $1,279,030 $345,610 $933,420
2015 $13,676 $1,494,667 $398,460 $1,096,207
2014 -- $1,686,202 $398,460 $1,287,742
Source: Public Records

Agents Affiliated with this Home

  • Vickie Gallimore

    Seller's Agent in 2015

    Vickie Gallimore

    RE/MAX

    (336) 953-9500

    427 in this area

    809 Total Sales

    Vickie Gallimore
    Section Image
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Map

Source: Triad MLS

MLS Number: 684332

Triad MLS

APN: 7742-33-1021

North Carolina Randolph County Asheboro 27205

2496 Old Lexington Rd, Asheboro, NC

Not Listed for Sale

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