NOT LISTED FOR SALE

2554 Mountain Lake Rd Asheboro, NC 27205

Estimated Value: $849,000 - $1,086,000

4 Beds
4.5 Baths
5,300 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $501,250 $95 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,544/month

204 Days on Market

Highlights

  • 1.56 Acre Lot
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Den with Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2015

This beautifully appointed home is located on 1.5 acres and is convenient to Greensboro , High Point and Asheboro. Large kitchen with breakfast dining as well as a keeping room make this home confortable as well as stricking. The exterior patio offers privacy and an ease of outdoor entertaining.

Last Agent to Sell the Property

Rhonda Trollinger

RE/MAX Central Realty License #183465 Listed on: 08/19/2014

RE/MAX Central Realty

Last Buyer's Agent

Rhonda Trollinger

RE/MAX Central Realty License #183465 Listed on: 08/19/2014

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 2004

Lot Details

  • 1.56 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,025 Sq Ft Home
  • 4,500-5,300 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Northmont Estates Ph 01 Pt V C Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,491

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.56
  • Subdivision Name: Northmont Estates Ph 01 Pt V-C
  • Directions: 220 Bypass North, T/L onto Spero Road, T/L onto Davidson and continue on Northmont Drive. T/R onto Mountain Valley, T/R onto Mountain Lake. Home is on the right
  • Above Grade Finished Sq Ft: 5025
  • Unit Levels: Two
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1300 - 1600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4500 - 5300
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, See Remarks
  • Fireplaces: 2
  • Living Area: 5025
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Charles W. McCrary
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4491.36
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Apr 17, 2015
Sold by
Severson Mark A and Severson Mariam L
Bought by
Jaimes Cesar and Martinez Gabriela
Seller's Agent
Rhonda Trollinger
RE/MAX Central Realty
Buyer's Agent
Rhonda Trollinger
RE/MAX Central Realty
List Price
$539,000
Sold Price
$501,250
Premium/Discount to List
-$37,750
-7%
Current Estimated Value
$954,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,064
Avg. Annual Appreciation
6.24%
Original Mortgage
$423,000
Outstanding Balance
$324,811
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$629,503

Purchase Details

Closed on
Sep 30, 2014
Sold by
Huntington National Bank Na
Bought by
Severson Mark A and Severson Mariam L

Purchase Details

Closed on
Aug 22, 2007
Sold by
Grady Kathy J
Bought by
The Mariam L Severson Revocable Trust and Huntington National Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Grady Kenneth D
Bought by
Grady Kathy J

Purchase Details

Closed on
Jun 21, 2004
Sold by
Jobe C Robin and Jobe Sherry S
Bought by
Grady Kenneth D and Grady Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Jaimes Cesar $501,500 None Available
Severson Mark A -- None Available
The Mariam L Severson Revocable Trust $590,000 None Available
Grady Kathy J -- None Available
Grady Kenneth D $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaimes Cesar $423,000
Previous Owner The Mariam L Severson Revocable Trust $250,000
Previous Owner Grady Kenneth D $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $501,250 -7.0% $111 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
08/19/2014 08/19/14 For Sale $539,000 -- $120 / 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 $6,231 $803,010 $66,720 $736,290
2024 $6,150 $803,010 $66,720 $736,290
2023 $6,150 $803,010 $66,720 $736,290
2022 $5,189 $559,480 $60,600 $498,880
2021 $5,184 $559,480 $60,600 $498,880
2020 $5,072 $559,480 $60,600 $498,880
2019 $5,072 $559,480 $60,600 $498,880
2018 $4,611 $494,480 $56,570 $437,910
2016 $4,562 $494,480 $56,570 $437,910
2015 $4,524 $494,480 $56,570 $437,910
2014 -- $494,480 $56,570 $437,910
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Trollinger

    Seller's Agent in 2015

    Rhonda Trollinger

    RE/MAX

    (336) 953-3095

    24 in this area

    27 Total Sales

    Rhonda Trollinger
    Section Image
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Map

Source: Triad MLS

MLS Number: 716576

Triad MLS

APN: 7742-97-6320

North Carolina Randolph County Asheboro 27205

2554 Mountain Lake Rd, Asheboro, NC

Not Listed for Sale

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