NOT LISTED FOR SALE

2616 Mountain Lake Rd Asheboro, NC 27205

Estimated Value: $803,281 - $928,000

4 Beds
3.5 Baths
4,300 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $450,000 $105 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,133/month

98 Days on Market

Highlights

  • 2 Acre Lot
  • Transitional Architecture
  • Solid Surface Countertops
  • Partially Wooded Lot
  • Wood Flooring
  • No HOA

About This Home

As of July 2017

Daves Mtn - Custom built home on 2 Acres! Beautiful features throughout, HW floors, tray, vaulted & custom ceilings, central vac, GR w/built-ins & stone FP, open kitchen w/island, dinette, formal areas, sunroom. Large master suite on main level features jetted tub & shower w/body sprays. Upstairs has 3 BRs & huge bonus room. Triple attached garage & double 30x35 detached garage w/walk up bonus room. Professionally landscaped yard, water feature w/water falls, stamped concrete patio. Wonderful setting!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 02/14/2017

RE/MAX Central Realty

Last Buyer's Agent

Bret Kennedy

Bret Kennedy Real Estate License #206508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,942

Year Built

  • Built in 2004

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-15

Parking

  • 5 Car Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 4,008 Sq Ft Home
  • 3,600-4,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

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

Community Details

  • No Home Owners Association
  • Northmont Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 1380 / 97
  • Assessor Parcel Number 7742971380
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,942

Year Built

Built in 2004

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2
  • Lot Size: Various Courses
  • Subdivision Name: Northmont Estates
  • Directions: I 73/74 north, exit on Spero Rd, left at top of ramp, turn left on Davidson, continue on Northmont, right on Mountain Valley, right on Mountain Lake, home on right at end of street.
  • Above Grade Finished Sq Ft: 4008
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3600 - 4300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 4008
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: Level, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Brick, Stone
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas, Tankless
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 7742971380
  • Zoning: R-15
  • TRIADMLS_PlatPage: 62
  • TRIADMLS_PlatBook: 85
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 3941.74
  • Tax Block: 97
  • Tax Lot: 1380
  • Tax Map Number: 7742
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.9225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Jun 22, 2017
Sold by
Duggins James K and Duggins Ashley H
Bought by
Wright Ronald
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Bret Kennedy
Bret Kennedy Real Estate
List Price
$489,500
Sold Price
$450,000
Premium/Discount to List
-$39,500
-8.07%
Current Estimated Value
$890,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,570
Avg. Annual Appreciation
8.49%
Original Mortgage
$140,000
Outstanding Balance
$72,458
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$818,112

Purchase Details

Closed on
Sep 29, 2004
Sold by
Wws Development Corp
Bought by
Duggins Ii James K and Duggins Ashley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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
Wright Ronald $450,000 None Available
Duggins Ii James K $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Ronald $140,000
Previous Owner Duggins Ii James K $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $450,000 -8.1% $125 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $489,500 -- $136 / 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 $5,322 $686,450 $72,000 $614,450
2024 $5,253 $686,450 $72,000 $614,450
2023 $5,253 $686,450 $72,000 $614,450
2022 $4,330 $467,330 $65,000 $402,330
2021 $4,330 $467,330 $65,000 $402,330
2020 $4,237 $467,330 $65,000 $402,330
2019 $4,237 $467,330 $65,000 $402,330
2018 $3,984 $427,290 $61,780 $365,510
2016 $3,942 $427,289 $64,690 $362,599
2015 $3,910 $427,289 $64,690 $362,599
2014 $3,881 $427,289 $64,690 $362,599
Source: Public Records

Agents Affiliated with this Home

  • Vickie Gallimore

    Seller's Agent in 2017

    Vickie Gallimore

    RE/MAX

    (336) 953-9500

    427 in this area

    809 Total Sales

    Vickie Gallimore
    Section Image

  • B

    Buyer's Agent in 2017

    Bret Kennedy

    Bret Kennedy Real Estate

    1 in this area

    20 Total Sales

    Bret Kennedy
    Section Image
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Map

Source: Triad MLS

MLS Number: 821030

Triad MLS

APN: 7742-97-1380

North Carolina Randolph County Asheboro 27205

2616 Mountain Lake Rd, Asheboro, NC

Not Listed for Sale

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