NOT LISTED FOR SALE

280 Rosemont Rd Asheboro, NC 27203

Estimated Value: $146,000 - $184,000

2 Beds
1 Bath
1,000 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $62,000 $62 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $897/month

19 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Outdoor Storage
  • Wood Flooring
  • Porch
  • Central Air

About This Home

As of July 2015

Move in ready at a great price. Covenant to Hwy 64 in a remote setting. This two bedroom one bath will impress with hardwood floors, new storm doors, new replacement windows, and fresh paint in every room. Heat pump is less than a years old and hot-water heater was installed less than two years ago. Two storage buildings stay with the property. Large yard with mature trees and a quiet street with no thru access makes this the ideal home. Owner/Seller is relative of listing agent.

Last Agent to Sell the Property

Mike Mulkey

Leonard Ryden Burr Real Estate License #279629 Listed on: 05/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $567

Year Built

  • Built in 1955

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R-40

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 909 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Storm Doors
  • Free-Standing Range
  • Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hinshaw Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7761832272
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$567

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Hinshaw Acres
  • Directions: US- 64 East to E Salisbury St. Left on Salisbury. Right on Rosemont. House on Right.
  • Above Grade Finished Sq Ft: 909
  • Architectural Style: Traditional
  • Unit Levels: One
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Storm Door(s)
  • Living Area: 909
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7761832272
  • Zoning: R-40
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 567.29
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 20, 2015
Sold by
Mulkey Billy D and Mulkey Patty L
Bought by
Williams Daniel Drew and Williams Kathleen Diann
Seller's Agent
Mike Mulkey
Leonard Ryden Burr Real Estate
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%
Current Estimated Value
$157,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,738
Avg. Annual Appreciation
9.41%
Original Mortgage
$62,000
Outstanding Balance
$48,862
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$108,876

Purchase Details

Closed on
Feb 15, 2008
Sold by
Thompson Charles M and Thompson Barbara N
Bought by
Mulkey Billy D and Mulkey Patty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,875
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 1998
Bought by
Mulkey Billy Dean Mulkey Patty Ly
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
Williams Daniel Drew $62,000 None Available
Mulkey Billy D -- None Available
Mulkey Billy Dean Mulkey Patty Ly $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Daniel Drew $62,000
Previous Owner Mulkey Billy D $82,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $62,000 -11.3% $78 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $69,900 -- $87 / 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 $805 $101,820 $13,710 $88,110
2024 $784 $101,820 $13,710 $88,110
2023 $784 $101,820 $13,710 $88,110
2022 $712 $76,300 $12,810 $63,490
2021 $712 $76,300 $12,810 $63,490
2020 $701 $76,300 $12,810 $63,490
2019 $701 $76,300 $12,810 $63,490
2018 $584 $61,970 $15,060 $46,910
2016 $569 $61,968 $15,060 $46,908
2015 $567 $61,998 $15,090 $46,908
2014 -- $61,998 $15,090 $46,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 759257

Triad MLS

APN: 7761-83-2272