NOT LISTED FOR SALE

338 Rich Ave Asheboro, NC 27203

Estimated Value: $110,000 - $194,000

2 Beds
1 Bath
864 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $38,335 $44 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $849/month

30 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of January 2013

FHA 381-854179 [IE$1595 ] As-is, no repairs and no warranties. Escrow amount (if any) is not a credit from the seller to buyer. HUDHomestore website for bidding, inspection report & environmental issues (if any). Information believed accurate but to be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property & owner-occupant. An Equal Housing Opportunity. SEE AGENT ONLY

Last Agent to Sell the Property

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096 Listed on: 10/23/2012

Co-Listed By

David Dalton

TRIAD HOMES REALTY, INC. License #154055

Last Buyer's Agent

Robert Moran

RE/MAX Central Realty License #185749

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1983

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R75

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association
  • Morris & Allen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7750993094
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.266
  • Co List Office Mls Id: GDAD01
  • Co List Office Phone: 336-547-0298
  • Subdivision Name: Morris & Allen
  • Directions: I-85S, exit 122 toward Asheboro US 220, take Preswell Street exit off 220, L Perle Dr, R N. Fayetvlle, L Bulla, R S Cox St, L Rich Ave,
  • Above Grade Finished Sq Ft: 864
  • Unit Levels: One
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 864
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 864
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 7750993094
  • Zoning: R75

Tax Info

  • Tax Annual Amount: 899.68
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.7974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2020
Sold by
Allred Sheila
Bought by
Welch Michael H and Welch Bethany
Current Estimated Value
$142,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$26,355
Interest Rate
3.72%
Mortgage Type
Seller Take Back
Estimated Equity
$116,100

Purchase Details

Closed on
Jul 11, 2019
Sold by
S & P Rental Properties Llc
Bought by
Allred Sheila

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jan 8, 2013
Sold by
Secretary Of Hsng And Hurban Development
Bought by
Ray Paul G and Ray Sheila A
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
Buyer's Agent
Robert Moran
RE/MAX Central Realty
List Price
$37,000
Sold Price
$38,335
Premium/Discount to List
$1,335
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$30,668
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Trosch Louis A
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 19, 2007
Sold by
Justice and Davis
Bought by
Mcclelland Judie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,936
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2006
Sold by
Cain Annette Brown and Cain Steve Brown
Bought by
Justus & Davis Properties
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
Welch Michael H $65,000 None Available
Allred Sheila -- None Available
Ray Paul G -- None Available
Secretary Of Hud $88,386 None Available
Mcclelland Judie $85,000 None Available
Justus & Davis Properties $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Michael H $55,000
Previous Owner Ray Paul G $30,668
Previous Owner Mcclelland Judie $83,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $38,335 +3.6% $44 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $37,000 -- $43 / 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 $1,190 $89,790 $19,540 $70,250
2024 $1,190 $89,790 $19,540 $70,250
2023 $1,190 $89,790 $19,540 $70,250
2022 $903 $62,610 $13,970 $48,640
2021 $903 $62,610 $13,970 $48,640
2020 $903 $62,610 $13,970 $48,640
2019 $903 $62,610 $13,970 $48,640
2018 $853 $58,150 $15,660 $42,490
2016 $853 $58,149 $15,660 $42,489
2015 $855 $58,149 $15,660 $42,489
2014 $834 $58,149 $15,660 $42,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 656176

Triad MLS

APN: 7750-99-3094