NOT LISTED FOR SALE

347 Oakgrove Rd Asheboro, NC 27205

Estimated Value: $186,000 - $288,000

3 Beds
2 Baths
1,800 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $125,000 $69 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,433/month

9 Days on Market

Highlights

  • Barn
  • Living Room with Fireplace
  • No HOA
  • 1.21 Acre Lot
  • Wood Flooring
  • Detached Carport Space

About This Home

As of May 2021

3 Bedroom 2 bath brick ranch on a hill. Mature Hardwoods. Outbuildings. Breezeway separates big living room and bedroom/bath. Property is owned by US Depart of HUD, case 387-089719. FHA Financing. No escrow repair. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrower may qualify for $100 down payment with FHA, FHA 203b, and FHA 203k financing. The LBP Notice/Addendum is provided in attachments.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 03/19/2021

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

  • $945

Year Built

  • Built in 1954

Lot Details

  • 1.21 Acre Lot
  • Property is zoned RR

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Carport Space
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Additional Features

  • Veranda
  • Barn

Community Details

  • No Home Owners Association
  • Sunset Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7740973401
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Subdivision Name: Sunset Hills
  • Directions: I-85/I-73 South. Take exit 72B toward U.S-64 W/NC Hwy 49, State Highway 49 S/Lexington/Charlotte Turn right onto Albemarle Rd (signs for NC-49 S/US-64 W). Use the right lane to merge onto US-64 W via the ramp to Lexington. Turn right onto Oakgrove Rd.
  • Above Grade Finished Sq Ft: 1704
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Paula Fields K M Minemier & Associates, LLC HUD Housing and Urban Development My Favorite Realty Inc.
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1704
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Veranda/Breezeway
  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7740973401
  • Zoning: RR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 945
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 27, 2021
Sold by
Secretary Of Hsng & Urban Dev Of Wa D C
Bought by
Pavon Rodriguez Miguel Angel and Lagumes Elizabeth Zagoda
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Robert Moran
RE/MAX Central Realty
Sold Price
$125,000
Current Estimated Value
$248,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,675
Avg. Annual Appreciation
16.20%

Purchase Details

Closed on
Jan 29, 2021
Sold by
United States Sec Of Hsng & Urban Dev
Bought by
United States Sec Of Hsng & Urban Dev

Purchase Details

Closed on
Jun 14, 2011
Sold by
Howell Elizabeth R
Bought by
Howell Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion 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
Pavon Rodriguez Miguel Angel -- None Available
Pavon-Rodr Miguel Angel -- None Listed On Document
United States Sec Of Hsng & Urban Dev -- None Available
Howell Elizabeth R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howell Elizabeth R $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $125,000 -- $83 / 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 $1,487 $191,740 $37,160 $154,580
2024 $1,467 $191,740 $37,160 $154,580
2023 $1,372 $179,310 $37,160 $142,150
2022 $985 $106,320 $25,540 $80,780
2021 $966 $104,260 $25,540 $78,720
2020 $945 $104,260 $25,540 $78,720
2019 $601 $104,260 $25,540 $78,720
2018 $872 $93,500 $18,980 $74,520
2016 $863 $93,497 $18,980 $74,517
2015 $856 $93,497 $18,980 $74,517
2014 -- $93,497 $18,980 $74,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1017193

Triad MLS

APN: 7740-97-3401