NOT LISTED FOR SALE

347 Otis Rd Asheboro, NC 27205

Estimated Value: $327,000 - $378,000

3 Beds
2 Baths
1,700 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $280,000 $165 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,015/month

Highlights

  • New Construction
  • 0.97 Acre Lot
  • 2 Car Attached Garage
  • Sycamore Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of January 2022

Beautiful new construction! Spacious open floor plan offers tray ceilings in the great room, kitchen & primary bedroom. Nice split bedroom floor plan. Easy care LVP flooring throughout the main living areas, carpet in bedrooms. Nice kitchen features granite counters & stainless appliances. Fantastic primary suite with walk-in closet & bath with double vanity with granite counter & shower. Enjoy the evenings out on the back deck overlooking the nice back yard! Great home & location on just under an acre lot!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 11/16/2021

RE/MAX Central Realty

Last Buyer's Agent

Katie Brown

Howard Hanna Allen Tate-Asheboro License #311384

Howard Hanna Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.97 Acre Lot
  • Property is zoned CVOE-CD

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,533 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

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

Community Details

  • No Home Owners Association
  • Otis Grove Subdivision

Listing and Financial Details

  • Legal Lot and Block 5897 / 60
  • Assessor Parcel Number 7741605897
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,011

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Subdivision Name: Otis Grove
  • Directions: Hwy 64 W, right on Westchapel Rd, right onto Otis Rd, home will be on the left
  • Above Grade Finished Sq Ft: 1533
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Great Room, Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1533
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Donna Lee Loflin
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: 7741605897
  • Zoning: CVOE-CD
  • TRIADMLS_PlatPage: 12
  • TRIADMLS_PlatBook: 162
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2011
  • Tax Block: 60
  • Tax Lot: 5897
  • Tax Map Number: 7741
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 17, 2021
Sold by
Ramey Cathy and Ramey Catherine Lynn
Bought by
Mckenzie Larry W and Mckenzie Christy B
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Katie Brown
Howard Hanna Allen Tate-Asheboro
Sold Price
$280,000
Current Estimated Value
$348,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,809
Avg. Annual Appreciation
5.78%
Original Mortgage
$286,440
Outstanding Balance
$262,908
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$85,901

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 8, 2021
Sold by
Mckenzie Larry and Mckenzie Christy
Bought by
Wiggins Michael and Wiggins Kayla Otwell
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Katie Brown
Howard Hanna Allen Tate-Asheboro
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,440
Outstanding Balance
$262,908
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$85,901
Source: Public Records

Range of Values:

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Value Increase
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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
Mckenzie Larry W $280,000 None Listed On Document
Wiggins Michael $280,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggins Michael $286,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2022 01/03/22 Sold $280,000 -- $215 / 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 $2,140 $276,020 $33,950 $242,070
2024 $2,112 $276,020 $33,950 $242,070
2023 $2,112 $276,020 $33,950 $242,070
2022 $2,011 $217,010 $29,100 $187,910
2021 $180 $19,400 $19,400 $0
2020 $176 $19,400 $19,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1049270

Triad MLS

APN: 7741-60-5897