NOT LISTED FOR SALE

351 Forest Ln Asheboro, NC 27205

Estimated Value: $265,110 - $309,000

3 Beds
2 Baths
1,500 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $120,500 $80 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,633/month

7 Days on Market

Highlights

  • 0.91 Acre Lot
  • Wood Flooring
  • Porch
  • Sycamore Elementary School Rated A
  • No HOA
  • Outdoor Storage

About This Home

As of May 2015

Nice 3 bedroom 2 bath home with wood floors, bay window in dining area, nice kitchen and split bedroom floor plan. The lot is located in the cul de sac. There is a storage building, covered front porch and a back deck. Double windows provide natural lighting in master bedroom and second bedroom. There are double sinks in master bath and a garden tub. Southwest Schools and USDA eligible area.

Last Agent to Sell the Property

Emily Smith

The Real Estate Shoppe License #190836 Listed on: 03/10/2015

Last Buyer's Agent

Billie Dunning

RE/MAX Central Realty License #148271

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 2003

Lot Details

  • 0.91 Acre Lot
  • Property is zoned RR

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6284 / 04
  • Assessor Parcel Number 7731046284
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Directions: Highway 64 West, left on Back Creek Terrace, right on Forest Lane
  • Above Grade Finished Sq Ft: 1354
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1354
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7731046284
  • Zoning: RR
  • TRIADMLS_PlatPage: 89
  • TRIADMLS_PlatBook: 31

Tax Info

  • Tax Annual Amount: 920.09
  • Tax Block: 04
  • Tax Lot: 6284
  • Tax Map Number: 7731
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.7533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 21, 2015
Sold by
Branch Banking And Trust Co
Bought by
Heerschap John Francis and Heerschap Jessica Lynn
Seller's Agent
Emily Smith
The Real Estate Shoppe
Buyer's Agent
Billie Dunning
RE/MAX Central Realty
List Price
$117,500
Sold Price
$120,500
Premium/Discount to List
$3,000
2.55%
Current Estimated Value
$290,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,778
Avg. Annual Appreciation
8.70%
Original Mortgage
$122,959
Outstanding Balance
$94,691
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$195,587

Purchase Details

Closed on
Feb 2, 2015
Sold by
Spencer Hank P and Spencer Paige K
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Jan 17, 2013
Sold by
Barber Debra Langley and Barber Robert D
Bought by
Spencer Hank P and Spencer Paige K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,551
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2003
Bought by
Spencer Hank Pspencer Paige K

Purchase Details

Closed on
Jan 31, 2003
Bought by
Spencer Hank Pspencer Paige K

Purchase Details

Closed on
Oct 9, 1991
Bought by
Spencer Hank Pspencer Paige K
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
Heerschap John Francis $120,500 None Available
Branch Banking And Trust Co $114,750 None Available
Spencer Hank P $125,000 None Available
Spencer Hank Pspencer Paige K $116,500 --
Spencer Hank Pspencer Paige K $16,500 --
Spencer Hank Pspencer Paige K $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heerschap John Francis $122,959
Previous Owner Spencer Hank P $127,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $120,500 +2.6% $100 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $117,500 -- $98 / 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 $1,243 $187,510 $30,940 $156,570
2024 $1,224 $187,510 $30,940 $156,570
2023 $1,224 $187,510 $30,940 $156,570
2022 $1,066 $135,600 $22,750 $112,850
2021 $1,066 $135,600 $22,750 $112,850
2020 $1,003 $130,880 $22,750 $108,130
2019 $1,003 $130,880 $22,750 $108,130
2018 $949 $120,880 $20,550 $100,330
2016 $937 $120,875 $20,550 $100,325
2015 $928 $120,875 $20,550 $100,325
2014 $920 $120,875 $20,550 $100,325
Source: Public Records

Agents Affiliated with this Home

  • Emily Smith

    Seller's Agent in 2015

    Emily Smith

    The Real Estate Shoppe

    (336) 625-1100

    50 in this area

    141 Total Sales

    Emily Smith
    Section Image
  • Billie Dunning

    Buyer's Agent in 2015

    Billie Dunning

    RE/MAX

    (336) 626-5600

    58 in this area

    91 Total Sales

    Billie Dunning
    Section Image
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Map

Source: Triad MLS

MLS Number: 733363

Triad MLS

APN: 7731-04-6284

North Carolina Randolph County Asheboro 27205

351 Forest Ln, Asheboro, NC

Not Listed for Sale

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