NOT LISTED FOR SALE

358 Otis Rd Asheboro, NC 27205

Estimated Value: $315,000 - $382,000

3 Beds
2 Baths
1,700 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $244,900 $144 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,009/month

Highlights

  • New Construction
  • 0.92 Acre Lot
  • Porch
  • Sycamore Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2020

Beautiful new construction in southwest Randolph County! Open floor plan has beautiful LVT floors throughout the main living areas & bathrooms. Great room with vaulted ceiling opens to dining room & nice kitchen with eat-at bar, granite counters & stainless appliances. Master suite has tray ceiling, double vanity with granite counter & shower. Welcoming front porch, back deck and double attached garage. Great home in new subdivision!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 07/20/2020

RE/MAX Central Realty

Last Buyer's Agent

None Shelby Brewer

Triad Roots Realty License #87831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.92 Acre Lot
  • Property is zoned CVOE-CD

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • 1,400-1,700 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

Outdoor Features

  • Porch

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 7559 / 60
  • Assessor Parcel Number 7741607559
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,162

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Otis Grove
  • Directions: US 64 W, right onto Westchapel Rd, right onto Otis Rd, home will be on the right
  • Above Grade Finished Sq Ft: 1586
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: 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), Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1586
  • 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: 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 #: 7741607559
  • Zoning: CVOE-CD
  • TRIADMLS_PlatPage: 12
  • TRIADMLS_PlatBook: 162
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Block: 60
  • Tax Lot: 7559
  • Tax Map Number: 7741
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 13, 2020
Sold by
Mckenzie Larry W and Mckenzie Christy B
Bought by
Allen Mark R and Allen Angel D
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
None Shelby Brewer
Triad Roots Realty
Sold Price
$244,900
Current Estimated Value
$347,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,334
Avg. Annual Appreciation
6.86%
Original Mortgage
$240,463
Outstanding Balance
$212,423
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$134,811
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Allen Mark R $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Mark R $240,463
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $244,900 -- $175 / 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 $2,162 $277,530 $32,200 $245,330
2024 $2,134 $277,530 $32,200 $245,330
2023 $2,134 $277,530 $32,200 $245,330
2022 $2,065 $221,760 $27,600 $194,160
2021 $2,065 $221,760 $27,600 $194,160
2020 $167 $18,400 $18,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 985357

Triad MLS

APN: 7741-60-7559