NOT LISTED FOR SALE

372 Otis Rd Asheboro, NC 27205

Estimated Value: $329,698 - $374,000

3 Beds
2 Baths
1,600 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $242,900 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,001/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 December 2020

GORGEOUS NEW CONSTRUCTION! Walk into your dream home and get welcomed by the beautiful tray ceilings and light fixtures throughout. Kitchen features granite countertops, SS appliances, and plenty of cabinet space. Master bedroom with his/hers vanity, walk in closet, and tray ceilings. Need double the space in the other bedrooms? WE HAVE IT! Both bedrooms include two closets so you have plenty of closet space. Enjoy your morning coffee on the porch or deck and delight yourself with all the backyard has to offer. Double car garage. Come check out this beautiful home in new subdivision for yourself!

Last Agent to Sell the Property

Jacqueline Munoz

The Hive Co Realty LLC License #311705 Listed on: 10/23/2020

The Hive Co Realty LLC

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

  • $167

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.92

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1,300-1,600 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

Utilities

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

Additional Features

  • Porch
  • 0.92 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 7741608672
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$167

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: None
  • Directions: Take US-64 W to Otis Rd in Cedar Grove. Turn right onto Albemarle Rd. Use the right lane to merge onto US-64 W via the ramp to Lexington. Turn right onto Westchapel Rd. Slight right onto Otis Rd. Home will be on the right.
  • Above Grade Finished Sq Ft: 1520
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1520
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • 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

Lot Info

  • Parcel #: 7741608672
  • Zoning: RES
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 166.82
  • Tax Lot: 16
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 4, 2020
Sold by
Mckenzie Larry W and Mckenzie Christy B
Bought by
Benford Kim R and Benford Cheryl L
Seller's Agent
Jacqueline Munoz
The Hive Co Realty LLC
Buyer's Agent
Billie Dunning
RE/MAX Central Realty
List Price
$242,900
Sold Price
$242,900
Current Estimated Value
$346,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,775
Avg. Annual Appreciation
7.39%
Original Mortgage
$240,000
Outstanding Balance
$219,145
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$127,530
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
Benford Kim R $243,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benford Kim R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $242,900 0.0% $187 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $242,900 -- $187 / 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 $2,110 $272,130 $32,200 $239,930
2024 $2,083 $272,130 $32,200 $239,930
2023 $2,083 $272,130 $32,200 $239,930
2022 $2,014 $217,340 $27,600 $189,740
2021 $2,014 $217,340 $27,600 $189,740
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: 000547

Triad MLS

APN: 7741-60-8672