NOT LISTED FOR SALE

373 Otis Rd Asheboro, NC 27205

Estimated Value: $347,371 - $385,000

3 Beds
2 Baths
1,700 Sq Ft
$216/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $287,900 $169 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,117/month

3 Days on Market

Highlights

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

About This Home

As of October 2021

Beautiful new construction in Otis Grove Subdivision! Spacious living room w/tray ceiling & LVP flooring. Kitchen has stainless appliances, granite counters, island & tray ceiling & LVP flooring. Primary bedroom features huge walk-in closet, tray ceiling and adjoining bath w/granite counters, double sinks, shower & double linen closets. Split bedroom floor plan. Relax on the covered back porch & enjoy the large back yard, double garage. Great house !

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/23/2021

RE/MAX Central Realty

Last Buyer's Agent

Kendra DeBari

McKenzie Real Estate of NC LLC License #310447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.94 Acre Lot
  • Property is zoned CVOE-CD

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

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

  • Assessor Parcel Number 7741616073
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,181

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: 0.94
  • Lot Size: 0
  • Subdivision Name: Otis Grove
  • Directions: Hwy 64 West, right on Westchapel Road, right on Otis Road, home on left.
  • Above Grade Finished Sq Ft: 1588
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2021
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Interior Amenities: Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1588
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

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 #: 7741616073
  • Zoning: CVOE-CD
  • TRIADMLS_PlatPage: 12
  • TRIADMLS_PlatBook: 162
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 6, 2021
Sold by
Mckenzie Larry W and Mckenzie Christy B
Bought by
Richardson Brittany S
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Kendra DeBari
McKenzie Real Estate of NC LLC
Sold Price
$287,900
Current Estimated Value
$367,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,443
Avg. Annual Appreciation
6.06%
Original Mortgage
$257,900
Outstanding Balance
$234,670
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,673
Source: Public Records

Range of Values:

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Value Increase
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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
Richardson Brittany S $288,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Brittany S $257,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $287,900 -- $206 / 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 $2,181 $281,260 $32,900 $248,360
2024 $2,152 $281,260 $32,900 $248,360
2023 $2,152 $281,260 $32,900 $248,360
2022 $2,071 $223,470 $28,200 $195,270
2021 $174 $18,800 $18,800 $0
2020 $170 $18,800 $18,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1043187

Triad MLS

APN: 7741-61-6073