NOT LISTED FOR SALE

409 Otis Rd Asheboro, NC 27205

Estimated Value: $296,000 - $352,000

3 Beds
2 Baths
1,600 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $208,000 $130 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,869/month

Highlights

  • New Construction
  • 1.77 Acre Lot
  • Ceiling Fan
  • Sycamore Elementary School Rated A
  • No HOA
  • Vinyl Flooring

About This Home

As of January 2021

New Construction, taxes to be determined.

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/16/2020

RE/MAX Central Realty

Co-Listed By

Brian Gallimore

RE/MAX Central Realty License #261134

Last Buyer's Agent

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 09/16/2020

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.77 Acre Lot
  • Property is zoned CVOE-CD

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Vinyl Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Otis Grove Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 7741710301
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,978

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.77
  • Lot Size: 0
  • Co List Office Mls Id: ARMX01
  • Co List Office Phone: 336-626-5600
  • Subdivision Name: Otis Grove
  • Directions: Hwy 64 West, right on Westchapel Road, right on Otis Road, home on left.
  • Above Grade Finished Sq Ft: 1520
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1520
  • 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
  • Completion Date: 2020-12-15T05:00:00.000Z

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7741710301
  • Zoning: CVOE-CD
  • TRIADMLS_PlatPage: 12
  • TRIADMLS_PlatBook: 162
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Lot: 6
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Jan 19, 2021
Sold by
Mckenzie Larry W and Mckenzie Christy B
Bought by
Hughes Gretchen P and Hughes Roger
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Vickie Gallimore
RE/MAX Central Realty
Sold Price
$208,000
Current Estimated Value
$323,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,726
Avg. Annual Appreciation
9.55%
Original Mortgage
$104,000
Outstanding Balance
$92,608
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$231,118

Purchase Details

Closed on
Sep 8, 2020
Sold by
Tucker Clayton Terry
Bought by
Mckenzie Larry W and Mckenzie Christy B
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
Hughes Gretchen P $208,000 None Available
Mckenzie Larry W $26,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Gretchen P $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $208,000 -- $160 / 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 $1,978 $255,180 $38,270 $216,910
2024 $1,953 $255,180 $38,270 $216,910
2023 $1,953 $255,180 $38,270 $216,910
2022 $1,923 $207,580 $33,270 $174,310
2021 $1,023 $110,430 $23,270 $87,160
2020 $211 $23,270 $23,270 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 994519

Triad MLS

APN: 7741-71-0301