NOT LISTED FOR SALE

490 Mcdermott St Asheboro, NC 27205

Estimated Value: $137,000 - $215,000

2 Beds
1 Bath
1,100 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $41,666 $38 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $988/month

208 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Asbestos
  • Porch

About This Home

As of June 2019

Investors, here is a wonderful opportunity! Minutes from downtown Asheboro but no city taxes. This 2 BR 1 BA property is move-in ready. Refrigerator stays. 20 x 20 building has single carport and storage room.

Last Agent to Sell the Property

Max Little

Coldwell Banker Advantage License #297459 Listed on: 10/26/2018

Coldwell Banker Advantage

Last Buyer's Agent

Kelly Cassell

Howard Hanna Allen Tate-Asheboro License #190285

Howard Hanna Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1940

Lot Details

  • 0.33

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 1,040 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 0.33 Acre Lot

Community Details

  • No Home Owners Association
  • Oakhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7750606925
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$471

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: Oakhurst
  • Directions: From I-73, north on HWY 220 S (S Fayetteville St.), right on Nolen Ave, right on McDermott, property will be on left.
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1040
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 7750606925
  • Zoning: SFR
  • TRIADMLS_PlatPage: 345
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 471.06
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2010
Sold by
Gray Curtis R and Gray Mary Ruth
Bought by
Gray Scott T and Gray Heather C
Current Estimated Value
$176,880
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
Gray Scott T $50,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $41,667 -- --
06/06/2019 06/06/19 Sold $41,667 -- $46 / 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 $689 $93,690 $23,000 $70,690
2024 $689 $93,690 $23,000 $70,690
2023 $689 $93,690 $23,000 $70,690
2022 $543 $60,510 $12,800 $47,710
2021 $543 $60,510 $12,800 $47,710
2020 $524 $60,510 $12,800 $47,710
2019 $524 $60,510 $12,800 $47,710
2018 $471 $52,780 $12,800 $39,980
2016 $461 $52,783 $12,800 $39,983
2015 $462 $52,783 $12,800 $39,983
2014 -- $52,783 $12,800 $39,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 908929

Triad MLS

APN: 7750-60-6925