NOT LISTED FOR SALE

501 Springwood Rd Asheboro, NC 27205

Estimated Value: $237,000 - $350,000

3 Beds
2 Baths
2,900 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $260,000 $90 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,858/month

50 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Attached Carport
  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Wonderful 1 story Brick Ranch with full basement on a quiet dead end st. Home features 3 bedrooms, 2 full baths, 2 living rooms, and a partially finished basement with Rec Room! Quaint chef inspired kitchen featuring 2 ovens and fridge to remain! Beautiful gas log fireplace in both the living room and basement Rec Room. The large laundry room with sink, make home chores and organization a breeze! Entertain on the large back deck overlooking the beautifully landscaped yard and fire pit! Have your own tiki bar room just off the back patio! The back yard also has a great fenced in portion! Crank up the music with your Alexa enabled smart thermostat with speaker!! Side load basement level garage is great for storage and weight room! The possibilities are endless! Blink home security camera system to remain.

Last Agent to Sell the Property

Amanda Price

Southern Heart Realty License #307334 Listed on: 12/11/2021

Last Buyer's Agent

Amanda Greene

ERA Live Moore License #317145

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1966

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 148 x 195 x 150 x 198
  • Street terminates at a dead end
  • Fenced
  • Property is zoned R-15

Parking

  • 1 Car Garage
  • Attached Carport
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,679 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 7750523488
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,559

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Lot Size: 148 x 195 x 150 x 198
  • Subdivision Name: None
  • Directions: from Greensboro take 220S to I-73 exit 71 -McDowell Road, take US 220 BUS to Fayetteville St, turn Left onto Springwood Rd
  • Above Grade Finished Sq Ft: 2679
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Range, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Tile Counters
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2679
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport, Basement
  • Garage Description: Attached Carport, Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7750523488
  • Zoning: R-15
  • TRIADMLS_PlatPage: 75
  • TRIADMLS_PlatBook: 10
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2559.03
  • Tax Lot: 20
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Feb 28, 2022
Sold by
Amanda Veltre
Bought by
Race Sarah
Seller's Agent
Amanda Price
Southern Heart Realty
Buyer's Agent
Amanda Greene
ERA Live Moore
Sold Price
$260,000
Current Estimated Value
$301,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,420
Avg. Annual Appreciation
4.01%
Original Mortgage
$208,000
Outstanding Balance
$165,856
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$135,564

Purchase Details

Listed on
Aug 14, 2019
Closed on
Feb 13, 2020
Sold by
Rash Arey Rufty and Rash Dennis Ray
Bought by
Veltre Amanda
Seller's Agent
Angela Brown
Price REALTORS - Archdale
Buyer's Agent
Amanda Price
Southern Heart Realty
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%
Original Mortgage
$166,870
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2006
Sold by
Wells Fargo Financial N Carolina 1 Inc
Bought by
Myers Arey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2006
Sold by
Charles Marcus and Charles Elizabeth R
Bought by
Wells Fargo Financial N Carolina 1 Inc

Purchase Details

Closed on
Dec 6, 1995
Bought by
Rash Arey Rufty
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
Race Sarah $260,000 Cox Richard L
Veltre Amanda $179,000 None Available
Myers Arey R $111,500 None Available
Wells Fargo Financial N Carolina 1 Inc $125,000 None Available
Rash Arey Rufty $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Race Sarah $208,000
Previous Owner Veltre Amanda $166,870
Previous Owner Myers Arey R $89,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $260,000 +45.3% $108 / Sq Ft
02/14/2020 02/14/20 Sold $179,000 -- $78 / Sq Ft View Prior Sale
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 $3,251 $244,560 $37,500 $207,060
2024 $3,251 $244,560 $37,500 $207,060
2023 $3,251 $244,560 $37,500 $207,060
2022 $2,559 $176,820 $24,820 $152,000
2021 $2,559 $176,820 $24,820 $152,000
2020 $2,017 $139,190 $24,820 $114,370
2019 $2,017 $139,190 $24,820 $114,370
2018 $2,081 $141,360 $25,440 $115,920
2016 $2,081 $141,356 $25,440 $115,916
2015 $2,085 $141,356 $25,440 $115,916
2014 $2,035 $141,356 $25,440 $115,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1051911

Triad MLS

APN: 7750-52-3488