NOT LISTED FOR SALE

502 E Presnell St Asheboro, NC 27203

-- Bed
-- Bath
6,347 Sq Ft
0.6 Acre Lot

Sale Details

Date Sold: August 22, 2016

Last sale price $213,500 $34 Per Sq Ft

581 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Garden Home

About This Home

As of August 2016

7 unit apartment building, 100% occupancy as of list date. Great rental history. Some units recently updated with counter tops, flooring, paint. Separate meter box for each unit. Rear of property has creek/flood plain. Good central location.

Last Agent to Sell the Property

Waynette Araj

Berkshire Hathaway HomeServices Yost & Little Realty License #218878 Listed on: 09/18/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Jane Yates

RE/MAX Central Realty License #210555

RE/MAX Central Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 1990

Lot Details

  • 26,136 Sq Ft Lot
  • Lot Dimensions are 156 x 156 x 135 x 189

Home Design

  • Garden Home
  • Vinyl Siding

Parking

  • 16 Parking Spaces
  • Paved Parking

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

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

Additional Features

  • 1-Story Property
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 7761151718
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 6,347 Sq Ft Building

Building Details

  • 7 Leased Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,563

Year Built

Built in 1990

Lot Details

0.6 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6
  • Lot Size: 156 x 156 x 135 x 189
  • Directions: From Fayetteville St N, turn right onto Presnell St, apartments on the right at the intersection of Meadowbrook Rd.
  • Architectural Style: Garden
  • Building Stories: 1
  • Year Built: 1990
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • TRIADMLS_ApproxSqFtRange: 5700 - 6700

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Flood Zone: Partial

Garage/Parking

  • Parking Features: On Site, Paved
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Charles W. McCrary
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7761151718
  • Zoning: R7.5
  • TRIADMLS_PlatPage: 15
  • TRIADMLS_PlatBook: 7

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 7
  • Number Of Units Furnished: None
  • Number Of Units Leased: 7

Tax Info

  • Tax Annual Amount: 3562.94
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.47

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Aug 22, 2016
Sold by
Bought by
Seller's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Jane Yates
RE/MAX Central Realty
List Price
$269,000
Sold Price
$213,500
Premium/Discount to List
-$55,500
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
0.0345%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 1, 2011
Closed on
Mar 16, 2012
Sold by
Bought by
Seller's Agent
H R Gallimore
RE/MAX Central Realty
Buyer's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$230,000
Sold Price
$180,000
Premium/Discount to List
-$50,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$180,000
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 1991
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$213,500 None Available
$180,000 None Available
-- None Available
$46,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $103,000
Closed $138,500
Closed $239,200
Closed $180,000
Closed $135,430
Closed $267,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2016 08/22/16 Sold $213,500 -20.6% $34 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
09/18/2014 09/18/14 For Sale $269,000 +49.4% $42 / Sq Ft
03/19/2012 03/19/12 Sold $180,000 -21.7% $28 / Sq Ft View Prior Sale
02/16/2012 02/16/12 Pending -- -- --
08/01/2011 08/01/11 For Sale $230,000 -- $36 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,379 $330,430 $70,000 $260,430
2024 $4,379 $330,430 $70,000 $260,430
2023 $4,379 $330,430 $70,000 $260,430
2022 $3,216 $223,100 $42,000 $181,100
2021 $3,216 $223,100 $42,000 $181,100
2020 $3,216 $223,100 $42,000 $181,100
2019 $3,216 $223,100 $42,000 $181,100
2018 $3,563 $242,790 $42,000 $200,790
2016 $3,563 $242,790 $42,000 $200,790
2015 $3,569 $242,790 $42,000 $200,790
2014 -- $242,790 $42,000 $200,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 719370

Triad MLS
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