NOT LISTED FOR SALE

502 Oakmont Dr Asheboro, NC 27205

Estimated Value: $388,612 - $478,000

4 Beds
2.5 Baths
2,700 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $198,900 $74 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,579/month

54 Days on Market

Highlights

  • 1.15 Acre Lot
  • Partially Wooded Lot
  • Williamsburg Architecture
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of January 2016

Absolutely adorable home on Daves Mountain! This home features hardwoods throughout the entire home, arched doorways, great porches, retro tile and beautiful kitchen. Located on over an acre, this Williamsburg style home boasts a master bedroom on main, newly updated kitchen with granite counters and stainless appliances and butler's pantry, lrg laundry rm, formal areas, covered back porch & enclosed side porch. Fenced backyard! Gracious room sizes. New Heatpump 2015! Roof 2011! Agent related to seller.

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 10/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1940

Lot Details

  • 1.15 Acre Lot
  • Fenced
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RR

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Williamsburg Architecture
  • Vinyl Siding

Interior Spaces

  • 2,477 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Storm Doors
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Daves Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7751265127
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Lot Size: Various Calls
  • Subdivision Name: Daves Mountain
  • Directions: From downtown, follow Sunset going west. Right on Edgewood, take first onto Oakmont. Home on right in curve.
  • Above Grade Finished Sq Ft: 2477
  • Architectural Style: Williamsburg
  • Unit Levels: Two
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Interior Amenities: Built-in Features, Dead Bolt(s), Pantry, See Remarks
  • Has Basement: Unfinished, Cellar, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2477
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: City Lot, Partially Cleared, Partially Wooded
  • Exclusions: Dining Room Chandelier Does Not Stay.
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 7751265127
  • Zoning: RR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2497
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jan 11, 2016
Sold by
Cox Lindsay W and Cox Blake T
Bought by
Dixon Brandon and Dixon Signa Leigh Ann
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$214,900
Sold Price
$198,900
Premium/Discount to List
-$16,000
-7.45%
Current Estimated Value
$434,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,003
Avg. Annual Appreciation
8.22%
Original Mortgage
$195,296
Outstanding Balance
$153,824
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$281,079

Purchase Details

Listed on
Oct 6, 2012
Closed on
Nov 30, 2012
Sold by
Tapler Amanda S and Tapler Paul A
Bought by
Cox Lindsay W and Cox Blake T
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$189,500
Sold Price
$183,500
Premium/Discount to List
-$6,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$180,175
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2008
Sold by
Walker Katherine M
Bought by
Tapler Amanda S and Tapler Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Bought by
Cox Lindsay Wcox Blake T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dixon Brandon $199,000 None Available
Cox Lindsay W $184,000 None Available
Tapler Amanda S $190,000 None Available
Cox Lindsay Wcox Blake T $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Brandon $195,296
Previous Owner Cox Lindsay W $180,175
Previous Owner Tapler Amanda S $174,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2016 01/11/16 Sold $198,900 -7.4% $90 / Sq Ft
11/26/2015 11/26/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $214,900 +17.1% $98 / Sq Ft
11/30/2012 11/30/12 Sold $183,500 -3.2% $74 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $189,500 -- $77 / 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 $3,466 $261,500 $62,350 $199,150
2024 $3,466 $261,500 $62,350 $199,150
2023 $3,466 $261,500 $62,350 $199,150
2022 $2,738 $189,910 $51,720 $138,190
2021 $2,738 $189,910 $51,720 $138,190
2020 $2,738 $189,910 $51,720 $138,190
2019 $2,738 $189,910 $51,720 $138,190
2018 $2,493 $169,860 $38,220 $131,640
2016 $2,493 $169,861 $39,210 $130,651
2015 $2,497 $169,861 $39,210 $130,651
2014 $2,438 $169,861 $39,210 $130,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 773996

Triad MLS

APN: 7751-26-5127