NOT LISTED FOR SALE

507 Chestnut St Asheboro, NC 27203

Estimated Value: $238,000 - $269,000

4 Beds
2 Baths
2,300 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $230,000 $100 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,520/month

2 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • Arched Doorways
  • Wood Flooring

About This Home

As of September 2023

Welcome to this charming 4-bedroom home nestled in the heart of Asheboro. This property boasts a delightful above-ground pool and pool house, perfect for those warm summer days. Step inside to discover fresh, stylish paint and wallpaper throughout. There's a huge kitchen with tons of counter and cabinet space, and range with double oven. The bonus room upstairs (not counted in the heated square footage) is great for office, gaming, playroom, etc. The spacious layout offers both comfort and style. Garage has a concrete floor, with both 110 and 220 amp wiring. Propane wall heater in the den is great backup if the power goes out.

Last Agent to Sell the Property

Waynette Araj

Berkshire Hathaway HomeServices Yost & Little Realty License #218878 Listed on: 08/19/2023

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

CiCi Plata

License #340326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1945

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R7.5

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,157 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Arched Doorways
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool

Utilities

  • Wall Furnace
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Nance Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7751561324
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Nance Place
  • Directions: From I73, take the Presnell St exit in Asheboro heading East. Turn right onto Peachtree St. Turn right on City View, right on Chestnut. Home will be on the left at the end of the street.
  • Above Grade Finished Sq Ft: 2157
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Arched Doorways
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2157
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: Above Ground
  • Exclusions: Steel Beams Across The Creek Will Be Removed.
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Partial

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump, Remarks
  • Heating: Heat Pump, Wall Furnace, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7751561324
  • Zoning: R7.5
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 1736
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 14, 2023
Sold by
Conner Angela Gayle and Conner Richard T
Bought by
Godwin Tyler Zachary Wayn
Seller's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
CiCi Plata
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
100
Current Estimated Value
$259,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,745
Avg. Annual Appreciation
5.71%
Original Mortgage
$15,000
Outstanding Balance
$14,668
Interest Rate
6.96%
Estimated Equity
$245,077

Purchase Details

Closed on
Sep 7, 2016
Sold by
Conner Kenneth A and Conner Gracie F
Bought by
Conner Angela Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Godwin Tyler Zachary Wayn $230,000 None Listed On Document
Conner Angela Gale $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godwin Tyler Zachary Wayn $15,000
Open Godwin Tyler Zachary Wayn $222,000
Previous Owner Conner Angela Gale $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $230,000 +2.2% $121 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $225,000 -- $118 / 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 $1,821 $137,060 $27,650 $109,410
2024 $1,736 $130,610 $27,650 $102,960
2023 $1,736 $130,610 $27,650 $102,960
2022 $1,325 $91,560 $18,070 $73,490
2021 $1,325 $91,560 $18,070 $73,490
2020 $1,325 $91,560 $18,070 $73,490
2019 $1,325 $91,560 $18,070 $73,490
2018 $1,297 $88,350 $18,070 $70,280
Source: Public Records

Agents Affiliated with this Home

  • Waynette Araj

    Seller's Agent in 2023

    Waynette Araj

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 953-6526

    47 in this area

    94 Total Sales

    Waynette Araj
    Section Image
  • CiCi Plata

    Buyer's Agent in 2023

    CiCi Plata

    (336) 588-1294

    30 in this area

    95 Total Sales

    CiCi Plata
    Section Image
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Map

Source: Triad MLS

MLS Number: 1116656

Triad MLS

APN: 7751-56-1324

North Carolina Randolph County Asheboro 27203

507 Chestnut St, Asheboro, NC

Not Listed for Sale

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