NOT LISTED FOR SALE

508 Hoover St Asheboro, NC 27203

Estimated Value: $278,927

-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Last Sold December 05, 2023

Last sale price $500,000

Est. 44% decrease in value since last sale

Current estimated payment $1,622/month

About This Home

As of December 2023

Former produce distribution warehouse with 1,000 SF retail store building. Also includes PIN 7751630464 next door which has 18 storage units built in 1985.

Last Agent to Sell the Property

H R Gallimore

RE/MAX Central Realty Listed on: 12/04/2023

RE/MAX Central Realty

Last Buyer's Agent

H R Gallimore

RE/MAX Central Realty Listed on: 12/04/2023

RE/MAX Central Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1977

Lot Details

  • 0.6

Additional Features

  • 1-Story Property
  • Property is zoned I-2

Community Details

  • No Home Owners Association
  • 7,485 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 7751630464

Property Details

Property Type

Other

Est. Annual Taxes

$1,940

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Remarks
  • Lot Size: 1.5 acres
  • Directions: Located near the intersection of Hoover Street and North Park Street in downtown Asheboro area.
  • Building Stories: 1
  • Year Built: 1977
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 1

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7751630464
  • Zoning: I-2
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Nov 29, 2023
Sold by
Farlows Produce Company
Bought by
Steriletrex Inc
Seller's Agent
H R Gallimore
RE/MAX Central Realty
Buyer's Agent
H R Gallimore
RE/MAX Central Realty
List Price
$500,000
Sold Price
$500,000
Views
6
Current Estimated Value
$278,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,073
Avg. Annual Appreciation
-26.45%
Source: Public Records

Range of Values:

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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
Steriletrex Inc $250,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $500,000 0.0% --
12/04/2023 12/04/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $500,000 -- --
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 $1,940 $181,490 $69,210 $112,280
2024 $1,940 $146,390 $46,140 $100,250
2023 $1,981 $149,470 $49,220 $100,250
2022 $1,781 $123,540 $49,220 $74,320
2021 $1,781 $123,540 $49,220 $74,320
2020 $1,781 $123,540 $49,220 $74,320
2019 $1,781 $123,540 $49,220 $74,320
2018 $2,175 $148,190 $49,220 $98,970
2016 $2,175 $148,189 $49,220 $98,969
2015 $2,178 $148,188 $49,220 $98,968
2014 -- $148,188 $49,220 $98,968
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    H R Gallimore

    RE/MAX

    (336) 629-7716

    83 in this area

    126 Total Sales

    H R Gallimore
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Map

Source: Triad MLS

MLS Number: 1127048

Triad MLS

APN: 7751-63-1397

North Carolina Randolph County Asheboro 27203

508 Hoover St, Asheboro, NC

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