NOT LISTED FOR SALE

508 W Balfour Ave Asheboro, NC 27203

Estimated Value: $239,000 - $282,000

3 Beds
2 Baths
1,700 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $257,000 $151 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,612/month

6 Days on Market

Highlights

  • Solid Surface Countertops
  • Attached Carport
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of April 2024

This is a fantastic remodeled (in 2022) ranch style home! The open kitchen and dining room combo, along with bright white cabinets and granite countertops create a welcoming living space. The new walk- in tile shower in the primary suite and updated flooring throughout the home add to the appeal. The oversized attached carport and nearby city park with pool, walking trails, disc golf, tennis & basketball courts make it even more appealing. The photos of this home were taken when this home was remodeled in 2022 and vacant. It is currently occupied.

Last Agent to Sell the Property

Melissa Calloway

RE/MAX Central Realty License #158740 Listed on: 02/28/2024

RE/MAX Central Realty

Co-Listed By

Patsy Woodruff

RE/MAX Central Realty License #139179

Last Buyer's Agent

Edwin Argueta

Winland Group, LLC License #277406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R10

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,547 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Schools

  • North Asheboro Middle School
  • Asheboro High School

Utilities

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

Community Details

  • No Home Owners Association
  • Hilltop Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7752880457
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: ARMX01
  • Co List Office Phone: 336-626-5600
  • Subdivision Name: Hilltop Acres
  • Directions: I-73/74 North. Take Spero Rd. exit, veer right onto Balfour Ave. Home on left
  • Above Grade Finished Sq Ft: 1547
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Dishwasher, Gas Cooktop, Range Hood, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Separate Shower, Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1547
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Balfour
  • High School: Asheboro
  • Middle Or Junior School: North Asheboro

Lot Info

  • Parcel #: 7752880457
  • Zoning: R10
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2540.47
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 3, 2022
Sold by
Old Lex Properties Llc
Bought by
White Jack and White Judy
Seller's Agent
Melissa Calloway
RE/MAX Central Realty
Buyer's Agent
Melissa Calloway
RE/MAX Central Realty
List Price
$249,000
Sold Price
$249,000
Views
29
Current Estimated Value
$265,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,866
Avg. Annual Appreciation
2.10%
Original Mortgage
$236,550
Outstanding Balance
$225,777
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$40,089
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
White Jack $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jack $236,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $257,000 0.0% $198 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $257,000 +3.2% $198 / Sq Ft
10/04/2022 10/04/22 Sold $249,000 0.0% $192 / Sq Ft View Prior Sale
09/28/2022 09/28/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $249,000 +63.8% $192 / Sq Ft
04/27/2022 04/27/22 Sold $152,000 -- $109 / Sq Ft View Prior Sale
04/01/2022 04/01/22 Pending -- -- --
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 $2,540 $200,190 $31,900 $168,290
2024 $2,540 $191,690 $31,900 $159,790
2023 $2,540 $191,690 $31,900 $159,790
2022 $1,606 $111,430 $26,210 $85,220
2021 $940 $111,430 $26,210 $85,220
2020 $940 $111,430 $26,210 $85,220
2019 $940 $111,430 $26,210 $85,220
2018 $678 $92,400 $21,720 $70,680
2016 $678 $92,396 $21,720 $70,676
2015 $679 $92,396 $21,720 $70,676
2014 -- $92,396 $21,720 $70,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1134465

Triad MLS

APN: 7752-88-0457