NOT LISTED FOR SALE

518 E Central Ave Asheboro, NC 27203

Estimated Value: $137,000 - $176,000

-- Bed
2 Baths
1,700 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $114,000 $67 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $981/month

215 Days on Market

About This Home

As of March 2023

DO NOT DISTURB TENANTS. 2 Bed, 1 bathroom units. Both units are under a lease at $450 per month. One expires Dec '23, the other Oct '23. Tenants do not know units are on the market. See agent only remarks.

Last Agent to Sell the Property

Mark Vuncannon

Howard Hanna Allen Tate-Asheboro License #231702 Listed on: 07/20/2022

Howard Hanna Allen Tate-Asheboro

Last Buyer's Agent

Mitchell Mullis

Keller Williams Realty License #294902

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1974

Lot Details

  • 10,019

Home Design

  • Duplex

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7762386900
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: various
  • Directions: N. Fayetteville St. East on Central Ave. Duplex is first on right past Cedar Rd.
  • Year Built: 1974
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7762386900
  • Zoning: RA6
  • TRIADMLS_PlatPage: 46
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 780.91
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Mar 7, 2023
Sold by
Thomas Michael K and Thomas Heather W
Bought by
518-520 E Central Ave Llc
Seller's Agent
Mark Vuncannon
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
Mitchell Mullis
Keller Williams Realty
List Price
$125,000
Sold Price
$114,000
Premium/Discount to List
-$11,000
-8.8%
Views
214
Current Estimated Value
$154,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,768
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Jun 17, 2002
Bought by
Thomas Michael K Thomas Heather
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
518-520 E Central Ave Llc $114,000 --
518-520 E Central Ave Llc $114,000 None Listed On Document
Thomas Michael K Thomas Heather $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Sold $114,000 -8.8% $67 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
07/20/2022 07/20/22 For Sale $125,000 -- $74 / 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 $1,988 $74,690 $13,800 $60,890
2024 $1,988 $74,690 $13,800 $60,890
2023 $1,988 $74,440 $13,800 $60,640
2022 $781 $54,170 $13,800 $40,370
2021 $781 $54,170 $13,800 $40,370
2020 $781 $54,170 $13,800 $40,370
2019 $781 $54,170 $13,800 $40,370
2018 $890 $60,640 $15,000 $45,640
2016 $890 $60,642 $15,000 $45,642
2015 $891 $60,642 $15,000 $45,642
2014 $870 $60,642 $15,000 $45,642
Source: Public Records

Agents Affiliated with this Home

  • Mark Vuncannon

    Seller's Agent in 2023

    Mark Vuncannon

    Howard Hanna Allen Tate-Asheboro

    (336) 465-9669

    70 in this area

    96 Total Sales

    Mark Vuncannon
    Section Image
  • Mitchell Mullis

    Buyer's Agent in 2023

    Mitchell Mullis

    Keller Williams Realty

    (336) 991-2654

    93 in this area

    824 Total Sales

    Mitchell Mullis
    Section Image
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Map

Source: Triad MLS

MLS Number: 1077972

Triad MLS

APN: 7762-38-6900

North Carolina Randolph County Asheboro 27203

518 E Central Ave, Asheboro, NC

Not Listed for Sale

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