NOT LISTED FOR SALE

5180 Old Lexington Rd Asheboro, NC 27205

Estimated Value: $219,711 - $271,000

3 Beds
2 Baths
1,400 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $94,000 $67 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,337/month

164 Days on Market

Highlights

  • No HOA
  • Sycamore Elementary School Rated A
  • Central Air

About This Home

As of April 2017

SOUTHWEST SCHOOLS!!! 3 BEDROOM home on 2 bedroom septic. SEE AGENT ONLY REMARKS!!!! Large yard in the front and back. Side yard in the shade. Back deck off of kitchen is perfect for entertaining. Walking distance to Asheboro Country Club. Not to mention new paint, floors, and updated bathrooms.

Last Agent to Sell the Property

Mark Vuncannon

Howard Hanna Allen Tate-Asheboro License #231702 Listed on: 09/13/2016

Howard Hanna Allen Tate-Asheboro

Last Buyer's Agent

Andy Garner

Howard Hanna Allen Tate-Asheboro License #204659

Howard Hanna Allen Tate-Asheboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Property is zoned RR

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7722408308
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: Various
  • Subdivision Name: None
  • Directions: Hwy 64 West. Right on Old Lexington Rd. Home is on the left.
  • Above Grade Finished Sq Ft: 1240
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1240
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7722408308
  • Zoning: RR
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 719.87
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.7725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Apr 7, 2017
Sold by
Smith Cody H and Smith Nadia B Routh
Bought by
Bass Michael G
Seller's Agent
Mark Vuncannon
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
Andy Garner
Howard Hanna Allen Tate-Asheboro
List Price
$97,500
Sold Price
$94,000
Premium/Discount to List
-$3,500
-3.59%
Current Estimated Value
$239,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,928
Avg. Annual Appreciation
11.41%
Original Mortgage
$94,949
Outstanding Balance
$78,715
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$161,213

Purchase Details

Listed on
Jul 24, 2014
Closed on
Mar 23, 2015
Sold by
Shiflet Matthew H and Shiflet Whitney B
Bought by
Smith Cody H and Routh Nadia B
Seller's Agent
Mark Vuncannon
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
Mark Vuncannon
Howard Hanna Allen Tate-Asheboro
List Price
$110,000
Sold Price
$87,500
Premium/Discount to List
-$22,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$89,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2008
Sold by
Welch Bethany A and Welch Michael H
Bought by
Shiflet Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,085
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1989
Bought by
Shiflet Matthew H
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
Bass Michael G $94,000 None Available
Smith Cody H $87,500 None Available
Shiflet Matthew H $108,000 None Available
Shiflet Matthew H $47,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Michael G $94,949
Previous Owner Smith Cody H $89,500
Previous Owner Shiflet Matthew H $71,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2017 04/07/17 Sold $94,000 -3.6% $85 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $97,500 +11.4% $89 / Sq Ft
03/25/2015 03/25/15 Sold $87,500 -20.5% $80 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
07/24/2014 07/24/14 For Sale $110,000 -- $100 / 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 $891 $134,530 $27,500 $107,030
2024 $877 $134,530 $27,500 $107,030
2023 $874 $134,530 $27,500 $107,030
2022 $753 $96,160 $20,000 $76,160
2021 $753 $96,160 $20,000 $76,160
2020 $733 $96,160 $20,000 $76,160
2019 $733 $96,160 $20,000 $76,160
2018 $729 $93,190 $17,270 $75,920
2016 $720 $93,187 $17,400 $75,787
2015 $713 $93,187 $17,400 $75,787
2014 $707 $93,187 $17,400 $75,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 808340

Triad MLS

APN: 7722-40-8308