NOT LISTED FOR SALE

655 Mcdermott St Asheboro, NC 27205

Estimated Value: $114,000 - $188,000

2 Beds
1 Bath
1,000 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2015

Last sale price $33,500 $34 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $874 / mo

142 Days on Market

Highlights

  • Partially Wooded Lot
  • Attic
  • Cottage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of December 2015

Incredible Value! Reduced $9k, Bring Offers on This Affordable Starter or Investment home that offers 2 bedrooms, 1 bath, screened in back porch, deck, hardwood floors and skylights. There is a also a detached 1 car carport shed. Nice Trees and the home is close to Hwy 220. Property is being sold subject to HUD Guidelines 24 CFR 206.125. Buyer is buying the home in an "AS-IS" condition. Buyer to supply Pre-Approval Letter or Proof of Funds Letter at time of offer. Earnest Money is to be held by US Title.

Last Agent to Sell the Property

Michael Byrd

Stan Byrd & Associates License #154811 Listed on: 06/20/2015

Last Buyer's Agent

Angela Stutts

RE/MAX Central Realty License #187807

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1945

Lot Details

  • 15,372 Sq Ft Lot
  • Fenced
  • Partially Wooded Lot

Parking

  • 1 Car Garage
  • Detached Carport Space

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

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

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Allred Park Subdivision

Listing and Financial Details

  • Tax Lot 142-144
  • Assessor Parcel Number 7659693353
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1945

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3529
  • Subdivision Name: Allred Park
  • Directions: South on US 220 to Asheboro, Take McDowell Rd Exit, Turn Lt at top of ramp, Go to 2nd Stoplight and turn Lt(South Fayetteville St), Turn Rt on Charles Ave, Turn Rt on McDermott St, House on Lt.
  • Above Grade Finished Sq Ft: 864
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 864
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Partially Wooded
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Guy B Teachey
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: 7659693353
  • Zoning: res
  • TRIADMLS_PlatPage: 17
  • TRIADMLS_PlatBook: 4
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 552
  • Tax Lot: 142-144
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2015
Closed on
Dec 7, 2015
Sold by
Urban Financial Of America Llc
Bought by
Latham Leonard
Seller's Agent
Michael Byrd
Stan Byrd & Associates
Buyer's Agent
Angela Stutts
RE/MAX Central Realty
List Price
$50,000
Sold Price
$33,500
Premium/Discount to List
-$16,500
-33%
Current Estimated Value
$152,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,525
Avg. Annual Appreciation
15.74%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Goodnight Jean C
Bought by
Urban Financial Of America Llc

Purchase Details

Closed on
Jun 24, 2014
Sold by
Goodnight Jean C
Bought by
Urban Financial Of America Llc and Urban Financial Group Inc

Purchase Details

Closed on
Oct 17, 2005
Sold by
Lila C Otey Revocable Living Trust
Bought by
Goodnight Jean C

Purchase Details

Closed on
Dec 10, 2004
Sold by
Scott Susan Kaye
Bought by
Cope J Robert and Lila C Otey Revocable Living T

Purchase Details

Closed on
Oct 21, 1996
Bought by
Urban Financial Of America Llc

Purchase Details

Closed on
Feb 25, 1993
Bought by
Urban Financial Of America Llc

Purchase Details

Closed on
Jan 14, 1991
Bought by
Urban Financial Of America Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Latham Leonard $33,500 None Available
Urban Financial Of America Llc $50,000 None Available
Urban Financial Of America Llc $50,000 None Available
Goodnight Jean C -- --
Cope J Robert $73,500 --
Urban Financial Of America Llc $53,000 --
Urban Financial Of America Llc $43,000 --
Urban Financial Of America Llc $21,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $33,500 -33.0% $48 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $50,000 -- $71 / Sq Ft
Source: Triad MLS

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 $751 $102,190 $23,000 $79,190
2024 $751 $102,190 $23,000 $79,190
2023 $751 $102,190 $23,000 $79,190
2022 $604 $67,410 $12,800 $54,610
2021 $604 $67,410 $12,800 $54,610
2020 $589 $68,010 $12,800 $55,210
2019 $589 $68,010 $12,800 $55,210
2018 $569 $63,770 $13,260 $50,510
2016 $556 $63,768 $13,260 $50,508
2015 $558 $63,768 $13,260 $50,508
2014 -- $63,768 $13,260 $50,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 762437

Triad MLS

APN: 7659-69-3353

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