NOT LISTED FOR SALE

692 Luck Rd Asheboro, NC 27205

Estimated Value: $103,000 - $249,000

2 Beds
1 Bath
858 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 19, 2013

Last sale price $35,000 $41 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $977/month

16 Days on Market

Highlights

  • 7.93 Acre Lot
  • Cottage
  • Porch
  • No HOA
  • Circular Driveway
  • Forced Air Heating and Cooling System

About This Home

As of February 2013

Older cottage house located on 7.92 acres. Tax records state that house was built in 1850. 2nd BR does not have closet. 1984 Singlewide Mobile Home on property is included and is personal property. Both properties sold in As Is - Where Is Condition with no Warranties or Representations. See Agent Remarks for Offers.

Last Buyer's Agent

Eric Davis

Eric Davis Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1850

Lot Details

  • 7.93 Acre Lot
  • Property is zoned RA

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 858 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Circular Driveway

Outdoor Features

  • Porch

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2749 / 41
  • Assessor Parcel Number 7771412749
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.93
  • Directions: HIghway 64 East, right on Luck Road, house on right - Enter on circle gravel drive right before mail box and go up behind house to back door
  • Above Grade Finished Sq Ft: 858
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1850
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 858
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Remarks, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 858
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Circular Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Franklinville
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 7771412749
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 576.49
  • Tax Block: 41
  • Tax Lot: 2749
  • Tax Map Number: 7771
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Feb 14, 2013
Sold by
Citifinancial Services Inc
Bought by
Davis Eric M
Buyer's Agent
Eric Davis
Eric Davis Realty
List Price
$39,999
Sold Price
$35,000
Premium/Discount to List
-$4,999
-12.5%
Current Estimated Value
$171,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,495
Avg. Annual Appreciation
13.23%

Purchase Details

Listed on
Dec 14, 2012
Closed on
Feb 4, 2013
Sold by
Bell Elizabeth J
Bought by
Davis Eric M
Buyer's Agent
Eric Davis
Eric Davis Realty
List Price
$39,999
Sold Price
$35,000
Premium/Discount to List
-$4,999
-12.5%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Bell Elizabeth
Bought by
Citifinancial Services Inc
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
Davis Eric M $35,000 None Available
Davis Eric M -- None Available
Citifinancial Services Inc $29,583 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2013 02/19/13 Sold $35,000 -12.5% $41 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
12/14/2012 12/14/12 For Sale $39,999 -- $47 / 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 $888 $132,480 $84,850 $47,630
2024 $861 $132,480 $84,850 $47,630
2023 $861 $132,480 $84,850 $47,630
2022 $788 $100,660 $68,030 $32,630
2021 $788 $100,660 $68,030 $32,630
2020 $773 $100,660 $68,030 $32,630
2019 $773 $100,660 $68,030 $32,630
2018 $672 $85,310 $60,650 $24,660
2016 $650 $85,311 $60,650 $24,661
2015 $653 $85,311 $60,650 $24,661
2014 -- $85,311 $60,650 $24,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 659786

Triad MLS

APN: 7771-42-2090