NOT LISTED FOR SALE

704 Colony Rd Asheboro, NC 27205

Estimated Value: $217,367 - $270,000

3 Beds
1.5 Baths
1,500 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $138,000 $92 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,488/month

28 Days on Market

Highlights

  • 0.96 Acre Lot
  • No HOA
  • Attached Carport
  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

A designer kitchen & bath make this brick ranch home stand out from the crowd. Kitchen & hall bath have travertine tile floors, with hardwoods throughout the rest of the home. Kitchen features Marsh cabinetry with soft-close drawers, brushed nickel pulls, granite countertop, under cabinet lighting, stainless appliances (including refrigerator!), tile backsplash. The bath has updated fixtures & luxury height cabinet. 2 creeks on the property. Includes 3 parcels: 7760141575, 7760140595, 7760142545.

Last Agent to Sell the Property

Waynette Araj

Berkshire Hathaway HomeServices Yost & Little Realty License #218878 Listed on: 03/08/2019

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Shaunna Overman

Howard Hanna Allen Tate Oak Ridge Commons License #277559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1967

Lot Details

  • 0.96 Acre Lot
  • Property is zoned R-10

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,340 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • South 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
  • Colony Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7760141575
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Subdivision Name: Colony Hills
  • Directions: In Asheboro headed east on Dixie Drive, turn right onto Zoo Parkway beside CVS. Left on Rocky Lane, right on Colony. Home will be on the right.
  • Above Grade Finished Sq Ft: 1340
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1967
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1340
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Lot Info

  • Parcel #: 7760141575
  • Zoning: R-10
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1533
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.4657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 16, 2019
Sold by
Malmo Howard Andrew Scott and Malmo Howard Joan
Bought by
Burroughs Leah D
Seller's Agent
Waynette Araj
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Shaunna Overman
Howard Hanna Allen Tate Oak Ridge Commons
Sold Price
$138,000
Current Estimated Value
$248,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,092
Avg. Annual Appreciation
9.38%
Original Mortgage
$138,000
Outstanding Balance
$120,578
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$127,514

Purchase Details

Closed on
Dec 31, 1987
Bought by
Howard Andrew Scott
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
Burroughs Leah D $138,000 None Available
Howard Andrew Scott $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs Leah D $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $138,000 -- --
05/17/2019 05/17/19 Sold $138,000 -- $115 / 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 $2,183 $164,680 $32,360 $132,320
2024 $2,183 $164,680 $32,360 $132,320
2023 $2,183 $164,680 $32,360 $132,320
2022 $1,776 $123,200 $25,480 $97,720
2021 $1,776 $123,200 $25,480 $97,720
2020 $1,776 $123,200 $25,480 $97,720
2019 $1,530 $105,780 $25,480 $80,300
2018 $1,456 $99,210 $21,580 $77,630
2016 $1,459 $99,211 $21,580 $77,631
2015 $1,462 $99,211 $21,580 $77,631
2014 -- $99,211 $21,580 $77,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 921904

Triad MLS

APN: 7760-14-1575