NOT LISTED FOR SALE

748 Morgan Ave Asheboro, NC 27205

Estimated Value: $134,000 - $172,000

3 Beds
1 Bath
900 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $150,000 $167 Per Sq Ft

Current estimated payment $885/month

70 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Asbestos

About This Home

As of May 2024

Discover the allure of this inviting three-bedroom, one-bath home ideally situated just minutes from the highway, surrounded by a plethora of restaurants. Enjoy the convenience of walking to nearby attractions, while relishing the cozy comfort of this residence. A highlight is the spacious backyard, perfect for outdoor activities. Additionally, a storage building with two rooms, equipped with electricity and ample storage space, enhances the practicality of this charming abode. Nestled on a no-exit road, this property combines convenience with tranquility.

Last Agent to Sell the Property

Edith Dominguez

Keller Williams Realty License #288008 Listed on: 12/30/2023

Keller Williams Realty

Last Buyer's Agent

Edith Dominguez

Keller Williams Realty License #288008 Listed on: 12/30/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R-7.5

Parking

  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 832 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7750456188
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: None
  • Directions: Right on Morgan, home on right
  • Above Grade Finished Sq Ft: 832
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 832
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7750456188
  • Zoning: R-7.5
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1173.82
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
May 2, 2024
Sold by
Pineda Ma Josefina Cruz
Bought by
Uribe Jose Eduardo Rami and Covarrubias Blanca Asucena
Seller's Agent
Edith Dominguez
Keller Williams Realty
Buyer's Agent
Edith Dominguez
Keller Williams Realty
List Price
$194,500
Sold Price
$150,000
Premium/Discount to List
-$44,500
-22.88%
Views
354
Current Estimated Value
$149,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$435
Avg. Annual Appreciation
-0.18%
Original Mortgage
$135,000
Outstanding Balance
$131,974
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$17,591

Purchase Details

Listed on
Jan 20, 2018
Closed on
Feb 9, 2018
Sold by
Davidson Kenyon L and Lambeth Charles Wayne
Bought by
Mahan William T
Buyer's Agent
Kelly Cassell
Howard Hanna Allen Tate-Asheboro
List Price
$57,000
Sold Price
$52,000
Premium/Discount to List
-$5,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%

Purchase Details

Closed on
Jul 19, 2004
Sold by
Allred Linda Frazier
Bought by
Davidson Kenyon L and Lambeth Charles Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Uribe Jose Eduardo Rami $150,000 None Listed On Document
Mahan William T $52,000 None Available
Davidson Kenyon L $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Jose Eduardo Rami $135,000
Closed Uribe Jose Eduardo Rami $12,500
Previous Owner Davidson Kenyon L $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Sold $150,000 -18.7% $214 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $184,500 -5.1% $264 / Sq Ft
12/30/2023 12/30/23 For Sale $194,500 +274.0% $278 / Sq Ft
02/09/2018 02/09/18 Sold $52,000 -8.8% $74 / Sq Ft View Prior Sale
01/24/2018 01/24/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $57,000 -- $81 / 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 $1,174 $95,880 $33,700 $62,180
2024 $1,174 $88,570 $33,700 $54,870
2023 $1,174 $88,570 $33,700 $54,870
2022 $744 $51,640 $14,650 $36,990
2021 $744 $51,640 $14,650 $36,990
2020 $744 $51,640 $14,650 $36,990
2019 $744 $51,640 $14,650 $36,990
2018 $627 $42,700 $14,120 $28,580
2016 $627 $42,700 $14,120 $28,580
2015 $628 $42,700 $14,120 $28,580
2014 -- $42,700 $14,120 $28,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1128803

Triad MLS

APN: 7750-45-6188