NOT LISTED FOR SALE

753 Morgan Ave Asheboro, NC 27205

Estimated Value: $261,000 - $288,000

-- Bed
4 Baths
1,920 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $125,000 $65 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,637/month

6 Days on Market

Highlights

  • 1.04 Acre Lot
  • No HOA
  • Carpet
  • Partially Wooded Lot
  • Central Air

About This Home

As of October 2017

Nice duplex available in Teachey School district! Each unit rents for $595.00 per month and are currently being rented on a month to month basis. Both units are 2 bedroom, 1 full & 1 half bath (bedrooms & full bath on second floor. Each side has a back patio, heat pump, laundry room with washer & dryer hook ups ,range, dishwasher & refrigerator remain. Great investment property! Seller is licensed real estate broker.

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 08/28/2017

RE/MAX Central Realty

Last Buyer's Agent

Brian Gallimore

RE/MAX Central Realty License #261134

RE/MAX Central Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 2001

Lot Details

  • 1.04 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • No Garage
  • Gravel Driveway

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7981 / 44
  • Assessor Parcel Number 7750447981
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,920 Sq Ft Building

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,739

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Lot Size: Various Courses
  • Subdivision Name: None
  • Directions: Going west on Hwy 64 (Dixie Drive), turn left on Park Street (at Wilco Hess), right on Country Club, left on Fairway, right on Morgan Avenue. Duplex on left.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 2001
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • TRIADMLS_ApproxSqFtRange: 1700 - 2100

Exterior Features

  • Lot Features: City Lot, Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel, On Site, No Garage
  • Total Parking Spaces: 6
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • 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 #: 7750447981
  • Zoning: R-7.5
  • TRIADMLS_PlatBook: 72-30
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1739
  • Tax Block: 44
  • Tax Lot: 7981
  • Tax Map Number: 7750
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.4675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 30, 2017
Sold by
Baybuilt Properties Llc
Bought by
Perea Espin Avila Angela L and Perea Arias Daniel
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Brian Gallimore
RE/MAX Central Realty
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%
Current Estimated Value
$271,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,653
Avg. Annual Appreciation
10.07%
Original Mortgage
$93,750
Outstanding Balance
$78,329
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$193,324

Purchase Details

Closed on
Dec 27, 2006
Sold by
Hughes Amy J
Bought by
Baybuilt Properties Llc
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
Perea Espin Avila Angela L $125,000 None Available
Baybuilt Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perea Espin Avila Angela L $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $125,000 -3.5% $65 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $129,500 -- $67 / 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 $2,478 $189,000 $53,630 $135,370
2024 $2,478 $189,000 $53,630 $135,370
2023 $2,478 $189,000 $53,630 $135,370
2022 $1,627 $112,890 $24,180 $88,710
2021 $1,627 $112,890 $24,180 $88,710
2020 $1,627 $112,890 $24,180 $88,710
2019 $1,627 $112,890 $24,180 $88,710
2018 $1,739 $118,510 $22,680 $95,830
2016 $1,739 $118,510 $26,070 $92,440
2015 $1,742 $118,510 $26,070 $92,440
2014 -- $118,510 $26,070 $92,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 847155

Triad MLS

APN: 7750-44-7981