NOT LISTED FOR SALE

7733 Us Highway 220 S Asheboro, NC 27205

Estimated Value: $262,000 - $318,000

3 Beds
2 Baths
2,000 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $103,500 $52 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,614/month

95 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Sycamore Elementary School Rated A
  • Attic
  • Porch

About This Home

As of September 2019

Capecod, Covered Front Porch. Acreage. 3 Bedroom 2 bath. Property is owned by US Depart of HUD, case 381-708629. FHA Financing is IE with $6,050 in repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. FHA owner-occupant borrowers may qualify for $100 down paymentt & 203K renovation loan for qualified property & owner occupants.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 02/23/2019

Last Buyer's Agent

Juan Flores

House Trackers Realty, Inc. License #254660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1985

Lot Details

  • 1.77 Acre Lot
  • Property is zoned RA

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7665772837
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.77
  • Subdivision Name: None
  • Directions: Alt. Business US 220 South. House will be at your Left. Corner of Alt. Business US 220 and Edgewood View Drive. (Between Bennett Farm Rd. and Burney Rd.)
  • Above Grade Finished Sq Ft: 1886
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1886
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7665772837
  • Zoning: RA
  • TRIADMLS_PlatPage: 85
  • TRIADMLS_PlatBook: 51
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 981.07
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.7525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Sep 20, 2019
Sold by
Secretary Of Hsng & Urban Dev Of Wa Dc
Bought by
Cornier Wilfredo and Chontal Luz Arely
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Juan Flores
House Trackers Realty, Inc.
Sold Price
$103,500
Current Estimated Value
$287,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,015
Avg. Annual Appreciation
17.98%
Original Mortgage
$140,273
Outstanding Balance
$125,369
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$162,146

Purchase Details

Closed on
Feb 14, 2018
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 26, 2018
Sold by
Davis Barbara M and Davis Michael L
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 8, 2003
Bought by
Davis Barbara

Purchase Details

Closed on
Feb 11, 1998
Bought by
Davis Barbara
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
Cornier Wilfredo -- None Available
Secretary Of Hud -- None Available
Wells Fargo Bank National Association $106,400 None Available
Davis Barbara $120,300 --
Davis Barbara $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornier Wilfredo $140,273
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $103,500 -- --
09/23/2019 09/23/19 Sold $103,500 -- $65 / 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 $1,143 $183,590 $34,620 $148,970
2024 $1,143 $183,590 $34,620 $148,970
2023 $1,143 $183,590 $34,620 $148,970
2022 $1,048 $138,630 $29,620 $109,010
2021 $1,048 $138,630 $29,620 $109,010
2020 $1,015 $134,140 $29,620 $104,520
2019 $1,015 $134,140 $29,620 $104,520
2018 $981 $129,910 $26,130 $103,780
2016 $981 $129,910 $26,130 $103,780
2015 $984 $129,910 $26,130 $103,780
2014 $984 $129,910 $26,130 $103,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 917111

Triad MLS

APN: 7665-77-2837