NOT LISTED FOR SALE

787 Mcdermott St Asheboro, NC 27205

Estimated Value: $161,000 - $194,000

2 Beds
1 Bath
1,100 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $130,000 $118 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $983/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Outdoor Storage
  • No HOA
  • Attached Carport
  • Central Air

About This Home

As of November 2022

THIS CUTE COTTAGE IN SOUTH ASHEBORO, CITY SCHOOLS, NO CITY REAL ESTATE TAXES. WOULD BE A NICE RETIREMENT HOME OR SMALL FAMILY HOME. LIVING, DINING, LARGE KITCHEN, 2 BEDROOMS, 1 BATH, SCREENED PORCH, CARPORT, AND LEVEL YARD. DINING ROOM HAS A FLU WITH MANTLE AND AN ATTRACTIVE GAS LOG HEATER. 12X10 STORAGE BUILDING. ONE BEDROOM DOES NOT HAVE AN INSIDE CLOSET, BUT ONE CLOSE BY. HARDWOOD FLOORS MAY BE UNDER CARPET IN BEDROOMS AND HALL. SOME UPDATES WOULD ENHANCE THE PROPERTY. HEATPUMP NEW 2018

Last Agent to Sell the Property

Martha Byrd-Philpott

RE/MAX Central Realty License #134197 Listed on: 10/12/2022

RE/MAX Central Realty

Last Buyer's Agent

Michele Pappas

Real Broker LLC License #328830

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RE

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,042 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7659 68 0122
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Subdivision Name: None
  • Directions: FROM BUSINESS 220 SOUTH T/L ON HAYTHORNE, T/L ON McDERMOTT ST., 2ND HOME ON RIGHT.
  • Above Grade Finished Sq Ft: 1042
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, See Remarks
  • Living Area: 1042
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared, Rolling Slope
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, 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 #: 7659 68 0122
  • Zoning: RE
  • TRIADMLS_PlatPage: 17
  • TRIADMLS_PlatBook: 4
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 69110
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 21, 2022
Sold by
Williams Rose Penny
Bought by
Knight Alisha and Knight Jessie
Seller's Agent
Martha Byrd-Philpott
RE/MAX Central Realty
Buyer's Agent
Michele Pappas
Real Broker LLC
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
3
Current Estimated Value
$174,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,304
Avg. Annual Appreciation
10.23%
Original Mortgage
$127,645
Outstanding Balance
$121,879
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$52,425

Purchase Details

Closed on
Jul 13, 2011
Sold by
Seawell Cristin R
Bought by
Rose Penny Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Key Freda F
Bought by
Seawell Cristin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2008
Sold by
Seawell Rose Ann Caudill and Estate Of Woodrow Long Caudill
Bought by
Key Freda

Purchase Details

Closed on
Mar 19, 1999
Bought by
Rose Penny Williams

Purchase Details

Closed on
May 30, 1996
Bought by
Rose Penny Williams
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
Knight Alisha $130,000 --
Rose Penny Williams $82,000 None Available
Seawell Cristin R $89,000 None Available
Key Freda $62,000 None Available
Rose Penny Williams $65,000 --
Rose Penny Williams $58,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Alisha $127,645
Previous Owner Rose Penny Williams $82,350
Previous Owner Seawell Cristin R $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $130,000 -13.3% $144 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $150,000 -- $167 / 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 $785 $106,780 $23,000 $83,780
2024 $785 $106,780 $23,000 $83,780
2023 $785 $106,780 $23,000 $83,780
2022 $620 $69,110 $12,800 $56,310
2021 $620 $69,110 $12,800 $56,310
2020 $647 $74,650 $12,800 $61,850
2019 $647 $74,650 $12,800 $61,850
2018 $574 $64,260 $13,040 $51,220
2016 $561 $64,261 $13,040 $51,221
2015 $562 $64,261 $13,040 $51,221
2014 $557 $64,261 $13,040 $51,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1086561

Triad MLS

APN: 7659-68-0122