NOT LISTED FOR SALE

812 Morgan Ave Asheboro, NC 27205

Estimated Value: $145,000 - $153,000

2 Beds
1 Bath
700 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $120,000 $171 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $903/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Vinyl Flooring

About This Home

As of August 2022

Super cute, remodeled home in convenient location on almost 1/2 acre lot. 2 bedrooms, 1 bath. Original hardwoods refinished. All new trendy black light fixtures. Bathroom completely remodeled. New vanity, tile tub/shower combo, vanity & mirror. New vinyl flooring in kitchen & bathroom. One set of new cabinets in kitchen w/ new sink, faucet & granite. New Stove. Had area wired and set up for stackable W & D. Vinyl windows. New front & side door. Some doorways had new trim put on. Vapor barrier installed in crawlspace. New outlets. New thermostat. HVAC system inspected and serviced (invoice attached). Load of gravel brought in. Had some plumbing and electrical work done as well. Perfect starter home!!

Last Agent to Sell the Property

Kara Newton

TKB Realty Group LLC License #312639 Listed on: 07/20/2022

Last Buyer's Agent

Ryan Wall

Providence Realty License #241264

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1940

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R-7.5

Home Design

  • Vinyl Siding

Interior Spaces

  • 640 Sq Ft Home
  • 500-700 Sq Ft Home
  • Property has 1 Level
  • Decorative Lighting
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7750454224
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$824

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Subdivision Name: None
  • Directions: From I-73, Take Exit 72A, Raleigh/US-64 E. Turn right onto S. Park St. Turn right onto Country Club Dr. Take the 1st left onto Fairway Rd. Take 2nd right onto Morgan Ave, home is on the right.
  • Above Grade Finished Sq Ft: 640
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 500 - 700
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Free Standing Range, Water Heater: Electric
  • Flooring: Vinyl
  • Interior Amenities: Dead Bolt(s), Dryer Connection, Smoke Alarm, Washer Connection
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 640
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7750454224
  • Zoning: R-7.5
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 823.72
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.4416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jul 26, 2022
Sold by
Newton and Kara
Bought by
Comer Troy
Seller's Agent
Kara Newton
TKB Realty Group LLC
Buyer's Agent
Ryan Wall
Providence Realty
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$148,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,527
Avg. Annual Appreciation
6.74%
Original Mortgage
$8,000
Outstanding Balance
$7,641
Interest Rate
5.55%
Estimated Equity
$140,886

Purchase Details

Closed on
Jan 18, 2022
Sold by
Keystone Capital Group Llc
Bought by
Newton Jonathan and Newton Kara
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
Comer Troy $120,000 None Listed On Document
Newton Jonathan $51,000 Donato Law Pc
Keystone Capital Group Llc $25,000 Donato Law Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comer Troy $8,000
Open Comer Troy $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $120,000 +4.3% $240 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $115,000 -- $230 / 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 $1,451 $109,480 $39,850 $69,630
2024 $1,451 $109,480 $39,850 $69,630
2023 $1,451 $109,480 $39,850 $69,630
2022 $824 $57,140 $17,430 $39,710
2021 $824 $57,140 $17,430 $39,710
2020 $824 $57,140 $17,430 $39,710
2019 $824 $57,140 $17,430 $39,710
2018 $632 $43,080 $16,860 $26,220
2016 $632 $43,076 $16,860 $26,216
2015 $633 $43,076 $16,860 $26,216
2014 -- $43,076 $16,860 $26,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1077854

Triad MLS

APN: 7750-45-4224