NOT LISTED FOR SALE

816 Shannon Rd Asheboro, NC 27203

Estimated Value: $325,000 - $389,000

4 Beds
2 Baths
2,600 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $145,000 $56 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,171/month

191 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Attached Carport
  • Wood Flooring
  • Porch
  • Central Air

About This Home

As of January 2017

Fantastic large home all on one level on great street in Greystone. Lindley park Schools! 4 Bedrooms! Large den w/exposed beams, fireplace & built-ins. Newer paint, updated kitchen. Workshop in bsmt w/built-ins. Pegged hardwd in foyer. Double carport. Large lot. This is an approved short sale for 150K. Tax Value is 183K+. Offer must be presented to agent in writing with proof of funds or prequel letter.

Last Agent to Sell the Property

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 06/08/2016

Last Buyer's Agent

Tyler Wilhoit

Tyler Redhead & McAlister Real Estate, LLC License #254506 Listed on: 06/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1965

Lot Details

  • 0.8 Acre Lot
  • Dog Run
  • Property is zoned RR

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,438 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • South Asheboro Middle School
  • Asheboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Greystone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7760298100
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Lot Size: 2438
  • Subdivision Name: Greystone
  • Directions: Hwy 64 East, left on Shannon Rd, home on the left.
  • Above Grade Finished Sq Ft: 2438
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2438
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Dog Run, Garden
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lindley Park
  • High School: Asheboro
  • Middle Or Junior School: South Asheboro

Lot Info

  • Parcel #: 7760298100
  • Zoning: RR
  • TRIADMLS_PlatPage: 90
  • TRIADMLS_PlatBook: 62
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2691
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jan 25, 2017
Sold by
Herman Keith M and Herman Julia
Bought by
Tankersley Shellman Melissa
Seller's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
Buyer's Agent
Tyler Wilhoit
Tyler Redhead & McAlister Real Estate, LLC
List Price
$167,900
Sold Price
$145,000
Premium/Discount to List
-$22,900
-13.64%
Current Estimated Value
$359,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,655
Avg. Annual Appreciation
10.81%
Original Mortgage
$142,373
Outstanding Balance
$115,317
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$244,338

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lamason Wendel C and Lamason Tamara
Bought by
Herman Keith M and Herman Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,726
Interest Rate
5.5%
Mortgage Type
VA
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
Tankersley Shellman Melissa $145,000 None Available
Herman Keith M $196,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tankersley Shellman Melissa $142,373
Previous Owner Herman Keith M $202,726
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2017 01/30/17 Sold $145,000 -13.6% $69 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $167,900 -- $80 / 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 $3,326 $250,980 $44,720 $206,260
2024 $3,326 $250,980 $44,720 $206,260
2023 $3,326 $250,980 $44,720 $206,260
2022 $2,578 $178,860 $33,930 $144,930
2021 $2,578 $178,860 $33,930 $144,930
2020 $2,578 $178,860 $33,930 $144,930
2019 $2,578 $178,860 $33,930 $144,930
2018 $2,686 $183,060 $34,830 $148,230
2016 $2,686 $183,055 $34,830 $148,225
2015 $2,691 $183,055 $34,830 $148,225
2014 -- $183,055 $34,830 $148,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 797839

Triad MLS

APN: 7760-29-8100