$380,000
SOLD OCT 24, 2024

871 Monroe Ave Asheboro, NC 27205

3 Beds
3 Baths
2,518 Sq Ft
1.03 Acres

Recently Sold

$151 Per Sq Ft

11% Below List Price

97 Days on Market

Highlights

  • 1.03 Acre Lot
  • No HOA
  • Central Air
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2024

This beautiful property has a spacious chef's kitchen with luxurious granite countertops, plenty of cabinet space, and stunning hardwood floors throughout. It includes four large fireplaces. The large primary suite features a fireplace and a mini bar, perfect for enjoying coffee in bed next to a warm fire. The home also has a sizable unfinished basement and an extra deep 2-car garage with a high ceiling, ideal for a potential car lift. It offers convenient access to I-73 and Hwy 64.

Last Agent to Sell the Property

John Naylor

Worth Clark Realty License #291320 Listed on: 06/28/2024

Worth Clark Realty

Last Buyer's Agent

Maria Chrysson

JPAR Legacy Group License #328633

JPAR Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1981

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 120 x 297
  • Property is zoned RE

Parking

  • 2 Car Attached Garage

Home Design

  • Masonite

Interior Spaces

  • 2,518 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 4 Fireplaces
  • Den with Fireplace
  • Unfinished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodmere Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7740827204
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,467

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 120 x 297
  • Subdivision Name: Woodmere Park
  • Directions: Hwy 49 to Mack Rd to Monroe Ave
  • Above Grade Finished Sq Ft: 2518
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1981
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Den, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Living Area: 2518
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7740827204
  • Zoning: RE
  • TRIADMLS_PricePerAcre: 368932.0388
  • TRIADMLS_DeedPage: 340
  • TRIADMLS_DeedBook: 2669

Tax Info

  • Tax Annual Amount: 2467
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 16, 2024
Sold by
Purchasing Fund 2023-2 Llc
Bought by
Bennett Hilton and Bennett Laura
Seller's Agent
John Naylor
Worth Clark Realty
Buyer's Agent
Maria Chrysson
JPAR Legacy Group
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Total Days on Market
97
Views
422
Current Estimated Value
$390,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,806
Avg. Annual Appreciation
4.09%
Original Mortgage
$368,600
Outstanding Balance
$365,355
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$27,509

Purchase Details

Closed on
May 22, 2024
Sold by
Lewis George C and Mason Cynthia K
Bought by
Purchasing Fund 2023-2 Llc

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 30, 2019
Sold by
Cranford Tommy Lee and Cranford Ann Gatlin
Bought by
Lewis George C and Mason Cynthia K
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Brian Gallimore
RE/MAX Central Realty
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$245,373
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,000 None Listed On Document
Warranty Deed $378,500 None Listed On Document
Warranty Deed $378,500 None Listed On Document
Warranty Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,600 New Conventional
Previous Owner $245,373 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $380,000 -3.8% $151 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $395,000 +3.9% $157 / Sq Ft
08/06/2024 08/06/24 Price Changed $380,000 -5.0% $151 / Sq Ft
07/15/2024 07/15/24 Price Changed $400,000 -5.9% $159 / Sq Ft
06/28/2024 06/28/24 For Sale $425,000 +70.1% $169 / Sq Ft
06/16/2021 06/16/21 Off Market $249,900 -- --
09/30/2019 09/30/19 Sold $249,900 -- $114 / 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
2024 $2,467 $322,400 $57,440 $264,960
2023 $2,467 $322,400 $57,440 $264,960
2022 $2,119 $228,650 $40,220 $188,430
2021 $2,119 $228,650 $40,220 $188,430
2020 $2,073 $228,650 $40,220 $188,430
2019 $1,959 $216,100 $40,220 $175,880
2018 $2,218 $237,830 $38,220 $199,610
2016 $2,194 $237,826 $38,220 $199,606
2015 $2,176 $237,826 $38,220 $199,606
2014 -- $237,826 $38,220 $199,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1147620

Triad MLS

APN: 7740-82-7204