NOT LISTED FOR SALE

883 Oakwood Acres Rd Asheboro, NC 27205

Estimated Value: $178,000 - $241,000

2 Beds
1.5 Baths
1,027 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 23, 2013

Last sale price $57,500 $56 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $1,186/month

63 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding

About This Home

As of January 2013

381-806477 (IN)HUD OWNED.AS IS W/O repairs or warranties. HUDHOMESTORE websites for Property Condition Report, environmental concerns, if any, online bidding, and required contract and addenda. Registered HUD brokers only. All info believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant.FOR LOCKBOX AND SHOWING INFORMATION PLEASE CONTACT LISTING BOOK.THIS IS AN EQUAL HOUSING OPPORTUNITY PROPERTY.

Last Buyer's Agent

Holly Sparks

Ironclad Real Estate Inc. License #267972

Ironclad Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R15A

Parking

  • No Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,027 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Oakwood Acres Sec I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7649892392
  • 505% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Oakwood Acres Sec I
  • Directions: 220 Bypass South, exit on Hwy 49 South, continue on Hwy 49 South, Left on Mack Road, Right on Friendly Rd, Left on Oakwood Acres Rd, Home will be on the Left.
  • Above Grade Finished Sq Ft: 1027
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1986
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1027
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1027
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Frame, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7649892392
  • Zoning: R15A

Tax Info

  • Tax Annual Amount: 505.43
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Jan 18, 2013
Sold by
Secretary Hud
Bought by
Williams Martha
Buyer's Agent
Holly Sparks
Ironclad Real Estate Inc.
List Price
$60,000
Sold Price
$57,500
Premium/Discount to List
-$2,500
-4.17%
Current Estimated Value
$212,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,204
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Oct 1, 2012
Sold by
James Christopher R and James Courtneyd
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 26, 2007
Sold by
Hunt Sammy L and Hunt Janet B
Bought by
James Christopher R and James Courtney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,447
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 1990
Bought by
Williams Martha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Williams Martha -- None Available
Secretary Of Hud $66,400 None Available
James Christopher R $115,500 None Available
Williams Martha $45,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Christopher R $114,447
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2013 01/23/13 Sold $57,500 -4.2% $56 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $60,000 -- $58 / 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 $797 $128,490 $33,110 $95,380
2024 $797 $128,490 $33,110 $95,380
2023 $797 $128,490 $33,110 $95,380
2022 $675 $89,730 $19,950 $69,780
2021 $675 $89,730 $19,950 $69,780
2020 $648 $89,730 $19,950 $69,780
2019 $648 $89,730 $19,950 $69,780
2018 $573 $77,170 $14,960 $62,210
2016 $558 $77,166 $14,960 $62,206
2015 $559 $77,166 $14,960 $62,206
2014 -- $77,166 $14,960 $62,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 655792

Triad MLS

APN: 7649-89-2392