NOT LISTED FOR SALE

963 Redwood Dr Unit 1-4 Asheboro, NC 27205

Estimated Value: $218,000 - $286,000

-- Bed
4 Baths
-- Sq Ft
0.96 Acres

Last Sold January 10, 2023

Last sale price $200,000

Est. 23% increase in value since last sale

Current estimated payment $1,379/month

41 Days on Market

Highlights

  • 0.96 Acre Lot
  • No HOA
  • Kitchen Appliances
  • Partially Wooded Lot
  • Accessible Parking
  • Lot Has A Rolling Slope

About This Home

As of January 2023

2 of the apartments per seller have been redone with paint,floors, cabinets ,countertops, sinks, toilets, light fixtures , electric baseboard heat, windows and wall A/C units. #2 has been partially updated .Quad is brick with red metal roof 3 Apts rent for $600 month and one that has not been redone for $395. Owners pays for garbage pickup $153 every 3 months.

Last Agent to Sell the Property

Billie Dunning

RE/MAX Central Realty License #148271 Listed on: 10/12/2022

RE/MAX Central Realty

Last Buyer's Agent

Mitchell Mullis

Keller Williams Realty License #294902

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $875

Year Built

  • Built in 1988

Lot Details

  • 0.96 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Insulated Doors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • No Garage
  • Gravel Driveway

Accessible Home Design

  • Kitchen Appliances
  • Accessible Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • 2,247 Sq Ft Building
  • Oakwood Acres Subdivision

Listing and Financial Details

  • Tax Lot 453-460
  • Assessor Parcel Number 7649793147
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$875

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.96
  • Subdivision Name: Oakwood Acres
  • Directions: 49 West - left on Mack Rd.- Rt on Friendly Acres - take 1st left - rt on Redwood- look for quad plex with metal red roof on left
  • Year Built: 1988
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Accessible Kitchen Appliances, Accessible Parking
  • Door Features: Insulated Doors
  • TRIADMLS_ApproxSqFtRange: 2000 - 2400
  • Basement YN: No

Exterior Features

  • Lot Features: Partially Wooded, Rolling Slope
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Total Parking Spaces: 6
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Shared Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7649793147
  • Zoning: RE
  • TRIADMLS_PlatPage: 77
  • TRIADMLS_PlatBook: 11
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 875.47
  • Tax Lot: 453-460
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.7527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jan 6, 2023
Sold by
Parks Joenardo and Parks Diara
Bought by
Wright Investment Trust
Seller's Agent
Billie Dunning
RE/MAX Central Realty
Buyer's Agent
Mitchell Mullis
Keller Williams Realty
List Price
$280,000
Sold Price
$200,000
Premium/Discount to List
-$80,000
-28.57%
Views
20
Current Estimated Value
$245,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,333
Avg. Annual Appreciation
7.33%
Original Mortgage
$300,000
Outstanding Balance
$290,370
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$45,037

Purchase Details

Closed on
Jul 21, 2021
Sold by
Briles Dwain V and Briles Doloris S
Bought by
Parks Joenardo and Parks Diara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2019
Sold by
Briles Dwain V and Briles Doloris S
Bought by
Daniel Adena L and Briles Strader A
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
Wright Investment Trust $200,000 --
Parks Joenardo $145,000 None Available
Daniel Adena L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Investment Trust $300,000
Previous Owner Parks Joenardo $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $200,000 -16.7% --
11/23/2022 11/23/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $240,000 -14.3% --
10/12/2022 10/12/22 For Sale $280,000 -- --
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 $1,038 $167,400 $40,460 $126,940
2024 $1,038 $167,400 $40,460 $126,940
2023 $1,038 $167,400 $40,460 $126,940
2022 $875 $116,310 $23,300 $93,010
2021 $875 $116,310 $23,300 $93,010
2020 $841 $116,310 $23,300 $93,010
2019 $841 $116,310 $23,300 $93,010
2018 $817 $110,010 $18,580 $91,430
2016 $795 $110,011 $18,580 $91,431
2015 $798 $110,011 $18,580 $91,431
2014 -- $110,011 $18,580 $91,431
Source: Public Records

Agents Affiliated with this Home

  • Billie Dunning

    Seller's Agent in 2023

    Billie Dunning

    RE/MAX

    (336) 626-5600

    58 in this area

    91 Total Sales

    Billie Dunning
    Section Image
  • Mitchell Mullis

    Buyer's Agent in 2023

    Mitchell Mullis

    Keller Williams Realty

    (336) 991-2654

    93 in this area

    829 Total Sales

    Mitchell Mullis
    Section Image
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Map

Source: Triad MLS

MLS Number: 1086783

Triad MLS

APN: 7649-79-3147

North Carolina Randolph County Asheboro 27205

963 Redwood Dr Unit 1-4, Asheboro, NC

Not Listed for Sale

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