NOT LISTED FOR SALE

980 Monroe Ave Asheboro, NC 27205

Estimated Value: $443,000 - $469,814

3 Beds
2.5 Baths
2,900 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $358,000 $123 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,634/month

1 Day on Market

Highlights

  • 0.9 Acre Lot
  • No HOA
  • Central Air
  • Wood Flooring
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of March 2021

Gorgoues Home! This 3 bed 2.5 bath home features a newly renovated farmhouse style kitchen with a open concept. Cute dining nook overlooking the back yard. Waterproof flooring and hardwoods thoughout. Bonus room upstairs with new carpet. Unfinished basement with woodstove. Exterior features include a 3 tier back deck that leads to a firepit, new concrete driveway/sidewalks, nice wooden fenced in back yard. Home is in a convient location outside of city limits and SW school District. You dont want to miss this one!

Last Agent to Sell the Property

Jenna Connolly

Connection Realty, LLC License #284408 Listed on: 02/03/2021

Last Buyer's Agent

Jacqueline Munoz

The Hive Co Realty LLC License #311705

The Hive Co Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1980

Lot Details

  • 0.9 Acre Lot
  • Fenced
  • Property is zoned RE

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Southwestern Randolph Middle School
  • Southwestern Randolph High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodmere Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7740727038
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Subdivision Name: Woodmere Park
  • Directions: From 220 S, Take exit 72B, Turn Right onto Albemarle Rd, Make left on Mack Rd, Make Right onto Monroe Ave and house is on right
  • Above Grade Finished Sq Ft: 2680
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2680
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Exclusions: Bed #2 Light Fixture, Heating System In Garage, Tool Box Cabinets current Stove And Refrigerator Will Be Replaced With Different Ss Stove And Refrigerator
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southmont
  • High School: Southwestern Randolph
  • Middle Or Junior School: Southwestern Randolph

Lot Info

  • Parcel #: 7740727038
  • Zoning: RE
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1773.35
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.7627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 26, 2021
Sold by
Labarre Justin Riley and Labarre Amber Luffman
Bought by
Thames Daniel T and Thames Dana C
Seller's Agent
Jenna Connolly
Connection Realty, LLC
Buyer's Agent
Jacqueline Munoz
The Hive Co Realty LLC
Sold Price
$358,000
Current Estimated Value
$458,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,454
Avg. Annual Appreciation
5.43%
Original Mortgage
$358,000
Outstanding Balance
$325,698
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$132,756

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 15, 2018
Sold by
Mckinney John A and Mckinney Edna W
Bought by
Labarre Justin Riley and Labarre Amber Luffman
Seller's Agent
Celia Russell
Howard Hanna Allen Tate-Asheboro
Buyer's Agent
Jenna Connolly
Connection Realty, LLC
List Price
$252,000
Sold Price
$237,500
Premium/Discount to List
-$14,500
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$225,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1989
Bought by
Mckinney John A Mckinney Edna W
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
Thames Daniel T $358,000 None Available
Thames Daniel T $358,000 None Listed On Document
Labarre Justin Riley $238,000 None Available
Mckinney John A Mckinney Edna W $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thames Daniel T $358,000
Closed Thames Daniel T $358,000
Previous Owner Labarre Justin Riley $225,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $358,000 +50.7% $149 / Sq Ft
06/15/2018 06/15/18 Sold $237,500 -5.8% $99 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $252,000 -- $105 / 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 $2,646 $400,950 $54,830 $346,120
2024 $2,606 $400,950 $54,830 $346,120
2023 $2,606 $400,950 $54,830 $346,120
2022 $2,299 $293,760 $38,800 $254,960
2021 $1,820 $232,510 $38,800 $193,710
2020 $1,773 $232,510 $38,800 $193,710
2019 $1,773 $232,510 $38,800 $193,710
2018 $1,914 $244,550 $36,800 $207,750
2016 $1,889 $244,548 $36,800 $207,748
2015 $1,871 $244,548 $36,800 $207,748
2014 -- $244,548 $36,800 $207,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1011561

Triad MLS

APN: 7740-72-7038