$589,000
SOLD JAN 15, 2025

982 Chaney Rd Asheboro, NC 27205

3 Beds
3 Baths
2,345 Sq Ft
26.8 Acres

Recently Sold

$251 Per Sq Ft

15% Below List Price

70 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Maid or Guest Quarters
  • Horses Allowed On Property
  • 26.8 Acre Lot
  • Dining Room with Fireplace

About This Home

As of January 2025

Beautiful 1800's farmhouse w/addition on 26+/- acres! Truly a one of a kind home boasting hardwood floors, 3 fireplaces, formal dining, den & huge great room w/vaulted ceiling, stone FP & french doors! Quaint eat-in kitchen, full bath & office part of the original home w/ceilings less than 7' & not counted in total sq ft (approx 350 sf). Fabulous primary suite boasts vaulted ceiling, hardwoods, stained glass, walk-in closet & full bath featuring 2 vanities, soaker tub & walk-in shower! Nice sunroom (not counted in sf) & laundry on main. 2 additional bedrooms upstairs. Fantastic outside space boasting wrap around porch, hot tub, patio, fire pit w/propane gas, barn, basketball court, wired building w/wood stove & finished interior, chicken coop & well house w/gas logs. Ample parking w/double garage & 2 carport sheds. Beautiful finished cabin (not permitted) perfect for your guests! Trails leading to creek w/bridge crossover, 1 room cabin w/woodstove & lots of wildlife! Gorgeous property!

Last Agent to Sell the Property

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 10/08/2024

RE/MAX Central Realty

Last Buyer's Agent

Vickie Gallimore

RE/MAX Central Realty License #101661 Listed on: 10/08/2024

RE/MAX Central Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1890

Lot Details

  • 26.8 Acre Lot
  • Home fronts a creek
  • Property is zoned RR

Parking

  • 6 Car Detached Garage
  • Detached Carport Space

Home Design

  • Wood Siding
  • Siding

Interior Spaces

  • 2,345 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Crawl Space
  • Home Security System
  • Free-Standing Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Freestanding Bathtub
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Creek On Lot
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 528 SF Accessory Dwelling Unit
  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8871 / 72
  • Assessor Parcel Number 7781728871
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,987

Year Built

Built in 1890

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 26.8
  • Subdivision Name: None
  • Directions: Hwy 64, turn onto Foxfire road, right onto Chaney Road, home will be on the right
  • Above Grade Finished Sq Ft: 2345
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1890
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_SecondLQHeatedFinished Sq Ft: 528
  • TRIADMLS_FencedYN: No
  • TRIADMLS_SecondLQAttachedYN: No
  • TRIADMLS_LandDescription: Creek
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Great Room, Guest Quarters, Built-in Features, Ceiling Fan(s), Freestanding Tub, Soaking Tub, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den, Dining Room, Great Room
  • Fireplaces: 3
  • Living Area: 2345
  • Main Level Bathrooms: 3
  • Attic Description: Eave Storage, Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Horses Allowed
  • Pool Features: None
  • Waterfront Features: Creek
  • Construction Type: Composite Siding, Wood Siding
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Carport, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Multiple Systems, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7781728871
  • Zoning: RR

Tax Info

  • Tax Annual Amount: 1986.88
  • Tax Block: 72
  • Tax Lot: 8871
  • Tax Map Number: 7781
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Jan 15, 2025
Sold by
Luther Keith Melvin and Luther Kimberly A
Bought by
Adventure Time Trust
Seller's Agent
Vickie Gallimore
RE/MAX Central Realty
Buyer's Agent
Vickie Gallimore
RE/MAX Central Realty
List Price
$695,000
Sold Price
$589,000
Premium/Discount to List
-$106,000
-15.25%
Views
106
Current Estimated Value
$596,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,874
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Luther Michelle C and Luther Angela
Bought by
Luther Keith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Bought by
Luther Keith M Luther Michelle C
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 Type Sale Price Title Company
Warranty Deed $589,000 None Listed On Document
Warranty Deed $589,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $148,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $117,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $589,000 -13.3% $251 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $679,500 -2.2% $290 / Sq Ft
10/08/2024 10/08/24 For Sale $695,000 -- $296 / 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 $2,432 $379,240 $179,690 $199,550
2024 $1,992 $310,450 $179,690 $130,760
2023 $1,992 $310,450 $179,690 $130,760
2022 $1,794 $231,550 $142,060 $89,490
2021 $1,794 $231,550 $142,060 $89,490
2020 $1,748 $231,550 $142,060 $89,490
2019 $1,748 $231,550 $142,060 $89,490
2018 $1,793 $231,600 $126,750 $104,850
2016 $1,878 $242,690 $131,930 $110,760
2015 $1,836 $242,690 $131,930 $110,760
2014 $1,836 $242,690 $131,930 $110,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1157953

Triad MLS

APN: 7781-72-8871