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1342 Old Cedar Falls Road

1342 Old Cedar Falls Road, Asheboro, NC 27203
Property in Randolph
Sold Apr 29, 2021
$120,000
$96,000 by Bank Of The Ozarks
Mortgage
Sold Oct 18, 1989
$35,000
Buyer
1342 Old Cedar Falls Road has been categorized by the local assessors in Asheboro, NC as a residential type of property. The building on the property was first built in 1964 and is 60 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1342 Old Cedar Falls Road has 912 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 38,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Apr 14, 2021 for $120,000. That's $131.58 per sqft. Prior to that sales transaction, the property was also sold in Oct 18, 1989 for $35,000. 1342 Old Cedar Falls Road was last assessed in 2023. The total value of the property was assessed at $199,030. Specifically, the land the property is located on was valued at $20,030. While improvements on the property were assessed at a total of $179,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,523. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 912
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CEDAR FALLS RD
  • Land Acres: 0.89
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CEDAR FALLS RD;S

Ownership

  • Current Owner : SPEER JOSEPH BELIER
  • Current Owner 2: SPEER HEATHER STOUT
  • Previous Owner : KING GLENN R

Neighborhood

  • School District Name: Asheboro City Schools
  • School Tax School District: ASHEBORO SCHOOL
  • School Tax District Code 2: EASTSIDE
  • Census Tract: 030302

Zoning

  • Zoning: R75

Geography

  • District: 01
  • Parcel: 7761449514
  • Block: 44
  • Municipality: ASHEBORO
  • Latitude: 35.7109
  • Longitude: -79.7916

    Address

  • Full Address: 1342 Old Cedar Falls Rd
  • Address - House Number: 1342
  • Address - Street Name: Old Cedar Falls
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Asheboro
  • Carrier Code: R014
  • 4-Digit Zip Code: 8346
  • Zip Code: 27203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,523

    Appraisal Valuation

  • Standard Deviation: 0.3849
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 23
  • Final Value: 142,491
  • High Value: 197,349
  • Low Value: 87,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: BANK OF THE OZARKS
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $199,030
  • Market Land Value: $20,030
  • Market Improvement Value: $179,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,030
  • Assessed Land Value: $20,030
  • Assessed Improvements Value: $179,000

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11834054822
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20120141
  • Previous Sale Recording Date: Oct 18, 1989
  • Previous Sale Contract Date: Oct 18, 1989
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE OZARKS
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $96,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Randolph



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Frequently Asked Questions

What neighborhood is 1342 Old Cedar Falls Road located in?
The 1342 Old Cedar Falls Road is a located in the neighborhood of Randolph in Randolph, Asheboro.
What is the average sales price for listings in 1342 Old Cedar Falls Road?
The average sales price for units in 1342 Old Cedar Falls Road is $0 currently.

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