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1427 South Fayetteville Street

1427 South Fayetteville Street, Asheboro, NC 27205
House in Randolph
Sold Jul 27, 2023
$270,000
$202,500 by Highlands Residential Mortgage
Mortgage Due Aug 01, 2053
Sold Oct 23, 2019
$60,000
$104,500 by Hamlet Mabe Rentals Llc
Mortgage Due Nov 18, 2029
1427 South Fayetteville Street 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 1955 and is 69 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, 1427 South Fayetteville Street has 1,526 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 9,583 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of wood. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1427 South Fayetteville Street sold most recently in Jul 27, 2023 for a total of $270,000. If you work out the math, that's approximately a cost of $176.93 per sqft. Before that, the property was also sold for $60,000 in Oct 18, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,458 in taxes each year. 1427 South Fayetteville Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,980. If we break it down further, the land itself was valued at $33,720. Improvements to the property, however, were assessed at a total of $76,260. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,526
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOPKINS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOPKINS LOPT 4 & 5 PL1-29

Ownership

  • Current Owner : LARIMORE GLORIA ANN
  • Previous Owner : RIVERA-JIMENEZ BALTAZAR
  • Owner Before Previous Owner: KEMP CHARLES LLOYD
  • Owner Before Previous Owner 2: KEMP SYLVIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Asheboro City Schools
  • School Tax School District: ASHEBORO SCHOOL
  • Census Tract: 030202

Zoning

  • Zoning: B2

Geography

  • Assessors Map Reference: MB 1 MP 29
  • Parcel: 7750756936
  • Block: 75
  • Lot: 5
  • Municipality: ASHEBORO
  • Latitude: 35.6872
  • Longitude: -79.816

    Address

  • Full Address: 1427 S Fayetteville St
  • Address - House Number: 1427
  • Street Direction: S
  • Address - Street Name: Fayetteville
  • Address - Suffix Type: St
  • State: NC
  • City Name: Asheboro
  • Carrier Code: C008
  • 4-Digit Zip Code: 6831
  • Zip Code: 27205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,458

    Appraisal Valuation

  • Standard Deviation: 0.3781
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 24
  • Final Value: 222,740
  • High Value: 306,974
  • Low Value: 138,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 27, 2023
  • First Open Lien Mortgage Loan Amount: $202,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $109,980
  • Market Land Value: $33,720
  • Market Improvement Value: $76,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,980
  • Assessed Land Value: $33,720
  • Assessed Improvements Value: $76,260

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Transaction ID: 11909946978
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20168289
  • Previous Sale Recording Date: Oct 23, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 27, 2023
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HAMLET MABE RENTALS LLC
  • Previous Mortgage Transaction Date: Oct 23, 2019
  • Previous Mortgage Loan Amount: $104,500
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 18, 2029

About Asheboro



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Nearby Rentals

Unit for rent at 118 Presnell Street, Asheboro, NC, 27203

$1,100 /mo

  • 1 Bed
  • 0.5 Bath
118 Presnell Street, Asheboro, NC, 27203 Listing by Eric Garner

Frequently Asked Questions

What neighborhood is 1427 South Fayetteville Street located in?
The 1427 South Fayetteville Street is a house located in the neighborhood of Randolph in Asheboro, Asheboro.
What is the average sales price for listings in 1427 South Fayetteville Street?
The average sales price for units in 1427 South Fayetteville Street is $0 currently.

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