$425,000
SOLD OCT 4, 2024

1105 Ritters Lake Rd Greensboro, NC 27406

3 Beds
2 Baths
1,470 Sq Ft
5.95 Acres

Recently Sold

$289 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • 5.95 Acre Lot
  • Horses Allowed On Property
  • Outdoor Pool
  • Pond

About This Home

As of October 2024

Been dreaming of having acreage? A pond? A pasture for your horses and animals? Look No farther! Hobby farm enthusiasts or those who just want privacy can enjoy the serene surroundings of 1105 Ritters Lake rd! Better than brand new~This home has been completely updated over the past 3 years on all the major systems, including HVAC, metal roofing, water heater, updated plumbing, a new sump pump & replacement Window World Windows (with a transferable LIFETIME WARRANTY!)! The unfinished walkout basement has has hvac & incredible opportunities for further expansion&also features a full bathroom with clawfoot tub.Many more improvements outside include new storage buildings,fencing, gutters with Leafguards, as well a new chimney cap. Gorgeous land accumulates to 5.95 stunning acres. Property has been subdivided for tax purposes but sold together. Only minutes to shopping or dining and only a short drive to the new Toyota Megasite! Make your appointment today for the place you will call home!

Last Agent to Sell the Property

Nicole Gillespie

RE/MAX Realty Consultants License #271240 Listed on: 08/14/2024

RE/MAX Realty Consultants

Co-Listed By

Karmen Quakenbush

RE/MAX Realty Consultants License #334005

Last Buyer's Agent

Jason Duke

Hillcrest Realty Group License #328778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1964

Lot Details

  • 5.95 Acre Lot
  • Home fronts a pond
  • Fenced
  • Property is zoned RS 40

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Pond
  • Outdoor Storage
  • Porch

Schools

  • Southeast Middle School
  • Southeast High School

Farming

  • Barn
  • Pasture

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • Stair Lift
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131073
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$979

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5.95
  • Lot Size: 0
  • Co List Office Mls Id: GRMHP01
  • Co List Office Phone: 336-217-9300
  • Subdivision Name: None
  • Directions: S Elm-Eugene St, Turn left onto Ritters Lake Rd, home will be on the left side.
  • Above Grade Finished Sq Ft: 1470
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1964
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Accessibility Features: Pool Ramp Entry, Stair Lift
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 1470
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Allowed, Pasture
  • Pool Features: Above Ground
  • Waterfront Features: Pond
  • Construction Type: Brick
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Paved, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Multiple Systems, See Remarks, Electric, Propane, Wood
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas, Remarks, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pleasant Garden
  • High School: Southeast
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 131073
  • Zoning: RS 40
  • TRIADMLS_PricePerAcre: 71428.5714
  • TRIADMLS_DeedPage: 02427
  • TRIADMLS_DeedBook: 007872

Tax Info

  • Tax Annual Amount: 979.33
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.8993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 30, 2024
Sold by
Wadsworth Jane Cherry and Butler Timothy David
Bought by
Poplin Travis B and Poplin Tyler C
Seller's Agent
Nicole Gillespie
RE/MAX Realty Consultants
Buyer's Agent
Jason Duke
Hillcrest Realty Group
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Total Days on Market
22
Views
70
Current Estimated Value
$413,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,888
Avg. Annual Appreciation
-4.15%
Original Mortgage
$350,000
Outstanding Balance
$348,061
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$65,051

Purchase Details

Closed on
Nov 3, 2016
Sold by
Jke Properties Ii Llc
Bought by
Wadsworth Jane Cherry and Butler Timothy David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,533
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2015
Bought by
Jke Properties Ii Llc

Purchase Details

Closed on
Nov 21, 2013
Sold by
Jones Tessa W and Murphy James Freddie
Bought by
Elkins Jean K
Source: Public Records

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Range of Values:

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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 $425,000 None Listed On Document
Warranty Deed $124,500 None Available
Warranty Deed -- --
Warranty Deed $124,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $125,533 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $425,000 -2.3% $289 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $435,000 -- $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
2023 $989 $110,000 $33,000 $77,000
2022 $956 $110,000 $33,000 $77,000
2021 $655 $75,300 $24,000 $51,300
2020 $636 $75,300 $24,000 $51,300
2019 $633 $75,300 $0 $0
2018 $630 $75,300 $0 $0
2017 $638 $75,300 $0 $0
2016 $606 $0 $0 $0
2015 $610 $70,027 $0 $0
2014 $609 $70,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1151572

Triad MLS

APN: 0131073