NOT LISTED FOR SALE

1301 Summit Ave Greensboro, NC 27405

Estimated Value: $71,000 - $182,000

4 Beds
1 Bath
1,155 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $31,000 $27 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $806/month

218 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Asbestos
  • Cottage

About This Home

As of June 2014

Potential doll house, offering lots of scope for potential homeowner or investor to increase investment through a little elbow grease. And look at the advantages there already: convenient to downtown, desirable schools, lovely backyard, covered parking, corner lot and circular drive allows easy access off Meadow St. Please note that ceiling heights on 2nd floor may be a little under 7'.

Last Agent to Sell the Property

Jane Hornsby

Coldwell Banker Advantage License #206893 Listed on: 11/04/2013

Coldwell Banker Advantage

Last Buyer's Agent

Joe Steele

Steele Realty Co., Inc. License #246157

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned RS-9

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Cottage
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 1,155 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Aycock Middle School
  • Page High School

Community Details

  • No Home Owners Association
  • Cone Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0027385

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: Cone Mills
  • Directions: From downtown take Summit Ave, left on 3rd St, right (north) on Maple, Rt. on Meadow.
  • Above Grade Finished Sq Ft: 1155
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1155
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1155
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Construction Type: Asbestos, Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Irving Park
  • High School: Page
  • Middle Or Junior School: Aycock

Lot Info

  • Parcel #: 0027385
  • Zoning: RS-9
  • TRIADMLS_PlatPage: 14
  • TRIADMLS_DeedPage: 1316
  • TRIADMLS_DeedBook: 7522
  • TRIADMLS_PlatBook: 18

Tax Info

  • Tax Annual Amount: 976
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 1.4124457
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Jun 23, 2014
Sold by
Capital Bank
Bought by
Stelle Joseph A
Seller's Agent
Jane Hornsby
Coldwell Banker Advantage
Buyer's Agent
Joe Steele
Steele Realty Co., Inc.
List Price
$46,900
Sold Price
$31,000
Premium/Discount to List
-$15,900
-33.9%
Current Estimated Value
$134,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,714
Avg. Annual Appreciation
13.87%
Original Mortgage
$26,350
Outstanding Balance
$20,020
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$114,694

Purchase Details

Closed on
Jul 24, 2013
Sold by
Two Eaves Investment Properties Llc
Bought by
Capital Bank

Purchase Details

Closed on
May 9, 2005
Sold by
Two Eaves Investment Properties Llc
Bought by
Baker Barbara P and Murphy Clara D

Purchase Details

Closed on
Jun 28, 2004
Sold by
Irwin Mortgage Corp
Bought by
Two Eaves Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Carter Larry Darnell
Bought by
Irwin Mortgage Corp

Purchase Details

Closed on
Jun 15, 2001
Sold by
Cox Mandrano Robert E
Bought by
Carter Larry Darnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,458
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1999
Sold by
Frank Moore and Frank Amy T
Bought by
Mandrano Roberta E Cox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
7.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stelle Joseph A $31,000 Chicago Title Insurance Co
Capital Bank $38,500 None Available
Baker Barbara P -- --
Two Eaves Investment Properties Llc $27,000 --
Irwin Mortgage Corp $78,128 --
Carter Larry Darnell $69,000 --
Mandrano Roberta E Cox $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stelle Joseph A $26,350
Previous Owner Two Eaves Investment Properties Llc $44,000
Previous Owner Carter Larry Darnell $68,458
Previous Owner Mandrano Roberta E Cox $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $31,000 -33.9% $27 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $46,900 -- $41 / 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 $1,100 $78,400 $32,000 $46,400
2024 $1,100 $78,400 $32,000 $46,400
2023 $1,100 $78,400 $32,000 $46,400
2022 $1,069 $78,400 $32,000 $46,400
2021 $900 $64,600 $20,000 $44,600
2020 $900 $64,600 $20,000 $44,600
2019 $900 $64,600 $0 $0
2018 $874 $64,600 $0 $0
2017 $874 $64,600 $0 $0
2016 $957 $69,100 $0 $0
2015 $962 $69,100 $0 $0
2014 $969 $69,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jane Hornsby

    Coldwell Banker Advantage

    (336) 908-4913

    11 Total Sales

    Jane Hornsby
    Section Image

  • J

    Buyer's Agent in 2014

    Joe Steele

    Steele Realty Co., Inc.

    Joe Steele
    Section Image
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Map

Source: Triad MLS

MLS Number: 689403

Triad MLS

APN: 0027385

North Carolina Guilford County Greensboro 27405

1301 Summit Ave, Greensboro, NC

This home is located at 1301 Summit Ave, Greensboro, NC 27405 since 04 November 2013 and is currently estimated at $134,714, approximately $116 per square foot. This property was built in 1950. 1301 Summit Ave is a home located in Guilford County with nearby schools including Irving Park Elementary School, Melvin C. Swann Jr. Middle School, and Page High School.

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