NOT LISTED FOR SALE

1500 Martin Luther King jr Dr Greensboro, NC 27406

Arlington Park Neighborhood

Estimated Value: $126,000 - $175,137

10 Beds
2 Baths
1,700 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $110,000 $65 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $921/month

54 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Forced Air Heating System
  • Grimsley High School Rated A

About This Home

As of November 2022

SELLER WILLING TO PAY $5,000.00 TOWARDS CLOSING COSTS with FULL OFFER!! NO closing cost paid if under asking. 10 bedrooms, 2 bath, 1 kitchen and porch. Rooms rented from $400-$440 with a income potential of $4580.00. Rental rates have room to be higher. This is a great property to purchase. Plenty of parking. Home is Occupied and is being sold AS IS as Residential. It is being used as rooming houses due to being owned by out of state owners. Can be used for personal single family home. Work has been completed on them over last 2 years. No leases. Seller willing to give 2 Day Notices to tenants at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home.

Last Agent to Sell the Property

Roberta Brinkley

Majestic Realty & Property Consultants License #282293 Listed on: 08/16/2022

Last Buyer's Agent

Angela Trauschke

Wilkinson Triad Realty License #227526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1918

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 59 x 176 x 60 x 173
  • Property is zoned RS

Home Design

  • Frame Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Arlington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0005411
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$599

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 59 x 176 x 60 x 173
  • Subdivision Name: Arlington Park
  • Directions: West Florida to Martin Luther King Jr. Drive
  • Above Grade Finished Sq Ft: 1600
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1918
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 10
  • Living Area: 1600
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Frame
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0005411
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 458333.3333
  • TRIADMLS_DeedPage: 01995
  • TRIADMLS_DeedBook: 008152
  • TRIADMLS_PlatBook: 2-71
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 599
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Nov 4, 2022
Sold by
Slaxmi Llc
Bought by
Williams Kathlyn Barrett and Williams Donnie
Seller's Agent
Roberta Brinkley
Majestic Realty & Property Consultants
Buyer's Agent
Angela Trauschke
Wilkinson Triad Realty
List Price
$175,000
Sold Price
$110,000
Premium/Discount to List
-$65,000
-37.14%
Views
115
Current Estimated Value
$154,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,534
Avg. Annual Appreciation
12.54%

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 9, 2019
Sold by
Pirateco Llc
Bought by
Slaxmi Llc
Seller's Agent
Crissy O'Connor
Gate City Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$57,215
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 2005
Bought by
Pirateco Llc
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
Williams Kathlyn Barrett $110,000 --
Slaxmi Llc $95,000 None Available
Pirateco Llc $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slaxmi Llc $57,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $110,000 -24.1% $79 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $145,000 -8.8% $104 / Sq Ft
09/19/2022 09/19/22 Price Changed $159,000 -0.6% $114 / Sq Ft
09/12/2022 09/12/22 Price Changed $160,000 -3.0% $114 / Sq Ft
08/30/2022 08/30/22 Price Changed $165,000 -5.7% $118 / Sq Ft
08/16/2022 08/16/22 For Sale $175,000 +84.2% $125 / Sq Ft
05/10/2019 05/10/19 Sold $95,000 -20.8% $53 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $120,000 -- $67 / 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 $1,179 $84,000 $19,000 $65,000
2024 $1,179 $78,100 $19,000 $59,100
2023 $1,179 $78,100 $19,000 $59,100
2022 $1,145 $84,000 $19,000 $65,000
2021 $599 $43,000 $8,000 $35,000
2020 $599 $43,000 $8,000 $35,000
2019 $599 $43,000 $0 $0
2018 $582 $43,000 $0 $0
2017 $586 $43,000 $0 $0
2016 $965 $69,700 $0 $0
2015 $971 $69,700 $0 $0
2014 $978 $69,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberta Brinkley

    Seller's Agent in 2022

    Roberta Brinkley

    Majestic Realty & Property Consultants

    (336) 232-1516

    2 in this area

    25 Total Sales

    Roberta Brinkley
    Section Image

  • A

    Buyer's Agent in 2022

    Angela Trauschke

    Wilkinson Triad Realty

    (336) 580-0541

    1 in this area

    127 Total Sales

    Angela Trauschke
    Section Image
  • Crissy O'Connor

    Seller's Agent in 2019

    Crissy O'Connor

    Gate City Real Estate

    (336) 253-3065

    110 Total Sales

    Crissy O'Connor
    Section Image

  • N

    Buyer's Agent in 2019

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1080909

Triad MLS

APN: 0005411

North Carolina Guilford County Greensboro 27406 Arlington Park

1500 Martin Luther King jr Dr, Greensboro, NC

This home is located at 1500 Martin Luther King jr Dr, Greensboro, NC 27406 since 16 August 2022 and is currently estimated at $154,534, approximately $90 per square foot. This property was built in 1918. 1500 Martin Luther King jr Dr is a home located in Guilford County with nearby schools including Gillespie Park Elementary School, Kiser Middle School, and Grimsley High School.

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