NOT LISTED FOR SALE

1516 Lees Chapel Rd Greensboro, NC 27405

Estimated Value: $187,000 - $208,110

3 Beds
1 Bath
1,100 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $138,171 $126 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,191/month

17 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

This charming ranch style home is all-brick with well over an acre of open land, a detached oversized 1-car garage and 3 bedrooms! The home features some hardwood floors, large kitchen, and updated bathroom. In addition, the HVAC system has been recently updated and includes an oil furnace as back-up. This property would make a fantastic starter home or investment property!! Schedule your showing today!

Last Agent to Sell the Property

Linda Lanier

Real Broker LLC License #197470 Listed on: 12/10/2021

Last Buyer's Agent

Yamila Smith

Keller Williams One License #296930

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1960

Lot Details

  • 1.28 Acre Lot
  • Cleared Lot
  • Property is zoned RS-12

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7877214345
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.28
  • Subdivision Name: None
  • Directions: Take 1-73 N to right onto N Elm St, turn left onto Pisgah Church Rd, continue onto Lees Chapel, home is on the right
  • Above Grade Finished Sq Ft: 1025
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1025
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7877214345
  • Zoning: RS-12
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1216.09
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 21, 2022
Sold by
William Farnham Lucas and Rayne Skylar
Bought by
Hansen Zachary David
Seller's Agent
Linda Lanier
Real Broker LLC
Buyer's Agent
Yamila Smith
Keller Williams One
Sold Price
$138,171
Current Estimated Value
$197,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,857
Avg. Annual Appreciation
9.92%
Original Mortgage
$135,668
Outstanding Balance
$125,214
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$71,814

Purchase Details

Listed on
Sep 27, 2017
Closed on
Dec 18, 2017
Sold by
Dupont Brandon M and Dupont Angela P
Bought by
Farnham Lucas William and Farnham Skylar Rayne
Seller's Agent
Default Firm Record
Cedarwood Realty
List Price
$100,000
Sold Price
$97,000
Premium/Discount to List
-$3,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$79,212
Interest Rate
5.5%
Mortgage Type
FHA
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
Hansen Zachary David $138,500 Stegall & Clifford Pllc
Farnham Lucas William $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Zachary David $135,668
Previous Owner Farnham Lucas William $79,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $138,171 +42.4% $154 / Sq Ft
12/18/2017 12/18/17 Sold $97,000 -3.0% $95 / Sq Ft View Prior Sale
11/18/2017 11/18/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $100,000 -- $98 / 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 $1,925 $137,200 $24,000 $113,200
2024 $1,925 $137,200 $24,000 $113,200
2023 $1,925 $137,200 $24,000 $113,200
2022 $1,870 $137,200 $24,000 $113,200
2021 $1,216 $87,300 $19,200 $68,100
2020 $1,216 $87,300 $19,200 $68,100
2019 $1,216 $87,300 $0 $0
2018 $1,181 $87,300 $0 $0
2017 $1,077 $79,600 $0 $0
2016 $1,047 $75,600 $0 $0
2015 $1,053 $75,600 $0 $0
2014 $1,060 $75,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Lanier

    Seller's Agent in 2022

    Linda Lanier

    Real Broker LLC

    (336) 337-7405

    106 Total Sales

    Linda Lanier
    Section Image

  • Y

    Buyer's Agent in 2022

    Yamila Smith

    Keller Williams One

    (336) 297-4545

    95 Total Sales

    Yamila Smith
    Section Image

  • D

    Seller's Agent in 2017

    Default Firm Record

    Cedarwood Realty

See All Agents

Map

Source: Triad MLS

MLS Number: 1051832

Triad MLS

APN: 0045874

North Carolina Guilford County Greensboro 27405

1516 Lees Chapel Rd, Greensboro, NC

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