NOT LISTED FOR SALE

1601 Lucas Ave Greensboro, NC 27405

Estimated Value: $96,000 - $146,000

2 Beds
1 Bath
1,000 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $50,000 $50 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $714/month

1 Day on Market

Highlights

  • Wood Flooring
  • Cottage
  • Ceiling Fan
  • No HOA
  • Porch
  • Satellite Dish

About This Home

As of May 2020

Investors take note, tons of potential here! Priced below tax value, to reflect work needed! This modest sized home holds 2 bedrooms & 1 bath, great potential for a rental investment, or renovate for a starter home, or check out the size of the lot with options to expand to a larger home-nicely cleared & level on a .45 acre lot in Greensboro. Brand new roof April 2020. Recent inspection on file for interested buyers only. Being SOLD AS-IS.

Last Agent to Sell the Property

Crystal Rierson-Villeneuve

Keller Williams One License #264356 Listed on: 05/11/2020

Keller Williams One

Last Buyer's Agent

Yamil Martinez

United Realty Group Inc License #281602

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1952

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100 x 200
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-12

Home Design

  • Cottage
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • No Heating
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Morehead Gilmer Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7877202752
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100 x 200
  • Subdivision Name: Morehead-Gilmer
  • Directions: Pisgah Church Rd to RIGHT on Mitchell Ave, LEFT on LUCAS Ave, Home on Left
  • Above Grade Finished Sq Ft: 896
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1952
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 896
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Cleared, Level, Subdivided
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric, Unknown
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Brightwood
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 7877202752
  • Zoning: RS-12
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 717
  • Tax Lot: 12
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
May 20, 2020
Sold by
Faircloth Cecil E and Faircloth Beverly S
Bought by
Martinez Ayala Maricela
Seller's Agent
Crystal Rierson-Villeneuve
Keller Williams One
Buyer's Agent
Yamil Martinez
United Realty Group Inc
Sold Price
$50,000
Current Estimated Value
$122,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,975
Avg. Annual Appreciation
18.06%
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
Martinez Ayala Maricela $50,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Sold $50,000 -- $63 / 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 $840 $59,900 $20,000 $39,900
2024 $840 $59,900 $20,000 $39,900
2023 $840 $59,900 $20,000 $39,900
2022 $816 $59,900 $20,000 $39,900
2021 $717 $51,500 $16,000 $35,500
2020 $717 $51,500 $16,000 $35,500
2019 $717 $51,500 $0 $0
2018 $697 $51,500 $0 $0
2017 $697 $51,500 $0 $0
2016 $664 $48,000 $0 $0
2015 $668 $48,000 $0 $0
2014 $673 $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yamil Martinez

    Buyer's Agent in 2020

    Yamil Martinez

    United Realty Group Inc

    (336) 772-2635

    67 Total Sales

    Yamil Martinez
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Map

Source: Triad MLS

MLS Number: 976349

Triad MLS

APN: 0045883

North Carolina Guilford County Greensboro 27405

1601 Lucas Ave, Greensboro, NC

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