NOT LISTED FOR SALE

301 E Lake Dr Greensboro, NC 27401

Westerwood Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.62 Acres

Last Sold May 24, 2022

Last sale price $750,000

15 Days on Market

Highlights

  • 0.62 Acre Lot
  • No HOA
  • Carpet
  • Brooks Global Studies School Rated A-
  • Forced Air Heating System

About This Home

As of May 2022

***Multiple offers*** Seller will be making a decision shortly. Buyers will be able to tour at least one unit but we will not be disturbing multiple tenants during the open house.

Location! Location! Location! SEVEN units right next to UNCG and the Greensboro Greenway in the heavily sought-after Westerwood neighborhood. Right next to Lake Daniel Park as well as conveniently located near The Friendly Center and everything Downtown Greensboro has to offer. Each unit consists of 2 decent-sized bedrooms and 1 full bath. Exterior features include a quant courtyard, newer roof, concrete walkways, brick veneer, mature trees, a storage shed, and ample parking. Interior features include central heat, window AC units, laundry hookups, and ceiling fans. Tenants are currently MTM. Zoned RM-18 with room to build or expand. A hybrid Airbnb/long term rental model is perfect for this property. Very close to UNCG.

Last Agent to Sell the Property

Jason Coleman

eXp Realty License #309381 Listed on: 04/12/2022

eXp Realty

Last Buyer's Agent

Heather Neal

All About You Realty Team License #295147

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 1955

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 186 x 189 x 177 x 123

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Schools

  • Kiser Middle School
  • Grimsley High School

Utilities

  • Forced Air Heating System
  • No Heating
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 9424
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • West Market Terrace Subdivision

Building Details

  • 7 Leased Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,430

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.62
  • Lot Size: 186 x 189 x 177 x 123
  • Subdivision Name: West Market Terrace
  • Directions: Benjamin Parkway, right on to Garland, at the traffic circle, take the 1st exit onto E Lake Dr, property will be on right
  • Year Built: 1955
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Flood Plain

Garage/Parking

  • Parking Features: Driveway, Gravel, Deck, On Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: None
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lindley
  • High School: Grimsley
  • Middle Or Junior School: Kiser

Lot Info

  • Parcel #: 9424
  • Zoning: RM-18
  • TRIADMLS_PricePerAcre: 1112741.9355
  • TRIADMLS_PlatPage: 22
  • TRIADMLS_DeedPage: 00737
  • TRIADMLS_DeedBook: 003221
  • TRIADMLS_PlatBook: 9
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Number Of Units Furnished: None
  • Number Of Units Leased: 7

Tax Info

  • Tax Annual Amount: 4430
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.393

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $750,000 +8.7% --
04/28/2022 04/28/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $689,900 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Coleman

    Seller's Agent in 2022

    Jason Coleman

    eXp Realty

    (336) 601-6995

    3 in this area

    136 Total Sales

    Section Image

  • H

    Buyer's Agent in 2022

    Heather Neal

    All About You Realty Team

    (336) 312-3720

    6 in this area

    61 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1065489

Triad MLS

North Carolina Guilford County Greensboro 27401 Westerwood

301 E Lake Dr, Greensboro, NC

This home is located at 301 E Lake Dr, Greensboro, NC 27401 since 12 April 2022. This property was built in 1955. 301 E Lake Dr is a home located in Guilford County with nearby schools including John Van Lindley Elementary, Brooks Global Studies School, and Kiser Middle School.

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