NOT LISTED FOR SALE

3905 Shepway Loop Greensboro, NC 27405

Estimated Value: $207,000 - $240,000

3 Beds
2 Baths
1,300 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $80,101 $62 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $1,332/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Central Air
  • Concrete Flooring
  • Attic

About This Home

As of June 2018

3 Bedroom 2 Bath. 1 Story on a slab in the desirable Thornton Subdivision. Property is owned by US Depart of HUD, case 387-043492. FHA Financing is IE, $2200 repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no representations/warranties as to prop condition, Seller may contribute up to 3% for buyer's closing costs upon buyer request. Lead Based Paint Notice/Addendum is attached in the addendum's.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 05/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2007

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned CU-RM-5

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Thornton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0083531
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Thornton
  • Directions: Hwy 29 North to Hicone Rd Exit turn Rt onto Hicone rd then Rt on McKnight Mill Rd go approx. 3 miles past Wynterhall and Thornton will be on your left.
  • Above Grade Finished Sq Ft: 1204
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Concrete, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1204
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 0083531
  • Zoning: CU-RM-5
  • TRIADMLS_PricePerAcre: 592307.6923
  • TRIADMLS_DeedPage: 01710
  • TRIADMLS_DeedBook: 008030
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1417.52
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 18, 2018
Sold by
The Secretary Of Hud
Bought by
Walthall Louis J
Seller's Agent
Paula Fields
My Favorite Realty, Inc
List Price
$77,000
Sold Price
$80,101
Premium/Discount to List
$3,101
4.03%
Current Estimated Value
$226,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,025
Avg. Annual Appreciation
15.28%
Original Mortgage
$76,095
Outstanding Balance
$65,809
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$160,317

Purchase Details

Closed on
Mar 28, 2018
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 20, 2018
Sold by
Hoe Drake H and Hoe Yvette M
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 25, 2007
Sold by
Old South Home Co
Bought by
Hoe Drake H and Hoe Yvette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,622
Interest Rate
6.57%
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
Walthall Louis J $80,500 None Available
Secretary Of Hud -- Servicelink
Bank Of America Na $82,080 Albertelli Law Title
Hoe Drake H $113,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walthall Louis J $76,095
Previous Owner Hoe Drake H $111,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $80,101 +4.0% $80 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $77,000 -- $77 / 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 $1,590 $113,300 $25,000 $88,300
2024 $1,590 $113,300 $25,000 $88,300
2023 $1,590 $113,300 $25,000 $88,300
2022 $1,544 $113,300 $25,000 $88,300
2021 $1,449 $104,000 $20,000 $84,000
2020 $1,449 $104,000 $20,000 $84,000
2019 $1,449 $104,000 $0 $0
2018 $1,407 $104,000 $0 $0
2017 $1,418 $104,000 $0 $0
2016 $1,415 $102,200 $0 $0
2015 $1,423 $102,200 $0 $0
2014 $1,433 $102,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 883565

Triad MLS

APN: 0083531