NOT LISTED FOR SALE

505 Hobbs Rd Greensboro, NC 27403

Starmount Forest Neighborhood

Estimated Value: $707,099 - $792,000

4 Beds
3.5 Baths
3,600 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $780,000 $217 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,627/month

28 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Sternberger Elementary Rated A-
  • Solid Surface Countertops
  • Porch

About This Home

As of June 2024

Seeking a charming, turn-key home in a prime location? Look no further than this completely renovated gem. A local, custom homebuilder put expert design taste into a classic, traditional home on one of the best streets in the area, offering the ideal combination of convenience and luxury. Enjoy easy access to amenities, including shopping, dining, parks, and top-rated schools, ensuring a lifestyle of comfort and ease. The main level includes 3 bedrooms, generous great room with built-ins, a wet bar, and fireplace, formal dining room, gorgeous bright kitchen with quartz countertops and brand new stainless steel appliances, breakfast nook, and laundry room with sink. Upstairs you will find a HUGE bonus room, 4th bedroom, and full bath. Enjoy your morning coffee or unwind after a long day on the screened porch, overlooking mature landscaping that surrounds the property. Perfect for outdoor gatherings, this tranquil space is sure to become your favorite retreat. Home has GENERAC generator.

Last Agent to Sell the Property

Emily Dunlap

Berkshire Hathaway HomeServices Carolinas Realty License #311187 Listed on: 04/18/2024

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Henry Edwards

Redfin Corporation License #283789

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1983

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R-3

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,426 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Kiser Middle School
  • Grimsley High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Wedgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7855106026
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,742

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Wedgewood
  • Directions: From W Friendly Avenue, turn onto Hobbs Road, across from Friendly Center. Home will be on your right.
  • Above Grade Finished Sq Ft: 3426
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Subdivision
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter, Wet Bar
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3426
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Paved, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas
  • Energy Features: Generator, Generator Auto Start

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 7855106026
  • Zoning: R-3
  • TRIADMLS_PricePerAcre: 2228571.4286
  • TRIADMLS_DeedPage: 02981
  • TRIADMLS_DeedBook: 008764
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 5742.48
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
London Carol L
Bought by
Carol London Living Trust and London
Current Estimated Value
$761,275

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 3, 2024
Sold by
Nevin Home Builders Llc
Bought by
London Carol
Seller's Agent
Emily Dunlap
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Henry Edwards
Redfin Corporation
List Price
$779,000
Sold Price
$780,000
Premium/Discount to List
$1,000
0.13%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%

Purchase Details

Closed on
Sep 20, 2023
Sold by
Thurston Robert J and Thurston Nancy L
Bought by
Nevin Home Builders Llc

Purchase Details

Closed on
Feb 20, 1998
Sold by
Hayes Daniel G and Hayes Erin P
Bought by
Thurston Robert J and Thurston Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Carol London Living Trust -- None Listed On Document
Carol London Living Trust -- None Listed On Document
London Carol $780,000 None Listed On Document
Nevin Home Builders Llc $620,000 None Listed On Document
Thurston Robert J $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thurston Robert J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $780,000 +0.1% $260 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $779,000 -- $260 / 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
2024 $5,742 $409,300 $105,000 $304,300
2023 $5,742 $409,300 $105,000 $304,300
2022 $5,579 $409,300 $105,000 $304,300
2021 $4,973 $357,000 $77,000 $280,000
2020 $4,973 $357,000 $77,000 $280,000
2019 $4,973 $357,000 $0 $0
2018 $4,830 $357,000 $0 $0
2017 $4,830 $357,000 $0 $0
2016 $4,480 $323,600 $0 $0
2015 $4,506 $323,600 $0 $0
2014 $4,538 $323,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Emily Dunlap

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 978-6706

    1 in this area

    127 Total Sales

    Emily Dunlap
    Section Image
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Map

Source: Triad MLS

MLS Number: 1139697

Triad MLS

APN: 0059146

North Carolina Guilford County Greensboro 27403 Starmount Forest

505 Hobbs Rd, Greensboro, NC

This home is located at 505 Hobbs Rd, Greensboro, NC 27403 since 18 April 2024 and is currently estimated at $761,275, approximately $211 per square foot. This property was built in 1983. 505 Hobbs Rd is a home located in Guilford County with nearby schools including Sternberger Elementary, Kiser Middle School, and Grimsley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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