NOT LISTED FOR SALE

505 Lama St Greensboro, NC 27406

Estimated Value: $172,000 - $178,000

3 Beds
1.5 Baths
1,300 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $163,500 $126 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,021/month

7 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 5-minute walk to Sussmans Street Park
  • Grimsley High School Rated A

About This Home

As of December 2023

Charming home with 3 beds and 2 baths. Screened in back porch with large fenced in back yard.

Last Agent to Sell the Property

Tawanna Griffin

Redfin Corporation License #284231 Listed on: 11/22/2023

Redfin Corporation

Last Buyer's Agent

Yuliana Mota Garcia

eXp Realty License #294901

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RS-9

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5604
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: See Plat Map
  • Subdivision Name: None
  • Directions: Take S Greene St and W Washington St to W McGee St 2 min (0.4 mi) Turn right onto W McGee St 36 sec (0.2 i) Continue on Freeman Mill Rd to South St 2 min (1.1 mi) Continue on South St. Drive to Lama St
  • Above Grade Finished Sq Ft: 1238
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1238
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5604
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 654000
  • TRIADMLS_DeedPage: 01245
  • TRIADMLS_DeedBook: 008695
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 535.95
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Dec 15, 2023
Sold by
Hope Jamacia Denise
Bought by
Requeno Merlin Portillo and Palacios Fatima Arriaza
Seller's Agent
Tawanna Griffin
Redfin Corporation
Buyer's Agent
Yuliana Mota Garcia
eXp Realty
List Price
$150,000
Sold Price
$163,500
Premium/Discount to List
$13,500
9%
Views
27
Current Estimated Value
$174,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,414
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Jan 17, 2023
Sold by
Dollar Gladys
Bought by
Dollar Gladys

Purchase Details

Closed on
Feb 26, 2019
Sold by
Alexander Gladys D
Bought by
Alexander Gladys D
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
Requeno Merlin Portillo $163,500 None Listed On Document
Portillo Requeno Merlin $163,500 None Listed On Document
Dollar Gladys -- --
Alexander Gladys D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Gladys Dollar $4,155
Previous Owner Alexander Gladys Dollar $5,365
Previous Owner Alexander Gladys D $2,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $163,500 +9.0% $149 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $150,000 -- $136 / 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 $1,072 $76,400 $14,000 $62,400
2024 $1,072 $76,400 $14,000 $62,400
2023 $1,072 $76,400 $14,000 $62,400
2022 $1,041 $76,400 $14,000 $62,400
2021 $871 $62,500 $10,000 $52,500
2020 $871 $62,500 $10,000 $52,500
2019 $435 $62,500 $0 $0
2018 $0 $62,500 $0 $0
2017 $373 $55,100 $0 $0
2016 $425 $61,400 $0 $0
2015 $428 $61,400 $0 $0
2014 $431 $61,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1126136

Triad MLS

APN: 0005604