NOT LISTED FOR SALE

506 Martin St Greensboro, NC 27406

Asheboro Community Neighborhood

Estimated Value: $139,000 - $246,000

3 Beds
2 Baths
1,400 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $55,500 $40 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,115/month

110 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Porch
  • Brooks Global Studies School Rated A-
  • No HOA
  • Level Lot

About This Home

As of January 2017

This property is eligible under the Freddie Mac First Look Initiative through 09/05/2016. Freddie Mac/HomeSteps offers an allowance up to $500 to owner occupant buyers towards the buyer’s purchase of a home warranty of their choice. This property is eligible for HomeSteps Financing. See AGENT ONLY & ATTACHMENTS for details, requirements & offer instructions!

Last Agent to Sell the Property

Michael Jones

Allen Tate Summerfield License #278505 Listed on: 08/16/2016

Last Buyer's Agent

Kamran Awan

Triad Properties of NC Inc License #249254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 155 x 58
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-5

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 7864846532
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 155 x 58
  • Subdivision Name: None
  • Directions: East Gate City Blvd to left on Martin Street
  • Above Grade Finished Sq Ft: 1296
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Seller has instructed me to call multiple offers with all highest and best offers to be submitted by 12:00pm Noon, Wednesday, September 21st 2016.
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1296
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Near Public Transit, Level, Cleared
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7864846532
  • Zoning: RS-5
  • TRIADMLS_PricePerAcre: 309047.619
  • TRIADMLS_PlatPage: 28
  • TRIADMLS_DeedPage: 2642
  • TRIADMLS_DeedBook: 7816
  • TRIADMLS_PlatBook: 10
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1060
  • Tax Lot: 4
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Jan 3, 2017
Sold by
Mac Freddie
Bought by
Zee Realty Llc
Seller's Agent
Michael Jones
Allen Tate Summerfield
Buyer's Agent
Kamran Awan
Triad Properties of NC Inc
List Price
$74,900
Sold Price
$55,500
Premium/Discount to List
-$19,400
-25.9%
Current Estimated Value
$184,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,129
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
May 2, 2016
Sold by
Meiers Brendan and Meiers Tephanie L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 7, 2015
Bought by
Meiers Brendan J

Purchase Details

Closed on
May 30, 2008
Sold by
Meiers Brendan and Meiers Tephanie L
Bought by
J & L Investment Holdings Ii Llc

Purchase Details

Closed on
Jan 31, 2008
Sold by
Sanders Maurice C
Bought by
Meiers Brendan J and Meiers Tephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2006
Sold by
Bank One Na
Bought by
Sanders Maurice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
9.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
Foster Tonya G and Foster Otis
Bought by
Bank One Na

Purchase Details

Closed on
Dec 11, 2000
Sold by
Feeney Properties Llc
Bought by
Foster Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,300
Interest Rate
7.71%
Mortgage Type
Seller Take Back
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
Zee Realty Llc -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Meiers Brendan J -- --
J & L Investment Holdings Ii Llc -- None Available
Meiers Brendan J $75,000 None Available
Sanders Maurice C $74,500 None Available
Bank One Na $91,170 None Available
Foster Otis $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meiers Brendan J $67,500
Previous Owner Sanders Maurice C $75,050
Previous Owner Foster Otis $78,400
Previous Owner Foster Tonya G $16,650
Previous Owner Foster Otis $7,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $55,500 -25.9% $50 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $74,900 -- $68 / 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 $1,329 $94,700 $18,000 $76,700
2023 $1,329 $94,700 $18,000 $76,700
2022 $1,291 $94,700 $18,000 $76,700
2021 $1,022 $73,400 $8,000 $65,400
2020 $1,022 $73,400 $8,000 $65,400
2019 $1,022 $73,400 $0 $0
2018 $993 $73,400 $0 $0
2017 $993 $73,400 $0 $0
2016 $1,062 $76,700 $0 $0
2015 $1,068 $76,700 $0 $0
2014 $1,076 $76,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Jones

    Allen Tate Summerfield

    (336) 750-6453

    33 Total Sales

    Michael Jones
    Section Image

  • K

    Buyer's Agent in 2017

    Kamran Awan

    Triad Properties of NC Inc

    (336) 314-8075

    1 in this area

    14 Total Sales

    Kamran Awan
    Section Image
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Map

Source: Triad MLS

MLS Number: 804668

Triad MLS

APN: 0002638

North Carolina Guilford County Greensboro 27406 Asheboro Community

506 Martin St, Greensboro, NC

This home is located at 506 Martin St, Greensboro, NC 27406 since 16 August 2016 and is currently estimated at $184,629, approximately $131 per square foot. This property was built in 2001. 506 Martin St 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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