NOT LISTED FOR SALE

508 Hobbs Rd Greensboro, NC 27403

Starmount Forest Neighborhood

Estimated Value: $822,136 - $970,000

6 Beds
3.5 Baths
4,700 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $647,500 $138 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,623/month

2 Days on Market

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • Second Washer
  • Sternberger Elementary Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2017

Wedgewood! A jaw dropping home in one of Greensboro's most sought after neighborhoods. SIX bedrooms PLUS a bonus room & still feels cozy. Pristine FULL BRICK traditional with every upgrade imaginable. Heated floors, multiple laundry rooms, multiple fireplaces, irrigation systems. Even 5th and 6th bedrooms boast built-ins. Kitchen speaks for itself. 36" prof. Kitchen-Aid stainless gas range anchors a spectacular open concept perfect for entertaining friends. Virtually new construction in Wedgewood.

Last Agent to Sell the Property

Chidi Akwari

Akwari & Company, LLC License #262495 Listed on: 07/31/2017

Last Buyer's Agent

Mark Brande

Berkshire Hathaway HomeServices Yost & Little Realty License #284945

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 1984

Lot Details

  • 0.35 Acre Lot
  • Property is zoned RS-12

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,453 Sq Ft Home
  • 4,000-4,700 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Storm Doors

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on upper level
  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Outdoor Gas Grill

Schools

  • Kiser Middle School
  • Grimsley High School

Utilities

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

Community Details

  • No Home Owners Association
  • Wedgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0059208
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,337

Year Built

Built in 1984

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: West Friendly toward downtown. Right on Hobbs, home is on the left.
  • Above Grade Finished Sq Ft: 4453
  • Unit Levels: Three Or More
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4000 - 4700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Disposal, Exhaust Fan, Remarks, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Kitchen Island
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 2
  • Living Area: 4453
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden, Gas Grill, Remarks
  • Fencing: Privacy
  • Lot Features: Near Public Transit
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Laundry Room - 2nd Level, Main Level
  • Security: Security Lights, Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0059208
  • Zoning: RS-12
  • TRIADMLS_PricePerAcre: 1882857.1429
  • TRIADMLS_DeedPage: 2537
  • TRIADMLS_DeedBook: 7234
  • TRIADMLS_PlatBook: 70-133
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 5337
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 26, 2017
Sold by
Purnell Daniel K and Purnell Michelle L
Bought by
Smith Zachary M and Smith Jennifer P
Seller's Agent
Chidi Akwari
Akwari & Company, LLC
Buyer's Agent
Mark Brande
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$659,000
Sold Price
$647,500
Premium/Discount to List
-$11,500
-1.75%
Current Estimated Value
$879,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,763
Avg. Annual Appreciation
4.27%
Original Mortgage
$497,500
Outstanding Balance
$424,271
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$475,531

Purchase Details

Listed on
Apr 25, 2016
Closed on
Apr 25, 2016
Sold by
Miller Fred C and Miller Nancy Lee Elliott
Bought by
Purcell Daniel K and Purnell Michelle L
Seller's Agent
Chidi Akwari
Akwari & Company, LLC
Buyer's Agent
Chidi Akwari
Akwari & Company, LLC
List Price
$502,000
Sold Price
$488,000
Premium/Discount to List
-$14,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%
Original Mortgage
$24,800
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2011
Sold by
Miller Fred C and Miller Nancy Elliott
Bought by
Miller Fred C and Miller Nancy Lee Elliott
Source: Public Records

Range of Values:

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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
Smith Zachary M $647,500 None Available
Purcell Daniel K $488,000 None Available
Miller Fred C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Zachary M $497,500
Previous Owner Purnell Daniel K $97,000
Previous Owner Purnell Daniel K $24,800
Previous Owner Purcell Daniel K $390,400
Previous Owner Miller Fred C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $647,500 -1.7% $162 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $659,000 +35.0% $165 / Sq Ft
05/02/2016 05/02/16 Sold $488,000 -2.8% $139 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $502,000 -- $143 / 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
2023 $9,709 $692,000 $105,000 $587,000
2022 $9,432 $692,000 $105,000 $587,000
2021 $8,429 $605,100 $77,000 $528,100
2020 $8,429 $605,100 $77,000 $528,100
2019 $8,429 $605,100 $0 $0
2018 $8,187 $605,100 $0 $0
2017 $6,522 $478,500 $0 $0
2016 $5,337 $385,500 $0 $0
2015 $5,368 $385,500 $0 $0
2014 $5,353 $381,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chidi Akwari

    Seller's Agent in 2017

    Chidi Akwari

    Akwari & Company, LLC

    (336) 337-1927

    25 in this area

    183 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Mark Brande

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 253-1737

    11 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 844623

Triad MLS

APN: 0059208

North Carolina Guilford County Greensboro 27403 Starmount Forest

508 Hobbs Rd, Greensboro, NC

This home is located at 508 Hobbs Rd, Greensboro, NC 27403 since 31 July 2017 and is currently estimated at $901,379, approximately $191 per square foot. This property was built in 1984. 508 Hobbs Rd is a home located in Guilford County with nearby schools including Sternberger Elementary, Kiser Middle School, and Grimsley High School.

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