NOT LISTED FOR SALE

5222 Summit Ave Greensboro, NC 27405

Estimated Value: $131,000 - $201,000

3 Beds
1 Bath
1,400 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $50,000 $36 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,003/month

92 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Detached Carport Space
  • Attic
  • Porch
  • Outdoor Storage

About This Home

As of May 2018

Tons of closet and a huge yard! This home has tons of potential! Easy to flip or fix for a rental! The owner's father was fixing up the house as a rental when he passed away. The heating system has been removed. There is no current heat/air system. Current owner is anxious to sell and will consider all offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378

Year Built

  • Built in 1940

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 100 x 415
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,324 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block .96 / 1
  • Assessor Parcel Number 0125513
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$378

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: 100 x 415
  • Subdivision Name: None
  • Directions: North on Summit Ave. House is on the right as you come from Greensboro.
  • Above Grade Finished Sq Ft: 1324
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1324
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced, Partial
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: None
  • Heating: None, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Reedy Fork
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 0125513
  • Zoning: Residential
  • TRIADMLS_PlatPage: not found
  • TRIADMLS_PlatBook: not found
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 378
  • Tax Block: 1
  • Tax Lot: .96
  • Tax Map Number: 7887
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
May 17, 2018
Sold by
Clinton Irene Barnes and Clinton Vardroy L
Bought by
Silguero Dario and Garnica Elpidia
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Current Estimated Value
$180,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,245
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Mar 22, 2016
Sold by
Murphy Mary Barnes
Bought by
Clinton Irenene Barnes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Silguero Dario $50,000 None Available
Clinton Irenene Barnes -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $50,000 -28.6% $45 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $70,000 -- $64 / 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 $733 $82,300 $30,000 $52,300
2024 $733 $82,300 $30,000 $52,300
2023 $733 $82,300 $30,000 $52,300
2022 $704 $82,300 $30,000 $52,300
2021 $406 $47,400 $25,000 $22,400
2020 $406 $47,400 $25,000 $22,400
2019 $392 $45,800 $0 $0
2018 $390 $45,800 $0 $0
2017 $376 $44,200 $0 $0
2016 $344 $38,900 $0 $0
2015 $346 $38,900 $0 $0
2014 $350 $38,900 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 875377

Triad MLS

APN: 0125513

North Carolina Guilford County Greensboro 27405

5222 Summit Ave, Greensboro, NC

Not Listed for Sale

Detached

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