$607,500
SOLD AUG 11, 2025

5307 Graycliff Dr Greensboro, NC 27406

4 Beds
3.5 Baths
5,141 Sq Ft
1.25 Acres

Recently Sold

$118 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Lake Front
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Alamance Elementary School Rated A-
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of August 2025

JUST LISTED! Looking for a spacious waterfront home with room to roam - and no flood zone concerns? You found it! This lovely sloping lot gives this home the best of both worlds - with views that will leave you in awe all year round! Enjoy being outside? Yes, you can paddle or kayak on the lake! There is a fire pit for those cool Fall evenings. Inside you'll find spacious rooms built for entertaining, with full home surround sound and a large kitchen with room to hang out while preparing dinner. The main level primary bedroom has a spacious closet, bath with heated tiles and separate shower - and a private deck with hot tub overlooking the lake. The expansive basement offers flex space, with a theater room, an in home bar with taps, a full bath and plenty of storage. Don't stress - the roof was replaced in 2025 and heat pumps were replaced in 2019 and 2020! Sellers are offering a One Year Home Warranty for peace of mind! Schedule your private tour today!

Last Agent to Sell the Property

Shaunna Overman

Howard Hanna Allen Tate Oak Ridge Commons License #277559 Listed on: 07/08/2025

Last Buyer's Agent

Emily Overman

eXp Realty License #299521

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,945

Year Built

  • Built in 1982

Lot Details

  • 1.25 Acre Lot
  • Lake Front
  • Property is zoned RS-40

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Stone

Interior Spaces

  • 5,141 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • 3 Fireplaces
  • Lake Views
  • Partially Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Olde Forest Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 0122449
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,945

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Subdivision Name: Olde Forest
  • Directions: From HWY 421 S to L on Woody Mill, L on Southeast School Rd (by SE High), R on Olde Forest, R on Graycliff; home is on the left.
  • Above Grade Finished Sq Ft: 3578
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Lake Front, Lake View, Waterview
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Sound System, Wet Bar
  • Has Basement: Partially Finished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 5141
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Lake Front
  • Construction Type: Stone, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0122449
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 156
  • TRIADMLS_PlatBook: 65

Tax Info

  • Tax Annual Amount: 3945.36
  • Tax Lot: 25
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 0.886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Aug 11, 2025
Sold by
Routh Anthony J and Routh Erin L
Bought by
Cathy Jo Rife Revocable Trust and Rife
Seller's Agent
Shaunna Overman
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Emily Overman
eXp Realty
List Price
$600,000
Sold Price
$607,500
Premium/Discount to List
$7,500
1.25%
Views
53
Current Estimated Value
$611,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,871
Avg. Annual Appreciation
2.00%
Original Mortgage
$110,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 18, 2018
Sold by
Watts Williams Marianne and Watts David Sullivan
Bought by
Routh Anthony J and Routh Erina
Seller's Agent
William Purgason
eXp Realty
Buyer's Agent
Shaunna Overman
Howard Hanna Allen Tate Oak Ridge Commons
List Price
$409,900
Sold Price
$395,000
Premium/Discount to List
-$14,900
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$337,847
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Lehanka Edward H and Lehanka Latricia M
Bought by
Williams Marianne Watts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2001
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Lehanka Edward H and Lehanka Latricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.91%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Davis Mildred M and Davis John M
Bought by
Norwest Bank Minnesota Na

Purchase Details

Closed on
Jan 29, 1998
Sold by
Galinski Joan R
Bought by
Davis John H and Davis Mildred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $607,500 None Listed On Document
Warranty Deed $395,000 None Available
Warranty Deed $339,000 None Available
Warranty Deed $225,000 --
Trustee Deed $262,650 --
Warranty Deed $285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,000 Credit Line Revolving
Previous Owner $60,000 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $337,847 New Conventional
Previous Owner $339,000 New Conventional
Previous Owner $58,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $235,000 Unknown
Previous Owner $45,000 Credit Line Revolving
Previous Owner $180,000 No Value Available
Previous Owner $25,000 Credit Line Revolving
Previous Owner $256,500 No Value Available
Closed $105,785 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2025 08/11/25 Sold $607,500 +1.3% $118 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $600,000 +51.9% $117 / Sq Ft
09/26/2018 09/26/18 Sold $395,000 -3.6% $88 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $409,900 -- $91 / 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 $3,945 $445,300 $85,000 $360,300
2024 $3,945 $445,300 $85,000 $360,300
2023 $3,945 $445,300 $85,000 $360,300
2022 $3,945 $445,300 $85,000 $360,300
2021 $3,017 $340,500 $50,000 $290,500
2020 $2,896 $340,500 $50,000 $290,500
2019 $2,889 $340,500 $0 $0
2018 $2,874 $340,500 $0 $0
2017 $2,813 $340,500 $0 $0
2016 $2,876 $336,500 $0 $0
2015 $2,893 $336,500 $0 $0
2014 $2,927 $336,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1186234

Triad MLS

APN: 0122449