NOT LISTED FOR SALE

5308 Drake Rd Greensboro, NC 27406

Groometown Neighborhood

Estimated Value: $173,458 - $193,000

2 Beds
1 Bath
900 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $88,690 $99 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,030/month

17 Days on Market

Highlights

  • Attic
  • Outdoor Storage
  • Level Lot
  • No HOA
  • Fenced

About This Home

As of October 2017

Great opportunity to live in a quiet neighborhood! Over an acre of land. Fenced Backyard with 2 storage buildings.

Last Agent to Sell the Property

Ryan Sharpe

The Clearwater Group License #289591 Listed on: 07/08/2016

Last Buyer's Agent

Randall Allred

Howard Hanna Allen Tate Summerfield License #282875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1958

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 154 x 228 x 142 x 305
  • Fenced
  • Level Lot
  • Property is zoned ag

Home Design

  • Vinyl Siding

Interior Spaces

  • 855 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0143706
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$591

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Lot Size: 154 x 228 x 142 x 305
  • Subdivision Name: None
  • Directions: 220 South to Old Randleman Rd Turn Right to Kivett Dr. Turn Left on Drake Rd
  • Above Grade Finished Sq Ft: 855
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 855
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0143706
  • Zoning: ag
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 591
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.0086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Hannen Jaclyn N and Markle Makayla
Bought by
Coins Amber Soll
Current Estimated Value
$182,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,595
Outstanding Balance
$152,749
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$30,116

Purchase Details

Closed on
Sep 6, 2016
Sold by
Gage Chelsea Michelle
Bought by
Hannen Jaclyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,197
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2013
Closed on
Feb 25, 2014
Sold by
Wainscott Paul T and Wainscott Mary Teresa
Bought by
Gage Chelsea Michelle
Seller's Agent
Zelma Holyfield
Triad First Realty, Inc
Buyer's Agent
Lisa Postlmayr
Keller Williams One
List Price
$78,000
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$78,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 29, 2012
Sold by
Wainscott Janice M
Bought by
Wainscott Paul T

Purchase Details

Closed on
Aug 30, 2007
Sold by
Brown Randall Keith and Threatt Brown Dawn
Bought by
Wainscott Paul T and Wainscott Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Brown Lisa Poleo
Bought by
Brown Randall Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Brown Lisa Poleo and Brown Randall K
Bought by
Brown Lisa Poleo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Register David W and Register Cynthia O
Bought by
Brown Lisa Poleo and Brown Randall K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.28%
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 Buyer Sale Price Title Company
Coins Amber Soll $165,000 None Listed On Document
Hannen Jaclyn N $89,000 None Available
Gage Chelsea Michelle $78,000 None Available
Wainscott Paul T -- None Available
Wainscott Paul T $89,000 None Available
Brown Randall Keith -- --
Brown Lisa Poleo -- --
Brown Lisa Poleo $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coins Amber Soll $154,595
Previous Owner Hannen Jaclyn N $91,197
Previous Owner Gage Chelsea Michelle $78,000
Previous Owner Wainscott Paul T $89,000
Previous Owner Brown Randall Keith $79,000
Previous Owner Brown Lisa Poleo $74,100
Previous Owner Brown Lisa Poleo $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2017 10/30/17 Sold $88,690 -1.3% $127 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $89,900 +15.3% $128 / Sq Ft
03/28/2014 03/28/14 Sold $78,000 0.0% $95 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $78,000 -- $95 / 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 $852 $98,200 $35,000 $63,200
2024 $852 $98,200 $35,000 $63,200
2023 $852 $98,200 $35,000 $63,200
2022 $852 $98,200 $35,000 $63,200
2021 $764 $88,100 $24,000 $64,100
2020 $764 $88,100 $24,000 $64,100
2019 $749 $88,100 $0 $0
2018 $746 $88,100 $0 $0
2017 $746 $88,100 $0 $0
2016 $590 $68,400 $0 $0
2015 $594 $68,400 $0 $0
2014 $601 $68,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Sharpe

    The Clearwater Group

    (336) 932-0627

    79 Total Sales

    Ryan Sharpe
    Section Image

  • R

    Buyer's Agent in 2017

    Randall Allred

    Howard Hanna Allen Tate Summerfield

    (336) 382-5135

    110 Total Sales

    Randall Allred
    Section Image

  • Z

    Seller's Agent in 2014

    Zelma Holyfield

    Triad First Realty, Inc

    (336) 337-0006

    29 Total Sales

    Zelma Holyfield
    Section Image

  • L

    Buyer's Agent in 2014

    Lisa Postlmayr

    Keller Williams One

    20 Total Sales

    Lisa Postlmayr
    Section Image
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Map

Source: Triad MLS

MLS Number: 800887

Triad MLS

APN: 0143706

North Carolina Guilford County Greensboro 27406 Groometown

5308 Drake Rd, Greensboro, NC

Not Listed for Sale

Detached

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