NOT LISTED FOR SALE

5501 Deering Place Greensboro, NC 27406

Estimated Value: $478,000 - $555,316

4 Beds
3 Baths
3,600 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $445,000 $124 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,994/month

3 Days on Market

Highlights

  • 4.41 Acre Lot
  • Traditional Architecture
  • No HOA
  • Alamance Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of February 2022

MULTIPLE OFFERS Received. Seller is requesting that all interested parties submit their Best and Final Offer by Monday, 01/10/2022, at 2PM. Beautiful wooded setting with lake views in this 4 Bedroom & 3 Full Bath home. Cul-de-sac location with so much privacy on the 4.41 acres for your enjoyment. Gorgeous views from the enclosed sunroom while you enjoy your morning coffee. Primary and two additional bedrooms on the second floor. Bedroom on the main floor for your guests or an in-home office. Finished and unfinished space in the basement for gym equipment or workshop needs. So much storage space inside and a storage building outside. You need to see this oasis for yourself.

Last Agent to Sell the Property

Randy Carson

Allen Tate - Greensboro License #237314 Listed on: 01/06/2022

Allen Tate - Greensboro

Last Buyer's Agent

Jason Allen

eXp Realty License #330992

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1984

Lot Details

  • 4.41 Acre Lot
  • Property is zoned RS-40

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,381 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Southeast Middle School
  • Southeast High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olde Forest Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 0122460
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.41
  • Subdivision Name: Olde Forest
  • Directions: SE School Rd to Forest Village Dr. Left onto Deering Pl.
  • Above Grade Finished Sq Ft: 3381
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 460
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3381
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Gazebo, Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Alamance
  • High School: Southeast
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 0122460
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 96371.8821
  • TRIADMLS_PlatPage: 92
  • TRIADMLS_DeedPage: 580
  • TRIADMLS_DeedBook: 3402
  • TRIADMLS_PlatBook: 68
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 2233
  • Tax Lot: 15
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 10, 2022
Sold by
Phyllis C Weidman Revocable Trust
Bought by
Lee Chong Duk and Lee Mi Hyang
Seller's Agent
Randy Carson
Allen Tate - Greensboro
Buyer's Agent
Jason Allen
eXp Realty
Sold Price
$445,000
Current Estimated Value
$516,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,829
Avg. Annual Appreciation
4.01%
Source: Public Records

Range of Values:

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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
Lee Chong Duk $445,000 Atlas Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weidman Phyllis E $257,000
Previous Owner Weidman Phyllis E $187,500
Previous Owner Weidman Phyllis E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $445,000 -- $148 / 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 $2,874 $324,400 $85,000 $239,400
2024 $2,874 $308,000 $85,000 $223,000
2023 $2,874 $308,000 $85,000 $223,000
2022 $2,874 $324,400 $85,000 $239,400
2021 $2,234 $252,100 $50,000 $202,100
2020 $2,144 $252,100 $50,000 $202,100
2019 $2,139 $252,100 $0 $0
2018 $2,128 $252,100 $0 $0
2017 $2,083 $252,100 $0 $0
2016 $2,141 $250,500 $0 $0
2015 $2,154 $250,500 $0 $0
2014 $2,179 $250,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Carson

    Seller's Agent in 2022

    Randy Carson

    Allen Tate - Greensboro

    (336) 686-1776

    3 in this area

    108 Total Sales

    Randy Carson
    Section Image

  • J

    Buyer's Agent in 2022

    Jason Allen

    eXp Realty

    (336) 392-1346

    1 in this area

    21 Total Sales

    Jason Allen
    Section Image
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Map

Source: Triad MLS

MLS Number: 1054569

Triad MLS

APN: 0122460

North Carolina Guilford County Greensboro 27406

5501 Deering Place, Greensboro, NC

This home is located at 5501 Deering Place, Greensboro, NC 27406 since 06 January 2022 and is currently estimated at $516,829, approximately $143 per square foot. This property was built in 1984. 5501 Deering Place is a home located in Guilford County with nearby schools including Alamance Elementary School, Southeast Guilford Middle School, and Southeast Guilford High School.

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