NOT LISTED FOR SALE

5502 Traders Way Greensboro, NC 27407

Adams Farm Neighborhood

Estimated Value: $270,000 - $326,000

3 Beds
2 Baths
1,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $260,000 $186 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,926/month

8 Days on Market

Highlights

  • Outdoor Pool
  • Solid Surface Countertops
  • Tile Flooring
  • Millis Road Elementary School Rated A-
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of October 2021

NO MORE SHOWINGS! This one will WOW you! Classy updates throughout! Desired one-level in Adams Farm/Elk Run Community features stained concrete floors, 10 ft ceilings, stunning kitchen with large granite-topped island, premium appliances, separate beverage center with wine and beverage coolers. Retreat to the owners suite complete with updated bathroom (with Barn door) featuring vaulted ceiling, dual vessel sinks, oversized walk in tiled shower and private water closet. Laundry closet with storage. Two additional bedrooms share a full bath. Laundry closet. Backyard features a fire pit area, deck and patio *see agent only remarks*

Last Agent to Sell the Property

Ashley Fitzsimmons

Allen Tate - Greensboro License #183064 Listed on: 08/30/2021

Allen Tate - Greensboro

Last Buyer's Agent

Van Ray

eXp Realty License #323698

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 1987

Lot Details

  • Cleared Lot
  • Property is zoned CU PDR

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Tile Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Pool

  • Outdoor Pool

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 0064995
  • 1% Total Tax Rate

Community Details

Overview

  • Adams Farm Elk Run Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,266

Year Built

Built in 1987

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: See Plat
  • Subdivision Name: Adams Farm - Elk Run
  • Directions: Adams Farm
  • Above Grade Finished Sq Ft: 1288
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Range Hood, Gas Water Heater
  • Flooring: See Remarks, Tile
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower, Solid Surface Counter
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1288
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: Community
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 66
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 0064995
  • Zoning: CU PDR
  • TRIADMLS_PlatPage: 22
  • TRIADMLS_DeedPage: 457-458
  • TRIADMLS_DeedBook: 8104
  • TRIADMLS_PlatBook: 88
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2266
  • Tax Lot: 61
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 10, 2021
Sold by
Zincales Nicholas C
Bought by
Barksdale Briana Monai and Barksdale Titan Devon
Seller's Agent
Ashley Fitzsimmons
Allen Tate - Greensboro
Buyer's Agent
Van Ray
eXp Realty
Sold Price
$260,000
Current Estimated Value
$302,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,834
Avg. Annual Appreciation
4.90%
Original Mortgage
$208,000
Outstanding Balance
$190,088
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$122,987

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 15, 2018
Sold by
Hege Ronald Kevin
Bought by
Zingales Nicholas C
Seller's Agent
Robin Covington
Ironwood Homes Realty LLC
Buyer's Agent
Rickey Burke
Keller Williams Realty
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$144,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1989
Bought by
Hege Ronald Kevin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barksdale Briana Monai $260,000 None Available
Zingales Nicholas C $180,000 None Available
Hege Ronald Kevin $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barksdale Briana Monai $208,000
Previous Owner Zingales Nicholas C $144,000
Previous Owner Hege Ronald K $109,000
Previous Owner Hege Ronald K $100,000
Previous Owner Hege Ronald Kevin $62,264
Previous Owner Hege Ronald Kevin $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $260,000 +44.4% $236 / Sq Ft
11/15/2018 11/15/18 Sold $180,000 -5.2% $164 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $189,900 -- $173 / 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 $3,045 $217,000 $47,000 $170,000
2022 $2,958 $217,000 $47,000 $170,000
2021 $2,266 $162,700 $33,000 $129,700
2020 $2,266 $162,700 $33,000 $129,700
2019 $2,266 $126,800 $0 $0
2018 $1,716 $126,800 $0 $0
2017 $1,716 $126,800 $0 $0
2016 $1,681 $121,400 $0 $0
2015 $1,691 $121,400 $0 $0
2014 $1,703 $121,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Fitzsimmons

    Allen Tate - Greensboro

    (336) 312-4543

    3 in this area

    214 Total Sales

    Ashley Fitzsimmons
    Section Image

  • V

    Buyer's Agent in 2021

    Van Ray

    eXp Realty

    (336) 407-0202

    1 in this area

    5 Total Sales

    Van Ray
    Section Image

  • R

    Seller's Agent in 2018

    Robin Covington

    Ironwood Homes Realty LLC

    (336) 337-8535

    6 in this area

    34 Total Sales

    Robin Covington
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Candace Baker

    Ironwood Homes Realty LLC

    (336) 601-7529

    6 in this area

    33 Total Sales

    Candace Baker
    Section Image

  • R

    Buyer's Agent in 2018

    Rickey Burke

    Keller Williams Realty

    (336) 880-7643

    1 in this area

    116 Total Sales

    Rickey Burke
    Section Image
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Map

Source: Triad MLS

MLS Number: 1040423

Triad MLS

APN: 0064995

North Carolina Guilford County Greensboro 27407 Adams Farm

5502 Traders Way, Greensboro, NC

This home is located at 5502 Traders Way, Greensboro, NC 27407 since 30 August 2021 and is currently estimated at $302,834, approximately $216 per square foot. This property was built in 1987. 5502 Traders Way is a home located in Guilford County with nearby schools including Millis Road Elementary School, Jamestown Middle School, and Ragsdale High School.

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