NOT LISTED FOR SALE

5505 Garden Lake Dr Greensboro, NC 27410

Friendly Lakes Neighborhood

Estimated Value: $343,000 - $452,000

5 Beds
3.5 Baths
2,997 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $150,000 $50 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,360/month

59 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Porch

About This Home

As of August 2012

GREAT REDUCED PRICE ON THIS Lakefront Retro home with strong bones, NEW Roof, NEW Garage Doors & need for your personal decorating touches and upgrades. Square footage does not include finished/unheated enclosed porch. Lots of Spacious Rooms. Beautiful lake views from all the back rooms, LR, DR, Bkfst, Den, Bsmt BR. Tall ceilings & windows allow plenty of light in the LR & DR areas. Home Warranty! Great neighborhood and convenient to shopping, highways & schools! Price reflects need for updating.

Last Agent to Sell the Property

Patti Curry

Allen Tate - Greensboro License #158760 Listed on: 04/28/2012

Allen Tate - Greensboro

Last Buyer's Agent

Patti Curry

Allen Tate - Greensboro License #158760 Listed on: 04/28/2012

Allen Tate - Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1959

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 139 x 197 x 133 x 268
  • Fenced
  • Partially Wooded Lot
  • Property is zoned RS-15

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,997 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Schools

  • Guilford Middle School
  • Western High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Garden Lakes Estates Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0077250
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 139 x 197 x 133 x 268
  • Co List Office Mls Id: GATC01
  • Co List Office Phone: 336-273-7771
  • Subdivision Name: Garden Lakes Estates Sec 01
  • Directions: New Garden Rd to right on Garden Lake. Home on left.
  • Above Grade Finished Sq Ft: 2997
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 763
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2997
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 763
  • Door Features: Storm Door(s)
  • Fireplace Features: Blower Fan, Den, Living Room
  • Fireplaces: 2
  • Living Area: 2997
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Partially Wooded
  • Construction Type: Aluminum Siding, Brick, Wood Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jefferson
  • High School: Western
  • Middle Or Junior School: Guilford

Lot Info

  • Parcel #: 0077250
  • Zoning: RS-15
  • TRIADMLS_DeedPage: 313
  • TRIADMLS_DeedBook: 6392

Tax Info

  • Tax Annual Amount: 2408.16
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.4148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2012
Closed on
Aug 27, 2012
Seller's Agent
Patti Curry
Allen Tate - Greensboro
Buyer's Agent
Patti Curry
Allen Tate - Greensboro
List Price
$189,900
Sold Price
$150,000
Premium/Discount to List
-$39,900
-21.01%
Current Estimated Value
$395,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,240
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Hamilton Robert Briggs
Bought by
The Family Trust Of Robert Briggs Hamilt
Source: Public Records

Range of Values:

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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
-- $150,000 --
The Family Trust Of Robert Briggs Hamilt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton Robert B $56,625
Previous Owner Hamilton Robert B $80,000
Previous Owner Hamilton Robert B $51,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $150,000 -21.0% $50 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $189,900 -- $63 / 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 $3,275 $233,400 $50,000 $183,400
2024 $3,275 $233,400 $50,000 $183,400
2023 $3,275 $233,400 $50,000 $183,400
2022 $3,181 $233,400 $50,000 $183,400
2021 $2,445 $175,500 $45,000 $130,500
2020 $2,445 $175,500 $45,000 $130,500
2019 $2,445 $175,500 $0 $0
2018 $2,375 $175,500 $0 $0
2017 $2,392 $175,500 $0 $0
2016 $2,082 $150,400 $0 $0
2015 $2,094 $150,400 $0 $0
2014 $2,109 $150,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patti Curry

    Allen Tate - Greensboro

    (336) 587-3144

    133 Total Sales

    Patti Curry
    Section Image
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Map

Source: Triad MLS

MLS Number: 641434

Triad MLS

APN: 0077250

North Carolina Guilford County Greensboro 27410 Friendly Lakes

5505 Garden Lake Dr, Greensboro, NC

This home is located at 5505 Garden Lake Dr, Greensboro, NC 27410 since 28 April 2012 and is currently estimated at $395,240, approximately $131 per square foot. This property was built in 1959. 5505 Garden Lake Dr is a home located in Guilford County with nearby schools including Jefferson Elementary School, Western Guilford Middle School, and Western Guilford High School.

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