NOT LISTED FOR SALE

5507 Traders Way Greensboro, NC 27407

Adams Farm Neighborhood

Estimated Value: $278,000 - $333,000

3 Beds
2 Baths
1,500 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $310,000 $207 Per Sq Ft

Current estimated payment $1,916/month

16 Days on Market

Highlights

  • Transitional Architecture
  • Attic
  • Tile Flooring
  • Millis Road Elementary School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Great ranch in heart of Elk Run. This pristine property has been completely refurbished. Updated kitchen features new cabinetry, granite countertops, stainless appliances, new fixtures and pantry. Nice primary suite with vaulted ceilings and large en suite bathroom with new double vanity, separate shower/tub. Second full bath also updated with new vanity and flooring. Back yard is well landscaped with herringbone brick paver patio, nice wired storage building and partial irrigation system. Cobblestone driveway and one car garage make this the perfect move in ready home. Garage has 2nd refrigerator and oversized floored attic which adds a tremendous amount of storage.

Last Agent to Sell the Property

Crissy O'Connor

Gate City Real Estate License #233470 Listed on: 10/20/2023

Last Buyer's Agent

Kristin Ipock

Keller Williams One License #321831

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1987

Lot Details

  • 6,970 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ragsdale High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Adams Farm Elk Run Subdivision

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 65001
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Adams Farm - Elk Run
  • Directions: Gate City Blvd to Mackay Rd, left at stop light on Adams Farm Parkway, right on Traders Way.
  • Above Grade Finished Sq Ft: 1410
  • Architectural Style: Transitional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1410
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Yes

Schools

  • High School: Ragsdale

Lot Info

  • Parcel #: 65001
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 1937500
  • TRIADMLS_PlatPage: 22
  • TRIADMLS_DeedPage: 00672
  • TRIADMLS_DeedBook: 006385
  • TRIADMLS_PlatBook: 88
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2524
  • Tax Lot: 66
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 13, 2023
Sold by
Bhagat Abbas K and Bhagat Zulekha A
Bought by
Cox Sharon Alison
Seller's Agent
Crissy O'Connor
Gate City Real Estate
Buyer's Agent
Kristin Ipock
Keller Williams One
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
379
Current Estimated Value
$309,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$272
Avg. Annual Appreciation
-0.00%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Lopez Denny and Lopez Dora
Bought by
Bhagat Abbas K and Bhagat Zulekha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Cox Sharon Alison $310,000 None Listed On Document
Bhagat Abbas K $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhagat Abbas K $122,000
Previous Owner Bhagat Abbas K $37,500
Previous Owner Bhagat Abbas K $50,000
Previous Owner Bhagat Abbas K $50,000
Previous Owner Lopez Denny $31,300
Previous Owner Lopez Denny $109,600
Previous Owner Lopez Denny $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $310,000 -4.6% $258 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $325,000 -- $271 / 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 $2,747 $179,900 $47,000 $132,900
2022 $2,452 $179,900 $47,000 $132,900
2021 $1,872 $134,400 $33,000 $101,400
2020 $1,872 $134,400 $33,000 $101,400
2019 $1,872 $134,400 $0 $0
2018 $1,818 $134,400 $0 $0
2017 $1,818 $134,400 $0 $0
2016 $1,985 $143,400 $0 $0
2015 $1,997 $143,400 $0 $0
2014 $2,011 $143,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crissy O'Connor

    Seller's Agent in 2023

    Crissy O'Connor

    Gate City Real Estate

    (336) 253-3065

    1 in this area

    111 Total Sales

    Section Image
  • Kristin Ipock

    Buyer's Agent in 2023

    Kristin Ipock

    Keller Williams One

    (336) 501-4598

    1 in this area

    31 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1122304

Triad MLS

APN: 0065001

North Carolina Guilford County Greensboro 27407 Adams Farm

5507 Traders Way, Greensboro, NC

This home is located at 5507 Traders Way, Greensboro, NC 27407 since 20 October 2023 and is currently estimated at $309,728, approximately $206 per square foot. This property was built in 1987. 5507 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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