NOT LISTED FOR SALE

5524 Groometown Rd Greensboro, NC 27407

Estimated Value: $417,000 - $477,000

3 Beds
3 Baths
3,100 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $221,500 $71 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,554/month

114 Days on Market

Highlights

  • Great Room with Fireplace
  • No HOA
  • Detached Carport Space
  • Partially Wooded Lot
  • 3 Car Attached Garage
  • Outdoor Storage

About This Home

As of September 2017

Spacious Brick Veneer 3 Bedroom, 3 bath home with partially finished Basement, 2 car attached garage all on 4.3 acres. Fencing for dogs.

Last Agent to Sell the Property

Zelma Holyfield

Triad First Realty, Inc License #57871 Listed on: 04/03/2017

Last Buyer's Agent

Ken Smith

Howard Hanna Allen Tate - Burlington License #267262

Howard Hanna Allen Tate - Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1984

Lot Details

  • 4.38 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,937 Sq Ft Home
  • 2,600-3,100 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Free-Standing Range
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

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 0158441
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4.38
  • Subdivision Name: None
  • Directions: I-85 to Groometown Rd. South on Groometown, cross Kivett Dr. On right after Wall Rd.
  • Above Grade Finished Sq Ft: 2937
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1100 - 1400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3100
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Spacious Brick Veneer 3 Bedroom, 3 bath home with partially finished basement, 2 car attached garage all on 4.3 acres. Fencing for dogs.
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 2937
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Lot Features: Partially Cleared, Partially Wooded, Sloped
  • Pool Features: None
  • Exclusions: Kennel & Dog Houses Do Not Remain
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Gravel, Attached, Detached Carport
  • Garage Description: Attached Garage, Detached Carport

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

Lot Info

  • Parcel #: 0158441
  • Zoning: residential
  • TRIADMLS_PlatBook: 74-1
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 1745.84
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Aug 31, 2017
Sold by
Bicknell Kenneth R
Bought by
Farmer Matthew S and Farmer Teri L
Seller's Agent
Zelma Holyfield
Triad First Realty, Inc
Buyer's Agent
Ken Smith
Howard Hanna Allen Tate - Burlington
List Price
$249,000
Sold Price
$221,500
Premium/Discount to List
-$27,500
-11.04%
Current Estimated Value
$447,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,279
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Bicknell Kenneth R and Bicknell Deborah
Bought by
Bicknell Kenneth R

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bicknell Kenneth R and Jacobs Bradley L
Bought by
Bicknell Kenneth R

Purchase Details

Closed on
Jul 28, 2005
Sold by
Hall Tab Keith
Bought by
Bicknell Kenneth R and Bicknell Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farmer Matthew S $221,500 None Available
Bicknell Kenneth R -- None Available
Bicknell Kenneth R -- None Available
Bicknell Kenneth R $219,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bicknell Kenneth R $24,000
Previous Owner Bicknell Kenneth R $175,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $221,500 -11.0% $85 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $249,000 -- $96 / 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 $2,353 $271,200 $71,100 $200,100
2024 $2,353 $271,200 $71,100 $200,100
2023 $2,353 $271,200 $71,100 $200,100
2022 $2,353 $271,200 $71,100 $200,100
2021 $1,755 $202,300 $56,400 $145,900
2020 $1,755 $202,300 $56,400 $145,900
2019 $1,721 $202,300 $0 $0
2018 $1,712 $202,300 $0 $0
2017 $1,721 $202,300 $0 $0
2016 $1,431 $165,800 $0 $0
2015 $1,482 $165,800 $0 $0
2014 $1,496 $165,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2017

    Zelma Holyfield

    Triad First Realty, Inc

    (336) 337-0006

    29 Total Sales

    Zelma Holyfield
    Section Image

  • K

    Buyer's Agent in 2017

    Ken Smith

    Howard Hanna Allen Tate - Burlington

    (336) 227-3666

    62 Total Sales

    Ken Smith
    Section Image
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Map

Source: Triad MLS

MLS Number: 829644

Triad MLS

APN: 0158441

North Carolina Guilford County Greensboro 27407

5524 Groometown Rd, Greensboro, NC

Not Listed for Sale

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