NOT LISTED FOR SALE

5721 Drake Rd Greensboro, NC 27406

Burnetts Chapel/Coltrane Mill Neighborhood

Estimated Value: $298,145 - $331,000

3 Beds
3 Baths
1,800 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $167,000 $93 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,767/month

158 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

This 3 bedroom and 3 full baths home has spacious rooms and large laundry room. Outside you'll find a two-car garage on almost 2 acres of land. Den has a wood burning fireplace it's a large area for entertaining. There is a park and boat ramp 1 mile from the house. The property behind the house is all protected land owned by the city. Prefect private lot. A must see for first time home buyers!

Last Agent to Sell the Property

Angela Trauschke

Wilkinson Triad Realty License #227526 Listed on: 12/27/2016

Last Buyer's Agent

Jennifer Sparks

Berkshire Hathaway HomeServices Yost & Little Realty License #192629

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1984

Lot Details

  • 1.97 Acre Lot
  • Property is zoned AG

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Walk-In Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Southern Middle School
  • Southern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0145107
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.97
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: 220 South to Old Randleman Rd Turn Right to Kivett Dr. Turn Left on Drake Rd
  • Above Grade Finished Sq Ft: 1700
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1700
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage, Partially Floored, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southern
  • High School: Southern
  • Middle Or Junior School: Southern

Lot Info

  • Parcel #: 0145107
  • Zoning: AG
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1256
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
Jul 24, 2017
Sold by
Well Mariana
Bought by
Armwood Christopher D
Seller's Agent
Angela Trauschke
Wilkinson Triad Realty
Buyer's Agent
Jennifer Sparks
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$180,000
Sold Price
$167,000
Premium/Discount to List
-$13,000
-7.22%
Current Estimated Value
$315,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,036
Avg. Annual Appreciation
7.89%
Original Mortgage
$163,975
Outstanding Balance
$135,708
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$179,328

Purchase Details

Closed on
Jul 10, 2015
Sold by
Weil Richard
Bought by
Weil Mariana

Purchase Details

Closed on
Mar 4, 2010
Sold by
Saferight Frances Ann
Bought by
Weil Richard and Weil Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,040
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Saferight Frances Ann
Bought by
County Of Guilford
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
Armwood Christopher D $167,000 None Available
Weil Mariana -- Attorney
Weil Richard $149,000 None Available
County Of Guilford $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armwood Christopher D $163,975
Previous Owner Weil Richard $152,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $167,000 -7.2% $111 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $180,000 -- $120 / 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 $1,379 $158,900 $35,000 $123,900
2024 $1,379 $158,900 $35,000 $123,900
2023 $1,379 $158,900 $35,000 $123,900
2022 $1,379 $158,900 $35,000 $123,900
2021 $1,296 $149,400 $35,600 $113,800
2020 $1,296 $149,400 $35,600 $113,800
2019 $1,271 $149,400 $0 $0
2018 $1,264 $149,400 $0 $0
2017 $1,271 $149,400 $0 $0
2016 $1,256 $145,500 $0 $0
2015 $1,263 $145,500 $0 $0
2014 $1,277 $145,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Angela Trauschke

    Wilkinson Triad Realty

    (336) 580-0541

    1 in this area

    123 Total Sales

    Angela Trauschke
    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Sparks

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 706-2307

    18 Total Sales

    Jennifer Sparks
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 816623

Triad MLS

APN: 0145107

North Carolina Guilford County Greensboro 27406 Burnetts Chapel/Coltrane Mill

5721 Drake Rd, Greensboro, NC

Not Listed for Sale

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