NOT LISTED FOR SALE

Arbor House Condominiums 605 W Market St Unit 407 Greensboro, NC 27401

Estimated Value: $201,601 - $238,000

2 Beds
2 Baths
910 Sq Ft
$151/mo HOA Fee

Last Sold December 17, 2012

Last sale price $115,000 $126 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,549/month

86 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Ceiling Fan
  • Brooks Global Studies School Rated A-
  • Central Air

About This Home

As of December 2012

FHA Qualified Property! ****HUGE PRICE REDUCTION**** AGENT INCENTIVE: Offering $2000 buyer agent's Incentive with a contract on or before October 31st 2012. Fantastic downtown condo living convenient to everything, including the YMCA, and Grasshoppers Stadium. Amazing price makes it great for an investment. Granite counter tops, wood floors, tile bathrooms, and so much more. Unit comes with a deeded parking space in the gated, secure garage.

Last Agent to Sell the Property

Shannon Bruins

Keller Williams Realty License #223860 Listed on: 08/07/2012

Keller Williams Realty

Last Buyer's Agent

Shannon Bruins

Keller Williams Realty License #223860 Listed on: 08/07/2012

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 2007

Lot Details

  • 436

HOA Fees

  • $151 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 910 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Schools

  • Kiser Middle School
  • Grimsley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Sprinkler System

Community Details

  • Arbor House Subdivision

Listing and Financial Details

  • Legal Lot and Block 407 / 001
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,381

Year Built

Built in 2007

Lot Details

0

HOA Fees

$151 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: condo
  • Subdivision Name: Arbor House
  • Directions: Downtown Greensboro: From I-40 E take exit 214B (Wendover), take Market Street Exit; R-Market; destination on Right.
  • Above Grade Finished Sq Ft: 910
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 910
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Separate Shower
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 910
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Sprinkler System
  • Fencing: None
  • Construction Type: Brick, Cement Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: None

Condo/Co-op/Association

  • Association Fee: 151
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Lindley
  • High School: Grimsley
  • Middle Or Junior School: Kiser

Lot Info

  • Zoning: CB
  • TRIADMLS_PlatPage: 89
  • TRIADMLS_DeedPage: 2497
  • TRIADMLS_DeedBook: 7077
  • TRIADMLS_PlatBook: 12

Tax Info

  • Tax Annual Amount: 2380.92
  • Tax Block: 001
  • Tax Lot: 407
  • Tax Map Number: 020
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.4554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2012
Sold by
Moggio David A
Bought by
Wessal Tawab R and Wessal Omar R
Current Estimated Value
$222,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Greensboro Arbor Properties Llc
Bought by
Moggio David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,533
Interest Rate
4.98%
Mortgage Type
FHA
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
Wessal Tawab R $115,000 None Available
Moggio David A $147,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wessal Tawab R $92,000
Previous Owner Moggio David A $144,533
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $115,000 -10.1% $126 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $127,900 -- $141 / 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
2024 $2,326 $155,800 $54,000 $101,800
2023 $2,326 $155,800 $54,000 $101,800
2022 $2,322 $159,800 $54,000 $105,800
2021 $2,100 $141,600 $45,000 $96,600
2020 $2,086 $141,600 $45,000 $96,600
2019 $2,086 $141,600 $0 $0
2018 $2,028 $141,600 $0 $0
2017 $2,043 $141,600 $0 $0
2016 $2,284 $156,000 $0 $0
2015 $2,297 $156,000 $0 $0
2014 $2,313 $156,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 650060

Triad MLS

APN: 0001545