NOT LISTED FOR SALE

705 W McGee St Greensboro, NC 27401

Estimated Value: $355,000 - $471,000

4 Beds
3 Baths
2,600 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $345,000 $133 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,506/month

7 Days on Market

Highlights

  • Living Room with Fireplace
  • Victorian Architecture
  • No HOA
  • Brooks Global Studies School Rated A-
  • Solid Surface Countertops
  • Porch

About This Home

As of November 2022

Stunning Victorian triplex in the College Hill Historic District near Greensboro College, UNCG, and Downtown Greensboro. Fully leased, this property has very strong rent demand and has been significantly updated in the past three years to create a great income stream for the next owner. Downtown Greenway Phase 4 and ongoing revitalization in Downtown Greensboro will continue to add value to this property. See attachments for financials, unit information, and list of recent capital expenditures. Unit 1 - 1/1; Unit 2 - 1/1; Unit 3 - 2/1 (upstairs).

Last Agent to Sell the Property

Micah O'Hare

Fairgreen Real Estate LLC License #321325 Listed on: 10/12/2022

Co-Listed By

Andrea Wilhelm

The Art of Southern Realty, Inc License #224507

Last Buyer's Agent

Paul Yamane

ERA Live Moore License #327140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned RM-26

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2,475 Sq Ft Home
  • 2,200-2,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Hill Historic District Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 0001664
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,405

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: GARTSOR01
  • Co List Office Phone: 336-617-4063
  • Subdivision Name: College Hill Historic District
  • Directions: From Market or Friendly, head south on Spring St, turn right on W McGee St.
  • Above Grade Finished Sq Ft: 2475
  • Architectural Style: Victorian
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1915
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Solid Surface Counter
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Kitchen, Living Room
  • Fireplaces: 2
  • Living Area: 2475
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Cement Siding, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel, On Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Multiple Systems, Window Unit(s)
  • Heating: Forced Air, Heat Pump, Multiple Systems, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0001664
  • Zoning: RM-26
  • TRIADMLS_PricePerAcre: 1500000
  • TRIADMLS_PlatPage: 550
  • TRIADMLS_DeedPage: 2962
  • TRIADMLS_DeedBook: 8457
  • TRIADMLS_PlatBook: 53
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2405
  • Tax Lot: 88
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 9, 2022
Sold by
Ohare Rebecca Ruth Duhan and Ohare Richard L
Bought by
Maoin Xxvi Nc Llc
Seller's Agent
Micah O'Hare
Fairgreen Real Estate LLC
Buyer's Agent
Paul Yamane
ERA Live Moore
List Price
$395,000
Sold Price
$345,000
Premium/Discount to List
-$50,000
-12.66%
Views
50
Current Estimated Value
$409,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,292
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
May 24, 2021
Sold by
Anderson Deborah Lynne and Estate Of Lawson Allen Duhan
Bought by
Ohare Rebecca Ruth Duhan
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
Maoin Xxvi Nc Llc $350,000 --
Maoin Xxvi Nc Llc $350,000 None Listed On Document
Ohare Rebecca Ruth Duhan -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $345,000 -12.7% $157 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $395,000 -- $180 / 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 $3,907 $278,500 $58,000 $220,500
2024 $3,907 $266,900 $58,000 $208,900
2023 $3,907 $266,900 $58,000 $208,900
2022 $2,406 $176,500 $58,000 $118,500
2021 $1,667 $119,700 $50,000 $69,700
2020 $1,667 $119,700 $50,000 $69,700
2019 $1,667 $119,700 $0 $0
2018 $1,620 $119,700 $0 $0
2017 $1,632 $119,700 $0 $0
2016 $1,429 $103,200 $0 $0
2015 $1,437 $103,200 $0 $0
2014 $1,447 $103,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micah O'Hare

    Seller's Agent in 2022

    Micah O'Hare

    Fairgreen Real Estate LLC

    (336) 279-0778

    79 Total Sales

    Micah O'Hare
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Andrea Wilhelm

    The Art of Southern Realty, Inc

    (336) 209-8879

    296 Total Sales

    Andrea Wilhelm
    Section Image

  • P

    Buyer's Agent in 2022

    Paul Yamane

    ERA Live Moore

    (336) 608-9001

    7 Total Sales

    Paul Yamane
    Section Image
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Map

Source: Triad MLS

MLS Number: 1086780

Triad MLS

APN: 0001664

North Carolina Guilford County Greensboro 27401

705 W McGee St, Greensboro, NC

This home is located at 705 W McGee St, Greensboro, NC 27401 since 12 October 2022 and is currently estimated at $409,292, approximately $157 per square foot. This property was built in 1915. 705 W McGee St is a home located in Guilford County with nearby schools including John Van Lindley Elementary, Brooks Global Studies School, and Kiser Middle School.

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