NOT LISTED FOR SALE

713 Martin Luther King jr Dr Greensboro, NC 27406

Asheboro Community Neighborhood

Estimated Value: $117,000 - $195,059

4 Beds
2 Baths
1,446 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $65,000 $45 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $913/month

82 Days on Market

About This Home

As of November 2018

Vinyl-clad DUPLEX. Great for investor or someone wanting a two-family home. 4 bed, 2 ba total (2 bed/1 ba per unit) Natural gas wall heaters (LONG TERM tenants wants to stay, on month-to-month lease). Recent shingles per seller. Cash or Conventional only. 24-hr notice to show. Duplex on single deed, not-divisible. Second unit carries address of 501 Broad St. Both units showing instructions under 713 MLK Jr Dr. See agent only for rents/info. Buyer to determine if home meets Section 8 min. standards.

Last Buyer's Agent

Stephanie Schwartz

SM1 Property Solutions License #294700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 62 x 150 x 140 x 66

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 1,446 Sq Ft Building

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 0002959
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$577

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 62 x 150 x 140 x 66
  • Directions: 1-40 East/US 421 S. Take Exit 222 for US 421 S/Martin Luther King Junior Dr toward Sanford. Turn left on Martin Luther King Jr Dr. Duplex is on corner of Broad St with sign in yard.
  • Building Stories: 1
  • Year Built: 1950
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 1300 - 1600

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric, Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0002959
  • Zoning: RS-7
  • TRIADMLS_PricePerAcre: 318181.8182
  • TRIADMLS_DeedPage: 912
  • TRIADMLS_DeedBook: 3561
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 576.55
  • Tax Lot: 14
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Nov 19, 2018
Sold by
Jones Frankie B and Jones Kenneth R
Bought by
Smi Investment Inc
Buyer's Agent
Stephanie Schwartz
SM1 Property Solutions
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Current Estimated Value
$153,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,515
Avg. Annual Appreciation
13.24%
Original Mortgage
$52,000
Outstanding Balance
$45,630
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,885

Purchase Details

Closed on
Mar 11, 2009
Bought by
Brown Frankie E

Purchase Details

Closed on
Jan 30, 1987
Bought by
Brown Frankie E
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
Smi Investment Inc $65,000 None Available
Brown Frankie E $5,500 --
Brown Frankie E $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smi Investment Inc $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $65,000 -7.1% $45 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $70,000 -- $48 / 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 $1,207 $86,000 $15,000 $71,000
2024 $1,207 $86,000 $15,000 $71,000
2023 $1,207 $86,000 $15,000 $71,000
2022 $1,172 $86,000 $15,000 $71,000
2021 $589 $42,300 $8,000 $34,300
2020 $589 $42,300 $8,000 $34,300
2019 $589 $42,300 $0 $0
2018 $0 $42,300 $0 $0
2017 $572 $42,300 $0 $0
2016 $532 $38,400 $0 $0
2015 $535 $38,400 $0 $0
2014 $539 $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2018

    Stephanie Schwartz

    SM1 Property Solutions

    (336) 890-6807

    17 Total Sales

    Stephanie Schwartz
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Map

Source: Triad MLS

MLS Number: 897565

Triad MLS

APN: 0002959

North Carolina Guilford County Greensboro 27406 Asheboro Community

713 Martin Luther King jr Dr, Greensboro, NC

This home is located at 713 Martin Luther King jr Dr, Greensboro, NC 27406 since 01 August 2018 and is currently estimated at $153,515, approximately $106 per square foot. This property was built in 1950. 713 Martin Luther King jr Dr is a home located in Guilford County with nearby schools including Gillespie Park Elementary School, Kiser Middle School, and Grimsley High School.

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