NOT LISTED FOR SALE

801 W McGee St Unit 9 Greensboro, NC 27401

Estimated Value: $180,000 - $214,000

2 Beds
1 Bath
800 Sq Ft
$177/mo HOA Fee

Last Sold September 04, 2020

Last sale price $140,000 $175 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,424/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • Porch
  • Forced Air Heating and Cooling System
  • Brooks Global Studies School Rated A-

About This Home

As of September 2020

Enjoy downtown living in this Historic Wafco Mills 2 bedroom, 1 bath Condo, built in an old mill from 1905. The main bedroom has the original brick wall with 12-foot heights. You will love the exposed brick, high ceilings, and lots of large windows, and a wraparound porch. Close to the proposed Greenway, colleges (UNCG & Greensboro College), restaurants, and all that downtown have to offer. Free laundry, with an extra private 8x8 storage unit in the lower level. Water and trash are covered by the HOA.

Last Agent to Sell the Property

Stephen Moore

eXp Realty License #253822 Listed on: 08/08/2020

eXp Realty

Last Buyer's Agent

Tom Hyde

Carolina Home Partners by eXp Realty License #312172

Carolina Home Partners by eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1905

Lot Details

  • 436

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 682 Sq Ft Home
  • 600-800 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Kiser Middle School
  • Grimsley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • Wafco Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0066166
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,183

Year Built

Built in 1905

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: 0
  • Subdivision Name: Wafco Mills
  • Directions: From Spring Street to Right on McGee, then left on Cedar to right into Wafco Mills. The unit will be on the main level after you go through the security door. Go through the main door and all the way to the left. The lockbox is on the handrail.
  • Above Grade Finished Sq Ft: 682
  • Architectural Style: Condo Main
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1905
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 682
  • Main Level Bathrooms: 38
  • TRIADMLS_FullBathsMain: 38
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Historic District
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned, Deck

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 177
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0066166
  • Zoning: RM-26
  • TRIADMLS_PricePerAcre: 13900000
  • TRIADMLS_PlatPage: 1/2/3
  • TRIADMLS_DeedPage: 2145
  • TRIADMLS_DeedBook: 6332
  • TRIADMLS_PlatBook: 4
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1183
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 4, 2020
Sold by
Peterson Alan R
Bought by
Gomez Dianna Lorraine
Seller's Agent
Stephen Moore
eXp Realty
Buyer's Agent
Tom Hyde
Carolina Home Partners by eXp Realty
Sold Price
$140,000
Current Estimated Value
$195,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,843
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 7, 2015
Sold by
Durham Jeffrey N and Durham Erin K
Bought by
Peterson Alan R
Seller's Agent
Mike Carter
Keller Williams One
Buyer's Agent
Angela Trauschke
Wilkinson Triad Realty
List Price
$119,900
Sold Price
$108,900
Premium/Discount to List
-$11,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$108,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2005
Sold by
Martin Lawrence Andre
Bought by
Durham Jeffrey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2004
Sold by
Blackwell Tommy A and Blackwell Deborah H
Bought by
Martin Lawrence Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Childers Jennifer B
Bought by
Blackwell Tommy A and Blackwell Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,492
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1998
Sold by
Hughes William Russell
Bought by
Childers Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gomez Dianna Lorraine $140,000 None Available
Peterson Alan R $109,000 Attorney
Durham Jeffrey N $97,500 --
Martin Lawrence Andre $92,000 --
Blackwell Tommy A $67,000 --
Childers Jennifer B $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Alan R $108,900
Previous Owner Durham Jeffrey N $97,500
Previous Owner Martin Lawrence Andre $72,000
Previous Owner Blackwell Tommy A $65,492
Previous Owner Childers Jennifer B $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $140,000 +28.6% $233 / Sq Ft
12/10/2015 12/10/15 Sold $108,900 -9.2% $182 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $119,900 -- $200 / 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
2023 $1,981 $140,200 $36,000 $104,200
2022 $1,489 $140,200 $36,000 $104,200
2021 $1,183 $108,200 $30,000 $78,200
2020 $1,183 $108,200 $30,000 $78,200
2019 $1,183 $84,349 $0 $0
2018 $1,150 $84,349 $0 $0
2017 $1,158 $84,349 $0 $0
2016 $1,102 $79,067 $0 $0
2015 $1,109 $79,067 $0 $0
2014 $1,117 $79,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 989098

Triad MLS

APN: 0066166