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1504 Lovett Street

1504 Lovett Street, Greensboro, NC 27403
Property in Guilford
Sold May 02, 2019
$70,000
$54,500 by Wesleyan Investment Foundation
Mortgage Due Apr 01, 2037
Sold Apr 29, 2011
$49,500
$48,015 by Branch Banking And Trust Co
Mortgage Due May 01, 2041
Local assessors in Greensboro, NC have categorized 1504 Lovett Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 13,504 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 1,040 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1504 Lovett Street has a total of 1,365 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1504 Lovett Street sold most recently in May 2, 2019 for a total of $70,000. If you work out the math, that's approximately a cost of $51.28 per sqft. Before that, the property was also sold for $49,500 in Apr 27, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. The initial year of tax delinquency occurred in 2019. 1504 Lovett Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,100. If we break it down further, the land itself was valued at $16,000. Improvements to the property, however, were assessed at a total of $85,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,365
  • Gross Building Area: 1,365
  • Building Area: 1,365
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,365
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNT VERNON HEIGHTS
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-3 SEC A B33 PB 2-44 &2006-SP1437 PL2-44

Ownership

  • Current Owner : UNITED CITY GREENSBORO
  • Previous Owner : BELL SUZANNE
  • Previous Owner 2: BELL MARK
  • Owner Before Previous Owner: AMERICAN NATIONAL BANK & TRUST COMPANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 011601

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: MAP 7853888857
  • District: 00
  • Section: A
  • Parcel: 0011390
  • Block: 33
  • Lot: 2-3
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.0521
  • Longitude: -79.8158

    Address

  • Full Address: 1504 Lovett St
  • Address - House Number: 1504
  • Address - Street Name: Lovett
  • Address - Suffix Type: St
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C014
  • 4-Digit Zip Code: 3341
  • Zip Code: 27403

Valuation

    Tax

  • Total Area: 1,445
  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 65
  • Final Value: 166,577
  • High Value: 207,892
  • Low Value: 125,263

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,500
  • First Open Lien Mortgage Lender: WESLEYAN INVESTMENT FOUNDATION
  • First Open Lien Mortgage Recording Date: Apr 05, 2022
  • First Open Lien Mortgage Loan Amount: $54,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Market Valuation

  • Market Total Value: $101,100
  • Market Land Value: $16,000
  • Market Improvement Value: $85,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,100
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $85,100

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11602459755
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019021769
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Contract Date: Apr 27, 2011
  • Previous Sale Amount: $49,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESLEYAN INVESTMENT FOUNDATION
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Apr 29, 2011
  • Previous Mortgage Loan Amount: $48,015
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

About Greensboro



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Frequently Asked Questions

What neighborhood is 1504 Lovett Street located in?
The 1504 Lovett Street is a located in the neighborhood of Guilford in Greensboro, Greensboro.
What is the average sales price for listings in 1504 Lovett Street?
The average sales price for units in 1504 Lovett Street is $0 currently.

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