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2502 Fernwood Drive

2502 Fernwood Drive, Greensboro, NC 27408
Property in Guilford Hills
Sold Jul 30, 2010
$118,000
$118,000 by Branch Banking And Trust Co
Mortgage Due Aug 01, 2040
Sold Apr 01, 2010
$85,000
$65,000 by Samart Properties Llc
Mortgage
2502 Fernwood Drive has been categorized by the local assessors in Greensboro, NC as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 2008. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2502 Fernwood Drive has 936 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,430 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a screened porch and a screened patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2502 Fernwood Drive was last sold in Jul 30, 2010 for $118,000. According to our calculations, that's $126.07 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Apr 1, 2010. Current property owners are expected to pay $2,391 in taxes per year. The property on 2502 Fernwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $175,400. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $90,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 650
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 936
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GUILFORD HILLS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 B15 PB20-28 2502 FERNWOOD PL20-28

Ownership

  • Current Owner : TUNE DVERA R
  • Previous Owner : TRIAD RESIDENTIAL SOLUTIONS LLC
  • Owner Before Previous Owner: DAVIS CARLA MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 012508

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: G-0312
  • Account Number: 1983415001
  • District: 00
  • Parcel: 0034441
  • Block: 15
  • Lot: 5
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.0997
  • Longitude: -79.826

    Address

  • Full Address: 2502 Fernwood Dr
  • Address - House Number: 2502
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C009
  • 4-Digit Zip Code: 6104
  • Zip Code: 27408

Valuation

    Tax

  • Total Area: 992
  • Tax Year: 2023
  • Tax Amount: $2,391
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 65
  • Final Value: 249,294
  • High Value: 310,590
  • Low Value: 187,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 30, 2010
  • First Open Lien Mortgage Loan Amount: $118,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2040

    Market Valuation

  • Market Total Value: $175,400
  • Market Land Value: $85,000
  • Market Improvement Value: $90,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,400
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $90,400

    Sales

  • Current Sale Contract Date: Jul 30, 2010
  • Current Sale Recording Date: Jul 30, 2010
  • Current Sale Transaction ID: 1197188133
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010039262
  • Previous Sale Recording Date: Apr 01, 2010
  • Previous Sale Contract Date: Apr 01, 2010
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Jul 30, 2010
  • First Mortgage Loan Amount: $118,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: SAMART PROPERTIES LLC
  • Previous Mortgage Transaction Date: Apr 01, 2010
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Guilford Hills



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Frequently Asked Questions

What neighborhood is 2502 Fernwood Drive located in?
The 2502 Fernwood Drive is a located in the neighborhood of Guilford Hills in Guilford Hills, Greensboro.
What is the average sales price for listings in 2502 Fernwood Drive?
The average sales price for units in 2502 Fernwood Drive is $0 currently.

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