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3916 Martin Avenue

3916 Martin Avenue, Greensboro, NC 27405
Property in Guilford
Sold Feb 15, 2023
$172,500
$115,000 by Turf Solutions Inc
Mortgage Due Feb 15, 2025
Sold Oct 27, 2015
$80,000
$64,000 by Bank Of Oak Ridge
Mortgage
3916 Martin Avenue in Greensboro, NC was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3916 Martin Avenue has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 1,950. In total, the area measurement of the land is 23,522 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The garage is 360 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and 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, 3916 Martin Avenue sold most recently in Feb 15, 2023 for a total of $172,500. If you work out the math, that's approximately a cost of $149.74 per sqft. Before that, the property was also sold for $80,000 in Oct 26, 2015. 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 $1,244 in taxes each year. 3916 Martin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,300. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $63,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 244
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAY FARM SUB
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK1728-348 3916 MARTIN AV

Ownership

  • Current Owner : MARTINEZ TEODORO LOREDO
  • Current Owner 2: MEDRANO GALLARDO OLGA
  • Previous Owner : TURF SOLUTIONS INC
  • Owner Before Previous Owner: LONG TERRY LYNN
  • Owner Before Previous Owner 2: LONG DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 011905

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: G-0439
  • Account Number: 1864602001
  • District: 00
  • Parcel: 0048088
  • Block: 500
  • Lot: 140
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.1336
  • Longitude: -79.7487

    Address

  • Full Address: 3916 Martin Ave
  • Address - House Number: 3916
  • Address - Street Name: Martin
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C007
  • 4-Digit Zip Code: 2855
  • Zip Code: 27405

Valuation

    Tax

  • Total Area: 1,101
  • Tax Year: 2023
  • Tax Amount: $1,244
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 64
  • Final Value: 168,729
  • High Value: 210,745
  • Low Value: 126,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,000
  • First Open Lien Mortgage Lender: TURF SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 15, 2023
  • First Open Lien Mortgage Loan Amount: $115,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 15, 2025

    Market Valuation

  • Market Total Value: $91,300
  • Market Land Value: $28,000
  • Market Improvement Value: $63,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,300
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $63,300

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Transaction ID: 11902181180
  • Current Sale Price: $172,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6705
  • Previous Sale Recording Date: Oct 27, 2015
  • Previous Sale Contract Date: Oct 26, 2015
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TURF SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 15, 2023
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 15, 2025

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF OAK RIDGE
  • Previous Mortgage Transaction Date: Oct 27, 2015
  • Previous Mortgage Loan Amount: $64,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Greensboro



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Frequently Asked Questions

What neighborhood is 3916 Martin Avenue located in?
The 3916 Martin Avenue is a located in the neighborhood of Guilford in Greensboro, Greensboro.
What is the average sales price for listings in 3916 Martin Avenue?
The average sales price for units in 3916 Martin Avenue is $0 currently.

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