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4705 Merlot Way

4705 Merlot Way, Greensboro, NC 27410
Property in Laurel Park
Sold May 02, 2005
$213,000
$212,915 by Equifirst Corp
Mortgage Due May 01, 2035
Local assessors in Greensboro, NC have categorized 4705 Merlot Way as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 3,485 square feet. The linear feet between the front and back of the lot was measured at 480 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4705 Merlot Way has a total of 2,770 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - B. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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, 4705 Merlot Way sold most recently in Mar 9, 2005 for a total of $213,000. If you work out the math, that's approximately a cost of $76.90 per sqft. 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 $3,842 in taxes each year. 4705 Merlot Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $281,900. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $236,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2005
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Unknown
  • 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 Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 480
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,770
  • Gross Building Area: 2,770
  • Building Area: 2,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,770
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTIBELLO
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 1801 MONTIBELLO PB159-15 MAP 6 PL159-15

Ownership

  • Current Owner : URENA JUAN
  • Current Owner 2: URENA TANIA M
  • Previous Owner : PORTRAIT HOMES CONSTRUCTION CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 016005

Zoning

  • Zoning: CU-RM-5

Geography

  • Assessors Map Reference: G-0173
  • Account Number: 4837673001
  • District: 00
  • Parcel: 0081129
  • Block: 83500
  • Lot: 1801
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.1518
  • Longitude: -79.8765

    Address

  • Full Address: 4705 Merlot Way
  • Address - House Number: 4705
  • Address - Street Name: Merlot
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Greensboro
  • Carrier Code: R053
  • 4-Digit Zip Code: 9652
  • Zip Code: 27410

Valuation

    Tax

  • Total Area: 2,909
  • Tax Year: 2023
  • Tax Amount: $3,842
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 436,339
  • High Value: 535,918
  • Low Value: 336,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,915
  • First Open Lien Mortgage Lender: EQUIFIRST CORP
  • First Open Lien Mortgage Recording Date: May 02, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $212,915
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Market Valuation

  • Market Total Value: $281,900
  • Market Land Value: $45,000
  • Market Improvement Value: $236,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,900
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $236,900

    Sales

  • Current Sale Contract Date: Mar 09, 2005
  • Current Sale Recording Date: May 02, 2005
  • Current Sale Transaction ID: 1109889642
  • Current Sale Price: $213,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 957342

    Last Sale Mortgage

  • First Mortgage Lender: EQUIFIRST CORP
  • First Mortgage Transaction Date: May 02, 2005
  • First Mortgage Loan Amount: $212,915
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: May 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 4705 Merlot Way located in?
The 4705 Merlot Way is a located in the neighborhood of Laurel Park in Laurel Park, Greensboro.
What is the average sales price for listings in 4705 Merlot Way?
The average sales price for units in 4705 Merlot Way is $0 currently.

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