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517 Lama Street

517 Lama Street, Greensboro, NC 27406
Property in Guilford
Sold May 11, 2022
$150,000
Sold Mar 12, 2019
$65,000
$50,400 by State Employees Cu
Mortgage Due Apr 01, 2049
517 Lama Street 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 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1983. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 517 Lama Street has 1,138 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 1,270 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 7,841 square feet.

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 a screened patio. 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 brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 10, 2022 for $150,000. That's $131.81 per sqft. Prior to that sales transaction, the property was also sold in Mar 8, 2019 for $65,000. 517 Lama Street was last assessed in 2023. The total value of the property was assessed at $70,400. Specifically, the land the property is located on was valued at $14,000. While improvements on the property were assessed at a total of $56,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $960. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Garage Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • 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

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,138
  • Gross Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,138
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARNERSVILLE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WARNERSVILLE PRJ. 1 LO10 SE4 PL39-92

Ownership

  • Current Owner : VSP2 HOMES 2 LLC
  • Previous Owner : LOGAN WITHERSPOON JAMES
  • Previous Owner 2: ASHLEY LAURA
  • Owner Before Previous Owner: TATE FMTR AND TATE SURVIVOR S TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 011400

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: MAP 7863490600
  • District: 00
  • Parcel: 0005609
  • Block: 300
  • Lot: 10
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.0543
  • Longitude: -79.7983

    Address

  • Full Address: 517 Lama St
  • Address - House Number: 517
  • Address - Street Name: Lama
  • Address - Suffix Type: St
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C014
  • 4-Digit Zip Code: 2221
  • Zip Code: 27406

Valuation

    Tax

  • Total Area: 1,142
  • Tax Year: 2023
  • Tax Amount: $960

    Appraisal Valuation

  • Standard Deviation: 0.0973
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 91
  • Final Value: 123,662
  • High Value: 135,694
  • Low Value: 111,629

    Market Valuation

  • Market Total Value: $70,400
  • Market Land Value: $14,000
  • Market Improvement Value: $56,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,400
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $56,400

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887956105
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30802
  • Previous Sale Recording Date: Mar 12, 2019
  • Previous Sale Contract Date: Mar 08, 2019
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Mar 12, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $50,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Greensboro



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Frequently Asked Questions

What neighborhood is 517 Lama Street located in?
The 517 Lama Street is a located in the neighborhood of Guilford in Greensboro, Greensboro.
What is the average sales price for listings in 517 Lama Street?
The average sales price for units in 517 Lama Street is $0 currently.

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