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5510 Greenfield Way

5510 Greenfield Way, Mc Leansville, NC 27301
Property in Guilford
Sold Oct 06, 2015
$105,000
$121,423 by United States Department Of Ag
Mortgage Due Oct 06, 2048
Sold Dec 04, 2007
$101,500
$100,000 by Affiliated Mortgage Services
Mortgage Due Jan 01, 2038
5510 Greenfield Way has been categorized by the local assessors in Mc Leansville, NC as a residential type of property. The building on the property was first built in 1991 and is 33 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5510 Greenfield Way has 1,418 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 750 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 19,602 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 both a open porch and a 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 wood. 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 central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. 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, 5510 Greenfield Way sold most recently in Oct 6, 2015 for a total of $105,000. If you work out the math, that's approximately a cost of $74.05 per sqft. Before that, the property was also sold for $101,500 in Nov 5, 2007. 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 $1,176 in taxes each year. 5510 Greenfield Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $133,800. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $103,800. 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: 1991
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,418
  • Gross Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,418
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUARTERSTONE FARM PH 02
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 257 PH II SEC2A PB 98-120 COUNTRY CROSS PL98-120

Ownership

  • Current Owner : DAVIS FELICIA Y
  • Previous Owner : GAMMON BENJAMIN DALE
  • Owner Before Previous Owner: THE BANK OF NEW YORK TRUST CO NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: MCLEANSVILLE
  • Census Tract: 015401

Zoning

  • Zoning: RS-15

Geography

  • Assessors Map Reference: S0253-B-0311
  • Account Number: 5171628001
  • District: 04
  • Section: 2A
  • Subdivision Phase Number: 2
  • Parcel: 0111581
  • Block: 311S
  • Lot: 257
  • Meridian: TWN 04
  • Municipality: MADISON
  • Latitude: 36.1424
  • Longitude: -79.6517

    Address

  • Full Address: 5510 Greenfield Way
  • Address - House Number: 5510
  • Address - Street Name: Greenfield
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Mc Leansville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9101
  • Zip Code: 27301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,176
  • Tax Rate Code Area: 62

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 67
  • Final Value: 220,906
  • High Value: 271,965
  • Low Value: 169,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,423
  • First Open Lien Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Open Lien Mortgage Recording Date: Oct 06, 2015
  • First Open Lien Mortgage Loan Amount: $121,423
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Oct 06, 2048

    Market Valuation

  • Market Total Value: $133,800
  • Market Land Value: $30,000
  • Market Improvement Value: $103,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,800
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $103,800

    Sales

  • Current Sale Contract Date: Oct 06, 2015
  • Current Sale Recording Date: Oct 06, 2015
  • Current Sale Transaction ID: 1339647673
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015053716
  • Previous Sale Recording Date: Dec 04, 2007
  • Previous Sale Contract Date: Nov 05, 2007
  • Previous Sale Amount: $101,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: Oct 06, 2015
  • First Mortgage Loan Amount: $121,423
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Oct 06, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AFFILIATED MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Dec 04, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

About Guilford



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Frequently Asked Questions

What neighborhood is 5510 Greenfield Way located in?
The 5510 Greenfield Way is a located in the neighborhood of Guilford in Guilford, Mc Leansville.
What is the average sales price for listings in 5510 Greenfield Way?
The average sales price for units in 5510 Greenfield Way is $0 currently.

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