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601 Lipscomb Road

601 Lipscomb Road, Greensboro, NC 27410
Property in Hamilton Lakes
Sold Dec 28, 2023
$288,500
$195,000 by Movement Mortgage, Llc
Mortgage Due Jan 01, 2054
Sold Dec 18, 2018
$215,000
$172,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2049
601 Lipscomb Road in Greensboro, NC was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 601 Lipscomb Road has 1,820 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 1,030 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 17,860 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of B-. 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 heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 601 Lipscomb Road sold most recently in Dec 20, 2023 for a total of $288,500. If you work out the math, that's approximately a cost of $158.52 per sqft. Before that, the property was also sold for $215,000 in Dec 6, 2018. 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 $3,079 in taxes each year. 601 Lipscomb Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $225,900. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $170,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1971
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • 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

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN ACRES
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 BA PB38-34 GREEN ACRES PL38-34

Ownership

  • Current Owner : HO THANH
  • Current Owner 2: HO PHUOC LOC
  • Previous Owner : WILLIS DONALD G
  • Owner Before Previous Owner: COX ANDREW
  • Owner Before Previous Owner 2: COX ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 012505

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MAP 7845019364
  • District: 00
  • Parcel: 0038320
  • Block: 1700
  • Lot: 1
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.086
  • Longitude: -79.8766

    Address

  • Full Address: 601 Lipscomb Rd
  • Address - House Number: 601
  • Address - Street Name: Lipscomb
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C017
  • 4-Digit Zip Code: 4324
  • Zip Code: 27410

Valuation

    Tax

  • Total Area: 1,845
  • Tax Year: 2023
  • Tax Amount: $3,079

    Appraisal Valuation

  • Standard Deviation: 0.0962
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 91
  • Final Value: 322,715
  • High Value: 353,785
  • Low Value: 291,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2023
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $225,900
  • Market Land Value: $55,000
  • Market Improvement Value: $170,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,900
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $170,900

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Transaction ID: 11918252745
  • Current Sale Price: $288,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 58773
  • Previous Sale Recording Date: Dec 18, 2018
  • Previous Sale Contract Date: Dec 06, 2018
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Dec 28, 2023
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 18, 2018
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Hamilton Lakes



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Frequently Asked Questions

What neighborhood is 601 Lipscomb Road located in?
The 601 Lipscomb Road is a located in the neighborhood of Hamilton Lakes in Hamilton Lakes, Greensboro.
What is the average sales price for listings in 601 Lipscomb Road?
The average sales price for units in 601 Lipscomb Road is $0 currently.

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