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623 Park Avenue

623 Park Avenue, Greensboro, NC 27405
Sold Mar 31, 2021
$156,000
$290,600 by Touchstone Bank
Mortgage
Sold Oct 23, 2020
$161,573
Local assessors in Greensboro, NC have categorized 623 Park Avenue as a residential type of property. The home was built in 1931 and is 93 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 623 Park Avenue has a total of 1,944 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 - C. The building has a gable or hip style roof that was made of asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 623 Park Avenue was last sold in Mar 23, 2021 for $156,000. According to our calculations, that's $80.25 per sqft. Prior to that sales transaction, the property was sold for $161,573 in Oct 22, 2020. Current property owners are expected to pay $1,861 in taxes per year. The property on 623 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $131,700. To break that down further, the land itself was valued at $23,000. While improvements to the property were assessed at a total of $108,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,944
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMIT AVE BLDG CO
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 12 B20 PB 2-93 SUMMIT AVE BLDG CO PL2-93

Ownership

  • Current Owner : BURNS KHAYRI
  • Previous Owner : DEUTSCHE BANK TRUST COMPANY AMERICAS
  • Owner Before Previous Owner: COUNTY OF GUILFORD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 010900

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: MAP 7864984990
  • District: 00
  • Parcel: 0002467
  • Block: 20
  • Lot: 12
  • Municipality: MOREHEAD/GILMER
  • Latitude: 36.0799
  • Longitude: -79.78

    Address

  • Full Address: 623 Park Ave
  • Address - House Number: 623
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Greensboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 7711
  • Zip Code: 27405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,861

    Appraisal Valuation

  • Standard Deviation: 0.0962
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 91
  • Final Value: 283,797
  • High Value: 311,119
  • Low Value: 256,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,600
  • First Open Lien Mortgage Lender: TOUCHSTONE BANK
  • First Open Lien Mortgage Recording Date: Mar 25, 2022
  • First Open Lien Mortgage Loan Amount: $290,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $131,700
  • Market Land Value: $23,000
  • Market Improvement Value: $108,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,700
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $108,700

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11833681128
  • Current Sale Price: $156,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021023534
  • Previous Sale Recording Date: Oct 23, 2020
  • Previous Sale Contract Date: Oct 22, 2020
  • Previous Sale Amount: $161,573
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PBREI LLC
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Charles Aycock - Summit Ave



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Nearby Rentals

Unit for rent at 215 Mciver Street, Greensboro, NC, 27403

$850 /mo

  • 1 Bed
  • 1 Bath
  • 660 ft²
215 Mciver Street #D, Greensboro, NC, 27403 Listing by Tyler Nosek

Frequently Asked Questions

What neighborhood is 623 Park Avenue located in?
The 623 Park Avenue is a located in the neighborhood of Charles Aycock - Summit Ave in Charles Aycock - Summit Ave, Greensboro.
What is the average sales price for listings in 623 Park Avenue?
The average sales price for units in 623 Park Avenue is $0 currently.

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