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7404 Phelps Court

7404 Phelps Court, Greensboro, NC 27409
Property in Guilford
Sold Dec 12, 2017
$267,000
$262,163 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2048
Sold Aug 18, 2005
$260,000
$230,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2035
7404 Phelps Court 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 1985 and is 39 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7404 Phelps Court has 2,433 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,996 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 756 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ 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 shingle. 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 heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7404 Phelps Court was last sold in Dec 11, 2017 for $267,000. According to our calculations, that's $109.74 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Jul 21, 2005. Current property owners are expected to pay $2,594 in taxes per year. The property on 7404 Phelps Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,200. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $238,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1985
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood shingle
  • 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
  • Garage Type: Garage
  • Garage Square Area: 756
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,433
  • Gross Building Area: 2,433
  • Building Area: 2,433
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,433
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOUGHBY RUN
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.01AC 27 PB 61-72 WILLOUGHBY RU PL61-72

Ownership

  • Current Owner : GAGNON CHRISTOPHER CARR
  • Current Owner 2: GAGNON HEATHER GOODE
  • Previous Owner : LEE SUNG KWANG
  • Previous Owner 2: LEE SUN HEE
  • Owner Before Previous Owner: SHOFFNER JOHN DEWEY
  • Owner Before Previous Owner 2: SHOFFNER PAULA STONE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: OAK RIDGE
  • Census Tract: 016003

Zoning

  • Zoning: RS-40

Geography

  • Assessors Map Reference: S0650-D-1033
  • Account Number: 4767195001
  • District: 13
  • Parcel: 0148982
  • Block: 10330
  • Lot: 43
  • Meridian: TWN 13
  • Municipality: BRUCE
  • Latitude: 36.1495
  • Longitude: -79.9464

    Address

  • Full Address: 7404 Phelps Ct
  • Address - House Number: 7404
  • Address - Street Name: Phelps
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Greensboro
  • Carrier Code: R009
  • 4-Digit Zip Code: 9751
  • Zip Code: 27409

Valuation

    Tax

  • Total Area: 2,878
  • Tax Year: 2023
  • Tax Amount: $2,594
  • Tax Rate Code Area: 63

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 440,659
  • High Value: 521,038
  • Low Value: 360,281

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $289,456
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 12, 2017
  • First Open Lien Mortgage Loan Amount: $262,163
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 01, 2022
  • Second Open Lien Mortgage Loan Amount: $27,293
  • Second Open Lien Mortgage Term: 310
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $313,200
  • Market Land Value: $75,000
  • Market Improvement Value: $238,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,200
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $238,200

    Sales

  • Current Sale Contract Date: Dec 11, 2017
  • Current Sale Recording Date: Dec 12, 2017
  • Current Sale Transaction ID: 11337152974
  • Current Sale Price: $267,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017069574
  • Previous Sale Recording Date: Aug 18, 2005
  • Previous Sale Contract Date: Jul 21, 2005
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 12, 2017
  • First Mortgage Loan Amount: $262,163
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 18, 2005
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7404 Phelps Court located in?
The 7404 Phelps Court is a located in the neighborhood of Guilford in Guilford, Greensboro.
What is the average sales price for listings in 7404 Phelps Court?
The average sales price for units in 7404 Phelps Court is $0 currently.

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