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7405 Phelps Court

7405 Phelps Court, Greensboro, NC 27409
Property in Guilford
Refi Nov 30, 2015
Transfer
$92,500 by Bank Of America Na
Mortgage Due Dec 01, 2030
Local assessors in Greensboro, NC have categorized 7405 Phelps Court as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 40,511 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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. If we look only at the heated or air conditioned part of the building, then 7405 Phelps Court has a total of 3,114 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. 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 - B-. The building has a gable or hip style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,067 in taxes each year. 7405 Phelps Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $249,600. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $174,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1985
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,619
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 3,114
  • Gross Building Area: 3,114
  • Building Area: 3,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,114
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOUGHBY RUN
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 25 S4 PB 61-72 WILLOUGHBY RU PL61-72

Ownership

  • 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: MAP 7827046496
  • District: 13
  • Parcel: 0148980
  • Block: 10330
  • Lot: 25
  • Meridian: TWN 13
  • Municipality: BRUCE
  • Latitude: 36.149
  • Longitude: -79.946

    Address

  • Full Address: 7405 Phelps Ct
  • Address - House Number: 7405
  • Address - Street Name: Phelps
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Greensboro
  • Carrier Code: R009
  • 4-Digit Zip Code: 9752
  • Zip Code: 27409

Valuation

    Tax

  • Total Area: 2,110
  • Tax Year: 2023
  • Tax Amount: $2,067

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 450,413
  • High Value: 553,204
  • Low Value: 347,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2015
  • First Open Lien Mortgage Loan Amount: $92,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2030

    Market Valuation

  • Market Total Value: $249,600
  • Market Land Value: $75,000
  • Market Improvement Value: $174,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,600
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $174,600

About Guilford



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Frequently Asked Questions

What neighborhood is 7405 Phelps Court located in?
The 7405 Phelps Court is a located in the neighborhood of Guilford in Guilford, Greensboro.
What is the average sales price for listings in 7405 Phelps Court?
The average sales price for units in 7405 Phelps Court is $0 currently.

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