Update: The house sold for $60,000 on July 7, 2017, one month after it went on the market. After a thorough renovation, the house sold for $250,000 on September 11, 2019. It had been listed for $242,000.
507 Park Avenue looks like the best opportunity in Greensboro right now for a buyer who wants to give a historic home a thorough restoration. While the Zillow listing has no interior photos, it includes a quick video walk-through that provides a good idea of its condition (screenshots below).
The Craftsman bungalow is for sale at $79,900, a price definitely down in the fixer-upper range for a home in the Dunleath Historic District (remember, it’s Dunleath now, not Aycock). It has four bedrooms, two bathrooms and either 1,637 square feet (county records) or 2,131 (Zillow). It has been owned by one family since 1961.
The house is easily identified by its distinctive front porch, with double columns atop tall brick pillars, and a dormer with somewhat cramped-looking windows. The front yard is in good shape, especially if you love shrubs. A double concrete-strip driveway leads to a backyard garage. Also behind the house are a brick fireplace, clothes line and a small shed. The video indicates the interior isn’t awful but does need a thorough renovation. The listing says it has central air conditioning, but there are a couple window air conditioners as well.
507 Park went on the market Wednesday. If this is the kind of opportunity you’re looking for, get over there Saturday and take a look. Very few properties are for sale in Greensboro’s historic districts this spring, and this looks to be the best renovation candidate on the market.