Update: The deal fell through, and the house was taken off the market without a sale in the fall of 2017. It finally sold in March 2018 for $31,625, a pathetic $12/square foot. It’s original asking price was $139,900.
The pending sale of 607 Summit Avenue could close any day, so now is a good time to look at the house and consider a future that Greensboro avoided. Without the protection of the city’s historic-district designation, there’s no telling how many historic houses in Dunleath and College Hill, especially, but in Fisher Park, too, would have met the same soul-killing fate.
Greensboro’s historic-district zoning overlay prevents single-family houses from being broken up into multiple units. The city’s design guidelines for historic districts prevent the kind of clumsy renovation that defines 607 Summit. Nothing can be done about bad pre-historic district renovations, like this house, but the city’s protection at least has prevented any more such hatchet jobs from eroding the historic character of the districts.
In an alternate universe where Greensboro did nothing to protect its most intact historic neighborhoods, grand houses in Alternate Dunleath, Alternate College Hill and Alternate Fisher Park are still being chopped up, thoughtlessly altered and stuffed with as many renters as possible. And so the neighborhoods’ property values haven’t soared and taken some of the property-tax burden off the rest of the city, as they have in our more fortunate universe.
When you look at houses like 110 Cypress Street in Dunleath (for sale at $229,500) and 214 S. Mendenhall Street in College Hill (recently sold for $338,000), you see the kind of houses and prices that would be rare in those neighborhoods, if they existed at all, without the historic district designation.
Who would invest hundreds of thousands of dollars (or more) in a house like 106 Fisher Park Circle (for sale at $1.35 million) if landlords were boring into the neighborhood and liquidating its historic character in exchange for the maximum number of rental units?
Greensboro’s leaders in the ’80s had foresight and courage in allowing for the protection of the city’s three historic districts. That protection isn’t a silver bullet, striking down all threats to the districts’ historic character and vitality. But it has given College Hill, Dunleath and Fisher Park a future as thriving neighborhoods, offering greater quality of life, property values and value to the community than before they were protected. Regrettable remnants of the past, like 607 Summit and others, provide a striking reminder of the tangible value that historic preservation brings to Greensboro.