Recent Sales: Renovation Projects

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5222 Summit Avenue

  • Sold for $50,000 on May 30, 2018 (originally listed at $70,000)
  • 3 bedrooms, 1 bathroom, 1,324 square feet, 0.97 acre
  • Price/square foot: $38
  • Built in 1940
  • Listed February 19, 2018
  • Last sale: $20,000, January 1985
  • Neighborhood: Rudd
  • Listing: “There is no current heat/air system. Current owner is anxious to sell and will consider all offers.”

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3522 Alamance Church Road, Julian

  • Sold for $83,000 on May 29, 2018 (auction)
  • 3 bedrooms, 1 bathroom, 1,036 square feet, 7.27 acres
  • Price/square foot: $80
  • Built in 1903
  • Listed April 22, 2018
  • Last sale: No previous sale is listed in online records. The property has been in the May family since before 1969.
  • Note: Listing gives the price as $73,800, the tax value of the property.
    “7.27 AC w/10-Pole Barn/Tractor Sheds, House built 1903 (Needs to be torn down), Mobile home on property (Needs work/No title).”

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625 E. Florida Street

  • Sold for $69,000 on May 10, 2018 (listed at $89,900)
  • 5 bedrooms, 2 bathrooms, 2,112 square feet
  • Price/square foot: $33
  • Built in 1923
  • Listed March 19, 2018
  • Last sale: $116,000, September 2005
  • Neighborhood: Arlington Park
  • Listing: “This home needs lots of work….Bring all offers.”
    Currently a rental.

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503 Cummings Street, Gibsonville

  • Sold for $30,000 on May 10, 2018
  • 4 bedrooms, 1 bathroom, 1,792
  • Price/square foot: $17
  • Built in 1929
  • Listing information unavailable
  • Last sale: $35,000, March 2000

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802 Macon Street

  • Sold for $20,000 on May 3, 2018 (listed at $25,000)
  • 2 bedrooms, 1 bathroom, 1,116 square feet
  • Price/square foot: $18
  • Built in 1926
  • Listed September 8, 2017
  • Last sale: 1955, no price available in online records
  • Neighborhood: Asheboro Community
  • Note: Estate sale. No photos included in listing.

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306 Beech Street

  • Sold for $63,000 on April 29, 2018 (listed at $71,000)
  • 4 bedrooms, 2 bathrooms, 2,327 square feet
  • Price/square foot: $27
  • Built in 1933
  • Listed June 2015
  • Last sale: $65,000, August 1995
  • Neighborhood: Cumberland
  • Note: Currently a rental.
    Listing: “Needs remodeling…”

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708 Reid Street

  • Sold for $39,000 on April 20, 2018 (listed at $40,000)
  • 2 bedrooms, 1 bathroom, 1,272 square feet
  • Price/square foot: $31
  • Built in 1938
  • Listed February 21, 2018
  • Last sale: 1953, no price available in online records
  • Neighborhood: Asheboro Community
  • Listing: “Offered as-is, seller to make no repairs.”
  • Note: Not owner occupied.
  • WARNING: A Craigslist ad for the same property, posted on March 30 and April 11, lists the price as $58,000. It also gives a different local phone number than the Greensboro agent listed on triadmls.com (the March 30 version of the ad listed a phone number in Phoenix). Beware of the possibility of a Craigslist scam.

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1701 Ball Street

  • Sold for $25,000 on April 19, 2018 (listed at $27,900)
  • 2 bedrooms, 1 bathroom, 988 square feet
  • Price/square foot: $25
  • Built in 1910
  • Listed November 21, 2017
  • Last sale: $17,000, June 2012
  • Neighborhood: Edgeville
  • Note: Photos included in listing show windows boarded up. No interior photos.

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415 May Street, Gibsonville

  • Sold for $61,025 on April 18, 2018 (originally listed at $69,900)
  • 3 bedrooms, 1 bathroom, 1,930 square feet, 0.59 acre
  • Price/square foot: $32
  • Built in 1880
  • Listed January 29, 2018
  • Last sale: $50,000, October 1993
  • Note: Foreclosure, now owned by the lender. Listing shows fewer square feet (1,850) than county property record (1,930).

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318 N. Regan Street

  • Sold for $22,000 on April 13, 2018 (originally listed at $55,000)
  • 3 bedrooms, 1 bathroom, 1,127 square feet
  • Price/square foot: $20
  • Built in 1908
  • Listed November 29, 2017
  • Last sale: $36,500, September 1991
  • Neighborhood: Cumberland
  • Note: Rental. Listing says “home needs some work.” It’s been a student rental for more than 25 years, owned by an out-of-state company, and no interior photos are included with the listing, so “some” is probably putting it mildly.

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1508 Lovett Street

  • Sold for $38,000 on April 2, 2018 (listed at $49,900)
  • 3 bedrooms, 1 bathroom, 816 square feet
  • Price/square foot: $47
  • Built in 1938
  • Listed February 19, 2018
  • Last sale: $42,500, December 12, 2018, appears to be a foreclosure.
  • Neighborhood: Glenwood
  • Note: Not owner occupied. Listing includes 10 photos of the exterior, none of the interior.

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3703 Oak Grove Avenue

  • Sold for $35,000 on April 2, 2018 (originally listed at $57,500)
  • 3 bedrooms, 1 1/2 bathrooms, 1,359 square feet
  • Price/square foot: $26
  • Built in 1923
  • Listed November 6, 2017
  • Last sale: $43,000, July 1996
  • Neighborhood: Bessemer Park
  • Foreclosure. Though the listing doesn’t say it, the pictures and the price suggest at least a moderate amount of work needs to be done on this one.

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3909 Southeast School Road, Forest Oaks

  • Sold for $270,000 on March 15, 2018 (originally listed at $449,000)
  • 4 bedrooms, 2 bathrooms, 2,200 square feet, 23.76 acres
  • Price/square foot: $123; price/acre: $11,363
  • Built in 1920
  • Listed September 2015
  • Last sale: 1963, price unavailable in online records
  • Notes: Property includes 3-acre pond. Listing: “Existing 4 Bedroom Home Needing Some TLC, Excellent Income Property Or Remodel Project”

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402 Madkins Street, Gibsonville

  • Sold for $35,000 on February 28, 2018 (listed at $36,000)
  • 1 bedroom, 1 1/2 bathrooms, 774 square feet
  • Price/square foot: $45
  • Built in 1913
  • Listed January 27, 2018
  • Last sales: $31,500, August 2017; $49,000, May 2017
  • Listing: “Lots of potential.”
  • Note: A rare property that has more bathrooms than bedrooms.

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706 Walker Avenue — contract pending as of January 11, 2018

  • Sold for $145,000 on February 28, 2018 (originally listed at $169,000)
  • 4 bedrooms, 2 bathrooms, 1,992 square feet
  • Price/square foot: $73
  • Built in 1910
  • Listed September 24, 2017
  • Last sale: 1974, price not available in online records
  • Now divided into two apartments, the house could be returned to a single-unit, owner-occupied home.

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6906 McClellan Road, Pleasant Garden

  • Sold for $75,000 on February 15, 2018 (listed at $55,000)
  • 2 bedrooms, 1 bathroom, 1,352 square feet, 9.35 acres
  • Price/acre: $8,021
  • Built in 1938
  • Listed February 2, 2018
  • Last sale: $100,000, June 2005
  • Listing: “The property will not qualify for a mortgage due to no running water or septic system. Home needs repairs.”
  • Note: The property appears to have been sold to a developer simply for the land, with the house to be torn down — the sale closed in less than two weeks at a $20,000 premium to the asking price.

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2640 Kivett Drive

  • Sold for $42,000 on February 14, 2018 (originally listed at $69,900)
  • 2 bedrooms, 1 bathroom, 1,315 square feet, 1.0 acre
  • Price/square foot: $32
  • Built in 1939
  • Listed September 19, 2017
  • Last sale: 1960, no price available in online records
  • Neighborhood: Groometown Road
  • Listing: “Lots of potential. Live in home and upgrade.” No pictures of interior are included in the listing.

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909 Fairmont Street

  • Sold for $210,000 on February 12, 2018 (listed at $215,000)
  • 4 bedrooms, 2 bathrooms, 2,104 square feet
  • Price/square foot: $100
  • Built in 1922
  • Listed January 2, 2018
  • Last sale: 1969, no price listed in online records
  • Neighborhood: Westerwood
  • Listing: “This home needs updating and is priced accordingly.” No photos of interior included in listing.

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415 May Street, Gibsonville

  • Auction held Tuesday, January 2, 2018; property was not bought and now belongs to the lender.
  • 3 bedrooms, 1 bathroom, 1,930 square feet
  • Price/square foot: Not applicable
  • Built in 1880
  • Last sale: $50,000, October 1993
  • Note: No photos of the interior are included in the listing.

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4909 Guilford College Road
Blog post

  • Sold for $173,000 on December 14, 2017 (originally listed at $194,800)
  • 3 bedrooms, 1 1/2 bathrooms, 2,400 square feet, 2.18 acres
  • Price/square foot: $72
  • Built in 1908
  • Listed February 2017
  • Last sale: September 2009, price unavailable in online records
  • Neighborhood: Near Grandover and Business 85
  • Note: Includes a detached workshop with a large second-floor room and a dilapidated barn. Some rooms have been renovated, but most of the house needs work.

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2610 McConnell Road

  • Sold for $17,000 on December 14, 2017 (listed at $12,900 when sold, originally listed at $19,900)
  • 3 bedrooms, 1 bathroom, 936 square feet
  • Price/square foot: $18
  • Built in 1922
  • Listed October 17, 2017
  • Last sale: Foreclosure, $48,000, May 2015
  • Neighborhood: Hampton Community
  • Note: For sale by owner. No photos of interior included in listing. Rental. Previous listing: “Property is being sold ‘as is’ and only cash offers will be considered. All offers must have proof of funds.”

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4005 Peterson Avenue

  • Sold for $31,000 on November 6, 2017 (listed at $34,500)
  • 3 bedrooms, 2 bathrooms, 1,094 square feet
  • Price/square foot: $28
  • Built in 1938
  • Listed September 29, 2017
  • Last sale: $32,000, July 2017
  • Neighborhood: Textile Drive/Waugh Street
  • Note: Foreclosure. “Available to owner/occupant buyers ONLY for first 20 days of listing.”

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4007 Peterson Avenue

  • Sold for $25,000 on October 25, 2017 (listed at $40,000)
  • 3 bedrooms, 1 bathroom, 1,253 square feet
  • Price/square foot: $20
  • Built in 1939
  • Listed October 4, 2017
  • Last sale: 1974, no price available in online records
  • Neighborhood: Textile Drive/Waugh Street
  • Note: “TLC Needed to Get Move In or Rent Ready”

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720 Burlington Avenue, Gibsonville

  • Sold for $47,500 on October 19, 2017 (listed at $60,000)
  • 4 bedrooms, 1 bath, 2,367 square feet, 1.5 acres
  • Price/square foot: $20
  • Built in 1924
  • Listed August 9, 2017
  • Last sale: Foreclosure sale amount $89,000.
  • Listing: Foreclosure. “House has room to add additional bath(s) within existing structure. Fireplaces may not work, no information on whether electrical, plumbing, HVAC are functional.” Property includes an outbuilding and a swimming pool. Located on the Alamance County side of Gibsonville.

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3127 Alamance Church Road, Julian

  • Sold for $39,000 on October 16, 2017
  • 4 bedrooms, 1 bathrooms, 1,504 square feet, 1.25 acres
  • Price/square foot: $26
  • Built in 1915
  • Listed August 5, 2017
  • Last sale: April 1971, price not available in online records
  • Note: Listing: “No Heat or A/C … Old House w/Potential!” No photos of interior included in listing.

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3814-A Central Avenue

  • Sold for $20,000 on October 12, 2017 (originally listed at $24,900)
  • 3 bedrooms, 1 bathroom, 1,314 square feet
  • Price/square foot: $15
  • Built in 1925
  • Listed July 24, 2017
  • Last sale: $58,000, April 2017
  • Neighborhood: Heath Community
  • Listing: “Property is on city repair list. Contact city of Greensboro for further details. Signed Mold disclosure required before all showings. See attachments for disclosure and list of city identified repairs.” Now owned by a bank.

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1213 Kirkman Street

  • Sold for $22,000 on September 21, 2017 (listed at $22,000)
  • 2 bedrooms, 1 bathroom, 756 square feet
  • Price/square foot: $29
  • Built in 1933
  • Listed August 31, 2017
  • Last sale: $22,500, August 2000
  • Neighborhood: Southmont
  • Listing: “Property being Sold As-Is. Seller makes no representations or warranties as to property condition. … Home has no permanent heat source.” Lot is 0.34 acre.

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507 Park Avenue
Blog post

  • Sold for $60,000 on July 7, 2017 (originally listed at $79,900)
  • 4 bedrooms, 2 bathrooms, 2,131 square feet
  • Price/square foot: $28
  • Built in 1915
  • Listed June 7, 2017
  • Last sale: 1961, no price listed in online records
  • Note: “Great potential for a rehab,” agent says.

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4332 Millpoint Road, Southeast Guilford

  • Sold for $95,000 on June 16, 2017 (listed at $109,000)
  • 2 bedrooms, 1 bathroom, 1,500 square feet, 3 acres
  • Price/square foot: $72
  • Built in 1945
  • Listed February 1, 2017
  • Last sale: June 1969, price not available in online records
  • Listing: “Needs a little TLC.”

527 julian street

527 Julian Street

  • Sold for $31,500 on May 25, 2017 (listed at $34,900)
  • 4 bedrooms, 2 bathrooms, 2,553 square feet
  • Price/square foot: $14
  • Built in 1910
  • Listed March 10, 2017
  • Last sale: $195,000 (foreclosure), March 2014
  • Neighborhood: Asheboro Community

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2906 W. Vandalia Road

  • Sold for $25,000 on May 23, 2017 (listed at $48,000)
  • 2 bedrooms, 1 bathroom, 967 square feet
  • Price/square foot: $49
  • Built in 1931
  • Listed March 9, 2017
  • Last sale: $27,000, March 2008
  • Neighborhood: Meadowood Homes
  • Note: 1+ acre. “Home needing repairs being sold AS-IS.”

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5953 Essex Trail, Pleasant Garden

  • Sold for $17,000 on May 15, 2017 (asking price was $17,900)
  • 3 bedrooms, 1 bathroom, 1,800 square feet
  • Price/square foot: $11
  • Built in 1940
  • Listed June 2016
  • Last sale: $5,000, 1976
  • Note: .98 acres
  • Note: “This property was foreclosed and now the lender is selling it for $19,900. … The lender assumed this property for $67,450 during foreclosure proceedings and now owns it.” (Zillow)

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909 Walker Avenue

  • Sold for $118,800, February 15, 2015 (foreclosure)
  • 8 bedrooms, 4 baths, 2,222 square feet
  • Price/square foot: $53
  • Built in 1924
  • Listed August 2, 2016
  • Last previous sale: Sold in foreclosure auction, July 15, 2016, to Federal National Mortgage Association (Fannie Mae); no price was entered in county records. Before that, the last previous sale was in September 2007, $188,000.
  • Neighborhood: College Hill