There are few houses for sale in Greensboro’s three historic districts this winter. College Hill, Dunleath and Fisher Park have a total of just six houses for sale right now (three others under contract). Still, some of those homes are among the finest historic homes in the city. One of the highlights is 305 S. Mendenhall Street in College Hill, the Stokes-Dees House.
Greensboro’s three historic districts are hot properties this spring. If you’re interested in a classic home in College Hill, Dunleath or Fisher Park, you better be ready to move fast. The most recent Dunleath listing, for example, 615 Percy Street, was on the market just two days before the owner accepted an offer. Here are three of the best homes for sale now in Greensboro’s most historic neighborhoods.
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.
104 Meadowbrook Terraceis the best value on the market among $1 million classic homes (aka mansions). Priced at $1.765 million, $207/square foot, it’s listed at almost the same price as the much smaller 701 Sunset Drive ($1.785 million), but on a square-foot basis it’s 47 percent less expensive (701 Sunset is $388/square foot). For the value-conscious millionaire, 104 Meadowbrook is the best buy in Greensboro.
[Update: The house was taken off the market June 3, 2017, after 19 months]
Among the few historic district homes on the market, 214 S. Mendenhall Streetis a sweet combination of price and indoor-and-out beauty. At $359,000, $128/square foot, it’s priced almost identically to the nearby and also lovely 306 South Mendenhall Street($350,000, also $128/square foot),but has a bigger, more private lot and very nice outdoor spaces.
[Update: The house has a contract pending as of June 3, 2017]
The five vintage neighborhoods west of downtown are the busiest market for classic homes in Greensboro. There are 24 on the market, and 12 are under contract. Eleven more have been sold this spring. 2808 Springwood Driveis an unusual Lindley Park home that almost looks like a beach house. The listing’s pictures of the interior look quite nice. At $199,000, $113/square foot, it’s a steal.
In east and south Greensboro, there’s nothing else like 211 N. Dudley Street. A Mid-Century Modern classic, it has been meticulously restored by its current owners (the listing’s pictures show it off well). And at $245,000, $88/square foot, it’s an amazing bargain. Located across Dudley Street from A&T, it’s perfect for an Aggie (or anyone else) who values classic Modernist design.
In the smaller towns and rural areas of Guilford County, 7204 Whitsett Park Road in Whitsettis a standout: a 1902 farmhouse on just under 2 acres, beautifully restored inside and out. The house is 3,100 square feet, and the property has a couple of outbuildings. At $299,000, $92/square foot, it’s a remarkable bargain.
[Update: An offer was accepted June 3, 2017; it fell through and the house went back on the market June 12.]
Update: The house sold for $359,000 on August 1, 2017.
214 S. Mendenhall Street is a good example of what Greensboro’s historic districts strive to be: It’s not a museum piece, but a living piece of history that serves its owner as comfortably today as it did a century ago. It embodies the character and charm of turn-of-the-century architecture with its broad front porch, high ceilings and five fireplaces. And it has been thoughtfully restored and renovated, inside and out, to preserve those qualities in a home as livable as any modern house.
Update: The house sold for $274,500 on June 23, 2017.
How can this house be on the market again? In the past six years, 500 S. Mendenhall Street has been put up for sale three times without success. Now it’s available for a fourth try, this time priced at $285,000 ($110/square foot). Which would seem a rock-bottom price for a Queen Anne gem.
The spring home-buying season has gotten off to a fast start, particularly in Irving Park, Lindley Park and Sunset Hills. Two Irving Park homeowners have accepted very quick offers. 607 Woodland had been on the market for three days; the asking price of $999,000 works out to an impressive $312 per square foot. 1104 Sunset Drive (asking $569,000) had been on the market just four days before an offer was accepted.
In Sunset Hills, we have eight current pre-1950 listings, and six of them went under contract in March. 309 Woodbine Court ($394,900) accepted an offer in two days; 1808 Rolling Road ($400,000), seven days; 2206 W. Market ($618,000), nine days.
In Lindley Park, we have six current listings; four went under contract in March. 2611 Sherwood Street ($164,900) had been on the market two days; 803 Longview Street ($264,000), three days; and 2514 Walker Avenue ($225,000), 34 days.
The hot item in College Hill has been townhomes in the Wafco area. Four came on the market between February 22 and March 16; all four were under contract by March 27.
Listings are at premium in the historic districts. Aside from the townhouses under contract, College Hill has only two houses and a Wafco Mills condo on the market. Just four Fisher Park houses are listed, and two are under contract. An offer was accepted on 700 Magnolia Street ($195,000) after two days on the market. In the newly renamed Dunleath Historic District, only four houses are the market, all smaller homes priced $175,000 or lower.
The market for classic mansions in Sedgefieldis tight and moving at a pace as stately as the homes themselves. Only three older homes are on the market, all at least 4,000 square feet and on the market at least nine months. Prices range from $425,000 to $2.9 million.