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5509,5505,5505zz,5509zz, Drake Road, Greensboro, NC, 27406

$699,970

20.29 Acres
Land

Location

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Property Highlights

Home TypeAgriculture
MLS #1161562
Lot Size20.29 Acres
StatusActive

About 5509,5505,5505zz,5509zz, Drake Road

6 TRACKS OF LAND WITH A 1100 SF HOME 3 BEDROOMS AND 1 BATH RENTAL ON THE PROPERTY. THIS PROPERT GOES STRAIGHT BACK TO SHEILA DRIVE. SHEILA DRIVE ENDS RIGH AT THIS PROPERTY. THE ONLY SEPTIC PERMIT IS ON TRACK 1 (5509) THE HOME IS BEING SOLD AS IS. 10/2024 A SURVEY WAS COMPLETED FOR THE ENTIR TRACK OF LAND. THIS PROPERTY IS DIVIDED IN 6 SEPARATE TRACKS OF LAND. BEING SOLD TOGETHER ONLY. SELLER WILL NOT SUBDIVIDE OR SELL SEPARATELY.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Realty Consultants
  • Office Phone: (336) 217-9300
  • Listing Agent: Barbara Mann

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 20.29 Acres

Other

Directions Information:

  • Directions: HWY 73 AND 220 TO LEFT ON OLD RANDLEMAN ROAD TO KIVETT ROAD TO LEFT ON DRAKE

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,970
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Housing Market Comparison

See how this home compares to others in Greensboro, NC.

Med. Sold Price

$284.2K

Med. Price/SqFt

$172

Avg. Days On Market

29

# of Sold Homes

259

5509,5505,5505zz,5509zz, Drake Road vs Greensboro

52 DAYS ON ROCKET

+23 Days

$699,970

+$415.7K More

KEY TAKEAWAY

This property is $415.7K more than the Median Sold Price in Greensboro, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1161562

Listing Office:

  • Office Name: RE/MAX Realty Consultants
  • Office Phone: (336) 217-9300
  • Listing Agent: Barbara Mann

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-791181
5
/10
  • Southern Guilford Elementary School

  • 5720 Drake Rd

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-791182
5
/10
  • John R Lawrence Elementary School

  • 6068 Suits Rd

  • 4.29 miles

  • Public District Grades KG-5

school-card-donut-791183
3
/10
  • Sumner Elementary School

  • 1915 Harris Dr

  • 4.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,194. The most common annual income of people living in Greensboro, NC is between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Greensboro, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Greensboro, NC?

The housing landscape in Greensboro is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. Architectural styles vary, with a prevalence of traditional and colonial homes alongside more contemporary designs. The market is primarily composed of single-family homes, with a substantial portion of residences built during the late 20th century. The homeownership rate in Greensboro is robust, with a significant majority of residents owning their homes, while the remainder are engaged in the rental market.

Is Greensboro, NC a good place to live?

Greensboro prides itself on being a vibrant community with a rich historical backdrop. The city is celebrated for its well-preserved historical districts and the annual events that reflect its cultural heritage. The community's character is further defined by its green spaces and public parks, which provide residents with ample opportunities for outdoor activities and relaxation.

Are things conveniently located in Greensboro, NC?

Residents of Greensboro have access to a comprehensive array of services. The educational system includes numerous public and private schools, catering to all levels of education, from elementary to high school. Healthcare facilities are well-distributed throughout the city, offering a range of services from primary care to specialized treatments. The public library system is extensive, supporting the community's educational and informational needs. Retail and dining options are plentiful, showcasing both national chains and local establishments that reflect the city's diverse cultural palate.

What does the transportation in Greensboro, NC look like?

Transportation in Greensboro is facilitated by a network of roads and highways that connect the city to the wider region. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, particularly in the downtown area and other key neighborhoods. While specific ride-sharing services are operational in Greensboro, the city encourages the use of various modes of transportation to reduce congestion and promote environmental sustainability.

Frequently Asked Questions About 5509,5505,5505zz,5509zz, Drake Road

What is the listing price of this property?

The listing price of 5509,5505,5505zz,5509zz, Drake Road property is $699,970.

What type of property is this?

The property 5509,5505,5505zz,5509zz, Drake Road is land located in Greensboro, North Carolina, 27406.

Is this property for sale now?

Active Listing: 5509,5505,5505zz,5509zz, Drake Road is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5509,5505,5505zz,5509zz, Drake Road is 20.29 acres.
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Rocket HomesNorth CarolinaGuilford CountyGreensboro274065509,5505,5505zz,5509zz, Drake Road

This home is located at 5509,5505,5505zz,5509zz, Drake Road in Greensboro, NC and zip code 27406. This home sits on a 20.29 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $699,970.

Over 61 listings were sold over their listed price in November 2024 in Greensboro, NC. In the same period over 138 listings were sold below the listed price and 60 listings were sold for the listed price. Between October 2024 and November 2024, Greensboro, NC real estate market has seen decrease in the number of listings by 3.9%. In November 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $284,236.

From Rocket Homes Real Estate and based on county public records data.

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