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Sold for $673,000
  • $673,000

    500 E Lake Dr, Greensboro, NC 27401

    4beds
    2,285sqft
    Stick/Site Built, Residential, Single Family Residence
    Built in 1923
    0.28 Acres Lot
    $695,100 Zestimate®
    $--/sqft
    $3,301 Estimated rent

    Home value

    $695,100

    $660,000 - $730,000

    $3,301/mo

    Zestimate® history
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    What's special

    Historic characterNatural lightBack porchWindow seatsGas-log fireplaceVaulted ceilingsPrimary suite
    Westerwood charmer! Beautifully renovated 1923 traditional home nestled in the heart of Greensboro: walk to parks, trails, restaurants, UNCG, downtown. Historic character meets modern updates: large windows in every room flood this home with natural light, window seats for watching the world go by, crafted millwork, oak hardwoods. Cooks kitchen with island, granite counters, industrial gas range, walk-in pantry, exposed brick accents. Kitchen and dining area open to living room with gas-log fireplace and door to expansive front porch overlooking Lake Daniel Park. Yard is gardener's paradise with flowers popping up everywhere. Primary suite with vaulted ceilings and designer bath. Three more bedrooms on main level. Unfinished, professionally waterproofed basement used for storage. Back porch, deck, and firepit for outside entertaining. Adjacent cozy cottage is registered with the City for Airbnb and brings in $22,000/year on average. Main house: 2284 sq.ft. Cottage: 424 sq.ft.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kate Black 336-337-8064,

    Gate City Real Estate

    Bought with:

    NONMEMBER NONMEMBER

    nonmls

    Source: Triad MLS,MLS#: 1135230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Second
    • Dimensions: 15 x 13.33
    Bedroom 2
    • Level: Main
    • Dimensions: 14 x 12.33
    Bedroom 3
    • Level: Main
    • Dimensions: 13.33 x 9
    Bedroom 4
    • Level: Main
    • Dimensions: 11.08 x 10.42
    Dining room
    • Level: Main
    • Dimensions: 14.67 x 12
    Kitchen
    • Level: Main
    • Dimensions: 16.58 x 11.5
    Living room
    • Level: Main
    • Dimensions: 19.58 x 13
    Other
    • Level: Main
    • Dimensions: 11.5 x 10.25
    Other
    • Level: Second
    • Dimensions: 16.67 x 9.5
    Heating
    • Forced Air, Heat Pump, Multiple Systems, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Cooktop, Free-Standing Range, Gas Water Heater
    • Laundry: Dryer Connection, Main Level, Washer Hookup
    Features
    • Guest Quarters, Built-in Features, Dead Bolt(s), In-Law Floorplan, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
    • Flooring: Engineered Hardwood, Tile, Wood
    • Doors: Storm Door(s)
    • Basement: Unfinished, Cellar
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Living Room
    Interior area
    • Total structure area: 2,285
    • Total interior livable area: 2,285 sqft
    • Finished area above ground: 2,285

    Property

    Parking
    • Parking features: Driveway, Paved, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Garden
    • Pool features: None
    • Fencing: Fenced
    Lot
    • Size: 0.28 Acres
    • Dimensions: 72 x 168
    • Features: Near Public Transit, Corner Lot, Subdivided, Subdivision
    Living quarters
    • Secondary features: Second Living Quarters
    Details
    • Parcel number: 0006387
    • Zoning: RS-7
    • Special conditions: Owner Sale
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Stick/Site Built, Residential, Single Family Residence
    Materials
    • Brick, Wood Siding
    Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Westerwood
    HOA
    • Has HOA: No
    Location
    • Region: Greensboro

    Financial & listing details

    • Tax assessed value: $446,600
    • Annual tax amount: $6,087
    • Date on market: 3/7/2024
    • Cumulative days on market: 12 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    4/29/2024Sold$673,000-3.8%
    Source: Triad MLS #1135230 Report a problem
    3/20/2024Pending sale$699,900
    Source: Triad MLS #1135230 Report a problem
    3/8/2024Listed for sale$699,900+99.1%
    Source: Triad MLS #1135230 Report a problem
    3/18/2016Sold$351,500+0.5%$154/sqft
    Source: Public Record Report a problem
    10/14/2013Listing removed$349,900$153/sqft
    Source: Tyler Redhead & McAlister Real Estate #677331 Report a problem
    9/27/2013Price change$349,900-1.4%$153/sqft
    Source: Tyler Redhead & McAlister Real Estate #677331 Report a problem
    7/12/2013Price change$355,000-5.1%$155/sqft
    Source: Tyler Redhead & McAlister Real Estate #677331 Report a problem
    6/26/2013Listed for sale$374,000+75.6%$164/sqft
    Source: Tyler Redhead & McAlister Real Estate #677331 Report a problem
    12/27/2010Sold$213,000-13.1%
    Source: Triad MLS #595737 Report a problem
    11/20/2010Price change$245,000-5.8%$107/sqft
    Source: Premier Triad Ventures, LLC dba Keller Williams Realty #595737 Report a problem
    11/6/2010Price change$260,000+6.1%$114/sqft
    Source: Keller Williams - Greensboro #595737 Report a problem
    10/30/2010Price change$245,000-5.8%$107/sqft
    Source: Premier Triad Ventures, LLC dba Keller Williams Realty #595737 Report a problem
    9/11/2010Price change$260,000-8.8%$114/sqft
    Source: Premier Triad Ventures, LLC dba Keller Williams Realty #555887 Report a problem
    3/27/2010Listed for sale$285,000-3.4%$125/sqft
    Source: Premiere Triad Ventures, LLC dba Keller Williams Realty #555887 Report a problem
    12/21/2009Listing removed$295,000$129/sqft
    Source: Andy Leung #555887 Report a problem
    9/21/2009Listed for sale$295,000-6.1%$129/sqft
    Source: Andy Leung #555887 Report a problem
    11/15/2007Sold$314,000+54.7%
    Source: Triad MLS #G449779 Report a problem
    7/22/2003Sold$203,000+19.4%$89/sqft
    Source: Public Record Report a problem
    3/25/1998Sold$170,000$74/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,266 $446,600
    2024$6,266 $446,600
    2023$6,266 +2.9%$446,600
    2022$6,087 +21.6%$446,600 +24.3%
    2021$5,006 +2.2%$359,400
    2018$4,899 +70.5%$359,400
    2017$2,873 $359,400 +24%
    2016$2,873 $289,800 +38.9%
    2015$2,873 -1.8%$208,600
    2014$2,926 $208,600
    2013-- $208,600
    2012-- $208,600 -17.2%
    2011-- $252,000
    2010-- $252,000
    Find assessor info on the county website

    Neighborhood: 27401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lindley
    • Middle: Kiser
    • High: Grimsley

    Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $695,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $695,100