Discover this 4-bed, 2-bath property with two large sheds on a flat lot. Currently a room-for-rent setup, it generates $2,080/month on MTM leases. Ideal for investors or homeowners looking for income. A turnkey opportunity in a convenient location. Flat lot with two extra large storage units that remain. Coin Laundry on premises for additional revenue. Agent is owner. Please conduct your own due diligence. Seller makes no representations on systems or conditions. Sellers happy to pay closing cost credits or rate buy-downs as long as buyer/seller agree on NET contract price. OPEN HOUSE: Wed-March 20th from 2-5pm AND Sun-March 24th 12-3pm. 3.5% buyer agent commission. Seller would prefer to sell with 904 Merrit Dr (next door) because these two properties share a parking lot. Seller will draft a private road maintenance agreement if properties are sold separately.
Property Details
Property Features
Property Information:
Year Built: 1904
Listing Office:
Office Name: Keller Williams One
Office Phone: (336) 297-4545
Listing Agent: Jason Coleman
Interior Features
Interior Information:
Appliances: Electric Water Heater
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: City Lot
Lot Size: 0.29 Acres
Utilities
Utilities Information:
Heating: Forced Air, Electric
Cooling: Central Air
School Info
Assigned Schools Information:
The Academy At Smith, Public District Grades 9-12
Ben L. Smith High School, Public District Grades 9-12
Early College At Guilford, Public District Grades 9-12
Jackson Middle School, Public District Grades 6-8
Allen Jay Middle, A Preparatory Academy, Public District Grades 5-8
Hunter Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take Muirs Chapel Rd. Continue onto Spring Garden St. Turn right onto Merritt Dr. House will be on the right
Price Information
Listing Price Info
Price Summary:
List Price: $190,000
Tax Information:
Annual Amount: $581
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Greensboro, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,016
Per Month
Principal & Interest
$949
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$636
Powered By
Advertisement
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.
Elementary School
4
/10
Hunter Elementary School
1305 Merritt Dr
Distance between this listing and this school0.54 miles
Public District Grades PK-5
Middle School
3
/10
Jackson Middle School
2200 Ontario St
Distance between this listing and this school1.76 miles
Public District Grades 6-8
6
/10
Allen Jay Middle, A Preparatory Academy
1201 E Fairfield Rd
Distance between this listing and this school10.97 miles
Public District Grades 5-8
High School
7
/10
The Academy At Smith
2225 S Holden Rd
Distance between this listing and this school1.51 miles
Public District Grades 9-12
2
/10
Ben L. Smith High School
2407 S Holden Rd
Distance between this listing and this school1.74 miles
Public District Grades 9-12
10
/10
Early College At Guilford
5608 W Friendly Ave
Distance between this listing and this school2.71 miles
Public District Grades 9-12
Assigned Schools
4
/10
Hunter Elementary School
1305 Merritt Dr
Distance between this listing and this school0.54 miles
Public District Grades PK-5
Nearby Schools
4
/10
Edwin A Alderman Elementary School
4211 Chateau Dr
Distance between this listing and this school1.41 miles
Public District Grades PK-5
6
/10
Morehead Elementary School
4630 Tower Rd
Distance between this listing and this school1.60 miles
Public Magnet Grades PK-5
Assigned Schools
3
/10
Jackson Middle School
2200 Ontario St
Distance between this listing and this school1.76 miles
Public District Grades 6-8
6
/10
Allen Jay Middle, A Preparatory Academy
1201 E Fairfield Rd
Distance between this listing and this school10.97 miles
Public District Grades 5-8
Nearby Schools
5
/10
Kiser Middle School
716 Benjamin Pkwy
Distance between this listing and this school2.77 miles
Public District Grades 6-8
Assigned Schools
7
/10
The Academy At Smith
2225 S Holden Rd
Distance between this listing and this school1.51 miles
Public District Grades 9-12
2
/10
Ben L. Smith High School
2407 S Holden Rd
Distance between this listing and this school1.74 miles
Public District Grades 9-12
10
/10
Early College At Guilford
5608 W Friendly Ave
Distance between this listing and this school2.71 miles
The neighbors living near this home have an average income of $28,975. Most Greensboro, NC residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 910 Merritt Dr in Greensboro, NC and zip code 27407 in the Hewitt Area neighborhood. This home was built in 1904. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $190,000.
In March 2024, from all listings sold in Greensboro, NC there were more than 88 sold above asking price, over 147 sold below and more than 57 were sold right at the asked price. The number of listings in Greensboro, NC increased by 6.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 32 days, the median list price was $275,066.
From Rocket Homes Real Estate and based on county public records data.