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705 Martin Luther King Jr Dr, Greensboro, NC, 27406

5beds
3baths
2,022sqft
$344,900
$171price/sqft
$2,525/moest. monthly cost
$101,000/yrincome needed

About This Home

Welcome to this warm and inviting two-story, 5-bedroom, 2.5-bathroom home featuring tons of upgrades! Inside, you’ll find new resilient vinyl plank flooring flowing seamlessly through the home, complemented by brand-new windows that fill each room with natural light. The updated kitchen features brand-new cabinetry, granite countertops and modern finishes. The primary bathroom includes bright granite countertops as well and updated fixtures. The other bedrooms are well-sized, each with oversized closets for excellent storage, while thoughtful improvements throughout the home create a clean, cohesive feel. Major updates provide peace of mind, including a brand-new roof, HVAC system, water heater and appliances. Outside, enjoy a beautiful and comfortable brand-new deck and a fenced-in yard—ideal for kids, pets, entertaining or relaxing. Conveniently located just minutes from downtown, shopping, dining, and more, this home offers both comfort and accessibility for busy family living.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

5/10
Kiser Middle SchoolGrades 6-82.6 mi
7/10
Grimsley High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1922

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick/Site Built,Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished, Basement, Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2

Features

  • Finished area above ground: 2,022

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,270
  • Total interior livable area: 2,022 sqft

Property

Details

  • Parcel number: 2963
  • Zoning: R5
  • Special condition: Owner Sale

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.14 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters in Guilford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$178$2,136
Property Taxes $403$4,836
Electricity $200$2,405
Total$2,525$30,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,571/yr
40% on housing$75,750/yr
45% on housing$67,333/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$171This listing

vs Other Active Listings

Avg $/sqft

ZIP 27406$149
Guilford County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27406$160
Guilford County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Listed for sale$349,900
2019-02-23Listing removed$35,000
2019-01-13Listed for sale$35,000
2014-04-01Sold$14,000
2000-01-28Sold$70,000

For Sale by Agent

AgentShadi Abdallah
BrokerageSM1 Property Solutions

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