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517 Tate St APT A, Greensboro, NC, 27403

--beds
--baths
0sqft
$1,900,000
--price/sqft
$12,838/moest. monthly cost
$513,520/yrincome needed

About This Home

Conveniently located in the heart of UNCG, Chancellor's Court presents a rare opportunity to acquire an entire 9-unit condominium complex. The property consists of three buildings w/ nine individual units. Each unit is approximately 1,090 sq/ft with 2 bedrooms and 2.5 baths, providing a modern and flexible floor plan. Most units have been updated with new flooring, countertops, and fresh paint (list of improvements by unit available upon request). Amenities include private parking(2 spots/unit), washer/dryer, private patio, and spacious living areas. The prime location places residents within walking distance of UNCG, restaurants, shopping, and entertainment. Excellent investment opportunity with proven rental history. Seller prefers to sell the complex as one package. Rent roll, income and expense statements, and additional financial information are available upon request. Access to units must be made through agent with minimum of 24 hour notice. No sign on the property.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

6/10
Kiser Middle SchoolGrades 6-81.6 mi
7/10
Grimsley High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1984

Materials

  • Construction materials: Cement Siding,Masonite

Type & Style

  • Home type: Condo
  • Architectural style: Two Story
  • Property subType: Condominium,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Washer/Dryer Connection

Features

  • Storage
  • Flooring: Carpet,Laminate,Tile,Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 1,091

Property

Details

  • Parcel number: 0006141
  • Zoning: RM-26
  • Special condition: Owner Sale

Features

  • Pool features: None
  • Fencing: Privacy

Lot

  • Lot size: 0.54 Acres
  • Features: City Lot

Parking

  • Total spaces: 18
  • Parking features: Gravel,Deck

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

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Cold Wave
Hail
Hurricane
Inland Flooding
Lightning
Tornado

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 $9,607$115,284
Home Insurance *$794$9,528
Property Taxes $2,237$26,844
Electricity $200$2,405
Total$12,838$154,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$440,160/yr
40% on housing$385,140/yr
45% on housing$342,346/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27403$187
Guilford County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27403$205
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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Listed for sale$1,900,000

For Sale by Agent

AgentHelen Richardson
BrokerageTyler Redhead & McAlister Real Estate, LLC

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