209 Gillespie St., Greensboro, NC

Listing description

What the seller provided

Vacant — city-owned property in Greensboro, NC (Eastside Park), offered for sale to the public by the City Owned Property. 5,909 sq ft lot (0.14 acres). Zoned RM-18. Flood zone: No. Water/sewer hook-up: Yes. Program restrictions: Buyer Income & Homeowner Requirements (80% AMI); Eastside Park Redevelopment Plan. Staff comments: An urban garden currently operates on site. Desired development on this site would be residential and low-density in nature, per the Redevelopment Plan. The Eastside Park Acquired by the city 2003-01-16 for $58,000 (acquisition cost, not an asking price). Per the upset bid process, the price of the land will be determined based upon fair market value according to an official appraisers estimate. See the official "Lots of Opportunity" portal and the property flyer to apply to purchase.

How this sale works

Land bank or city-owned property sale

A public land bank or city agency is disposing of property it already holds, usually acquired through tax foreclosure. Prices are set or negotiated rather than auctioned.

• Many programs sell by application or fixed price and may require a rehab plan, owner-occupancy or a deadline to build.
• Title is generally cleared by the land bank, which is a major advantage over a tax sale.
• Expect program eligibility rules, and sometimes a preference for neighbors, nonprofits or first-time buyers.

How to buy government surplus land and lots →

General information, not legal advice. The official sale notice controls.

Research this property

Look it up before you bid

The public notice gives an address and a date. These outside tools fill in what it does not.

Record details

Lot size

5,908.99 sq ft

Acres

0.14 acres

Zoning

RM-18

Neighborhood

Eastside Park

Tax ID

0013209

Legal description

6 B1 PB 3-9 EASTSIDE PK

Contact

Hart Crane

Contact email

hart.crane@greensboro-nc.gov

Contact phone

336-373-2748

ZIP

27401

Official listing

data.greensboro-nc.gov/datasets/available-properties ↗

Official document

gis.greensboro-nc.gov/gisimages/AvailProperties/209GillespieStreet.pdf ↗

Street address

209 Gillespie St.

Deed book / page

005725 / 02742

Acquisition cost (not a price)

$58,000

Acquisition date

Jan 15, 2003

Additional restrictions

Buyer Income & Homeowner Requirements (80% AMI); Eastside Park Redevelopment Plan

Architectural guidelines

No

City assistance

N/A

Condemned

No

Current use

Vacant

Flood zone

No

Mowable sq ft

6,250 sq ft

Neighborhood association

Eastside Park

Opportunity zone

Yes

Owner agency

City Owned Property

Restrictions

Yes

Sale process

Per the upset bid process, the price of the land will be determined based upon fair market value according to an official appraisers estimate.

Staff comments

An urban garden currently operates on site. Desired development on this site would be residential and low-density in nature, per the Redevelopment Plan. The Eastside Park

Water sewer hookup

Yes

Zoning description

RM-18, Residential – Multi-Family