Guilford County North Carolina
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Guilford County Real Property Data          

Income Summary

Data last updated on: 2/3/2025     Ownership current as of: 1/31/2025     Tax Year: 2025
REID 21160

PIN # 7874-96-3498

Location Address Property Description
904 LOWDERMILK ST 15-32&39-47 BC PB 8-18 S BESSEMER PL:8-18
   
Property Owner Owner's Mailing Address
GREENSBORO GREENWOOD GARDENS LLC
20 SALISBURY ST W
WRIGHTSVILLE BEACH NC 28480
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Income Modeling
Income Model Type Apartments S2
Income Location Average
Economic Year Built 1985
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
 UNITS 30 $7,200.00 $216,000.00


Total Units 30
Total Sqft 0
Total Potential Gross Income $216,000.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $10,800.00
     Deductions Total (% of PGI) 5.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $205,200.00
 
Total Expenses $0.00
Total Expenses Override $102,600.00
NET Income $102,600.00
     Percentage of PGI 47.500%
     Percentage of EGI 50.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.088930


Total Value $1,153,716.41
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $1,153,716.00
Final Value Override $0.00

Per North Carolina General Statute 105-285-287 (d), all real property in North Carolina is subject to listing and valuation annually as it exists on January 1. Real Property assessments are based on market values as of the date of the last countywide reappraisal in 2022.

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