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$489,900 Just Listed
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Property Description
Studio apartment above the garage with its own private entrance offers flexibility and includes a full bath and kitchenette, perfect for guests, home office or potential rental opportunity. Studio apartment is not included in the home's overall square footage. Located on a peaceful 1-acre cul-de-sac lot in the Oak Ridge/Northwest school district, this property has character and space you simply won't find in a cookie-cutter home. The main home features 4 bedrooms and 3 full baths total, including the separate studio apartment. You'll love the spacious kitchen with abundant counter space, ideal for cooking, entertaining, and gathering with family and friends. The vaulted ceiling in the living room creates an open, airy feel filled with natural light. There is a 2-car garage, new roof installed April 2026, Rinnai instant hot water heater installed February 2026. Enjoy the privacy of a large lot while still being conveniently located near shopping, dining, and major highways.
Full Property Details
Full Property Details for 7404 Phelps Ct
General
- Price: $489,900
- Taxes: $2,672
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1222637
- Updated: Today (5/29/2026)
- Added to Site: Today
Interior
- Number of Rooms: 7
- Interior Features: Guest Quarters, Ceiling Fan(s), Pantry, Vaulted Ceiling(s)
- Number of Fireplaces: 1
- Fireplace(s): Great Room
- Appliances: Microwave, Dishwasher, Free-Standing Range, Gas Water Heater
- Flooring: Carpet, Engineered Hardwood, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper - Full Baths: 1
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Main Level, Washer Hookup
Exterior
- Patio/Terrace: Yes
Parking
- Garage Description: Attached Garage
- Garage Spaces: 2
- Parking Features: Garage, Driveway, Attached
Location
- County: Guilford
- Subdivision: Willoughby Run
- Driving Directions: Pleasant Ridge Rd to left on Alcorn Rd, to right on Rambling Rd, right on Korem, left of Phelps Ct
School Information
- Elementary School: Oak Ridge
- Middle School: Northwest
- High School: Northwest
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Septic Tank
- Water: Private
Structural Information
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 1,936 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 1.01
- Road Maintenance: Public Maintained Road
- Lot Features: Cul-De-Sac, Dead End
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $485,049.505
- Tax Amount: $2,672
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
- Deed Restrictions: Yes
Listed by High Key Realty
Get Pre-Approved Today
Schools
Schools serving 7404 Phelps Ct
School District:Guilford County Schools
| Name | Grades | Distance |
|---|---|---|
Ep Pearce Elementary School 2006 Pleasant Ridge Road, Greensboro, NC 27410 | K-5 | 0.6 mi |
Northwest Guilford Middle School 5300 Northwest School Road, Greensboro, NC 27409 | 6-8 | 0.5 mi |
Northwest Guilford High School 5240 Northwest School Road, Greensboro, NC 27409 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7404 Phelps Ct
Date
Details
Price
Change
Source
5/29/2026
Listed
$489,900
83.48%
MLS
12/11/2017
Sold
$267,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7404 Phelps Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,672
—
$313,200
-35%
2024
$2,672
3%
$481,100
54%
2023
$2,594
—
$313,200
—
2022
$2,594
20%
$313,200
20%
2021
$2,167
—
$261,600
—
2020
$2,167
—
$261,600
—
2019
$2,167
—
$261,600
—
2018
$2,167
—
$261,600
—
2017
$2,167
—
$261,600
1%
2016
$2,177
—
$259,200
—
2015
$2,179
-2%
$259,200
—
2014
$2,216
—
$259,200
—
2013
$2,216
—
$259,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7404 Phelps Ct
7404 Phelps Court, Greensboro, NC 27409 (MLS# 1222637) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7404 Phelps Court is currently listed for $489,900 and was received on May 29, 2026. Want to learn more about 7404 Phelps Court? Do you have questions about finding other Single Family real estate for sale in Greensboro? You can browse all Greensboro real estate or contact a Coldwell Banker agent to request more information.

