Live in Ole Asheboro

Ole Asheboro grew along Asheboro Street, the thoroughfare south out of town that the City renamed for Dr. Martin Luther King Jr. in 1989. In 1872 the New North State called it "fast becoming one of the most beautiful streets of the city", though an 1879 map still showed fewer than twenty dwellings, all on that street and several of them estates. The city limits took the area in during 1891, the electric trolley ran down Asheboro Street from 1902, and most of what stands from before the Second World War went up in the 1920s, when the Arlington Park plat filled the blocks to the southwest with bungalows.

The 1991 National Register nomination is plain about who lived here. It calls the neighborhood solidly middle-class and solidly white through the 1930s, with Warnersville to the west and the Black neighborhoods of east Greensboro to the east, and says it became almost exclusively Black only after the war. WFDD's 2019 reporting adds the mechanism: Black families arrived after the City cleared what it called slums nearby, in an area redlining had already marked as a hazard. Greensboro invoked state law to declare Ole Asheboro blighted. Residents formed the Ole Asheboro Street Neighborhood Association in 1979, and the City adopted a redevelopment plan in 1983 and updated it in 2004. Its own summary lists housing, new building, historic reuse and infrastructure. The David Caldwell School of about 1922 on the drive is now the Nettie Mae Coad Apartments, named for an eight-term president of the association who in 1990 led the fight against widening Martin Luther King Jr. Drive.

Four lines cross here, and only one of them is this guide's. The guide is the area the City's own neighborhood map draws, a layer published for its traffic-calming program and marked unverified, with 1,529 residents in 676 housing units on 230 acres at the 2020 census. All 1,529 are inside the active redevelopment area, a funding and planning designation rather than a tax district. 455 are inside the South Greensboro National Register district, 116 acres listed in 1991 that also takes in Arlington Park and Southside, and 49 are in the South Benbow Road district listed in 2024. A Register listing restricts nothing an owner does with private money, and none of the City's three local historic districts, the kind that requires a certificate of appropriateness, touches the guide.

What a house is worth here is the open question. No public source publishes a sale median for the area. WFDD counted nearly 700 residential properties in 2019, at an average tax value just under $47,000 against $160,215 for the city, with 132 vacant residential lots and fewer than 42 percent of residents owning. The Census Bureau's 2020 to 2024 survey of tract 112.02, which holds 1,111 of the guide's residents, counts 567 owners among 1,324 occupied homes and a median owner's estimate of $158,400, give or take $41,351. Zillow's index for ZIP code 27406, a far larger area, was $227,489 in August 2026, against $263,264 for the city.

The tax bill is figured on old values. Every owner pays Guilford County and the City, 158.80 cents per $100 for 2026-27, and both rates are charged on the 2022 revaluation's values because Senate Bill 889 moved the County's 2026 reappraisal onto the 2027 bills. A buyer's first bill follows the seller's old assessment, and the 2027 bill will follow the new one at rates nobody has yet set. Route 4 stops 0.28 km from the reference point every 30 minutes at weekday middays.