NOT LISTED FOR SALE

Estimated Value: $1,728,000 - $1,925,907

0.57 Acres
$3,205,182 Price per Acre
24,829 Sq Ft Lot

Last Sold January 20, 2022

Last sale price $285,000

Est. 541% increase in value since last sale

Current estimated payment $10,296/month

383 Days on Market

About This Lot

As of January 2022

Only a few of these new Phase 12A lots are available--don't miss out. A beautiful flat lot on which award-winning Hearthstone Luxury Homes will bring your dream home to reality. This is your chance to live in Colvard Farms, close to everything but with a peaceful rural feel! Minutes to RDU, UNC, Duke, RTP and Jordan Lake. Amenities include swimming pool, tennis courts, walking trails, clubhouse with small gym and playground. Commission on lot & house to be paid at closing of home.

Last Agent to Sell the Property

Shelley Mitchiner

Julie Wright Realty Group LLC License #128848 Listed on: 09/12/2020

Co-Listed By

Donna Magnusson

Julie Wright Realty Group LLC License #303216

Last Buyer's Agent

Mark Simpson

Nest Realty of the Triangle License #292889

Nest Realty of the Triangle

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Cleared Lot

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Colvard Farms Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

0.57 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: 919-847-7140
  • Subdivision Name: Colvard Farms
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Only a few of these new Phase 12A lots are available--don't miss out. A beautiful flat lot on which award-winning Hearthstone Luxury Homes will bring your dream to reality! A beautiful flat lot. This is your chance to live in Colvard Farms, close to everything but with a peaceful rural feel! Minutes to RDU, UNC, Duke, RTP and Jordan Lake. Amenities include swimming pool, tennis courts, walking trails, clubhouse with small gym and playground.
  • Sewer Community Sewer: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.57
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.57
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Hearhstone Luxury Homes Llc
Bought by
Beal Willis Theodore and Beal Nicole Wei
Current Estimated Value
$1,826,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2021
Sold by
Colvard Farms Development Company Llc
Bought by
Hearthstone Luxury Homes Llc

Purchase Details

Closed on
Jan 26, 2021
Sold by
Colvard Farms Development Company Llc
Bought by
Hearthstone Luxury Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beal Willis Theodore $570 Murphy Law Pllc
Hearthstone Luxury Homes Llc -- None Available
Hearthstone Luxury Homes Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beal Willis Theodore $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $285,000 -- --
01/20/2022 01/20/22 Sold $285,000 0.0% --
09/30/2021 09/30/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $285,000 -3.4% --
11/30/2020 11/30/20 Price Changed $295,000 +3.5% --
09/12/2020 09/12/20 For Sale $285,000 -- --
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,731 $1,625,828 $390,000 $1,235,828
2024 $10,140 $1,056,501 $249,600 $806,901
2023 $7,732 $854,456 $249,280 $605,176
2022 $2,186 $249,280 $249,280 $0
2021 $2,186 $249,280 $249,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2342573

Doorify MLS

APN: 227967

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