NOT LISTED FOR SALE

148 Colony Ln Elkin, NC 28621

Estimated Value: $397,000 - $429,000

3 Beds
2.5 Baths
3,000 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $265,900 $89 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,490/month

2 Days on Market

Highlights

  • Partially Wooded Lot
  • Traditional Architecture
  • No HOA
  • Elkin Middle School Rated A
  • Engineered Wood Flooring
  • Cul-De-Sac

About This Home

As of October 2020

Tucked among the Magnolias on nice cul-de-sac street on 6 acres w/creek is this well-built home w/flowing layout. Ready for updates. Elkin schools. YV wine country. 3 BRs w/versatile study that could be used as 4th BR. 2.5 BAs. Well-appointed master BR en-suite on main level. 2 spacious BRs upstairs w/full bath. Ample closets. Gracious living room opens to dining room w/abundant windows. Cozy den w/gas log FP. Charleston garden, mature landscaping. Unfinished basement, utility room. Attached 2-car garage.

Last Agent to Sell the Property

Eris Ball

Underdown, Ball & Associates, LLC License #279229 Listed on: 08/28/2020

Co-Listed By

Robert Ball

Underdown, Ball & Associates, LLC License #184573

Last Buyer's Agent

Laurie Milligan

Underdown, Ball & Associates, LLC License #177561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1969

Lot Details

  • 6 Acre Lot
  • Cul-De-Sac
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R12

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,780 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Kitchen Island
  • Unfinished Basement

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Elkin Middle School
  • Elkin High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 496109066324
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,881

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 6
  • Lot Size: See Legal
  • Co List Office Mls Id: WUBA01
  • Co List Office Phone: 336-835-2256
  • Subdivision Name: None
  • Directions: I-77 to Elkin to Hwy 21 North to CC Camp Road/Hwy 268 Bypass Exit. Left onto Johnson Ridge Road. Right onto Colony Lane. Third home on right.
  • Above Grade Finished Sq Ft: 2780
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1969
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Engineered, Laminate
  • Interior Amenities: Kitchen Island, Pantry
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2780
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Lighting, Dog Run, Garden
  • Fencing: Fenced, Partial
  • Lot Features: Cul-De-Sac, Level, Partially Wooded, Rolling Slope, Wooded
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Elkin
  • High School: Elkin
  • Middle Or Junior School: Elkin

Lot Info

  • Parcel #: 496109066324
  • Zoning: R12
  • TRIADMLS_PricePerAcre: 44166.6667
  • TRIADMLS_DeedPage: 193
  • TRIADMLS_DeedBook: 284
  • TRIADMLS_AcresRange: 5 - 6

Tax Info

  • Tax Annual Amount: 2881
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 15, 2020
Sold by
Underdown Kiser J Est
Bought by
Platte David P and Robb Natalie L
Seller's Agent
Eris Ball
Underdown, Ball & Associates, LLC
Buyer's Agent
Laurie Milligan
Underdown, Ball & Associates, LLC
Sold Price
$265,900
Total Days on Market
2
Current Estimated Value
$417,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,997
Avg. Annual Appreciation
11.63%
Original Mortgage
$212,720
Outstanding Balance
$191,328
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$252,202

Purchase Details

Closed on
Sep 1, 1969

Purchase Details

Closed on
Jan 1, 1969
Source: Public Records

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Range of Values:

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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
Platte David P $266,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platte David P $212,720
Previous Owner Underdown Jack Aaron $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $265,900 -- $106 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,866 $267,880 $55,200 $212,680
2023 $1,810 $267,880 $55,200 $212,680
2022 $1,837 $267,880 $55,200 $212,680
2021 $1,866 $267,880 $55,200 $212,680
2020 $1,672 $227,930 $55,200 $172,730
2019 $1,669 $227,930 $55,200 $172,730
2018 $1,643 $227,930 $0 $0
2017 $1,666 $227,930 $0 $0
2016 $1,644 $227,930 $0 $0
2013 -- $246,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 991946

Triad MLS

APN: 4961-09-06-6324