NOT LISTED FOR SALE

1579 Majestic Terrace Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $530,719 - $585,000

4 Beds
3.5 Baths
3,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $317,900 $96 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,566/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Colfax Elementary School Rated A-
  • Porch
  • Kitchen Island

About This Home

As of March 2018

Address says it all! You will love this majestic home in a wonderful neighborhood with community pool and walking trails. Open floor plan has plenty of room for entertaining with gorgeous soaring ceiling & large windows for plenty of natural light. Enormous master suite with sitting area & bathroom with walk in closet. The basement includes a billiards room, exercise room, media room, bar, extra bedroom and bathroom! Storage is plentiful on every level of the house and a storage building in the back yard.

Last Agent to Sell the Property

Jenny Edwards

JPAR Legacy Group License #290635 Listed on: 02/21/2018

JPAR Legacy Group

Last Buyer's Agent

April McCollum

Fathom Realty Greensboro License #290233

Fathom Realty Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RS9

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,121 Sq Ft Home
  • 2,800-3,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Legacy At Sandy Ridge Subdivision

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 6894912936
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 2005

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: Legacy At Sandy Ridge
  • Directions: I40E to Sandy Ridge Road Exit. Turn Right onto Sandy Ridge. Right on Legacy. Left on Majestic Terrace. House on Right.
  • Above Grade Finished Sq Ft: 3121
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3121
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Colfax
  • High School: Southwest
  • Middle Or Junior School: Southwest

Lot Info

  • Parcel #: 6894912936
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1513809.5238
  • TRIADMLS_PlatPage: 139
  • TRIADMLS_DeedPage: 0805
  • TRIADMLS_DeedBook: 6425
  • TRIADMLS_PlatBook: 157
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3927.31
  • Tax Lot: 90
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 19, 2018
Sold by
Dolesh Melissa G and Dolesh Dennis
Bought by
Martin Emily and Martin Gentry
Seller's Agent
Jenny Edwards
JPAR Legacy Group
Buyer's Agent
April McCollum
Fathom Realty Greensboro
List Price
$317,900
Sold Price
$317,900
Current Estimated Value
$563,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,030
Avg. Annual Appreciation
8.91%
Original Mortgage
$302,005
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Mccar Homes Greensboro Llc
Bought by
Gullickson Melissa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,450
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Martin Emily $318,000 None Available
Gullickson Melissa W $288,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Gentry $297,000
Closed Martin Emily $302,005
Previous Owner Dolesh Melissa G $277,138
Previous Owner Gullickson Melissa W $57,600
Previous Owner Gullickson Melissa W $230,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $317,900 0.0% $114 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $317,900 -- $114 / 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
2023 $5,278 $383,000 $54,000 $329,000
2022 $5,163 $383,000 $54,000 $329,000
2021 $4,315 $313,100 $45,000 $268,100
2020 $4,315 $313,100 $45,000 $268,100
2019 $4,315 $313,100 $0 $0
2018 $4,293 $313,100 $0 $0
2017 $3,927 $285,000 $0 $0
2016 $3,700 $263,800 $0 $0
2015 $3,720 $263,800 $0 $0
2014 $3,783 $263,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 875398

Triad MLS

APN: 0215046