NOT LISTED FOR SALE

3118 Colony Dr Jamestown, NC 27282

Estimated Value: $306,000 - $332,000

3 Beds
2.5 Baths
2,400 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $130,000 $54 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,029/month

17 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Outdoor Storage
  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

HIGHEST AND BEST HAS BEEN CHOSEN. Great opportunity for this home priced almost $38,000 below tax value. Price reflects need for repairs. Good home in good neighborhood. Loft overlooks living room. Master bedroom on main level. Large sun room which is not air conditioned. Fenced yard. Great opportunity for investor or someone looking for some 'sweat equity'. Property is sold 'as is'.

Last Agent to Sell the Property

Steve Johnston

REALTY EXECUTIVES/TRIAD License #156690 Listed on: 08/23/2018

REALTY EXECUTIVES/TRIAD

Last Buyer's Agent

Glenn Evans

TRIAD HOMES REALTY, INC. License #218686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Property is zoned RS-12

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 1,900-2,400 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Colony Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202144
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 14810 sqft
  • Subdivision Name: Colony Park
  • Directions: Business 85 south. Right on River Rd. Left onto Harvey Rd. Right onto Bales Chapel Road. Left onto Warwick Road. Right Onto Colony Drive.
  • Above Grade Finished Sq Ft: 2220
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2220
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0202144
  • Zoning: RS-12
  • TRIADMLS_PricePerAcre: 364411.7647
  • TRIADMLS_DeedPage: 2502
  • TRIADMLS_DeedBook: 7586
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2227
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
Citimortgage Inc
Bought by
Lee Fan and Lee Yao
Current Estimated Value
$319,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.63%

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 13, 2018
Sold by
Citimortgag Inc
Bought by
Fan Lee and Yao Lee
Seller's Agent
Steve Johnston
REALTY EXECUTIVES/TRIAD
Buyer's Agent
Glenn Evans
TRIAD HOMES REALTY, INC.
List Price
$123,900
Sold Price
$130,000
Premium/Discount to List
$6,100
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Secretary Of Hud
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 28, 2012
Sold by
Citimortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 21, 2012
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 31, 2000
Sold by
Christopher Perez Lee and Christopher Tracey P
Bought by
Stokes Wrenchel W and Stokes Lamonica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,833
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1998
Sold by
Graham Charles R and Ann Ruth
Bought by
Perez Lee Christopher and Perez Tracey Parks Rich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,438
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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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
Lee Fan -- --
Fan Lee $130,000 None Available
Citimortgage Inc -- None Available
Secretary Of Hud -- None Available
Citimortgage Inc $132,000 --
Stokes Wrenchel W $129,000 --
Perez Lee Christopher $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Fan $88,546
Closed Lee Fan $97,500
Closed Lee Fan --
Closed Fan Lee $97,500
Previous Owner Stokes Wrenchel W $136,365
Previous Owner Stokes Wrenchel W $25,000
Previous Owner Stokes Wrenchel W $25,000
Previous Owner Stokes Wrenchel W $133,624
Previous Owner Stokes Wrenchel W $128,833
Previous Owner Perez Lee Christopher $113,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $130,000 +4.9% $68 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $123,900 -- $65 / 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 $3,466 $251,500 $32,000 $219,500
2022 $3,390 $251,500 $32,000 $219,500
2021 $2,227 $161,600 $25,000 $136,600
2020 $2,227 $161,600 $25,000 $136,600
2019 $2,227 $161,600 $0 $0
2018 $2,216 $161,600 $0 $0
2017 $2,227 $161,600 $0 $0
2016 $2,100 $149,700 $0 $0
2015 $2,111 $149,700 $0 $0
2014 $2,147 $149,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 901003

Triad MLS

APN: 0202144