NOT LISTED FOR SALE

32 Colonial Ridge Dr Hadley, NC 27312

Estimated Value: $1,360,000 - $1,668,000

0.93 Acre
$1,656,046 Price per Acre
40,511 Sq Ft Lot

Sale Details

Date Sold: March 29, 2024

Last sale price $103,000

Est. 1,395% increase in value since last sale

Current estimated payment $8,935 / mo

116 Days on Market

Highlights

  • 0.93 Acre Lot
  • Corner Lot
  • Brush Vegetation
  • Wooded Lot

About This Lot

As of March 2024

Discover the perfect .93-acre plot nestled within the confines of Chapel Ridge's prestigious gated Estate section. Here, you have the freedom to bring your own builder and immerse yourself in an active lifestyle brimming with opportunities for swimming, tennis, basketball, soccer and a host of other activities. CR Estates boasts an exquisite 18-hole golf course designed by the legendary Fred Couples, an inviting restaurant and bar, clubhouse events, and more. With Chatham Park and Jordan Lake just a stone's throw away, you'll become part of this idyllic, resort-like neighborhood with a wealth of amenities at your fingertips.

Last Agent to Sell the Property

Johnathan Howard

Berkshire Hathaway HomeService License #293969 Listed on: 09/08/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Gavin Mekemson

Windjam Properties License #259450

Property Details

Property Type

  • Land

Lot Details

  • 40,511 Sq Ft Lot
  • Lot Dimensions are 173 x 254 x 164 x 237
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Wooded Lot

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Northwood High School

Utilities

  • Shared Well
  • Community Sewer or Septic
  • Cable TV Available

Community Details

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

Property Details

Property Type

Land

Lot Details

0.93 Acres

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Chapel Ridge
  • General Property Information Lot Size Dimensions: 173 x 254 x 164 x 237
  • Utilities Cable Available: Yes
  • Sewer Community Sewer: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 0.93
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.93
  • Lot Features:Wooded: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Other
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 173 x 254 x 164 x 237
  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Mar 27, 2024
Sold by
Williams Irving and Williams Gloria
Bought by
Butts Aubrey Gene and Butts Lucy
Seller's Agent
Johnathan Howard
Berkshire Hathaway HomeService
Buyer's Agent
Gavin Mekemson
Windjam Properties
List Price
$103,000
Sold Price
$103,000
Views
28
Current Estimated Value
$1,540,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,123
Avg. Annual Appreciation
271.75%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Feb 22, 2023
Sold by
Tew Andrew and Tew Kaitlin
Bought by
Williams Irving and Williams Gloria
Seller's Agent
Danielle Boggess
Century 21 Southern Lifestyles
Buyer's Agent
Tamera O'Wesney
Carolina One Realty
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.46%

Purchase Details

Closed on
Jun 17, 2020
Sold by
Waterford Green Communities Of Nc Llc
Bought by
Tew Andrew and Tew Kaitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,875
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2018
Sold by
Sage Built Llc
Bought by
Waterford Green Communities Of Nc Llc

Purchase Details

Closed on
Dec 23, 2015
Sold by
Southstar At Chapel Ridge Llc
Bought by
Sage Built 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
Butts Aubrey Gene $103,000 None Listed On Document
Butts Aubrey Gene $103,000 None Listed On Document
Williams Irving $85,000 --
Tew Andrew $78,500 None Available
Waterford Green Communities Of Nc Llc $825,000 None Available
Sage Built Llc $901,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tew Andrew $58,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $103,000 0.0% --
01/02/2024 01/02/24 Pending -- -- --
12/16/2023 12/16/23 Off Market $103,000 -- --
12/14/2023 12/14/23 Off Market $85,000 -- --
09/08/2023 09/08/23 For Sale $103,000 +21.2% --
03/01/2023 03/01/23 Sold $85,000 -19.0% -- View Prior Sale
01/31/2023 01/31/23 Pending -- -- --
08/14/2022 08/14/22 For Sale $105,000 0.0% --
07/06/2022 07/06/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $105,000 +5.0% --
06/30/2022 06/30/22 For Sale $100,000 0.0% --
06/25/2022 06/25/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $100,000 -- --
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 $9,142 $1,265,457 $115,800 $1,149,657
2024 $9,142 $73,822 $73,822 $0
2023 $640 $73,822 $73,822 $0
2022 $584 $73,822 $73,822 $0
2021 $584 $73,822 $73,822 $0
2020 $537 $67,797 $67,797 $0
2019 $537 $67,797 $67,797 $0
2018 $509 $67,797 $67,797 $0
2017 $509 $67,797 $67,797 $0
2016 $855 $112,995 $112,995 $0
2015 $841 $112,995 $112,995 $0
2014 $834 $112,995 $112,995 $0
2013 -- $112,995 $112,995 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2531095

Doorify MLS

APN: 84722

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