$445,000
SOLD APR 21, 2025

422 Colvard Woods Way Durham, NC 27713

0.54 Acre
$824,074 Price per Acre
23,522 Sq Ft Lot

Recently Sold

4% Below List Price

119 Days on Market

About This Lot

As of April 2025

Seize One of the LAST Chances to Build Your Custom Dream Home in Coveted Colvard Farms!This is a rare opportunity to craft your ideal home in the exclusive community of Colvard Farms! Select your own builder (with HOA approval) and create something truly one-of-a-kind. Colvard Farms boasts an array of top-tier amenities, from a stunning clubhouse complete with a fitness center, full kitchen, and accessory rooms to a junior Olympic swimming pool. Enjoy the great outdoors with miles of paved trails, a playground, and two tennis courts—every amenity adding to the charm of this exceptional neighborhood.Plus, Colvard Farms offers unbeatable convenience! Effortlessly reach key Triangle destinations, including RDU Airport, UNC-Chapel Hill, Downtown Durham, and RTP. Explore HOA documents here: CAS Colvard Farms.Welcome to the lifestyle you've been dreaming of!

Last Agent to Sell the Property

Annette Holt

Compass -- Cary License #231450 Listed on: 11/06/2024

Compass -- Cary

Co-Listed By

Ana Ortiz Hernandez

Compass -- Cary License #354615

Last Buyer's Agent

Jonay Zies

Compass -- Cary License #264698

Compass -- Cary

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,328

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 131x179x183x129
  • Property fronts a private road
  • Natural State Vegetation

HOA Fees

  • $257 Monthly HOA Fees

Schools

  • Lyons Farm Elementary School
  • Githens Middle School
  • Jordan High School

Community Details

  • Cas Association, Phone Number (910) 295-3791
  • Colvard Farms Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$2,328

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 80730
  • Co List Office Phone: 919-769-1956
  • Subdivision Name: Colvard Farms
  • General Property Information Lot Size Dimensions: 131x179x183x129
  • General Property Information Association Fee Required YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Association Phone: 910-295-3791
  • Restrictions Architectural Review: Yes
  • General Property Information Lot Size Square Feet2: 23522.0
  • Vegetation Natural State: Yes
  • General Property Information Lot Size Acres: 0.54
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.54

Utilities

  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 770.0
  • Association Fee Frequency: Quarterly
  • Association Name: CAS
  • Phone: 910-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 770.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: 131x179x183x129
  • Lot Size Sq Ft: 23522.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2327.58
  • Tax Year: 2024
  • Tax Map Number: 06

MLS Schools

  • Elementary School: Durham - Lyons Farm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Mar 31, 2025
Sold by
Hernandez Boxing And Siding Llc
Bought by
Cordeiro Peter Gabriel and Cordeiro Carolyn Ray
Seller's Agent
Annette Holt
Compass -- Cary
Buyer's Agent
Jonay Zies
Compass -- Cary
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Views
12
Current Estimated Value
$449,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,184
Original Mortgage
$550
Outstanding Balance
$550
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 21, 2023
Sold by
Knockum Brandon and Knockum Danielle
Bought by
Hernandez Boxing And Siding Llc
Seller's Agent
Shanti Holloway
Relevate Real Estate Inc.
Buyer's Agent
Liliana Concha-Perez
JA REALTY & CONSULTING LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Views
254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$4,500
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 None Listed On Document
Warranty Deed $445,000 None Listed On Document
Warranty Deed $390,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550 New Conventional
Closed $550 New Conventional
Previous Owner $4,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $445,000 -4.3% --
03/05/2025 03/05/25 Pending -- -- --
11/06/2024 11/06/24 For Sale $465,000 +19.2% --
12/15/2023 12/15/23 Off Market $390,000 -- --
04/28/2023 04/28/23 Sold $390,000 -8.2% --
04/12/2023 04/12/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $425,000 -- --
Source: Doorify 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 $2,715 $292,410 $292,410 $0
2023 $2,623 $292,410 $292,410 $0
2022 $2,565 $292,410 $292,410 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10061989

Doorify MLS

APN: 230601