NOT LISTED FOR SALE

4805 Tradition Way Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $447,084 - $510,000

4 Beds
2.5 Baths
3,600 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $382,000 $106 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,886/month

112 Days on Market

About This Home

As of December 2022

Welcome to this gorgeous neighborhood! Terrific 4 bedroom and 2.5 bath home with a 2 car garage now on the market in Colfax. Flow into the living room featuring a cozy fireplace, perfect for entertaining. You’ll enjoy preparing meals in the gorgeous kitchen with sleek granite counters, tiled backsplash, stainless appliances, and beautiful spacious cabinetry. Discover a bright interior with neutral laminate floors and plush carpet in all the right places. The main bedroom boasts vaulted ceilings, a private ensuite with dual sinks and walk-in closet. Other bedrooms offer plush carpet, ceiling fans, and sizable closets. Entertain on the covered back patio, perfect for barbecues. Don't wait! Make this beautiful home yours today.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 08/04/2022

Co-Listed By

Cooper Parsons

Opendoor Brokerage LLC License #320394

Last Buyer's Agent

Stephanie Snyder Justice

RE/MAX Realty Consultants License #239192

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 2005

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned CU-RS-9

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,411 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

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

  • Assessor Parcel Number 0215106
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,391

Year Built

Built in 2005

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: WOPENDRB01
  • Co List Office Phone: 704-387-6114
  • Subdivision Name: Legacy At Sandy Ridge
  • Directions: Head east on I-40 E Take exit 208 Turn right onto Sandy Ridge Rd Turn right to stay on Sandy Ridge Rd Turn right onto Legacy Dr Turn left at the 1st cross street onto Majestic Terrace Turn left onto Tradition Way
  • Above Grade Finished Sq Ft: 3411
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3411
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0215106
  • Zoning: CU-RS-9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3391
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.1387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Dec 19, 2022
Sold by
Opendoor Property C Llc
Bought by
Lindsay Mark F and Lindsay Shannon B
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Stephanie Snyder Justice
RE/MAX Realty Consultants
List Price
$437,000
Sold Price
$382,000
Premium/Discount to List
-$55,000
-12.59%
Views
26
Current Estimated Value
$475,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,521
Avg. Annual Appreciation
7.39%
Original Mortgage
$305,600
Outstanding Balance
$296,430
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$179,091

Purchase Details

Closed on
Sep 16, 2022
Sold by
Opendoor Property Trust
Bought by
Opendoor Property C Llc

Purchase Details

Closed on
Jul 19, 2022
Sold by
Doran and Michelle
Bought by
Opendoor Property Trust

Purchase Details

Closed on
May 25, 2005
Sold by
Mccar Homes Greensboro Llc
Bought by
Doran Michael and Doran Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,250
Interest Rate
5.59%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lindsay Mark F $382,000 --
Opendoor Property C Llc -- --
Opendoor Property Trust $458,500 Midtown Property Law
Doran Michael $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsay Mark F $305,600
Previous Owner Doran Michael $36,250
Previous Owner Doran Michael $193,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $382,000 -5.4% $127 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $404,000 -3.3% $135 / Sq Ft
11/03/2022 11/03/22 Price Changed $418,000 -0.5% $139 / Sq Ft
10/20/2022 10/20/22 Price Changed $420,000 -3.9% $140 / Sq Ft
08/04/2022 08/04/22 For Sale $437,000 -- $146 / 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
2025 $4,104 $297,800 $54,000 $243,800
2024 $4,104 $285,400 $54,000 $231,400
2023 $4,104 $285,400 $54,000 $231,400
2022 $4,014 $297,800 $54,000 $243,800
2021 $3,391 $246,100 $45,000 $201,100
2020 $3,391 $246,100 $45,000 $201,100
2019 $3,391 $246,100 $0 $0
2018 $3,374 $246,100 $0 $0
2017 $3,374 $246,100 $0 $0
2016 $3,243 $231,200 $0 $0
2015 $3,260 $231,200 $0 $0
2014 $3,315 $231,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1079724

Triad MLS

APN: 0215106