488 Colvard Farms Rd Durham, NC 27713
Estimated payment $16,163/month
Total Views
19,863
4
Beds
4.5
Baths
5,464
Sq Ft
$517
Price per Sq Ft
Highlights
- Private Waterfront
- Home Theater
- Gated Community
- Barn
- Finished Room Over Garage
- Open Floorplan
About This Home
Beautiful Colvard Farm's Home that Compliments its Gated 3 acre Homesite. 488 Colvard Farms Road is a very private 3-acre wooded estate that combines its transitional architecture with modern comforts. This comfortable haven is part of the gated community of Colvard Farms Estates, offering both privacy and exclusivity. This home boasts nearly 5500 square feet of living space with an additional unfinished 1390 square feet that can yield a 2nd Floor Owners Suite and a large temperature-controlled basement workshop or storage area. The home features 4 spacious bedrooms (including a first floor owners suite), 4 full baths, and 1 half bath. Recent upgrades include restored black walnut hardwoods, a new roof with warranty, two new high-efficiency TRANE heating/cooling units, along with a finished basement. The expansive lower level is flooded with natural light and has new high-end LVP flooring along with a home theater room. Additionally, a new full bath and bedroom makes it perfect for an in-law suite or guest accommodations. The home overlooks a beautiful pond providing serene views from all three levels. Although it feels like a secluded home, it's conveniently located just 2 miles from Southpoint Mall, I-40 and only 15 minutes from RDU Airport. The Colvard Farms community offers a variety of amenities, including over 2 miles of picturesque walking trails, a pool, a clubhouse with playground and newly updated tennis and pickleball courts. This property is a perfect blend of seclusion and convenience, offering a peaceful retreat with easy access to urban amenities. Come check out 488 Colvard Farms Rd today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,961
Year Built
- Built in 2006
Lot Details
- 3 Acre Lot
- Private Waterfront
- Landscaped
- Secluded Lot
- Cleared Lot
HOA Fees
- $257 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- 4 Open Parking Spaces
Home Design
- Transitional Architecture
- Farmhouse Style Home
- Concrete Foundation
- Shingle Roof
- Architectural Shingle Roof
- Asphalt Roof
- Cement Siding
- Shake Siding
- Concrete Perimeter Foundation
- Asphalt
Interior Spaces
- 3-Story Property
- Open Floorplan
- Wet Bar
- Sound System
- Built-In Features
- Bookcases
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Theater
- Recreation Room
- Water Views
- Unfinished Attic
Kitchen
- Eat-In Kitchen
- Double Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
Finished Basement
- Interior and Exterior Basement Entry
- Natural lighting in basement
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Roof
- Energy-Efficient Thermostat
Outdoor Features
- Pond
Schools
- Lyons Farm Elementary School
- Lowes Grove Middle School
- Jordan High School
Farming
- Barn
- Pasture
Utilities
- Multiple cooling system units
- Central Air
- Heating System Uses Propane
- Propane
- Well
- Water Softener
- Septic Tank
- Septic System
Listing and Financial Details
- Assessor Parcel Number 071720697319
Community Details
Overview
- Association fees include ground maintenance, road maintenance, security, sewer
- Cas Mgt Association, Phone Number (910) 295-3791
- Colvard Farms Subdivision
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,961 | $1,144,923 | $387,648 | $757,275 |
| 2023 | $10,569 | $1,144,923 | $387,648 | $757,275 |
| 2022 | $10,303 | $1,144,923 | $387,648 | $757,275 |
| 2021 | $10,042 | $1,144,923 | $387,648 | $757,275 |
| 2020 | $9,813 | $1,144,923 | $387,648 | $757,275 |
| 2019 | $9,783 | $1,154,895 | $397,620 | $757,275 |
| 2018 | $9,604 | $1,040,487 | $374,034 | $666,453 |
| 2017 | $9,292 | $1,040,487 | $374,034 | $666,453 |
| 2016 | $9,005 | $1,040,487 | $374,034 | $666,453 |
| 2015 | $6,800 | $721,603 | $222,921 | $498,682 |
| 2014 | $6,681 | $721,603 | $222,921 | $498,682 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Price Changed | $2,825,000 | -17.5% | $517 / Sq Ft |
| 10/19/2024 10/19/24 | For Sale | $3,425,000 | -- | $627 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,000,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $325,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,700,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $175,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Doorify MLS
MLS Number: 10059218
APN: 143321
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