NOT LISTED FOR SALE

504 Colorado Trail Lincolnton, NC 28092

Estimated Value: $333,000 - $376,715

3 Beds
2 Baths
1,500 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 30, 2022

Last sale price $340,000 $227 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,167/month

62 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Laundry Room
  • Wooded Lot
  • Attached Garage
  • Ceiling Fan

About This Home

As of July 2022

Back on the market, no fault of seller. Welcome home to this 3 Bedroom/2 Full Bath Ranch in a quiet community. Fully renovated from floor to roof. New Flooring, walls, kitchen, bathrooms, and roof. Plenty of parking in the driveway and with the 2 car attached garage. Large new deck overlooking a slightly sloped nature filled backyard ready for a swing. With only one entrance, this neighborhood has very little traffic. Come see it for yourself.

Last Agent to Sell the Property

Jimmy Poole

Oak and Willow Realty LLC License #305316 Listed on: 05/01/2022

Last Buyer's Agent

Bethany McSwain

EXP Realty LLC Ballantyne License #324627

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 125x311x155x217
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Deck

Schools

  • Costner Elementary School
  • W.C. Friday Middle School
  • North Gaston High School

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Community Details

  • Gallagher Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157632

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1979
  • Ratio Current Price By Acre: 459459.46
  • Restrictions: Other - See Media/Remarks
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 226.67
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1500
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 80
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 80
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Front
  • Appliances: Ceiling Fan(s), Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1500
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Lincolnton
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 480
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: W.C. Friday
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped, Wooded, Wooded
  • Lot Size Area: 0.74
  • Lot Size Units: Acres
  • Parcel Number: 157632
  • Lot Size: 125X311X155X217
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.51602

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Costner
  • High School: North Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
Jul 28, 2022
Sold by
Blue Collar Properties Llc
Bought by
Torres April
Seller's Agent
Jimmy Poole
Oak and Willow Realty LLC
Buyer's Agent
Bethany McSwain
EXP Realty LLC Ballantyne
List Price
$330,000
Sold Price
$340,000
Premium/Discount to List
$10,000
3.03%
Current Estimated Value
$361,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,456
Avg. Annual Appreciation
1.47%
Original Mortgage
$203,500
Outstanding Balance
$196,210
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$159,208

Purchase Details

Closed on
Feb 15, 2022
Sold by
Gibby Wesley L and Gibby Michelle Lauren
Bought by
Blue Collar Properties Llc

Purchase Details

Closed on
Apr 21, 2011
Sold by
Stroup Vicky E
Bought by
Gibby Wesley L and Gibby Lauren Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,445
Interest Rate
4.85%
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 Buyer Sale Price Title Company
Torres April $340,000 Taylor Law Pllc
Blue Collar Properties Llc $187,500 Costner Law Office Pllc
Gibby Wesley L $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres April $203,500
Previous Owner Gibby Wesley L $118,445
Previous Owner Stroup Vicky L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2022 07/30/22 Sold $340,000 +3.1% $227 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $329,900 0.0% $220 / Sq Ft
06/29/2022 06/29/22 For Sale $330,000 0.0% $220 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $330,000 -- $220 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,241 $313,930 $18,000 $295,930
2023 $2,182 $313,930 $18,000 $295,930
2022 $1,206 $131,120 $16,000 $115,120
2021 $1,225 $131,120 $16,000 $115,120
2019 $1,238 $131,120 $16,000 $115,120
2018 $1,165 $119,753 $18,000 $101,753
2017 $1,202 $119,753 $18,000 $101,753
2016 $1,202 $123,558 $0 $0
2014 $1,317 $135,378 $22,500 $112,878
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855674

Canopy MLS (Canopy Realtor® Association)

APN: 157632