NOT LISTED FOR SALE

515 Colorado Trail Lincolnton, NC 28092

Estimated Value: $335,418 - $366,000

3 Beds
2.5 Baths
2,263 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $212,000 $94 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,097/month

28 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Storage Room
  • Transitional Architecture
  • Walk-In Closet
  • Storm Doors

About This Home

As of June 2020

Enjoy your privacy in Lincolnton's very own Gallagher Trails. With stunning cherry hardwood floors, this home sits on close to a half acre lot. Come enjoy an inground pool recently renovated kitchen with granite counter tops, entertainment room with bar and room for theater setting. Come sit by the fire place in the family room and a dinning room made just for your family dinners. The pool is surrounded by privacy trees in an impeccable backyard. With ample parking come enjoy this captivating 2 story home on a quiet cul-de-sac street in Lincolnton.

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 04/09/2020

Mark Spain Real Estate

Co-Listed By

Robert Mason

O3 Realty LLC License #316959

Last Buyer's Agent

Stefanie Hill

Hill Real Estate Group License #291482

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.72

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Storage Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Outbuilding

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 157659

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98605
  • Ratio Close Price By Original Li: 0.92174
  • Ratio Current Price By Acre: 294444.44
  • Ratio Current Price By Sq Ft: 93.68
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 792
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Convection Oven, Cooktop Electric, Dishwasher, Electric Dryer Hookup, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1471
  • Total Sq Ft: 2263

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 125x225x155x223
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.720
  • Parcel Number: 157659
  • Zoning Specification: R2

Tax Info

  • Tax Value: 204260.00
  • Tax Location: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Odell Cory James
Bought by
Odell Cory James and Odell Khasone Jennie
Current Estimated Value
$350,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,298
Outstanding Balance
$323,386
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$19,711

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 17, 2020
Sold by
Burns James Allen and Burns Cathy Hollander
Bought by
Odell Corey James
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Stefanie Hill
Hill Real Estate Group
List Price
$230,000
Sold Price
$212,000
Premium/Discount to List
-$18,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$208,160
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2014
Sold by
Secretary Of Hud
Bought by
Burns James Allen and Burns Cathy Hollander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,188
Interest Rate
4.24%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2013
Sold by
Ellison Charles A and Ellison Tressa
Bought by
Secretary Of H U D

Purchase Details

Closed on
Jul 10, 2008
Sold by
Ellison Charles A
Bought by
Ellison Charles A and Ellison Tressa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,940
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Carney Shaun and Carney Sherrill
Bought by
Ellison Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Bank Of America Na
Bought by
Carney Shaun and Carney Sherril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 22, 2005
Sold by
Thomas Jerry L and Thomas Faye J
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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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
Odell Cory James -- None Listed On Document
Odell Corey James $215,000 None Available
Burns James Allen -- None Available
Secretary Of H U D $219,496 None Available
Ellison Charles A -- None Available
Ellison Charles A $145,000 None Available
Carney Shaun $120,000 None Available
Bank Of America Na $139,522 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odell Cory James $331,298
Previous Owner Odell Corey James $208,160
Previous Owner Hollander Burns Jr James Allen $126,170
Previous Owner Burns James Allen $99,188
Previous Owner Ellison Charles A $208,278
Previous Owner Ellison Charles A $198,940
Previous Owner Ellison Charles A $145,000
Previous Owner Carney Shaun $24,000
Previous Owner Carney Shaun $96,000
Previous Owner Thomas Jerry Lee $32,600
Previous Owner Thomas Jerry Lee $131,910
Previous Owner Thomas Jerry Lee $36,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $212,000 -1.4% $94 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $215,000 -6.5% $95 / Sq Ft
04/09/2020 04/09/20 For Sale $230,000 -- $102 / 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 $2,133 $298,770 $18,000 $280,770
2023 $2,076 $298,770 $18,000 $280,770
2022 $1,894 $205,910 $16,000 $189,910
2021 $1,923 $205,910 $16,000 $189,910
2019 $1,928 $204,260 $16,000 $188,260
2018 $1,424 $146,372 $18,000 $128,372
2017 $1,424 $146,372 $18,000 $128,372
2016 $1,424 $146,372 $0 $0
2014 $1,611 $165,548 $22,500 $143,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610746

Canopy MLS (Canopy Realtor® Association)

APN: 157659