NOT LISTED FOR SALE

5238 Colorado Rd Bailey, NC 27807

Estimated Value: $325,494 - $338,000

3 Beds
4 Baths
1,677 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $221,000 $132 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,961/month

12 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Fenced Yard

About This Home

As of August 2020

Look no more! One Owner home with Large Lot near Hwy 264 for quick commute to Raleigh or Wilson! 2 car garage, front covered porch, rear deck. 3 bedrooms, 2 baths. Eat in kitchen with new Stainless appliances. Large master suite with Vaulted Ceiling. Family Room Features Vaulted Ceiling with Surround Sound Capibility.Split Floor Plan. Expandable Attic space great for bonus room, Double Sink in Master, Shower and separate tub. County Taxes! Progress Energy Utilities!

Last Agent to Sell the Property

Debbie Reason

Our Town Properties Inc. License #303388 Listed on: 07/03/2020

Last Buyer's Agent

Brandon Narron

Narron Sells Group License #288287

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 2006

Lot Details

  • 0.92 Acre Lot
  • Fenced Yard
  • Property is zoned R-15

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,677 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Attic

  • Permanent Attic Stairs
  • Partially Finished Attic

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tc High Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2765-00-72-5334

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Perm
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower
  • Laundry Location: Room
  • List Price per Sq Ft: 137.09
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1677.00
  • Total Heated Primary Separate Sq Ft: 1677.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Partial
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site, Well Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 89.00
  • Lot Acres: 0.92
  • Lot Dimensions: .92 acres
  • Lot Sq Ft: 40075.00
  • Lot Water Features: None
  • Plat Book: 32
  • Plat Page: 121
  • Zoning: R-15

Tax Info

  • Tax Identifier: 2765-00-72-5334
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1299.34

MLS Schools

  • High School2: NRMPS Early College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 12, 2020
Sold by
Jones Derek C and Jones Jennifer M
Bought by
Tedder Bridgett N
Seller's Agent
Debbie Reason
Our Town Properties Inc.
Buyer's Agent
Brandon Narron
Narron Sells Group
List Price
$229,900
Sold Price
$221,000
Premium/Discount to List
-$8,900
-3.87%
Current Estimated Value
$333,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,124
Avg. Annual Appreciation
7.52%
Original Mortgage
$216,997
Outstanding Balance
$193,356
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$125,118

Purchase Details

Closed on
Dec 20, 2006
Sold by
Gray Contracting Inc
Bought by
Jones Derek C and Jones Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2006
Sold by
Finch Tyson Land & Timber Inc
Bought by
Gray Contracting Inc
Source: Public Records

Range of Values:

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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
Tedder Bridgett N $221,000 None Available
Jones Derek C $175,000 None Available
Gray Contracting Inc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedder Bridgett N $216,997
Previous Owner Jones Derek C $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $221,000 -3.9% $132 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $229,900 -- $137 / Sq Ft
Source: Hive 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 $1,743 $183,450 $19,320 $164,130
2023 $1,483 $183,450 $0 $0
2022 $1,483 $183,450 $19,320 $164,130
2021 $1,483 $183,450 $19,320 $164,130
2020 $1,483 $183,450 $19,320 $164,130
2019 $321 $183,450 $19,320 $164,130
2018 $1,483 $183,450 $0 $0
2017 $1,483 $183,450 $0 $0
2015 $1,355 $170,830 $0 $0
2014 $1,326 $170,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Reason

    Seller's Agent in 2020

    Debbie Reason

    Our Town Properties Inc.

    (252) 230-0282

    168 Total Sales

    Debbie Reason
    Section Image

  • B

    Buyer's Agent in 2020

    Brandon Narron

    Narron Sells Group

    Section Image
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Map

Source: Hive MLS

MLS Number: 100225312

Hive MLS

APN: 2765-00-72-5334

North Carolina Nash County Bailey 27807

5238 Colorado Rd, Bailey, NC

This home is located at 5238 Colorado Rd, Bailey, NC 27807 since 03 July 2020 and is currently estimated at $333,124, approximately $198 per square foot. This property was built in 2006. 5238 Colorado Rd is a home located in Nash County with nearby schools including Bailey Elementary School, Southern Nash Middle School, and Southern Nash High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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