NOT LISTED FOR SALE

5654 Edgartown St Unit Lot 62 Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $532,000 - $564,000

4 Beds
3 Baths
4,100 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $394,450 $96 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,456/month

102 Days on Market

Highlights

  • New Construction
  • Outdoor Pool
  • Traditional Architecture
  • Colfax Elementary School Rated A-
  • Partially Wooded Lot
  • Attic

About This Home

As of February 2021

¼ corner lot, 3800+ sq. ft. It’s hard to find new construction at this price per sq. ft.. 5 BR’s, 3.5 BA’s. MBR has sitting area, BIG walk in closet, and tiled floors in MBA. Ready in January. Pictures are similar to that being built. COMMUNITY POOL/CLUBHOUSE/FITNESS ROOM. Builder pays up to $3500 in closing costs when using a preferred lender/atty.

Last Agent to Sell the Property

Scott Wallace

KEYSTONE REALTY GROUP License #168421 Listed on: 09/15/2020

Last Buyer's Agent

Binaya Aryal

Dream Home Realty License #323266

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,198

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS-9

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,848 Sq Ft Home
  • 3,400-4,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Porch

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 0231394
  • 1% Total Tax Rate

Community Details

Overview

  • Northborough Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,198

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 0
  • Subdivision Name: Northborough
  • Directions: From I-40 Take exit 208 Left onto Sandy Ridge Rd, Turn right onto Endicott Rd, Turn left onto Lakedale Rd, Turn right onto Adkins Rd, Turn right onto Boylston Rd, Northborough will be on the left.
  • Above Grade Finished Sq Ft: 3848
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3848
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Lot Features: Cleared, Partially Wooded
  • Pool Features: Community
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2020-12-25T05:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0231394
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 1715000
  • TRIADMLS_DeedPage: 00000
  • TRIADMLS_DeedBook: 00000
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Lot: 62
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Feb 1, 2021
Sold by
Keystone Group Inc
Bought by
Kandel Sagar P
Seller's Agent
Scott Wallace
KEYSTONE REALTY GROUP
Buyer's Agent
Binaya Aryal
Dream Home Realty
List Price
$389,990
Sold Price
$394,450
Premium/Discount to List
$4,460
1.14%
Current Estimated Value
$543,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,986
Avg. Annual Appreciation
7.26%
Original Mortgage
$315,560
Outstanding Balance
$285,302
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$257,004
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
Kandel Sagar P $394,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kandel Sagar P $170,000
Open Kandel Sagar P $315,560
Closed Kandel Sagar P $315,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $394,450 +1.1% $116 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $389,990 -- $115 / 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
2023 $6,198 $449,800 $85,000 $364,800
2022 $6,063 $449,800 $85,000 $364,800
2021 $4,337 $314,700 $50,000 $264,700
2020 $0 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 994406

Triad MLS

APN: 0231394