NOT LISTED FOR SALE

Estimated Value: $488,000

0.57 Acre
$856,140 Price per Acre
24,829 Sq Ft Lot

Last Sold November 08, 2022

Last sale price $439,000

Est. 11% increase in value since last sale

Current estimated payment $3,643/month

11 Days on Market

Highlights

  • 0.57 Acre Lot
  • Level Lot
  • 5-minute walk to Audubon Lake Dog Park
  • Wooded Lot

About This Lot

As of November 2022

Come build your dream home on .58 acres in highly acclaimed Colvard Farms. Choose from your choice of custom builders(Loyd Builders, St. Clair construction Group or Hearthstone Luxury Homes). First class amenities include: a junior Olympic-sized pool and a clubhouse featuring a fitness center, full kitchen, and conference rooms. A shady playground is nestled into the woods nearby and two tennis courts and walking trails. Conveniently located just a short drive to Southpoint Mall, UNC, DUKE, Tobacco Trail, Old Chatham Golf Club, RDU, RTP and future Apple Campus.

Last Agent to Sell the Property

Hannah Chan

Cary-Raleigh Realty, Inc. License #250556 Listed on: 10/14/2022

Last Buyer's Agent

Mark Simpson

Nest Realty of the Triangle License #292889

Nest Realty of the Triangle

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Colvard Farms Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Colvard Farms
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Sewer Community Sewer: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • General Property Information Lot Size Acres: 0.57
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.57
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Oct 28, 2022
Sold by
Wen Jiaxi
Bought by
Gupta Rakesh and Gupta Vinta
Seller's Agent
Hannah Chan
Cary-Raleigh Realty, Inc.
Buyer's Agent
Mark Simpson
Nest Realty of the Triangle
List Price
$459,000
Sold Price
$439,000
Premium/Discount to List
-$20,000
-4.36%
Current Estimated Value
$488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,000
Avg. Annual Appreciation
3.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gupta Rakesh $439,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $439,000 -- --
11/08/2022 11/08/22 Sold $439,000 -4.4% --
10/25/2022 10/25/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $459,000 -- --
Source: Doorify 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
2025 $13,097 $1,997,174 $431,750 $1,565,424
2024 $9,556 $1,011,814 $298,300 $713,514
2023 $2,679 $298,680 $298,680 $0
2022 $2,620 $298,680 $298,680 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2479274

Doorify MLS

APN: 230607