NOT LISTED FOR SALE

Estimated Value: $414,000 - $443,000

0.51 Acre
$845,669 Price per Acre
22,216 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $412,500

Est. 61% increase in value since last sale

Current estimated payment $4,047/month

123 Days on Market

Highlights

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

About This Lot

As of May 2023

Location, Location, and Luxury! Build your custom dream home in Colvard Farms. Three quality builders to choose from: Loyd Builders, St.Clair, 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. Less than 2 miles from I-40 and Southpoint mall. A 15 minute drive to RDU Airport. Close to UNC, DUKE, RTP, New Apple Campus, Jordan Lake, and numerous golf courses. Special assessment of $600/qtr for next 4 qtrs.

Last Agent to Sell the Property

Jennifer Patterson

Keller Williams Elite Realty License #238227 Listed on: 12/16/2022

Keller Williams Elite Realty

Last Buyer's Agent

Bipin Mistry

The NC Real Estate Firm, LLC License #313017

Property Details

Property Type

  • Land

Lot Details

  • 0.51 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

Community Details

  • Colvard Farms Subdivision

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
  • Remarks and Miscellaneous Syndication Remarks2: Location & Luxury! Build your custom dream home in Colvard Farms. Three quality builders to choose from: Loyd Builders, St.Clair, or Hearthstone Luxury Homes. First class amenities include a junior Olympic-sized pool, a clubhouse featuring a fitness center, full kitchen, & conference rooms. A shady playground nestled into the woods nearby & two tennis courts & walking trails. Less than 2 miles from I-40 & Southpoint mall. Close to UNC, DUKE, RTP, New Apple Campus, Jordan Lake, & golf courses.
  • Sewer Community Sewer: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Acres: 0.51
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.51
  • Lot Features:Level: Yes

Utilities

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

Schools

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

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Golla Vishnukamal and Golla Caitlin Sherman
Bought by
Golla Living Trust and Golla
Current Estimated Value
$665,000

Purchase Details

Listed on
Dec 16, 2022
Closed on
May 11, 2023
Sold by
Guthmiller Donald Scott and Guthmiller Janet M
Bought by
Golla Vishnukamal and Sherman Caitlin
Seller's Agent
Jennifer Patterson
Keller Williams Elite Realty
Buyer's Agent
Bipin Mistry
The NC Real Estate Firm, LLC
List Price
$425,000
Sold Price
$412,500
Premium/Discount to List
-$12,500
-2.94%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$175
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Golla Living Trust -- None Listed On Document
Golla Vishnukamal $412,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golla Vishnukamal $175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $412,500 -- --
12/14/2023 12/14/23 Off Market $395,000 -- --
05/12/2023 05/12/23 Sold $412,500 -2.9% --
04/18/2023 04/18/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $425,000 +7.6% --
06/24/2022 06/24/22 Sold $395,000 0.0% -- View Prior Sale
05/01/2022 05/01/22 Pending -- -- --
02/26/2022 02/26/22 Price Changed $395,000 +5.3% --
02/25/2022 02/25/22 Price Changed $375,000 -5.1% --
01/01/2022 01/01/22 For Sale $395,000 -- --
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 $6,823 $2,296,531 $415,250 $1,881,281
2024 $2,661 $286,520 $286,520 $0
2023 $2,570 $286,520 $286,520 $0
2022 $2,513 $286,520 $286,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487452

Doorify MLS

APN: 230609