NOT LISTED FOR SALE

8503 Point Oak Dr Colfax, NC 27235

Estimated Value: $542,000 - $641,000

4 Beds
2.5 Baths
3,300 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $357,000 $108 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,428/month

174 Days on Market

Highlights

  • Great Room with Fireplace
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Colfax Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of August 2018

Custom Built R&K all brick home w/all the upgrades. ML is open w/gorgeous hardwoods. Spacious kitchen w/SS appliances granite, custom 42" cabinetry, tile backsplash open to bfst & keeping rms, 2 story Great rm w/gas fp. ML Mstr w/fireside sitting rm, bath w/custom tile, dbl vanity, jetted tub, tiled shower, WI closet. 3 beds up w/huge bonus with custom built in cabinetry & desk. Eave storage & attic, Tons of storage. Level, fenced yard. Attached storage rm (like 3'rd garage). NW Schools. Agent owner.

Last Agent to Sell the Property

Stephanie Snyder Justice

RE/MAX Realty Consultants License #239192 Listed on: 01/25/2018

RE/MAX Realty Consultants

Last Buyer's Agent

LuAnne Serpas

Berkshire Hathaway HomeServices Yost & Little Realty License #213360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 2006

Lot Details

  • 0.92 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned RS-40

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,141 Sq Ft Home
  • 2,800-3,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Convection Oven
  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

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

Community Details

  • Avahlee Meadows Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 0170212
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,256

Year Built

Built in 2006

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Avahlee Meadows
  • Directions: Pleasant Ridge Rd across Hwy 68. R Cude, L ballard, L Bunker Hill, R Point Oak into Avahlee Meadows
  • Above Grade Finished Sq Ft: 3141
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Convection Oven, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Blower Fan, Gas Log, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 3141
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage, Floored Attic, Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Sprinkler System
  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0170212
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 407608.6957
  • TRIADMLS_PlatPage: 142
  • TRIADMLS_DeedPage: 97
  • TRIADMLS_DeedBook: 7421
  • TRIADMLS_PlatBook: 163
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 3256
  • Tax Lot: 11
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Oct 17, 2018
Sold by
Williams Charles Lee and Crutcher Paige W
Bought by
Crutcher Paige W
Seller's Agent
Stephanie Snyder Justice
RE/MAX Realty Consultants
Buyer's Agent
LuAnne Serpas
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$400,000
Sold Price
$357,000
Premium/Discount to List
-$43,000
-10.75%
Current Estimated Value
$586,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,144
Avg. Annual Appreciation
7.23%
Original Mortgage
$220,000
Outstanding Balance
$191,458
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$394,686

Purchase Details

Listed on
Jan 25, 2018
Closed on
Aug 28, 2018
Sold by
Justice Christopher P and Justice Stephanie V Snyder
Bought by
Williams Charles Lee
Seller's Agent
Stephanie Snyder Justice
RE/MAX Realty Consultants
Buyer's Agent
LuAnne Serpas
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$400,000
Sold Price
$357,000
Premium/Discount to List
-$43,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$191,458
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$394,686

Purchase Details

Closed on
Dec 3, 2012
Sold by
Justice Christopher P and Justice Monique W
Bought by
Justice Christopher P

Purchase Details

Closed on
Jun 29, 2007
Sold by
R & K Investment Properties Inc
Bought by
Justice Christopher P and Justice Monique W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Crutcher Paige W -- None Available
Williams Charles Lee $357,000 None Available
Justice Christopher P -- None Available
Justice Christopher P $399,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Charles Lee $220,000
Previous Owner Justice Christopher P $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $357,000 -10.8% $128 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $400,000 0.0% $143 / Sq Ft
06/30/2016 06/30/16 For Rent $2,895 +3.6% --
06/30/2016 06/30/16 Rented $2,795 +7.5% --
04/15/2014 04/15/14 Rented $2,600 -13.3% --
03/16/2014 03/16/14 Under Contract -- -- --
01/31/2014 01/31/14 For Rent $3,000 -- --
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
2025 $3,698 $390,700 $85,000 $305,700
2024 $3,698 $390,700 $85,000 $305,700
2023 $3,698 $390,700 $85,000 $305,700
2022 $313 $390,700 $85,000 $305,700
2021 $3,256 $375,800 $55,000 $320,800
2020 $3,256 $375,800 $55,000 $320,800
2019 $3,256 $375,800 $0 $0
2018 $3,240 $375,800 $0 $0
2017 $3,256 $375,800 $0 $0
2016 $3,199 $359,100 $0 $0
2015 $3,217 $359,100 $0 $0
2014 $3,253 $359,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 871903

Triad MLS

APN: 0170212