NOT LISTED FOR SALE

8515 Point Oak Dr Colfax, NC 27235

Estimated Value: $549,000 - $665,000

0.92 Acre
$641,095 Price per Acre
40,075 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $51,000

Est. 1,056% increase in value since last sale

Current estimated payment $3,444/month

49 Days on Market

About This Lot

As of June 2021

Tired of missing out on multiple-offer existing home scenarios? Ready to bring your builder and create the home you've always wanted? Here's your chance! This fantastic, nearly 1 acre lot in beautiful Avahlee Meadows community is a blank canvas ready for your masterpiece. Build-ready, 2021 improvement permit in place w/ offsite septic area, and approved for a 4 bedroom home! Great schools, phenomenal location at the nexus of Oak Ridge and Colfax, and super low HOA dues make this the gem of a lot you've been waiting for. (Agent is part of ownership group)

Last Agent to Sell the Property

Ryan Carney

336 Realty License #250604 Listed on: 03/26/2021

Last Buyer's Agent

Daniel Gibson

Keller Williams Realty License #294485

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $477

Lot Details

  • 0.92 Acre Lot
  • Cleared Lot
  • Property is zoned RS-40

HOA Fees

  • $10 Monthly HOA Fees

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Private Water Source
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Avahlee Meadows Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0170288
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$477

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.92
  • Road Frontage Type: Easement, 2-Lane
  • Road Surface Type: Paved
  • Subdivision Name: Avahlee Meadows
  • Directions: From 68 N, (L) onto Stafford Mill Rd, (L) onto N Bunker Hill Rd, (R) onto Point Oak Dr, Lot on the left or From W. Market St, Turn onto N Bunker Hill, (L) onto Point Oak Dr, Lot on the left
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Subdivided
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Electric: Duke Power
  • Water Source: Private, Well
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0170288
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 55434.7826
  • TRIADMLS_PlatPage: 149
  • TRIADMLS_DeedPage: 1701
  • TRIADMLS_DeedBook: 8403
  • TRIADMLS_PlatBook: 168
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 477
  • Tax Lot: 13
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Oakwood Residential Builders Llc
Bought by
Myrick Steven Brett
Current Estimated Value
$589,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$422,767
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$167,040

Purchase Details

Closed on
Sep 12, 2022
Sold by
Brett Myrick Steven
Bought by
Oakwood Residential Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 9, 2021
Sold by
Carney Ryan and Carney Jessica
Bought by
Myrick Steven Brett
Seller's Agent
Ryan Carney
336 Realty
Buyer's Agent
Daniel Gibson
Keller Williams Realty
List Price
$60,000
Sold Price
$51,000
Premium/Discount to List
-$9,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.47%

Purchase Details

Listed on
Aug 2, 2020
Closed on
Feb 5, 2021
Sold by
Schoppe Donald C and Schoppe Janet R
Bought by
Jaajk Llc
Seller's Agent
Carol Milligan
Howard Hanna Allen Tate High Point
Buyer's Agent
Ryan Carney
336 Realty
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1605.85%

Purchase Details

Listed on
Jan 22, 2013
Closed on
Feb 14, 2013
Sold by
American National Bank & Trust Co
Bought by
Schoppe Donald C and Schoppe Janet R
Seller's Agent
Phillip Stone
A New Dawn Realty, Inc
Buyer's Agent
Jill Shropshire
Jill Shropshire Realty
List Price
$25,500
Sold Price
$22,000
Premium/Discount to List
-$3,500
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Clement and Wheatley
Bought by
American National Bank & Trust Company

Purchase Details

Closed on
Sep 19, 2007
Bought by
Top Hat Inc
Source: Public Records

Range of Values:

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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
Myrick Steven Brett $550,000 None Listed On Document
Myrick Steven Brett $550,000 None Listed On Document
Oakwood Residential Builders Llc -- --
Myrick Steven Brett $51,000 None Available
Jaajk Llc $20,000 None Available
Schoppe Donald C $22,000 None Available
American National Bank & Trust Company $36,500 None Available
Top Hat Inc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrick Steven Brett $430,000
Closed Myrick Steven Brett $430,000
Previous Owner Oakwood Residential Builders Llc $386,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $51,000 -15.0% --
05/15/2021 05/15/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $60,000 +200.0% --
02/10/2021 02/10/21 Sold $20,000 -9.1% --
02/18/2013 02/18/13 Sold $22,000 -13.7% --
02/06/2013 02/06/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $25,500 -- --
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 $3,687 $425,600 $85,000 $340,600
2024 $3,687 $85,000 $85,000 --
2023 $736 $85,000 $85,000 $0
2022 $722 $85,000 $85,000 $0
2021 $477 $55,000 $55,000 $0
2020 $477 $55,000 $55,000 $0
2019 $477 $55,000 $0 $0
2018 $474 $55,000 $0 $0
2017 $474 $55,000 $0 $0
2016 $445 $50,000 $0 $0
2015 $448 $50,000 $0 $0
2014 $453 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1017912

Triad MLS

APN: 0170288