NOT LISTED FOR SALE

8640 Adkins Rd Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $904,579 - $1,255,000

3 Beds
3.5 Baths
3,742 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $700,000 $187 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,591/month

708 Days on Market

Highlights

  • Barn
  • 24.31 Acre Lot
  • Partially Wooded Lot
  • Colfax Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2014

On a beautiful 24 acre lot, this custom home features unique inlaid mahogany flooring, floor to ceiling windows, spacious game room with separate entrance, gourmet kitchen, mural ceilings, beautiful built-in shelves, and much more! Includes barn with 3 horse stalls, a 1-bedroom apartment and tack room. Gated entrance and totally fenced, wooded lot. You need to see this to appreciate it! Seller may consider subdividing. Subject to 3rd Party Approval. Possible Short Sale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 2005

Lot Details

  • 24.31 Acre Lot
  • Lot Dimensions are 1115 x 202 x 295 x 649 x 800 x 639 x 666
  • Fenced
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned AG

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,742 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Veranda
  • Porch

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 1158
  • Assessor Parcel Number 0171073
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,100

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24.31
  • Lot Size: 1115 x 202 x 295 x 649 x 800 x 639 x 666
  • Co List Office Mls Id: HCOL03
  • Co List Office Phone: 336-889-5300
  • Directions: Sandy Ridge Road to Left on Bame to Right on Adkins Road ( No sign but it is last Right before dead end).
  • Above Grade Finished Sq Ft: 3742
  • Architectural Style: Contemporary
  • Unit Levels: One and One Half
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3742
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Disposal, Double Oven, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Wet Bar
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3742
  • Main Level Bathrooms: 4
  • Attic Description: Eave Storage, Walk in Attic
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Veranda/Breezeway
  • Fencing: Fenced
  • Lot Features: Sloped, Partially Wooded
  • Construction Type: See Remarks
  • Other Structures: Barn(s)

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0171073
  • Zoning: AG
  • TRIADMLS_DeedPage: 2669
  • TRIADMLS_DeedBook: 7118

Tax Info

  • Tax Annual Amount: 5100
  • Tax Block: 1158
  • Tax Lot: 2
  • Tax Map Number: 957080
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.9647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
May 13, 2014
Sold by
Gordon Steven Gray
Bought by
Hurley Matthew R and Hurley Alicia H
List Price
$999,000
Sold Price
$700,000
Premium/Discount to List
-$299,000
-29.93%
Current Estimated Value
$1,114,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,526
Avg. Annual Appreciation
4.17%
Original Mortgage
$560,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
James Deborah and Gordon Deborah J
Bought by
Gordon Steven Gray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,592
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1994
Bought by
Gray Steven
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
Hurley Matthew R $700,000 None Available
Gordon Steven Gray -- None Available
Gray Steven $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Matthew R $560,000
Previous Owner Gordon Steven Gray $716,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $700,000 -29.9% $187 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
05/03/2012 05/03/12 For Sale $999,000 -- $267 / 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
2025 $8,185 $944,700 $267,000 $677,700
2024 $8,185 $784,900 $267,000 $517,900
2023 $6,800 $784,900 $267,000 $517,900
2022 $6,600 $776,900 $267,000 $509,900
2021 $5,846 $674,700 $202,600 $472,100
2020 $5,846 $674,700 $202,600 $472,100
2019 $5,846 $674,700 $0 $0
2018 $5,816 $674,700 $0 $0
2017 $5,658 $653,000 $0 $0
2016 $5,431 $609,600 $0 $0
2015 $5,350 $597,200 $0 $0
2014 $5,410 $597,200 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 641895

Triad MLS

APN: 0171073

North Carolina Guilford County Colfax 27235 Colfax

8640 Adkins Rd, Colfax, NC

This home is located at 8640 Adkins Rd, Colfax, NC 27235 since 03 May 2012 and is currently estimated at $1,114,526, approximately $297 per square foot. This property was built in 2005. 8640 Adkins Rd is a home located in Guilford County with nearby schools including Colfax Elementary School, Southwest Guilford Middle School, and Southwest Guilford High School.

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