NOT LISTED FOR SALE

8742 Bame Rd Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $267,000 - $363,465

3 Beds
2 Baths
3,000 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $216,000 $72 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,857/month

12 Days on Market

About This Home

As of March 2022

Talk about country living !! Check out this charming, spacious and conveniently located home that sits on (approximately) 4 acres of land (subject to survey). This home features two living rooms, two kitchens, separate entrances and tons of flexible use space. This home is near the center of the triad, and extremely convenient to Winston-Salem, Kernersville, Greensboro and High Point. You really can't beat it. There are additional rooms that the sellers currently use as bedrooms, an office, den, dining room, sunroom, renovated bathroom, mixture of hardwood and carpet and many other features that you absolutely want to see. 2 Kitchens, 2 laundry rooms. This would be ideal for a multifamily unit or an in law suite. Get in while you can because this one will not last long.

Last Agent to Sell the Property

Garrett Holloway

eXp Realty License #328982 Listed on: 02/18/2022

eXp Realty

Last Buyer's Agent

Jill Holliday

RE/MAX of Greensboro License #299631

RE/MAX of Greensboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1950

Lot Details

  • 4 Acre Lot
  • Property is zoned AG

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6894964751
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 4
  • Lot Size: 0 x 0 x 0 x 0
  • Subdivision Name: None
  • Directions: Take Exit 66 onto Johnson St. Turn right onto Johnson St. Turn left onto Bame Rd. The destination is on the right.
  • Above Grade Finished Sq Ft: 2800
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2800
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6894964751
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 68750
  • TRIADMLS_DeedPage: 01253
  • TRIADMLS_DeedBook: 007160
  • TRIADMLS_AcresRange: 4 - 4

Tax Info

  • Tax Annual Amount: 1575.12
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 14, 2022
Sold by
Bowlin Andy M and Bowlin Stacy B
Bought by
Avelar Gerardo A
Seller's Agent
Garrett Holloway
eXp Realty
Buyer's Agent
Jill Holliday
RE/MAX of Greensboro
Sold Price
$216,000
Current Estimated Value
$319,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,116
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Bame Fred R
Bought by
Bowlin Andy M and Bowlin Stacy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,671
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2001
Bought by
Bame Fred R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.87%
Mortgage Type
Unknown
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
Avelar Gerardo A $216,000 Chandler & Schiffman Pa
Bowlin Andy M $100,000 None Available
Bame Fred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowlin Andy M $58,000
Previous Owner Bowlin Andy M $98,671
Previous Owner Bame Fred R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $216,000 -- $86 / 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 $1,871 $215,900 $129,300 $86,600
2024 $1,871 $235,700 $129,300 $106,400
2023 $1,871 $235,700 $129,300 $106,400
2022 $2,079 $244,700 $129,300 $115,400
2021 $1,575 $181,800 $80,200 $101,600
2020 $1,575 $181,800 $80,200 $101,600
2019 $1,575 $181,800 $0 $0
2018 $1,567 $181,800 $0 $0
2017 $1,567 $181,800 $0 $0
2016 $1,543 $173,200 $0 $0
2015 $1,552 $173,200 $0 $0
2014 $1,569 $173,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Garrett Holloway

    Seller's Agent in 2022

    Garrett Holloway

    eXp Realty

    (336) 569-2484

    1 in this area

    64 Total Sales

    Garrett Holloway
    Section Image
  • Jill Holliday

    Buyer's Agent in 2022

    Jill Holliday

    RE/MAX

    1 in this area

    67 Total Sales

    Jill Holliday
    Section Image
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Map

Source: Triad MLS

MLS Number: 1059377

Triad MLS

APN: 0169043

North Carolina Guilford County Colfax 27235 Colfax

8742 Bame Rd, Colfax, NC

This home is located at 8742 Bame Rd, Colfax, NC 27235 since 18 February 2022 and is currently estimated at $319,116, approximately $106 per square foot. This property was built in 1950. 8742 Bame 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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