NOT LISTED FOR SALE

8807 Cedar Spring Dr Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $466,737 - $560,000

4 Beds
2.5 Baths
3,200 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $305,000 $95 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,938/month

149 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage
  • Southwest Elementary School Rated A
  • Porch
  • Central Air

About This Home

As of January 2018

Southwest School District!!! This is the perfect family home! 4 bdrms, 2-1/2 baths, large den, screened porch, patio w/ firepit, fenced backyard, & all on a full acre. This home has been extremely well maintained & has a large eat-in kitchen, new master bath & updated powder room (2015). Colfax address but centrally located near the Johnson St baseball complex. Quick access to I40 & several schools.

Last Agent to Sell the Property

MM Councill

Coldwell Banker Advantage License #266065 Listed on: 06/19/2017

Coldwell Banker Advantage

Last Buyer's Agent

Rich Manzi

NextHome Triad Realty License #272763

NextHome Triad Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1985

Lot Details

  • 1.01 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,980 Sq Ft Home
  • 2,600-3,200 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cedar Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0171361
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,269

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Subdivision Name: Cedar Springs
  • Directions: Eastchester to Johnson St. Left on Cedar Spring shortly after passing baseball complex. House is on the left.
  • Above Grade Finished Sq Ft: 2980
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Dead Bolt(s), Soaking Tub, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2980
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

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
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwest
  • High School: Southwest
  • Middle Or Junior School: Southwest

Lot Info

  • Parcel #: 0171361
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 321782.1782
  • TRIADMLS_DeedPage: 1304
  • TRIADMLS_DeedBook: 5440
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2269
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.0089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jan 2, 2018
Sold by
Crouse Kim M and Crouse George W
Bought by
Alverson Robert H and Alverson Amy L
Seller's Agent
MM Councill
Coldwell Banker Advantage
Buyer's Agent
Rich Manzi
NextHome Triad Realty
List Price
$339,500
Sold Price
$305,000
Premium/Discount to List
-$34,500
-10.16%
Current Estimated Value
$512,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,184
Avg. Annual Appreciation
6.95%
Original Mortgage
$289,275
Outstanding Balance
$243,864
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$268,320
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
Alverson Robert H $305,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alverson Robert H $289,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $305,000 -10.2% $117 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $339,500 -- $131 / 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 $2,677 $313,300 $50,000 $263,300
2024 $2,677 $313,300 $50,000 $263,300
2023 $2,677 $313,300 $50,000 $263,300
2022 $2,677 $313,300 $50,000 $263,300
2021 $2,377 $278,100 $50,000 $228,100
2020 $2,409 $278,100 $50,000 $228,100
2019 $2,409 $278,100 $0 $0
2018 $2,397 $278,100 $0 $0
2017 $2,409 $278,100 $0 $0
2016 $2,257 $253,300 $0 $0
2015 $2,269 $253,300 $0 $0
2014 $2,270 $250,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 839189

Triad MLS

APN: 0171361