NOT LISTED FOR SALE

8908 Cedar Spring Dr Colfax, NC 27235

Colfax Neighborhood

Estimated Value: $542,000 - $696,000

3 Beds
2.5 Baths
3,400 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $270,000 $79 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,661/month

39 Days on Market

Highlights

  • 2.15 Acre Lot
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Southwest Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of October 2018

OFFERS WELCOME FOR THIS HANDYMAN SPECIAL-3 BR, 2.5 BA rustic cape cod home w/wrap around porch & 2 car garage w/bonus & additional BA. This also has an unfinished master suite addition on the main level giving it the potential for 4 BR & 3.5 BA. Not to mention the office, den w/dramatic ceiling & stone fireplace, spacious kitchen w/island & updated appliances, new Pella windows & doors, Rinnai water heater & water filtration system all sitting on 2+ acres in Colfax & priced under tax value! Selling As Is.

Last Agent to Sell the Property

Brian Mabe

Mabe & Company License #152543 Listed on: 06/20/2018

Last Buyer's Agent

Glenda Leinbach

Glenda H. Leinbach License #191044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1987

Lot Details

  • 2.15 Acre Lot
  • Lot Dimensions are 308 x 301 x 305 x 343
  • Level Lot
  • Property is zoned rs40

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • 3,202 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Veranda
  • Outdoor Gas Grill
  • Porch

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0171369
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,105

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.15
  • Lot Size: 308 x 301 x 305 x 343
  • Subdivision Name: None
  • Directions: North on Johnson from Skeet Club, left on Cedar Spring past Johnson St Park, home on the right.
  • Above Grade Finished Sq Ft: 3202
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3202
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Gas Grill, Veranda/Breezeway
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0171369
  • Zoning: rs40
  • TRIADMLS_PricePerAcre: 148837.2093
  • TRIADMLS_DeedPage: 817
  • TRIADMLS_DeedBook: 4620
  • TRIADMLS_PlatBook: 73-197
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 3105
  • Tax Lot: 12
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 18, 2018
Sold by
Moyer Charlene W
Bought by
Teague Allen and Teague Kelsey Lynn
Seller's Agent
Brian Mabe
Mabe & Company
Buyer's Agent
Glenda Leinbach
Glenda H. Leinbach
List Price
$320,000
Sold Price
$270,000
Premium/Discount to List
-$50,000
-15.62%
Current Estimated Value
$628,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,484
Avg. Annual Appreciation
12.99%
Original Mortgage
$243,000
Outstanding Balance
$182,646
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$445,838

Purchase Details

Closed on
Dec 9, 1997
Bought by
Moyer Charles P
Source: Public Records

Range of Values:

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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
Teague Allen $270,000 None Available
Moyer Charles P $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teague Allen $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $270,000 -15.6% $96 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $320,000 -- $114 / 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 $3,786 $443,000 $55,000 $388,000
2024 $3,786 $443,000 $55,000 $388,000
2023 $3,786 $443,000 $55,000 $388,000
2022 $3,786 $443,000 $55,000 $388,000
2021 $3,063 $358,400 $55,000 $303,400
2020 $3,105 $358,400 $55,000 $303,400
2019 $3,105 $358,400 $0 $0
2018 $3,090 $358,400 $0 $0
2017 $3,090 $358,400 $0 $0
2016 $2,905 $326,100 $0 $0
2015 $2,922 $306,800 $0 $0
2014 $2,779 $306,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 892058

Triad MLS

APN: 0171369