See Home Value
$1,035,000 - $1,265,000
House - Off Market

3424 Colony Road

Charlotte, NC 28211
bedrooms
5 Beds
bathrooms
4 Baths
square feet
5073 Sqft
Sold Feb 27, 2024
$975,000
$766,500 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2054
Sold Dec 17, 2021
$1,450,000
$1,196,000 by Bank Of The Ozarks
Mortgage

About This Property

WELCOME TO BARCLAY DOWNS! Desirable floorplan for effortless entertaining and everyday living. This five bedroom and four bath home is situated on an impressive .89 acre lot. The home boasts a large main level with a spacious primary suite and walk-in closet. Extend entertaining from the sunroom to the deck and private backyard. The basement features two bedrooms, a second kitchen, family room, an abundance of storage and interior and exterior access. Lots of unfinished square footage that could be used as workshop, exercise room, art and crafts etc. New carpet. Attached two-car garage on main level and carport on lower level. Convenient to shops and restaurants in the Barclay Downs and SouthPark area and easy commute to Uptown.

The manager has listed the unit size as 5073 square feet.
Unit Size
5,073Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

Price History

Date / Event Date Event Price
Mar 1, 2024 No longer available -
No longer available
Jan 17, 2024 In contract -
In contract
Oct 28, 2023 Price Decreased $1,150,000
↓ $95K (7.6%)
Price Decreased
Sep 29, 2023 Price Decreased $1,245,000
↓ $305K (19.7%)
Price Decreased
Sep 14, 2023 Listed $1,550,000
Listed
WELCOME TO BARCLAY DOWNS! Impressive .89 acre property. Convenient to shops and restaurants in the Barclay Downs, SouthPark and Myers Park areas and easy commute to Uptown.
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 2,718
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 4,242
  • Gross Building Area: 4,242
  • Building Area: 4,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,242
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARCLAY DOWNS 11
  • Land Acres: 0.89
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L24 B17 M14-89

Ownership

  • Current Owner : KING JAMES THOMAS
  • Previous Owner : 3424 COLONY PARTNERS LLC
  • Owner Before Previous Owner: GILBERT FRED A
  • Owner Before Previous Owner 2: ESTATE OF PALLIE GILBERT WHITF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002909

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 177-08
  • District: 1
  • Parcel: 177-082-01
  • Block: 17
  • Lot: 24
  • Municipality: CHARLOTTE
  • Latitude: 35.1591
  • Longitude: -80.8281

    Address

  • Full Address: 3424 Colony Rd
  • Address - House Number: 3424
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C019
  • 4-Digit Zip Code: 3212
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,969
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0784
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 94
  • Final Value: 1,141,207
  • High Value: 1,230,771
  • Low Value: 1,051,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $766,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 27, 2024
  • First Open Lien Mortgage Loan Amount: $766,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $1,377,800
  • Market Land Value: $651,000
  • Market Improvement Value: $726,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,377,800
  • Assessed Land Value: $651,000
  • Assessed Improvements Value: $726,800

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Transaction ID: 11921547367
  • Current Sale Price: $975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16764
  • Previous Sale Recording Date: Dec 17, 2021
  • Previous Sale Contract Date: Dec 16, 2021
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 27, 2024
  • First Mortgage Loan Amount: $766,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE OZARKS
  • Previous Mortgage Transaction Date: Dec 17, 2021
  • Previous Mortgage Loan Amount: $1,196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4.5 Baths
2,445 ft²
$444/ft²
$1,085,000 Sep 19, 2023
-
$373/mo
Townhouse
4 Beds
4.5 Baths
2,445 ft²
$429/ft²
$1,050,000 May 23, 2023
-
$373/mo
Townhouse
3 Beds
3.5 Baths
2,753 ft²
$454/ft²
$1,250,000 Jan 18, 2024
-
$270/mo
Townhouse
3 Beds
3.5 Baths
2,446 ft²
$399/ft²
$975,000 May 25, 2023
-
$373/mo

About Barclay Downs


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Frequently Asked Questions

When was property at 3424 Colony Road built and last sold?
The property at 3424 Colony Road was built in 1980 and last sold on Feb 26, 2024 for $975,000.
How much is this home worth?
The estimated value of the home located at 3424 Colony Road is $1,161,500.
What are some comparable homes to 3424 Colony Road?
There are currently no comparable homes to 3424 Colony Road.

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