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5043 Colorado Road

5043 Colorado Road, Bailey, NC 27807
House in Nash
Sold May 21, 2021
$287,000
$277,421 by Alcova Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Nov 23, 2011
$214,500
$213,400 by State Employees Cu
Mortgage Due Dec 01, 2041
Local assessors in Bailey, NC have categorized 5043 Colorado Road as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 74,052 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5043 Colorado Road has a total of 2,287 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5043 Colorado Road was last sold in May 20, 2021 for $287,000. According to our calculations, that's $125.49 per sqft. Prior to that sales transaction, the property was sold for $214,500 in Nov 21, 2011. Current property owners are expected to pay $1,739 in taxes per year. The property on 5043 Colorado Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $218,110. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 2,287
  • Building Area: 2,287
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,287
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: T C HIGH SUBDIVISION
  • Land Acres: 1.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 70 AC, 12 T C HIGH P1 SPLIT OUT OF 276500737433 AC 12 T C HIGH P1

Ownership

  • Current Owner : SAUCEDO ALMA DELIA
  • Current Owner 2: HERNANDEZ JOSE G
  • Previous Owner : FREEMAN PAUL RAYMOND
  • Previous Owner 2: FREEMAN JILL ISABELLE
  • Owner Before Previous Owner: TSC & ASSOCIATES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nash-Rocky Mount Schools
  • School Tax School District: NC28
  • School Tax District Code 2: GREEN HORNET
  • Census Tract: 011400

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: 276500
  • Account Number: 77594
  • Parcel: 276500-82-5088
  • Municipality: BAILEY
  • Latitude: 35.813
  • Longitude: -78.0939

    Address

  • Full Address: 5043 Colorado Rd
  • Address - House Number: 5043
  • Address - Street Name: Colorado
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Bailey
  • Carrier Code: R004
  • 4-Digit Zip Code: 9722
  • Zip Code: 27807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,739
  • Tax Rate Code Area: NC28 (F28

    Appraisal Valuation

  • Standard Deviation: 0.266
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 62
  • Final Value: 368,450
  • High Value: 466,485
  • Low Value: 270,415

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,421
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $277,421
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $218,110
  • Market Land Value: $25,070
  • Market Improvement Value: $193,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,110

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836614459
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 23, 2011
  • Previous Sale Contract Date: Nov 21, 2011
  • Previous Sale Amount: $214,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $277,421
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Nov 23, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $213,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2041

About Nash



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Frequently Asked Questions

What neighborhood is 5043 Colorado Road located in?
The 5043 Colorado Road is a house located in the neighborhood of Nash in Nash, Bailey.
What is the average sales price for listings in 5043 Colorado Road?
The average sales price for units in 5043 Colorado Road is $0 currently.

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