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631 Colonial Drive

631 Colonial Drive, High Point, NC 27262
Property in Guilford
Sold Mar 16, 2017
$246,000
$287,000 by State Employees Credit Union
Mortgage Due May 01, 2052
Sold Oct 30, 2015
$240,500
$192,400 by Newbridge Bank
Mortgage Due Nov 01, 2046
Local assessors in High Point, NC have categorized 631 Colonial Drive as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1993. The property's lot size has been calculated to be 9,148 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 3 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 631 Colonial Drive has a total of 2,331 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 631 Colonial Drive sold most recently in Mar 15, 2017 for a total of $246,000. If you work out the math, that's approximately a cost of $105.53 per sqft. Before that, the property was also sold for $240,500 in Oct 30, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,549 in taxes each year. 631 Colonial Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,300. If we break it down further, the land itself was valued at $38,000. Improvements to the property, however, were assessed at a total of $225,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 342
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,331
  • Gross Building Area: 2,331
  • Building Area: 2,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,331
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERATON HILLS
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 28 SHERATON HILLS PB 4 PB 33

Ownership

  • Current Owner : SMITH JOHN JOSEPH
  • Current Owner 2: SMITH KATHRYN
  • Previous Owner : GALLIMORE EMILY A
  • Owner Before Previous Owner: CROMER MATTHEW K
  • Owner Before Previous Owner 2: CROMER ANNA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 013700

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: H-0215
  • Account Number: 4970136001
  • District: 18
  • Parcel: 0188022
  • Block: 200
  • Lot: 28
  • Meridian: TWN 18
  • Municipality: HIGH POINT
  • Latitude: 35.9662
  • Longitude: -80.0223

    Address

  • Full Address: 631 Colonial Dr
  • Address - House Number: 631
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: High Point
  • Carrier Code: C007
  • 4-Digit Zip Code: 3739
  • Zip Code: 27262

Valuation

    Tax

  • Total Area: 2,326
  • Tax Year: 2023
  • Tax Amount: $3,549
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 417,714
  • High Value: 493,117
  • Low Value: 342,311

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $287,000
  • 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: May 01, 2052
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 17, 2023
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 17, 2053
  • Third Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Mar 08, 2024
  • Third Open Lien Mortgage Loan Amount: $70,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Mar 08, 2054

    Market Valuation

  • Market Total Value: $263,300
  • Market Land Value: $38,000
  • Market Improvement Value: $225,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,300
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $225,300

    Sales

  • Current Sale Contract Date: Mar 15, 2017
  • Current Sale Recording Date: Mar 16, 2017
  • Current Sale Transaction ID: 1806222178
  • Current Sale Price: $246,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017014279
  • Previous Sale Recording Date: Oct 30, 2015
  • Previous Sale Contract Date: Oct 30, 2015
  • Previous Sale Amount: $240,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Mar 16, 2017
  • First Mortgage Loan Amount: $246,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEWBRIDGE BANK
  • Previous Mortgage Transaction Date: Oct 30, 2015
  • Previous Mortgage Loan Amount: $192,400
  • Previous Mortgage Term: 372
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About High Point



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 631 Colonial Drive located in?
The 631 Colonial Drive is a located in the neighborhood of Guilford in High Point, High Point.
What is the average sales price for listings in 631 Colonial Drive?
The average sales price for units in 631 Colonial Drive is $0 currently.

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