CoolingCeiling Fan(s), Central Air, Multi Unit(s), Other
BasementYes
FireplaceFamily Room, Living Room
MLS #10059218
Lot Size4.00 Acres
StatusActive
About 488 Colvard Farms Rd
Beautiful Colvard Farm's Home that Compliments its Gated 4 acre Homesite. 488 Colvard Farms Road is a very private 4-acre wooded estate that combines its transitional architecture with modern comforts. This comfortable haven is part of the gated community of Colvard Farms Estates, offering both privacy and exclusivity. This home boasts nearly 5500 square feet of living space with an additional unfinished 1390 square feet that can yield a 2nd Floor Owners Suite and a large temperature-controlled basement workshop or storage area. The home features 4 spacious bedrooms (including a first floor owners suite), 4 full baths, and 1 half bath. Recent upgrades include restored black walnut hardwoods, a new roof with warranty, two new high-efficiency TRANE heating/cooling units, along with a finished basement. The expansive lower level is flooded with natural light and has new high-end LVP flooring along with a home theater room. Additionally, a new full bath and bedroom makes it perfect for an in-law suite or guest accommodations. The home overlooks a beautiful pond providing serene views from all three levels. Although it feels like a secluded home, it's conveniently located just 2 miles from Southpoint Mall, I-40 and only 15 minutes from RDU Airport. The Colvard Farms community offers a variety of amenities, including over 2 miles of picturesque walking trails, a pool, a clubhouse with playground and newly updated tennis and pickleball courts. This property is a perfect blend of seclusion and convenience, offering a peaceful retreat with easy access to urban amenities. The 4 acre lot, with a move-in ready home, is the largest in Colvard's history. Don't miss this rare opportunity.
Property Details
Property Features
Property Information:
Architectural Style: Farm House, Transitional
Year Built: 2006
Living Area: 5,464 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeService
Office Phone: (919) 383-4663
Listing Agent: John Glenn Riester
Interior Features
Interior Information:
Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Water Softener
Basement: Yes
Flooring Type: Carpet, Hardwood
Interior: Bathtub Only, Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Room Over Garage, Separate Shower, Soaking Tub, Sound System, Track Lighting, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub, See Remarks
Fireplace: Family Room, Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot: Landscaped, Cleared, Pasture, Pond On Lot, Secluded
Lot Size: 4.00 Acres
Utilities
Utilities Information:
Heating: Electric, Propane
Cooling: Ceiling Fan(s), Central Air, Multi Unit(s), Other
Other
Directions Information:
Directions: FROM DT DURHAM: N Mangum St to Durham Fwy/Morehead Ave/S Srv Rd E. Left onto NC-147S/Durham ramp toward Airport/Raleigh. Continue 147S and merge onto I-885. Take Exit 5B for I-40 W toward Chapel Hill. I-40W to Exit 274 for NC-751 toward Jordan Lake. Right onto Colvard Farms Rd. Right on Colvard Estates Dr. Home is on the Left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,425,000
Price Per SqFt: $627/SqFt
HOA Fees:
Amount: $770
Frequency: Quarterly
Tax Information:
Annual Amount: $10,254
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Durham, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 08, 2005
Apr 08, 2005Home Sold
$127,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,254
$1,144,923
2020
$9,813
$1,144,923
2019
$9,783
$1,154,895
2018
$9,604
$1,040,487
2017
$9,292
$1,040,487
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Parkwood Elementary School
5207 Revere Rd
Distance between this listing and this school3.25 miles
Public District Grades PK-5
7
/10
Alston Ridge Elementary School
11555 Green Level Church Rd
Distance between this listing and this school3.30 miles
Public District Grades PK-5
8
/10
Hortons Creek Elementary School
7615 Okelley Chapel Rd
Distance between this listing and this school3.36 miles
Public District Grades PK-5
Nearby Schools
8
/10
Alston Ridge Middle School
7833 Fussell Avenue
Distance between this listing and this school3.08 miles
Public District Grades 6-8
3
/10
Kestrel Heights School
4700 S Alston Ave
Distance between this listing and this school4.28 miles
Public Charter Grades KG-8
5
/10
Lowe's Grove Middle School
4418 S Alston Ave
Distance between this listing and this school4.48 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
C.E. Jordan High School
6806 Garrett Rd
Distance between this listing and this school3.77 miles
Public District Grades 9-12
2
/10
North Carolina Cyber Academy
2800 Meridian Pkwy Ste 150
Distance between this listing and this school4.43 miles
Public Charter Grades KG-12
9
/10
Panther Creek High School
6770 McCrimmon Pkwy
Distance between this listing and this school4.60 miles
The neighbors living near this home have an average income of $132,360. Most Durham, NC residents have annual incomes between $100k-200k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Durham, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Durham, NC.
Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.
What is it like to live in Durham, NC?
Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.
Is it easy to get around Durham, NC without a car?
The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.
Transportation in Durham, NC.
Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.
Frequently Asked Questions About 488 Colvard Farms Rd
What is the listing price of this property?
The listing price of 488 Colvard Farms Rd property is $3,425,000.
What type of property is this?
The property 488 Colvard Farms Rd is a house located in Durham, North Carolina, 27713.
Is this property for sale now?
Active Listing: 488 Colvard Farms Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,254 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 8, 2005 for $127,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 488 Colvard Farms Rd has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 488 Colvard Farms Rd is 5,464 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 488 Colvard Farms Rd is 2006.
Interested in 488 Colvard Farms Rd? Let's connect.
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This home is located at 488 Colvard Farms Rd in Durham, NC and zip code 27713. This 5,464 square foot home, which was built in 2006, sits on a 4.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $3,425,000.
Durham, NC housing market in October 2024 saw over 50 listings sold above listed price, more than 61 sold at listed price and over 125 sold below. The inventory of homes for sale in Durham, NC between September 2024 and October 2024 increased by 2.8%. In October 2024 median list price was $424,728 and the average listing age was 35 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
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