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506 Colony St

Chadbourn, NC 28431

3 bd 1 ba 1,408 sqft Built 1950 Lot 11,326 sqft single_family
Most recent sale
$68,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $68,000 Public Record
Aug 9, 2022 Listed $79,000 MLS #100343477

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $63,100 $9,200 $72,300 $709
2020 $53,100 $8,300 $61,400 $620
2019 $53,100 $8,300 $61,400 $620
2018 $53,100 $8,300 $61,400 $620
2017 $53,100 $8,300 $61,400 $623
2016 $53,100 $8,300 $61,400 $628
2015 $53,100 $8,300 $61,400 $638
2014 $61,400 $638
2013 $61,400 $638
2012 $82,400 $819
2010 $56,700 $816
2009 $56,700 $811

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,408 sqft
Lot size
11,326 sqft
ZIP code
28431
City
Chadbourn
Street
Colony St
Coordinates
34.32695, -78.82788

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$408
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Colony St last sell?
506 Colony St most recently sold on Sep 28, 2022 for $68,000.
What is the current tax assessment for 506 Colony St?
The most recent total assessment for 506 Colony St (year 2021) is $72,300 with $709 in property tax.
How does 506 Colony St's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $68,000.
When was 506 Colony St built?
506 Colony St was built in 1950.
How does 506 Colony St compare to others on Colony St?
We track 1 other property on Colony St. Browse the list under "Other properties on Colony St" to compare beds, baths, and sale history.
What are the property facts for 506 Colony St?
506 Colony St is a 3 bed, 1 bath, 1,408 sqft, 11,326 sqft lot single_family.
Is 506 Colony St a flip candidate?
No — 506 Colony St does not appear in our flips dataset.
Is 506 Colony St a tax-appeal candidate?
No — 506 Colony St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q1
$158.3K
2026 Q2
$162K
ZIP 28431 — Median Price History + Forecast

Explore nearby

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