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504 Colonial Ave

Elizabeth City, NC 27909

3 bd 3 ba 3,111 sqft Built 1890 Lot 8,276 sqft multi_family
Most recent sale
$160,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $160,000 MLS #8106156
Aug 2, 2022 Listed $175,000 MLS #8106156
Nov 24, 2021 Listed $175,000 MLS #106156
Oct 14, 2020 Listed for rent $695 AppfolioUnits
Jan 8, 2007 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,800 $18,200 $139,000 $2,091
2024 $120,800 $18,200 $139,000 $1,995
2023 $120,800 $18,200 $139,000 $1,995
2022 $120,800 $18,200 $139,000 $1,995
2021 $88,500 $46,900 $135,400 $1,404
2020 $88,500 $46,900 $135,400 $1,242
2019 $88,500 $46,900 $135,400 $2,242
2018 $88,500 $46,900 $135,400 $1,319
2017 $88,500 $46,900 $135,400 $2,253
2016 $88,500 $46,900 $135,400 $2,240
2015 $88,500 $46,900 $135,400 $2,209
2014 $88,500 $46,900 $135,400 $2,175
2013 $141,300 $1,914
2012 $141,300 $1,890
2011 $141,300 $1,848
2010 $141,300 $1,812
2009 $141,300 $1,721

Property facts

Year built
1890
Property type
multi_family
Stories
2
Beds
3
Baths
3
Living area
3,111 sqft
Lot size
8,276 sqft
ZIP code
27909
City
Elizabeth City
Street
Colonial Ave
Coordinates
36.30186, -76.22780

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
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 504 Colonial Ave last sell?
504 Colonial Ave most recently sold on Sep 22, 2022 for $160,000.
What is the current tax assessment for 504 Colonial Ave?
The most recent total assessment for 504 Colonial Ave (year 2025) is $139,000 with $2,091 in property tax.
How does 504 Colonial Ave's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $160,000.
When was 504 Colonial Ave built?
504 Colonial Ave was built in 1890.
How does 504 Colonial Ave compare to others on Colonial Ave?
We track 8 other properties on Colonial Ave. Browse the list under "Other properties on Colonial Ave" to compare beds, baths, and sale history.
What are the property facts for 504 Colonial Ave?
504 Colonial Ave is a 3 bed, 3 bath, 3,111 sqft, 8,276 sqft lot multi_family.
Is 504 Colonial Ave a flip candidate?
No — 504 Colonial Ave does not appear in our flips dataset.
Is 504 Colonial Ave a tax-appeal candidate?
No — 504 Colonial Ave 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
+4.1%
Implied 1-yr
+16.4%
2026 Q3
$364.4K
2026 Q4
$376.2K
ZIP 27909 — Median Price History + Forecast

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