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511 Colonial Ave

Elizabeth City, NC 27909

3 bd 2 ba 1,032 sqft Built 1986 Lot 6,098 sqft single_family
Most recent sale
$105,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2023 Sold $170,000 HiveMLS
Jul 8, 2022 Sold $105,000 MLS #108485
Jun 17, 2022 Listed $129,900 MLS #108485

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,000 $12,800 $102,800 $1,464
2024 $90,000 $12,800 $102,800 $1,416
2023 $90,000 $12,800 $102,800 $1,416
2022 $90,000 $12,800 $102,800 $1,416
2021 $57,700 $12,800 $70,500 $1,238
2020 $57,700 $12,800 $70,500 $1,179
2019 $57,700 $12,800 $70,500 $1,179
2018 $57,700 $12,800 $70,500 $1,184
2017 $57,700 $12,800 $70,500 $1,185
2016 $57,700 $12,800 $70,500 $1,178
2015 $57,700 $12,800 $70,500 $1,161
2014 $57,700 $12,800 $70,500 $1,144
2013 $80,700 $1,088
2012 $80,700 $1,074
2011 $80,700 $1,050
2010 $80,700 $1,032
2009 $80,700 $981

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,032 sqft
Lot size
6,098 sqft
ZIP code
27909
City
Elizabeth City
Street
Colonial Ave
Coordinates
36.30141, -76.22822

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
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 Colonial Ave last sell?
511 Colonial Ave most recently sold on Jul 8, 2022 for $105,000.
What is the current tax assessment for 511 Colonial Ave?
The most recent total assessment for 511 Colonial Ave (year 2025) is $102,800 with $1,464 in property tax.
How does 511 Colonial Ave's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $105,000.
When was 511 Colonial Ave built?
511 Colonial Ave was built in 1986.
How does 511 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 511 Colonial Ave?
511 Colonial Ave is a 3 bed, 2 bath, 1,032 sqft, 6,098 sqft lot single_family.
Is 511 Colonial Ave a flip candidate?
Yes — 511 Colonial Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 511 Colonial Ave a tax-appeal candidate?
No — 511 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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