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223 Colonnade Dr

Elon, NC 27244

4 bd 4 ba 3,397 sqft Built 2015 Lot 12,197 sqft single_family
Most recent sale
$430,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $430,000 Public Record
Aug 23, 2022 Relisted $425,000 MLS #2460446
Jul 11, 2022 Listed $425,000 MLS #123844
Jul 6, 2022 Listed $425,000 MLS #2460446
Nov 13, 2015 Sold $330,000 Public Record
Oct 12, 2010 Sold $724,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $397,409 $45,000 $442,409 $2,174
2024 $397,409 $45,000 $442,409 $3,605
2023 $397,409 $45,000 $442,409 $3,442
2022 $280,963 $42,000 $322,963 $3,534
2021 $280,963 $42,000 $322,963 $3,566
2020 $280,963 $42,000 $322,963 $3,599
2019 $280,963 $42,000 $322,963 $3,610
2018 $280,963 $42,000 $322,963 $3,359
2017 $280,963 $42,000 $322,963 $3,327
2016 $233,948 $29,750 $263,698 $2,637
2015 $29,750 $29,750 $172
2014 $29,750 $29,750 $158
2013 $29,750 $29,750 $161
2012 $29,750 $29,750 $154
2011 $29,750 $29,750 $155
2010 $29,750 $29,750 $155
2009 $29,750 $29,750 $155
2008 $40,000 $40,000 $380
2007 $40,000 $40,000 $232

Property facts

Year built
2015
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,397 sqft
Lot size
12,197 sqft
ZIP code
27244
City
Elon
Street
Colonnade Dr
Coordinates
36.12213, -79.49227

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
$4,586
Gross rental yield
12.80%
Implied cap rate
8.32%
Trend-extrapolated value

Frequently asked questions

When did 223 Colonnade Dr last sell?
223 Colonnade Dr most recently sold on Aug 26, 2022 for $430,000.
What is the current tax assessment for 223 Colonnade Dr?
The most recent total assessment for 223 Colonnade Dr (year 2025) is $442,409 with $2,174 in property tax.
How does 223 Colonnade Dr's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $430,000.
When was 223 Colonnade Dr built?
223 Colonnade Dr was built in 2015.
How does 223 Colonnade Dr compare to others on Colonnade Dr?
We track 8 other properties on Colonnade Dr. Browse the list under "Other properties on Colonnade Dr" to compare beds, baths, and sale history.
What are the property facts for 223 Colonnade Dr?
223 Colonnade Dr is a 4 bed, 4 bath, 3,397 sqft, 12,197 sqft lot single_family.
Is 223 Colonnade Dr a flip candidate?
No — 223 Colonnade Dr does not appear in our flips dataset.
Is 223 Colonnade Dr a tax-appeal candidate?
No — 223 Colonnade Dr 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
-0.9%
Implied 1-yr
-3.4%
2026 Q3
$318.8K
2026 Q4
$315.9K
ZIP 27244 — Median Price History + Forecast

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