$450,000
SOLD FEB 28, 2022

111 N Faulkner Way Davidson, NC 28036

3 Beds
3 Baths
2,127 Sq Ft
$280/mo HOA Fee

Recently Sold

$212 Per Sq Ft

2 Days on Market

Highlights

  • Glass Enclosed
  • Davidson Elementary School Rated A-
  • 3-minute walk to North and South Lawn Park

About This Home

As of February 2022

Lovely townhome in the highly desirable St. Albans community of Davidson! Primary bedroom on main level. Less than one mile from Davidson Village center, this home faces the expansive Faulkner Square Park, along a lovely tree-lined street. Townhome has been well-maintained by its original owners for almost 20 years. Features 3 BRs & 2.5 Baths. Front entrance has a covered stoop w/ a one-step entry. Large foyer enters into living room w/ a bay window & gas fireplace. Great natural light. Built-ins in living room, family room, primary BR & 3rd BR. Enclosed patio w/gas grill hookup. Two car garage. Kitchen has SS appliances, island & granite counters. Upstairs has 2 BRs, full bath & large loft space. 3rd bedroom would be a great craft room or office (please see photos). 240 sq.ft. walk-in storage. Home is in excellent condition. Roof replaced in 2017. Great community, walkable streets w/ many outdoor attractions. Don't miss, as there has been little townhome inventory in past year.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 01/29/2022

Keller Williams Lake Norman

Last Buyer's Agent

Holly MacFalls

C-A-RE Realty License #262128

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,514

Year Built

  • 2002

HOA Fees

  • $280 per month

Additional Features

  • Insulated Doors
  • Glass Enclosed
  • Gas Water Heater

Community Details

  • New Neighborhood/Old Davidson Condos
  • Mandatory Home Owners Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,514

Year Built

2002

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Directions: From Main Street in Downtown Davidson, go E on Concord Road about one mile. Take a L onto St. Albans Lane. At stop sign in front of church, go L onto Caldwell Lane. Take a R onto Conroy Avenue and then a R onto North Faulkner Way. House is on the L in front of Faulkner Park. Garage parking is accessed from the byway in rear of home.
  • New Construction: No
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: Two Story
  • Subdivision Name: New Neighborhood/Old Davidson
  • Ratio Current Price By Acre: 7500000.00
  • Restrictions: Architectural Review
  • Doors and Windows: g-Insulated Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Disposal, Down Draft, Electric Dryer Hookup, Exhaust Fan, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Security System
  • Fireplace Features: Gas Log, Ventless, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Walk In, Breakfast Bar, Built Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1520
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 240
  • Sq Ft Unheated Upper: 240
  • Sq Ft Upper: 607
  • Porch: Enclosed Patio
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: In-Ground Irrigation, Lawn Maintenance, Satellite Internet Available, Underground Power Lines, Wired Internet Available
  • Foundation Details: Slab
  • Builder Name: Cunnane
  • Construction Type: Brick Partial, Fiber Cement
  • Lot Features: Cleared, Infill Lot, Green Area, Level, Paved, Wooded
  • Construction Status: Complete
  • Tax Location: Davidson
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Detached, Driveway, Garage - 2 Car, Garage Door Opener, Parking Lot, On Street
  • Main Level Garage YN: 1
  • Sq Ft Garage: 535

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Laundry Features: Main Level, Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • Community Features: Dog Park, Picnic Area, Playground, Recreation Area, Sidewalks, Street Lights, Walking Trails, Other
  • Pets Allowed: Yes
  • Hoa Subject To Dues: Mandatory
  • Complex Name: New Neighborhood/Old Davidson

Schools

  • Elementary School: Davidson
  • High School: William Amos Hough
  • Middle Or Junior School: Davidson
  • HOA Subject To: Required
  • HOA Email: robin@mainstreetmanagers.com

Lot Info

  • Zoning Description: VIP
  • Land Included Yn: 1

Tax Info

  • RATIO List Price By Tax Amount: 1.23018

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Feb 28, 2022
Sold by
Fischer Thomas C
Bought by
Macfalls William T and Macfalls Holly
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Holly MacFalls
C-A-RE Realty
List Price
$450,000
Sold Price
$450,000
Total Days on Market
2
Current Estimated Value
$620,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,071
Avg. Annual Appreciation
10.37%
Original Mortgage
$360,000
Outstanding Balance
$338,074
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$281,997

Purchase Details

Closed on
Sep 30, 2002
Sold by
The Cunnane Group Inc
Bought by
Fischer Thomas C and Fischer Shirley
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Knipp Law Office Pllc
Warranty Deed $243,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Rented $2,500 0.0% --
10/13/2023 10/13/23 Price Changed $2,500 -3.8% $1 / Sq Ft
09/25/2023 09/25/23 For Rent $2,600 0.0% --
02/28/2022 02/28/22 Sold $450,000 0.0% $212 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $450,000 -- $212 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,514 $469,400 $105,000 $364,400
2022 $3,485 $365,800 $105,000 $260,800
2021 $3,317 $365,800 $105,000 $260,800
2020 $3,558 $365,800 $105,000 $260,800
2019 $3,552 $365,800 $105,000 $260,800
2018 $3,495 $278,400 $60,000 $218,400
2017 $3,470 $278,400 $60,000 $218,400
2016 $3,467 $278,400 $60,000 $218,400
2015 $3,463 $278,400 $60,000 $218,400
2014 $3,461 $298,000 $60,000 $238,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3812362

Canopy MLS (Canopy Realtor® Association)

APN: 003-157-33