NOT LISTED FOR SALE

12805 Westmoreland Farm Rd Davidson, NC 28036

Estimated Value: $578,230 - $723,000

1.22 Acres
$529,351 Price per Acre
53,143 Sq Ft Lot

Last Sold October 29, 2022

Last sale price $493,500

Est. 73% increase in value since last sale

Current estimated payment $4,849/month

113 Days on Market

About This Lot

As of October 2022

RARE FIND!!! 1.22 acre building lot in beautiful Westmoreland Farms in Davidson! Large lots throughout the neighborhood lend to a gorgeous setting for your dream home! This lot is next to the pond and on the cul de sac- very private. The neighborhood is just off of the bike path and walkways leading to Historic Main Street with shops, eateries , concerts and more! Great schools too! Bring your own builder. Water and sewer available. Don't wait... this won't last long!

Last Agent to Sell the Property

Beth Sullivan

Allen Tate Davidson License #182487 Listed on: 07/05/2022

Allen Tate Davidson

Last Buyer's Agent

Laura Ruby

RE/MAX Executive License #332411

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,121

Lot Details

  • Possible uses of the property include Residential
  • Zoning described as PUD

HOA Fees

  • $70 Monthly HOA Fees

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Listing and Financial Details

  • Assessor Parcel Number 007-422-14

Community Details

Overview

  • Westmoreland Farm Subdivision
  • Mandatory home owners association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,121

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 404508.20
  • Restrictions: Architectural Review
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Davidson

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pond
  • Association Fee: 70
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 840.00

Lot Info

  • Lot Size Area: 1.22
  • Lot Size Units: Acres
  • Parcel Number: 007-422-14
  • Out Buildings Yn: 0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 4.20168

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Forrestal Academy Inc
Bought by
Margherita Lisa and Salay Robert Edward
Current Estimated Value
$855,730

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 28, 2022
Sold by
Cotter Thomas S
Bought by
Forrestal Academy Inc
Seller's Agent
Beth Sullivan
Allen Tate Davidson
Buyer's Agent
Laura Ruby
RE/MAX Executive
List Price
$500,000
Sold Price
$493,500
Premium/Discount to List
-$6,500
-1.3%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%

Purchase Details

Closed on
Nov 10, 2000
Sold by
Overton Frank L and Norman Elizabeth M
Bought by
Cotter Thomas S and Cotter Patricia A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Margherita Lisa -- None Listed On Document
Forrestal Academy Inc $493,500 --
Cotter Thomas S $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2022 10/29/22 Sold $493,500 -1.3% --
10/26/2022 10/26/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $500,000 -- --
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 $1,121 $460,200 $460,200 $0
2022 $1,121 $119,000 $119,000 $0
2021 $1,079 $119,000 $119,000 $0
2020 $1,079 $119,000 $119,000 $0
2019 $1,079 $119,000 $119,000 $0
2018 $1,234 $105,200 $105,200 $0
2017 $1,226 $105,200 $105,200 $0
2016 $1,226 $105,200 $105,200 $0
2015 $1,226 $105,200 $105,200 $0
2014 $1,226 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879867

Canopy MLS (Canopy Realtor® Association)

APN: 007-422-14