NOT LISTED FOR SALE

12851 Westmoreland Farm Rd Davidson, NC 28036

Estimated Value: $1,417,000 - $2,880,264

1.33 Acres
$1,552,681 Price per Acre
57,935 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $500,000

Est. 298% increase in value since last sale

Current estimated payment $11,094/month

98 Days on Market

About This Lot

As of October 2022

RARE FIND!!! 1.33 acre building lot in the beautiful neighborhood of Westmoreland Farms in Davidson! Just off the bike path and sidewalks leading to Historic Main Street with shopping, eateries , concerts and more! The large lots in this neighborhood lend to a beautiful setting for your dream home! Bring your own builder! This lot abuts the common area with the pond... quiet peaceful setting. Great schools, water and sewer available. Don't miss your chance!
* Seller intends to use this property in a 1031 tax free exchange - no cost to buyer

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

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,518

Lot Details

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

HOA Fees

  • $70 Monthly HOA Fees

Schools

  • William Amos Hough High School

Listing and Financial Details

  • Assessor Parcel Number 007-422-17

Community Details

Overview

  • Westmoreland Farm Subdivision
  • Mandatory home owners association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,518

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: 375939.85
  • 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: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 840.00

Lot Info

  • Lot Size Area: 1.33
  • Lot Size Units: Acres
  • Parcel Number: 007-422-17
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 3.85505

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2004
Sold by
Lewis Donald S and Lewis Wendy E
Bought by
Wiktorin Bengt Lennart and Wiktorin Fiorella B
Current Estimated Value
$1,990,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
5.64%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Wiktorin Bengt Lennart $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heller Jason Scott $350,000
Closed Wiktorin Bengt Lennart $125,000
Closed Wiktorin Bengt Lennart $71,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $500,000 0.0% --
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 $1,518 $476,000 $476,000 $0
2022 $1,222 $129,700 $129,700 $0
2021 $1,176 $129,700 $129,700 $0
2020 $1,176 $129,700 $129,700 $0
2019 $1,176 $129,700 $129,700 $0
2018 $1,310 $111,700 $111,700 $0
2017 $1,302 $111,700 $111,700 $0
2016 $1,302 $111,700 $111,700 $0
2015 $1,302 $111,700 $111,700 $0
2014 $1,302 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879871

Canopy MLS (Canopy Realtor® Association)

APN: 007-422-17