NOT LISTED FOR SALE

148 Morrison Hill Rd Davidson, NC 28036

Estimated Value: $848,000 - $1,054,000

4 Beds
2.5 Baths
2,442 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $575,000 $235 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,446/month

47 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Ranch Style House
  • Davidson Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2020

4 BR/2.5 bath ranch home in desirable McConnell. Fully renovated in 2016, move in ready. Chef's kitchen with Subzero 48" Refrigerator/Freezer, Kitchen Aid professional appliances, wine refrigerator, pot filler, and more...Carrara marble countertops, glass subway tile backsplash, large pantry, tankless water heater. New lighting. Hardwood floors. Tiled floors in baths. Beautiful master bath with free standing tub, large subway tiled shower with glass enclosure.  Updated plumbing including water lines and drain lines. Air Conditioning Unit replaced in 2017.  Detached two car garage.  Very private, adjacent to wooded lot.  Cul-de-sac street with easy walk to the McConnell pond.  Walkable to town.

Last Agent to Sell the Property

Joey Davis

Staylakenorman LLC License #220465 Listed on: 08/20/2020

Last Buyer's Agent

Brigitte Perry

Southern Homes of the Carolinas, Inc License #281270

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2

Home Design

  • Ranch Style House

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 003-311-70

Community Details

Overview

  • Mcconnell Association
  • Built by Saussy Burbank

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96315
  • Ratio Close Price By Original Li: 0.96315
  • Ratio Current Price By Acre: 1105769.23
  • Ratio Current Price By Sq Ft: 235.46
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven, Wine Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2442
  • Total Sq Ft: 2442

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Playground, Walking Trails
  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: McConnell
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Private, Wooded
  • Parcel Number: 003-311-70
  • Zoning Specification: VIP

Building Info

  • Builder Name: Saussy Burbank

Tax Info

  • Tax Value: 478900.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 10, 2020
Sold by
Arcuri Leonard and Arcuri Kathryn G
Bought by
Megahey Alan and Megahey Allison Melene
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Brigitte Perry
Southern Homes of the Carolinas, Inc
List Price
$597,000
Sold Price
$575,000
Premium/Discount to List
-$22,000
-3.69%
Current Estimated Value
$935,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,102
Avg. Annual Appreciation
9.94%
Original Mortgage
$450,000
Outstanding Balance
$400,436
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$534,666

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 27, 2017
Sold by
Frederick L Lobpries
Bought by
Arcuri Leonard and Arcuri Kathryn
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Joey Davis
Staylakenorman LLC
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$450,500
Interest Rate
4.16%

Purchase Details

Closed on
Jan 28, 2016
Sold by
Evans Morgaret Wier
Bought by
Lobpires Fredeick L and Lobpires Mcihelle O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1995
Sold by
Davidson College Development Corp
Bought by
Evans John Borden
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Megahey Alan $575,000 South City Title
Arcuri Leonard -- --
Lobpires Fredeick L $352,000 None Available
Evans John Borden $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megahey Alan $450,000
Previous Owner Arcuri Leonard $450,500
Previous Owner Arcuri Leonard --
Previous Owner Lobpires Fredeick L $281,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $575,000 -3.7% $235 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $597,000 +12.6% $244 / Sq Ft
02/27/2017 02/27/17 Sold $530,000 -3.5% $217 / Sq Ft View Prior Sale
02/01/2017 02/01/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $549,000 -- $225 / 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
2025 $6,104 $808,200 $380,000 $428,200
2024 $6,104 $808,200 $380,000 $428,200
2023 $6,018 $808,200 $380,000 $428,200
2022 $4,550 $478,900 $165,000 $313,900
2021 $4,584 $478,900 $165,000 $313,900
2020 $4,584 $478,900 $165,000 $313,900
2019 $4,578 $478,900 $165,000 $313,900
2018 $3,826 $306,600 $100,000 $206,600
2017 $3,799 $306,600 $100,000 $206,600
2016 $3,796 $306,600 $100,000 $206,600
2015 $3,792 $306,600 $100,000 $206,600
2014 $3,790 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3653365

Canopy MLS (Canopy Realtor® Association)

APN: 003-311-70