$1,020,000
SOLD MAY 23, 2025

15016 E Rocky River Rd Davidson, NC 28036

6 Acres
$180,851 Price per Acre
245,678 Sq Ft Lot

Recently Sold

$480 Per Sq Ft

9% Below List Price

290 Days on Market

About This Lot

As of May 2025

Nearly 6 ACRES, a Developer/Builders dream or a exquisite estate/family compound in desirable Davidson! 5 minute drive to downtown Davidson and top rated schools. Currently tenant occupied 3b/2.5ba house w/ a detached garage, on well & septic. The property adjoins the Rocky River Greenway & is conveniently located next to the coveted River Run Golf Course.The property is currently zoned as a 1 unit structure, but the Seller has preapproval from the town to split the property into 2 parcels with very minimal administrative work remaining. OR capitalize on the almost completed 6 parcel plat that is nearly approved with the town of Davidson (rendering in photos & plat attached). Owner wants new buyer to choose before finalizing details with the town. Per restrictions, horses & limited goats/chickens are permitted. City water & sewer can be tapped into with town approval as they are next door. Do not disturb tenant, showings will need to be confirmed.

Last Agent to Sell the Property

Matt Stone

Stone Realty Group Brokerage Email: matt@mattstoneteam.com License #234656 Listed on: 05/30/2024

Co-Listed By

Andy Wilfong

Stone Realty Group Brokerage Email: matt@mattstoneteam.com License #308985

Last Buyer's Agent

Dawn Wilkinson

The Real Estate Advantage Sole Proprietor License #207747

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,945

Lot Details

  • Possible uses of the property include Development, Gardening, Horses, Private Estate, Residential
  • Property is zoned RPA

Schools

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

Utilities

  • Water Tap or Transfer Fee
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 007-251-07

Property Details

Property Type

Land

Est. Annual Taxes

$5,945

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Road Surface Type: Gravel
  • Geocode Confidence: Medium
  • Attribution Contact: matt@mattstoneteam.com
  • Special Features: None

Interior Features

  • Possible Use: Development, Gardening, Horses, Private Estate, Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Septic Installed, Tap Fee Required
  • Water Source: City, Tap Fee Required, Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 5.64
  • Lot Size Units: Acres
  • Parcel Number: 007-251-07
  • Zoning: RPA
  • Zoning Specification: RPA

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
May 22, 2025
Sold by
Solimax Llc
Bought by
Summit River Holdings Llc
Seller's Agent
Matt Stone
Stone Realty Group
Buyer's Agent
Dawn Wilkinson
The Real Estate Advantage Sole Proprietor
List Price
$1,120,000
Sold Price
$1,020,000
Premium/Discount to List
-$100,000
-8.93%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.12%

Purchase Details

Closed on
Apr 2, 2021
Sold by
Wilfong Andrew D and Wilfong Kellyanne L
Bought by
Solimax Llc

Purchase Details

Closed on
Feb 1, 2019
Sold by
Watson Rush Price and Watson Kary C
Bought by
Wilfong Andrew D and Wilfong Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1979
Bought by
Hageman Paul Kenneth
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 Type Sale Price Title Company
Warranty Deed $1,020,000 None Listed On Document
Quit Claim Deed -- American Home Title
Warranty Deed $440,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $145,000 Unknown
Previous Owner $140,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,020,000 0.0% $480 / Sq Ft
05/23/2025 05/23/25 Sold $1,020,000 -8.9% $480 / Sq Ft
01/03/2025 01/03/25 For Sale $1,120,000 0.0% $527 / Sq Ft
01/03/2025 01/03/25 Price Changed $1,120,000 0.0% $527 / Sq Ft
01/03/2025 01/03/25 For Sale $1,120,000 +9.8% $527 / Sq Ft
12/31/2024 12/31/24 Off Market $1,020,000 -- --
12/31/2024 12/31/24 Off Market $1,020,000 -- --
09/06/2024 09/06/24 Price Changed $1,120,000 -8.2% $527 / Sq Ft
05/30/2024 05/30/24 For Sale $1,220,000 0.0% $574 / Sq Ft
05/30/2024 05/30/24 For Sale $1,220,000 +154.2% $574 / Sq Ft
01/07/2016 01/07/16 Sold $480,000 -8.6% $226 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $524,900 -- $247 / 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 $5,945 $961,000 $641,000 $320,000
2022 $4,313 $503,300 $280,800 $222,500
2021 $4,313 $503,300 $280,800 $222,500
2020 $3,773 $434,500 $280,800 $153,700
2019 $3,619 $434,500 $280,800 $153,700
2018 $4,959 $439,200 $268,900 $170,300
2017 $4,922 $439,200 $268,900 $170,300
2016 $4,773 $439,200 $268,900 $170,300
2015 $4,792 $439,200 $268,900 $170,300
2014 $4,712 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4145744

Canopy MLS (Canopy Realtor® Association)

APN: 007-251-07