NOT LISTED FOR SALE

18628 River Falls Dr Davidson, NC 28036

Estimated Value: $1,976,632 - $2,167,000

5 Beds
4.5 Baths
6,396 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $1,050,000 $164 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,962/month

120 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Vaulted Ceiling
  • Davidson Elementary School Rated A-
  • Open Floorplan
  • Outdoor Fireplace

About This Home

As of December 2017

Custom Built 5 Bed/4.5 Bath home nestled on 3rd Fairway w/Entertainers Backyard! Must see to appreciate the carefully chosen customizations: Immaculate Condition SMART HOME, Tall Ceilings, Gourmet Kitchen w/Granite & Top of Line Appl, Luxury Main Level Master w/Retreat Bath, 3 Spacious Secondary BR's Upstairs w/Bonus Rm, BASEMENT w/Built-in Custom Bar/Rec Rm/Theater/5th BR, Large Deck & Screened Porch w/Gorgeous views of Paradise Pool, Hot Tub & Private Fenced-in Backyard. Finished 3 Car Garage!

Last Agent to Sell the Property

Boston Reid

COMPASS License #265912 Listed on: 06/15/2017

COMPASS

Last Buyer's Agent

Rebecca Boan

Howard Hanna Allen Tate Mooresville/LKN License #210269

Howard Hanna Allen Tate Mooresville/LKN

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • Irrigation

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace

Community Details

  • First Services Residential Association, Phone Number (704) 527-2314

Listing and Financial Details

  • Assessor Parcel Number 007-351-13

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.87573
  • Ratio Close Price By Original Li: 0.84000
  • Ratio Current Price By Acre: 1944444.44
  • Ratio Current Price By Sq Ft: 164.17
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1778
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, Dishwasher, Disposal, Gas Dryer Hookup, Generator, Microwave, Exhaust Hood, Refrigerator, Surround Sound, Wall Oven
  • Fireplace Description: FAMILYRM, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-527-2314
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 2150
  • Main Level Sq Ft: 2468
  • Total Sq Ft: 6396
  • Sq Ft Unheated Basement: 298
  • Sq Ft Unheated Main: 864
  • Sq Ft Unheated Total: 1162

Exterior Features

  • Construction: Brick Full, Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Hot Tub, In-Ground Irrigation, Pool-In-Ground, Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Services Residential
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: On Golf Course
  • Parcel Number: 007-351-13
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 825000.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Nov 28, 2017
Sold by
Silver Bruce A and Silver Glenda
Bought by
Rounds Sean S and Rounds Michelle Wassel
Seller's Agent
Boston Reid
COMPASS
Buyer's Agent
Rebecca Boan
Howard Hanna Allen Tate Mooresville/LKN
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Current Estimated Value
$2,112,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,062,158
Avg. Annual Appreciation
8.99%
Original Mortgage
$840,000
Outstanding Balance
$694,196
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,417,962

Purchase Details

Closed on
Jul 11, 2013
Sold by
Johnson Brian T
Bought by
Silver Bruce A and Silver Glenda

Purchase Details

Closed on
Jun 23, 2006
Sold by
Legacy Builders Of Lake Norman Llc
Bought by
Silver Bruce A and Silver Glenda

Purchase Details

Closed on
Mar 29, 2005
Sold by
Hayden Mcmahon Development Inc
Bought by
Legacy Builders Of Lake Norman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
5.57%
Mortgage Type
Construction
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
Rounds Sean S $1,050,000 Investors Title
Silver Bruce A $313,000 None Available
Silver Bruce A $990,500 None Available
Legacy Builders Of Lake Norman Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rounds Sean S $840,000
Previous Owner Legacy Builders Of Lake Norman Llc $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $1,050,000 -16.0% $164 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $1,250,000 -- $195 / 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 $11,568 $1,537,600 $228,000 $1,309,600
2024 $11,568 $1,537,600 $228,000 $1,309,600
2023 $11,409 $1,537,600 $228,000 $1,309,600
2022 $9,051 $998,000 $190,000 $808,000
2021 $9,291 $998,000 $190,000 $808,000
2020 $9,291 $998,000 $190,000 $808,000
2019 $9,285 $998,000 $190,000 $808,000
2018 $9,907 $825,000 $160,000 $665,000
2017 $9,842 $825,000 $160,000 $665,000
2016 $9,839 $825,000 $160,000 $665,000
2015 $9,835 $825,000 $160,000 $665,000
2014 $9,833 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3290434

Canopy MLS (Canopy Realtor® Association)

APN: 007-351-13