NOT LISTED FOR SALE

18647 Davidson-Concord Rd Davidson, NC 28036

Estimated Value: $1,032,000 - $1,523,643

5.81 Acres
$216,293 Price per Acre
253,084 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $750,000

Est. 68% increase in value since last sale

Current estimated payment $6,845/month

61 Days on Market

Highlights

  • 5.81 Acre Lot
  • Wooded Lot
  • No HOA
  • Davidson Elementary School Rated A-

About This Lot

As of February 2021

Excellent opportunity to own or develop approximately 5.81 acres in Davidson which is perfect for a small subdivision as it is zoned Neighborhood Edge Planning Area. There is a stubbed street in Park Place at Davidson - Boulder Rock Loop that can connect to this property. Fabulous Davidson/Cornelius schools and great location close to Downtown Davidson.

Last Agent to Sell the Property

Nancy Buckstad

EXP Realty LLC Mooresville Brokerage Email: nancy@candyandnancy.com License #194805 Listed on: 02/17/2020

EXP Realty LLC Mooresville

Co-Listed By

Candy Gilder

EXP Realty LLC Mooresville Brokerage Email: nancy@candyandnancy.com License #214007

Last Buyer's Agent

Gary Knox

Knox Group, The License #113410

Property Details

Property Type

  • Land

Lot Details

  • 5.81 Acre Lot
  • Lot Dimensions are 410x578x343x99x43x688
  • Property fronts a state road
  • Wooded Lot
  • Possible uses of the property include Residential, Subdevelopment
  • Property is zoned NE

Home Design

  • Slab Foundation

Schools

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

Additional Features

  • Crawl Space
  • Water Tap or Transfer Fee

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-162-17

Property Details

Property Type

Land

Lot Details

5.81 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: nancy@candyandnancy.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Possible Use: Residential, Subdevelopment

Exterior Features

  • Road Frontage: 410
  • Other Structures: None

Utilities

  • Sewer: Tap Fee Required
  • Water Source: Tap Fee Required

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 007-162-17
  • Can Be Subdivided: 1
  • Lot Size Acres: 5.81
  • Lot Size: 410x578x343x99x43x688
  • Lot Size Sq Ft: 253083
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NE

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Little Red Tree Cre Llc
Bought by
Red Tree Revocable Trust and Adams
Current Estimated Value
$1,256,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,272,000
Outstanding Balance
$3,255,088
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
-$1,998,427

Purchase Details

Closed on
Apr 5, 2023
Sold by
Palillo University Llc
Bought by
Little Red Tree Cre Llc

Purchase Details

Listed on
Feb 17, 2020
Closed on
Feb 4, 2021
Sold by
Ballard Jeffrey Lynn
Bought by
Palillo University Llc
Seller's Agent
Nancy Buckstad
EXP Realty LLC Mooresville
Buyer's Agent
Gary Knox
Knox Group, The
List Price
$1,000,000
Sold Price
$750,000
Premium/Discount to List
-$250,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$412,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1976
Bought by
Ballard Thomas J and Ballard Bertha O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Red Tree Revocable Trust -- None Listed On Document
Red Tree Revocable Trust -- None Listed On Document
Little Red Tree Cre Llc $1,350,000 None Listed On Document
Palillo University Llc $750,000 None Available
Ballard Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Tree Revocable Trust $3,272,000
Closed Red Tree Revocable Trust $3,272,000
Previous Owner Palillo University Llc $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $750,000 -25.0% --
04/18/2020 04/18/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $1,000,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,539 $676,500 $676,500 --
2024 $4,539 $676,500 $676,500 --
2023 $4,539 $676,500 $676,500 --
2022 $2,565 $302,100 $302,100 $0
2021 $2,565 $302,100 $302,100 $0
2020 $2,565 $302,100 $302,100 $0
2019 $2,493 $302,100 $302,100 $0
2018 $3,566 $317,600 $317,600 $0
2017 $3,542 $317,600 $317,600 $0
2016 $3,437 $317,600 $317,600 $0
2015 $3,453 $317,600 $317,600 $0
2014 $3,396 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Buckstad

    Seller's Agent in 2021

    Nancy Buckstad

    EXP Realty LLC Mooresville

    (704) 957-3990

    3 in this area

    251 Total Sales

    Nancy Buckstad
    Section Image
  • Candy Gilder

    Seller Co-Listing Agent in 2021

    Candy Gilder

    EXP Realty LLC Mooresville

    (704) 451-2370

    3 in this area

    124 Total Sales

    Candy Gilder
    Section Image
  • Gary Knox

    Buyer's Agent in 2021

    Gary Knox

    Knox Group, The

    (704) 896-3549

    3 in this area

    22 Total Sales

    Gary Knox
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3592796

Canopy MLS (Canopy Realtor® Association)

APN: 007-162-17

North Carolina Mecklenburg County Davidson 28036

18647 Davidson-Concord Rd, Davidson, NC

Not Listed for Sale

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