NOT LISTED FOR SALE

188 Morrison Hill Rd Davidson, NC 28036

Estimated Value: $689,000 - $974,000

5 Beds
2.5 Baths
2,452 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $490,000 $200 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,064/month

6 Days on Market

Highlights

  • Open Floorplan
  • Pond
  • Wood Flooring
  • Davidson Elementary School Rated A-
  • Wooded Lot
  • Walk-In Pantry

About This Home

As of August 2018

Beautiful 5 BR, 2.5 Bath home on the only cul-de-sac street in McConnell! One of the largest lots (0.5 acres). Home backs up to woods and is adjacent to the neighborhood pond and walking trail. Accessible to the neighborhood, yet very private. Professional landscaping, deck, and attached two-car garage. Exterior painted in 2016. Energy efficient windows, hardwood floors, and 9ft ceilings. Fifth bedroom is being used as a Bonus room. Neighborhood has two playgrounds and is walkable to Main Street and Davidson College.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 07/23/2018

Keller Williams Lake Norman

Co-Listed By

Jim Richards

Keller Williams Lake Norman License #270309

Last Buyer's Agent

Ty Chapman

Lake Norman Realty, Inc. License #272711

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Walk-In Pantry

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Pond

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-311-63

Community Details

Overview

  • Hawthorne Mgmt Company Association
  • Built by Saussy Burbank

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98098
  • Ratio Close Price By Original Li: 0.96457
  • Ratio Current Price By Acre: 980000.00
  • Ratio Current Price By Sq Ft: 199.84
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1439
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Drapes, brackets,rods, light in girl's room
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1013
  • Total Sq Ft: 2452
  • Sq Ft Unheated Main: 471
  • Sq Ft Unheated Total: 471

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available, Satellite Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, On-Street Parking, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Pond, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Mgmt Company
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 30x179x115x124x190
  • Lot Features: Cul-de-sac Lot, Level, Paved Frontage, Trees, Wooded
  • Parcel Number: 003-311-63
  • Zoning Specification: VIP

Building Info

  • Builder Name: Saussy Burbank

Tax Info

  • Tax Value: 299100.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 27, 2018
Sold by
Lemons James Christopher and Lemons Kerry Martin
Bought by
Rivchun Alexander P and Langan Rachel E
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Ty Chapman
Lake Norman Realty, Inc.
List Price
$508,000
Sold Price
$490,000
Premium/Discount to List
-$18,000
-3.54%
Current Estimated Value
$870,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,239
Avg. Annual Appreciation
8.22%
Original Mortgage
$392,000
Outstanding Balance
$341,143
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$529,096

Purchase Details

Closed on
Apr 22, 2013
Sold by
Phocas Robert J and Mangan Jane E
Bought by
Lemons James Christopher and Lemons Kerry Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2004
Sold by
Woodhouse Christopher G and Woodhouse Lucy S
Bought by
Phocas Robert J and Mangan Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Russell Steven M and Russell Susan G
Bought by
Woodhouse Christopher G and Woodhouse Lucy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Kloczko James V and Carroll Kathleen
Bought by
Russell Steven M and Russell Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
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
Rivchun Alexander P $490,000 None Available
Lemons James Christopher $364,500 None Available
Phocas Robert J $280,000 --
Woodhouse Christopher G $258,000 --
Russell Steven M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivchun Alexander P $392,000
Previous Owner Lemons James Christopher $332,000
Previous Owner Phocas Robert J $223,600
Previous Owner Woodhouse Christopher G $206,400
Previous Owner Russell Steven M $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $490,000 -1.9% $200 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $499,500 -1.7% $204 / Sq Ft
07/23/2018 07/23/18 For Sale $508,000 -- $207 / 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 $5,592 $739,900 $380,000 $359,900
2024 $5,592 $739,900 $380,000 $359,900
2023 $5,513 $739,900 $380,000 $359,900
2022 $4,150 $436,400 $165,000 $271,400
2021 $4,198 $436,400 $165,000 $271,400
2020 $4,198 $436,400 $165,000 $271,400
2019 $4,192 $436,400 $165,000 $271,400
2018 $3,738 $299,100 $100,000 $199,100
2017 $3,712 $299,100 $100,000 $199,100
2016 $3,708 $299,100 $100,000 $199,100
2015 $3,705 $299,100 $100,000 $199,100
2014 $3,703 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3415960

Canopy MLS (Canopy Realtor® Association)

APN: 003-311-63