NOT LISTED FOR SALE

18825 River Falls Dr Davidson, NC 28036

Estimated Value: $1,643,008 - $2,304,000

5 Beds
7 Baths
7,025 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,150,000 $164 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,436/month

110 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Davidson Elementary School Rated A-
  • Golf Course View
  • Clubhouse

About This Home

As of February 2022

Beautiful, Stately, All Brick, 2 Story/Basement, GOLF COURSE (9th tee box) Home w/3 car garage located on nearly half acre lot in highly desirable River Run community of Davidson! Easy, short walk to River Run Club House! Home is perfectly located close to front of community w/large, expansive road entry! Grand, Impressive, 2 Story Foyer features gleaming hardwood floors & flows into OPEN PLAN w/plenty of architectural details & extensive millwork! Formal Dining & Living Room! 2 Story Great Room w/gas fireplace, offers massive windows to showcase perfect Golf Course Views, while enjoying privacy & shade w/mature trees! Custom, Gourmet Kitchen offers quartz counters, stainless steel appliances, gas cook top, custom tile back splash, spacious breakfast area & more! Keeping Room w/wood burning fireplace! Butler's Pantry! Spacious Primary Bedroom on main features private bath & his & her walk in closets w/custom shelving/cabinetry! Spacious, Secondary, en suite Bedrooms on upper level!

Last Agent to Sell the Property

Matt Sarver

Keller Williams Lake Norman Brokerage Email: Matt@TheSarverGroup.com License #234447 Listed on: 10/01/2021

Keller Williams Lake Norman

Last Buyer's Agent

Lynne Verhagen

Berkshire Hathaway HomeServices Carolinas Realty License #280835

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,616

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Property is zoned PUD

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage

Home Design

  • Transitional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Keeping Room with Fireplace
  • Golf Course Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-352-13

Community Details

Overview

  • First Service Residential Association, Phone Number (855) 546-9462
  • River Run Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,616

Year Built

Built in 1993

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1993
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 163.70
  • Attribution Contact: Matt@TheSarverGroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Attic Walk In, Breakfast Bar, Built-in Features, Cable Prewire, Central Vacuum, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2949
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1783
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven
  • Above Grade Finished Sq Ft: 4732
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2293
  • Fireplace Features: Fire Pit, Gas Log, Great Room, Keeping Room, Living Room, Wood Burning
  • Living Area: 7025
  • Bedroom Main: 1
  • Room Count: 19
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Golf Course
  • Exclusions: wall mounted TV's
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 717
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Faces Side

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Security System
  • Cooling: Ceiling Fan(s), Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Outdoor Pool, Playground, Pond, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Service Residential
  • Phone: 855-546-9462
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 750.00

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, On Golf Course, Private, Wooded
  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 007-352-13
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20037
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

Green Features

  • Green Verification Count: 1

Rental Info

  • Hold Date: 2022-01-16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Feb 12, 2022
Sold by
Gordon Norman J and Gordon Sarah G
Bought by
Duran Lelanya Opal and Duran Joseph Eugene
Seller's Agent
Matt Sarver
Keller Williams Lake Norman
Buyer's Agent
Lynne Verhagen
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$1,399,900
Sold Price
$1,150,000
Premium/Discount to List
-$249,900
-17.85%
Current Estimated Value
$1,968,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,502
Avg. Annual Appreciation
13.36%
Original Mortgage
$862,500
Outstanding Balance
$802,420
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$996,930

Purchase Details

Closed on
May 29, 2003
Sold by
Thornton Gordon L
Bought by
Gordon Norman J and Gordon Sarah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2000
Sold by
Rakes Jeffrey E and Rakes Mary F
Bought by
Thornton Gordon L and Thornton Sharman S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,967
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Smith Bryan L
Bought by
Rakes Jeffrey E and Rakes Mary Alice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,840
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Duran Lelanya Opal $1,150,000 Lutzel Broadway & Associates P
Gordon Norman J $685,000 --
Thornton Gordon L $659,000 --
Rakes Jeffrey E $618,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Lelanya Opal $862,500
Previous Owner Gordon Norman J $150,000
Previous Owner Gordon Norman J $373,850
Previous Owner Gordon Norman J $75,000
Previous Owner Gordon Norman J $417,000
Previous Owner Gordon Norman J $50,000
Previous Owner Gordon Norman J $500,000
Previous Owner Thornton Gordon L $20,081
Previous Owner Thornton Gordon L $20,000
Previous Owner Thornton Gordon L $533,967
Previous Owner Rakes Jeffrey E $125,000
Previous Owner Rakes Jeffrey E $481,840
Closed Rakes Jeffrey E $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,150,000 0.0% $164 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/16/2022 01/16/22 Off Market $1,150,000 -- --
01/03/2022 01/03/22 Price Changed $1,249,999 -5.3% $178 / Sq Ft
10/23/2021 10/23/21 Price Changed $1,319,900 -5.7% $188 / Sq Ft
10/01/2021 10/01/21 For Sale $1,399,900 -- $199 / 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 $10,616 $1,410,500 $228,000 $1,182,500
2024 $10,616 $1,410,500 $228,000 $1,182,500
2023 $9,937 $1,338,400 $228,000 $1,110,400
2022 $8,201 $866,500 $190,000 $676,500
2021 $8,099 $866,500 $190,000 $676,500
2020 $8,099 $866,500 $190,000 $676,500
2019 $8,093 $866,500 $190,000 $676,500
2018 $8,450 $700,800 $160,000 $540,800
2017 $8,394 $700,800 $160,000 $540,800
2016 $8,391 $700,800 $160,000 $540,800
2015 $8,387 $700,800 $160,000 $540,800
2014 $8,385 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3786776

Canopy MLS (Canopy Realtor® Association)

APN: 007-352-13