NOT LISTED FOR SALE

18901 Gainesway Ct Davidson, NC 28036

Estimated Value: $1,347,000 - $1,743,000

5 Beds
4 Baths
4,193 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $872,500 $208 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,869/month

2 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Davidson Elementary School Rated A-
  • In Ground Pool
  • Community Lake

About This Home

As of November 2020

Lovely ranch home with views of the water and 1st fairway at River Run Country Club! Study with built-ins and direct access to full bath. Vaulted great room has built-ins, wet bar, gas fireplace and open to spacious kitchen...granite counters, island, prep sink, breakfast bar...more. Master suite on main. Master Bath has double vanities, granite counters, heated floors. Walk out lower level has 4 bedrooms and 2 baths...bonus room with fireplace. Large laundry room with dog wash station. High ceilings and crown molding throughout. Workshop in basement. Exterior painted and new garage doors in 2018. Tankless recirculating water heater in 2015. Roof in 2009. AC units (2) replaced in 2017. Fabulous outdoor living with upper terrace and spiral staircase to covered patio... overlooking a beautiful saltwater pool...ready for entertaining! Irrigation. 3 car garage with 9 ft doors. Golf, swim and tennis require River Run Country Club membership.

Last Agent to Sell the Property

Jill Lake

Keller Williams Lake Norman License #183426 Listed on: 09/11/2020

Keller Williams Lake Norman

Last Buyer's Agent

Michael Orlando

TSG Residential License #236972

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Corner Lot
  • Irrigation

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Insulated Windows
  • Pocket Doors
  • Bonus Room with Fireplace
  • Tile Flooring
  • Laundry Chute

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Whirlpool Bathtub

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • In Ground Pool
  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 007-331-05

Community Details

Overview

  • First Service Residential Association, Phone Number (704) 527-2314
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.99714
  • Ratio Close Price By Original Li: 0.99714
  • Ratio Current Price By Acre: 1228873.24
  • Ratio Current Price By Sq Ft: 208.08
  • Year Built: 1994
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Concrete
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Pocket Doors
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Exhaust Fan, Exhaust Hood, Ice Maker Connection, Microwave, Self Cleaning Oven, Trash Compactor, Wall Oven, Warming Drawer
  • Fireplace Description: Bonus Room, Gas Logs, Gas Vented, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-527-2314
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Built-Ins, Kitchen Island, Laundry Chute, Open Floorplan, Walk-In Pantry, Wet Bar, Whirlpool
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1904
  • Main Level Sq Ft: 2289
  • Total Sq Ft: 4193
  • Sq Ft Unheated Basement: 416
  • Sq Ft Unheated Total: 416

Exterior Features

  • Construction: Stone Veneer, Synthetic Stucco
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Pool-In-Ground, Terrace

Garage/Parking

  • Driveway: Circular, Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry, 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: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Playground, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Davidson
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Corner Lot, Golf Course View, Water view
  • Lot Size Area: 0.710
  • Parcel Number: 007-331-05
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 588900.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 9, 2020
Sold by
Willhite William E and Willhite Lynnie E
Bought by
Phillips Chad and Phillips Sarah Archer
Seller's Agent
Jill Lake
Keller Williams Lake Norman
Buyer's Agent
Michael Orlando
TSG Residential
List Price
$875,000
Sold Price
$872,500
Premium/Discount to List
-$2,500
-0.29%
Current Estimated Value
$1,530,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,362
Avg. Annual Appreciation
12.08%
Original Mortgage
$510,000
Outstanding Balance
$454,642
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,076,220

Purchase Details

Closed on
Jun 2, 2006
Sold by
Weir Brian K and Weir Hara O
Bought by
Willhite William E and Willhite Lynnie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Phillips Chad $872,500 Master Title Agency Llc
Willhite William E $777,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Chad $510,000
Previous Owner Willhite William E $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $872,500 -0.3% $208 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $875,000 -- $209 / 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 $8,277 $1,299,900 $210,000 $1,089,900
2024 $8,277 $1,098,300 $210,000 $888,300
2023 $8,162 $1,098,300 $210,000 $888,300
2022 $6,820 $719,900 $170,000 $549,900
2021 $6,769 $719,900 $170,000 $549,900
2020 $5,581 $588,900 $170,000 $418,900
2019 $5,575 $588,900 $170,000 $418,900
2018 $7,796 $645,000 $110,000 $535,000
2017 $7,744 $645,000 $110,000 $535,000
2016 $7,740 $675,200 $110,000 $565,200
2015 $8,089 $675,200 $110,000 $565,200
2014 $8,087 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3660577

Canopy MLS (Canopy Realtor® Association)

APN: 007-331-05