NOT LISTED FOR SALE

18916 River Falls Dr Davidson, NC 28036

Estimated Value: $2,724,000 - $3,414,000

5 Beds
9 Baths
8,107 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $1,950,000 $241 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $17,018/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Marble Flooring
  • Walk-In Pantry
  • Davidson Elementary School Rated A-
  • Corner Lot
  • Attached Garage

About This Home

As of August 2020

Beautiful two year old Architecturally designed home that sits on two lots in the heart of the River Run Golf Course Community, that has spectacular views of the #2 fairway and green. This 5 Bedroom, 7.5 bath Custom built home, has hardwood floors and marble/granite counter tops in all areas, with custom built-in's, lighting, and finishing's throughout. Enjoy the incredible screened-in outdoor living space, with a fireplace/TV, dining and sitting areas, that allows the homeowner to enjoy this year round, with exquisite views of the golf course. There is a total of 10,062 Sq Ft under roof.

Last Agent to Sell the Property

Joseph Kendrick

USRealty.com, LLP License #273853 Listed on: 07/08/2020

Last Buyer's Agent

Kim Patel

Southern Homes of the Carolinas, Inc License #317826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Corner Lot
  • Irrigation

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Walk-In Pantry

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Community Details

  • River Run Association

Listing and Financial Details

  • Assessor Parcel Number 007-322-33

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0.93 Acres

HOA Fees

$63 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97500
  • Ratio Close Price By Original Li: 0.97500
  • Ratio Current Price By Acre: 2096774.19
  • Ratio Current Price By Sq Ft: 240.53
  • Year Built: 1993
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Upper Level Sq Ft: 3687
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Disposal, Double Oven, Freezer, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Cable Available, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 833
  • Main Level Sq Ft: 4420
  • Total Sq Ft: 8107

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 4+ Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: River Run
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 007-322-33
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 1385300.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 13, 2020
Sold by
Majors Gary L and Majors Jennifer Majors
Bought by
Jain Manish and Jain Deanna
Seller's Agent
Joseph Kendrick
USRealty.com, LLP
Buyer's Agent
Kim Patel
Southern Homes of the Carolinas, Inc
List Price
$1,999,998
Sold Price
$1,950,000
Premium/Discount to List
-$49,998
-2.5%
Current Estimated Value
$3,000,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,050,930
Avg. Annual Appreciation
8.03%
Original Mortgage
$1,560,000
Outstanding Balance
$1,383,830
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,617,100

Purchase Details

Closed on
Dec 16, 2015
Sold by
Perry William E and Perry Susan B
Bought by
Majors Cary L and Majors Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1996
Sold by
Andrews Richard F and Andrews Nancy A
Bought by
Perry William E
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
Jain Manish $1,950,000 Austin Title Llc
Majors Cary L $150,000 None Available
Majors Cary L $670,000 None Available
Perry William E $412,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Manish $1,560,000
Previous Owner Majors Cary L $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $1,950,000 -2.5% $241 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,999,998 -- $247 / Sq Ft
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 $16,087 $2,177,030 $456,000 $1,721,030
2024 $16,087 $2,140,900 $456,000 $1,684,900
2023 $14,315 $2,368,900 $684,000 $1,684,900
2022 $14,315 $1,515,600 $342,000 $1,173,600
2021 $13,985 $1,515,600 $342,000 $1,173,600
2020 $12,563 $1,385,300 $342,000 $1,043,300
2019 $12,563 $1,385,300 $342,000 $1,043,300
2018 $13,633 $613,500 $288,000 $325,500
2017 $7,152 $613,500 $288,000 $325,500
2016 $8,127 $550,200 $160,000 $390,200
2015 $6,632 $550,200 $160,000 $390,200
2014 $6,630 $0 $0 $0
Source: Public Records

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3638661

Canopy MLS (Canopy Realtor® Association)

APN: 007-322-33

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