NOT LISTED FOR SALE

19205 Shearer Rd Davidson, NC 28036

Estimated Value: $1,668,000 - $1,976,000

1 Acres
$1,871,288 Price per Acre
43,647 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $275,000

Est. 582% increase in value since last sale

Current estimated payment $10,573/month

290 Days on Market

About This Lot

As of March 2022

HOMEBUYERS AND DEVELOPERS LOOKING FOR DAVIDSON -- back on market, no fault of Seller. This 1+ acre lot is ready for all sorts of possibilities. A single family home or duplex may be built by right, and a triplex or quadruplex may be built after appearing before the Davidson Design Review Board (DRB). This property is being sold separately but there are also two adjacent 1+ acre lots on Shearer Rd that the Seller prefers to sell along with this lot. The properties are buffered by land owned by the River Run Property Owner's Association. Only minutes from Downtown, historic Davidson and close to River Run Golf & Country Club.

Last Agent to Sell the Property

Scott Knox

Scott Knox Properties LLC License #161703 Listed on: 12/11/2020

Last Buyer's Agent

Michelle Hovey

COMPASS License #275544

COMPASS

Property Details

Property Type

  • Land

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot
  • Open Lot
  • Possible uses of the property include Multi-Family, Private Estate, Residential
  • Property is zoned R-10, RPA

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 007-241-12

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 267770.20
  • Restrictions: No Representation
  • Road Frontage Type: County Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Multi-Family, Private Estate, Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Other, None
  • Water Source: Other, None

Schools

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

Lot Info

  • Lot Features: Level, Open Lot, Paved
  • Lot Size Units: Acres
  • Parcel Number: 007-241-12
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Cleared Acres: 1.00
  • Zoning Description: RPA

Tax Info

  • RATIO List Price By Tax Amount: 3.26633

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 23, 2022
Sold by
Davidsons Edge Llc
Bought by
Winchester Kyle and Winchester Christine
Seller's Agent
Scott Knox
Scott Knox Properties LLC
Buyer's Agent
Michelle Hovey
COMPASS
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$1,875,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600,031
Avg. Annual Appreciation
64.22%
Original Mortgage
$971,700
Outstanding Balance
$903,814
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$971,217

Purchase Details

Closed on
Jul 17, 2006
Sold by
Mcknight Gail Bostian and Mcknight James E
Bought by
Davidsons Edge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Winchester Kyle $275,000 Baker Law Office Pllc
Davidsons Edge Llc $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winchester Kyle $971,700
Previous Owner Davidsons Edge Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $275,000 -15.4% --
09/28/2021 09/28/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $325,000 0.0% --
02/22/2021 02/22/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $325,000 -- --
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 $9,222 $1,433,700 $259,900 $1,173,800
2024 $9,222 $1,367,200 $259,900 $1,107,300
2023 $9,222 $259,900 $259,900 --
2022 $828 $97,500 $97,500 $0
2021 $828 $97,500 $97,500 $0
2020 $828 $97,500 $97,500 $0
2019 $804 $97,500 $97,500 $0
2018 $561 $50,000 $50,000 $0
2017 $558 $50,000 $50,000 $0
2016 $541 $50,000 $50,000 $0
2015 $544 $50,000 $50,000 $0
2014 $535 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3687003

Canopy MLS (Canopy Realtor® Association)

APN: 007-241-10