NOT LISTED FOR SALE

205 Lorimer Rd Davidson, NC 28036

Estimated Value: $906,000 - $1,463,000

3 Beds
2.5 Baths
2,215 Sq Ft
$515/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $689,000 $311 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,373/month

Highlights

  • Greenhouse
  • Traditional Architecture
  • Terrace
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Mary Beaty Tot Lot

About This Home

As of April 2019

Built as the home of the 13th president of Davidson College and former residence of a US Ambassador, this historically significant Davidson property is in a prime location approximately one block from Main St and Davidson College. With a major renovation in the last several years, the gracious home features a generous foyer, highlighted by interior stained glass windows, and spacious living and dining rooms, ideal for entertaining. Beautiful hardwood floors, fireplace with stone surround and custom walnut mantle. Remodeled kitchen with high-end custom cabinetry, stainless appliances, bar sink, and cork flooring. Original bedrooms two and three are being used as a master suite with study, renovated bath, dressing room, and walk-in closet. Light-filled breakfast nook, sunroom and brick patio overlook a backyard paradise with lovely plantings, paths, 178 square foot workshop/studio and greenhouse. In the attic, there is 340 square feet of floored storage and a cedar closet.

Last Agent to Sell the Property

Julie Lopez

Ivester Jackson Properties License #212979 Listed on: 03/27/2019

Last Buyer's Agent

Mike Kessler

TSG Residential License #214998

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.4

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Cork
  • Tile

Outdoor Features

  • Terrace
  • Greenhouse
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 00701203, 00701215

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.01473
  • Ratio Close Price By Original Li: 1.01473
  • Ratio Current Price By Acre: 1722500.00
  • Ratio Current Price By Sq Ft: 311.06
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Gas Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Foyer, dining and breakfast room light fixtures
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Cork, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 178
  • Main Level Sq Ft: 2215
  • Total Sq Ft: 2215
  • Sq Ft Unheated Main: 246
  • Sq Ft Unheated Total: 246

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built
  • Exterior Features: Greenhouse, Shed(s), Terrace

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Size Area: 0.400
  • Parcel Number: 00701203, 00701215
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 501000.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Trustees Of Davidson College
Bought by
Gonzalez Melissa M and Omalley Meaghan Catherine
Total Days on Market
0
Current Estimated Value
$1,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$276,572
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$829,095

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 2, 2019
Sold by
Crawford Evalyn L and Crawford Van H
Bought by
The Trustee Of Davidson College
Seller's Agent
Julie Lopez
Ivester Jackson Properties
Buyer's Agent
Mike Kessler
TSG Residential
List Price
$679,000
Sold Price
$689,000
Premium/Discount to List
$10,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Aug 15, 2007
Sold by
Perry Jack R and Perry Elizabeth S
Bought by
Crawford Evalyn L and Crawford Van H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Gonzalez Melissa M $350,000 None Listed On Document
The Trustee Of Davidson College $689,000 None Available
Crawford Evalyn L $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Melissa M $280,000
Previous Owner Van H Crawford Revocable Trust $249,000
Previous Owner Crawford Van Hale $250,000
Previous Owner Perry Jack Richard $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $689,000 +1.5% $311 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $679,000 -- $307 / 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
2024 $45 $748,600 $452,300 $296,300
2023 $45 $748,600 $452,300 $296,300
2022 $40 $501,100 $300,000 $201,100
2021 $241 $501,100 $300,000 $201,100
2020 $241 $501,100 $300,000 $201,100
2019 $4,779 $501,100 $300,000 $201,100
2018 $5,165 $420,800 $240,000 $180,800
2017 $5,130 $420,800 $240,000 $180,800
2016 $5,127 $420,800 $240,000 $180,800
2015 $5,123 $420,800 $240,000 $180,800
2014 $5,121 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3488440

Canopy MLS (Canopy Realtor® Association)

APN: 007-012-03A