NOT LISTED FOR SALE

241 N Faulkner Way Davidson, NC 28036

Estimated Value: $609,000 - $694,000

3 Beds
2.5 Baths
2,238 Sq Ft
$265/mo HOA Fee

Last Sold February 13, 2020

Last sale price $335,000 $150 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,107/month

219 Days on Market

Highlights

  • Traditional Architecture
  • Recreation Facilities
  • Walk-In Closet
  • Davidson Elementary School Rated A-
  • Fireplace
  • 3-minute walk to Forest Park Playground

About This Home

As of February 2020

This outstanding townhouse is in one of the highest ranked suburbs in America for quality of life and in one of the most sought after neighborhoods in Davidson! It is also situated right on beautiful Faulkner Square where you can drink your morning coffee under the arbor! Many upgrades including granite counters in kitchen, quartz counters in master bath, low maintenance tiled floors and gas logs. Extra space upstairs with a finished bonus room. Gorgeous patio! Many playgrounds , parks and an off leash dog park! Enjoy all the perks of living in small town Davidson - boutique shopping, award winning restaurants, great schools, Davidson College campus and arts/sporting events, Concerts on the Green, etc. Fun and relaxation on Lake Norman is only a short drive away. Great property!

Last Listed By

Beth Sullivan

Allen Tate Davidson License #182487 Listed on: 05/24/2019

Allen Tate Davidson

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 2,614

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 003-157-51

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266

Recreation

  • Recreation Facilities
  • Community Playground
  • Dog Park
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.90565
  • Ratio Close Price By Original Li: 0.88181
  • Ratio Current Price By Acre: 5403225.81
  • Ratio Current Price By Sq Ft: 149.69
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 749
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: CO Detector, Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704 255 1266
  • Interior Amenities: Attic Other, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1489
  • Total Sq Ft: 2238
  • Sq Ft Unheated Total: 68
  • Sq Ft Unheated Upper: 68

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Recreation Area, Sidewalk, Walking Trails
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Complex Name: Old Davidson
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.062
  • Parcel Number: 003-157-51
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 276300.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Feb 13, 2020
Sold by
Griffith John and Griffith Nancy
Bought by
Mcclure Richard Alan and Mcclure Luisa Bottoni
Seller's Agent
Beth Sullivan
Allen Tate Davidson
Buyer's Agent
Ashley Hudler
Allen Tate Davidson
List Price
$379,900
Sold Price
$335,000
Premium/Discount to List
-$44,900
-11.82%
Total Days on Market
219
Current Estimated Value
$634,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,041
Avg. Annual Appreciation
12.18%
Original Mortgage
$150,000
Outstanding Balance
$134,501
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$480,824

Purchase Details

Closed on
May 6, 2003
Sold by
The Cunnane Group Inc
Bought by
Marrett Phillip E and Marrett Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

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
Mcclure Richard Alan $335,000 None Available
Marrett Phillip E $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Richard Alan $150,000
Previous Owner Marrett Phillip E $166,687
Previous Owner Marrett Phillip E $189,200
Previous Owner Marrett Phillip E $35,475
Closed Marrett Phillip E $35,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $335,000 -9.4% $150 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $369,900 -1.3% $165 / Sq Ft
07/26/2019 07/26/19 Price Changed $374,900 -1.3% $168 / Sq Ft
05/24/2019 05/24/19 For Sale $379,900 -- $170 / 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
2023 $3,518 $469,900 $105,000 $364,900
2022 $3,488 $366,100 $105,000 $261,100
2021 $3,561 $366,100 $105,000 $261,100
2020 $3,561 $366,100 $105,000 $261,100
2019 $3,555 $366,100 $105,000 $261,100
2018 $3,470 $276,300 $60,000 $216,300
2017 $3,446 $276,300 $60,000 $216,300
2016 -- $276,300 $60,000 $216,300
2015 $3,439 $276,300 $60,000 $216,300
2014 $3,437 $295,700 $60,000 $235,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3509673

Canopy MLS (Canopy Realtor® Association)

APN: 003-157-51