NOT LISTED FOR SALE

242 S Faulkner Way Davidson, NC 28036

Estimated Value: $607,000 - $681,000

3 Beds
2.5 Baths
2,036 Sq Ft
$233/mo HOA Fee

Last Sold November 30, 2018

Last sale price $370,000 $182 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,075/month

142 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attached Garage
  • Davidson Elementary School Rated A-
  • Attic
  • Community Playground

About This Home

As of November 2018

Premiere location overlooking Faulkner Square Park in the Old Davidson neighborhood at St. Albans. Relax on one of the double front porches or in the enclosed brick-paved courtyard. Walk to shops, restaurants, the Farmer's Market and events at the Village Green and Davidson College. This three bedroom, two and one-half bath townhome has been meticulously maintained by the original owner. Spacious main level master suite with dual walk-in closets, double vanity and garden tub. Upstairs features two bedrooms, one full bath, loft, and plentiful walk-in storage. Over the two-car garage is a second living quarters with an additional 538 square feet of living space including a great room, kitchen, bedroom and full bath. These "casitas" are popular in the neighborhood as home offices, guest suites or rentable apartments. For more information on this award-winning community, visit www.stalbanssq.org.

Last Agent to Sell the Property

Reed Jackson

Ivester Jackson Properties License #212564 Listed on: 06/21/2018

Co-Listed By

Julie Lopez

Ivester Jackson Properties License #212979

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman License #246140

Keller Williams Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 2,614

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 003-157-05

Community Details

Overview

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

Recreation

  • Community Playground
  • Dog Park
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92732
  • Ratio Close Price By Original Li: 0.87079
  • Ratio Current Price By Acre: 6166666.67
  • Ratio Current Price By Sq Ft: 181.73
  • Unit Floor Level: 1
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 572
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Walk-in, Built-Ins, Garden Tub, Kitchen Island
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Exterior Connected
  • Sq Ft Additional: 538
  • Main Level Sq Ft: 1464
  • Total Sq Ft: 2036
  • Sq Ft Unheated Main: 531
  • Sq Ft Unheated Total: 531

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Assigned Parking Space - 1, Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 233.00
  • Association Fee Frequency: Monthly
  • Complex Name: Old Davidson
  • HOA Management Company: Main Street Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: Irregular
  • Lot Size Area: 0.060
  • Parcel Number: 003-157-05
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 318200.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Nov 30, 2018
Sold by
Whitt Harold R and Whitt Sylvia H
Bought by
Kopchick Samuel J and Kopchick Colleen A
Seller's Agent
Reed Jackson
Ivester Jackson Properties
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$424,900
Sold Price
$370,000
Premium/Discount to List
-$54,900
-12.92%
Current Estimated Value
$649,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,747
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Mar 25, 2002
Sold by
The Cunnane Group Inc
Bought by
Whitt Harold R and Whitt Sylvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.86%
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
Kopchick Samuel J $370,000 None Available
Whitt Harold R $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitt Harold R $87,795
Previous Owner Whitt Harold R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $370,000 -7.3% $182 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $399,000 -2.4% $196 / Sq Ft
08/30/2018 08/30/18 Price Changed $409,000 -3.7% $201 / Sq Ft
06/21/2018 06/21/18 For Sale $424,900 -- $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
2024 -- $529,800 $105,000 $424,800
2023 $3,624 $529,800 $105,000 $424,800
2022 $3,624 $399,600 $105,000 $294,600
2021 $3,624 $399,600 $105,000 $294,600
2020 $3,591 $396,000 $105,000 $291,000
2019 $4,060 $396,000 $105,000 $291,000
2018 $3,962 $318,200 $60,000 $258,200
2017 $3,934 $318,200 $60,000 $258,200
2016 $3,931 $318,200 $60,000 $258,200
2015 $3,927 $318,200 $60,000 $258,200
2014 $3,925 $341,300 $60,000 $281,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3399078

Canopy MLS (Canopy Realtor® Association)

APN: 003-157-05