NOT LISTED FOR SALE

243 N Faulkner Way Davidson, NC 28036

Estimated Value: $616,000 - $841,000

3 Beds
2.5 Baths
2,165 Sq Ft
$233/mo HOA Fee

Last Sold July 11, 2018

Last sale price $399,000 $184 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,354/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • End Unit
  • Davidson Elementary School Rated A-
  • Attic
  • 3-minute walk to Forest Park Playground

About This Home

As of July 2018

Lovely 3BR/2.5BA end unit.

Last Listed By

Jill Lake

Keller Williams Lake Norman License #183426 Listed on: 06/07/2018

Keller Williams Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • End Unit

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 003-157-52

Community Details

Overview

  • Main Street Management Association
  • Built by Cunnane

Recreation

  • Community Playground
  • Dog Park

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 5541666.67
  • Ratio Current Price By Sq Ft: 184.30
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 623
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • 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
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Built-Ins, Garden Tub, Kitchen Island
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1542
  • Total Sq Ft: 2165

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Back Load Garage, Garage - 2 Car, Garage Door Opener

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, Sidewalk, Street Lights
  • Association Fee: 233.00
  • Association Fee Frequency: Monthly
  • Complex Name: Old Davidson
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: End Unit
  • Lot Size Area: 0.072
  • Parcel Number: 003-157-52
  • Plat Reference Section Pages: 36
  • Zoning Specification: VIP

Building Info

  • Builder Name: Cunnane

Tax Info

  • Tax Value: 281500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 26, 2018
Sold by
Tolmie Joan Hamlin
Bought by
Deering James W and Deering Judith A
Seller's Agent
Jill Lake
Keller Williams Lake Norman
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$399,000
Sold Price
$399,000
Total Days on Market
0
Current Estimated Value
$680,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,775
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Dec 16, 2009
Sold by
Richards Norman S and Richards Zelime D
Bought by
Tolmie John D and Tolmie Joan Hamlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
The Cunnane Group Inc
Bought by
Richards Norman S and Richards Zelime D

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Davidson, NC

  • 921 Northeast Dr Unit 39, Davidson, NC 28036

    $535,000

    • 3 Beds
    • 2 Baths
    • 1,381 Sq Ft
    • 921 Northeast Dr
    • Unit 39
    • Davidson, NC

    Waterfront, Penthouse, 3 Bedroom, 2 Bath condo with detached garage & covered, private, back porch, perfectly located in the heart of historic Davidson! Spinnaker Reach is an amenity rich community in Davidson with elevators for convenience, community pool, kayak stations, sidewalks for ease & this unit comes with a 1 Car, Detached Garage! Vaulted, Open, Bright & Airy Plan with lake views from

    Matt Sarver Keller Williams Lake Norman

    Section Image
  • 815 Jetton St Unit 14C, Davidson, NC 28036

    $650,000

    • 3 Beds
    • 3 Baths
    • 1,854 Sq Ft
    • 815 Jetton St
    • Unit 14C
    • Davidson, NC

    Live the Davidson lifestyle - lake days, live music, local eats, and everything walkable. This rare townhome-style condo (1 of only 15 in Harbour Place) is right across from Lake Davidson Nature Preserve, with kayak/paddleboard access and scenic trails just outside your door. Inside, tall windows and soaring ceilings flood the 2-story great room with light. The kitchen has granite counters, a

    Chad Hendrix Hendrix Properties

    Section Image
  • 930 Jetton St, Davidson, NC 28036

    $675,000

    • 3 Beds
    • 2 Baths
    • 1,367 Sq Ft
    • 930 Jetton St
    • Davidson, NC

    Waterfront luxury! This stunning ground-level unit at Spinnaker Point overlooks peaceful Lake Davidson. Enjoy entertaining with the large, open floor plan with upgraded kitchen. The unit flows right through to the expansive back patio with sweeping lake and pool views. This home has many updates: Spa-like Primary Bathroom with Custom Closet System, Upgraded Doors and Trim, Custom Roller Shades

    Elizabeth Connor Stewart Keller Williams Ballantyne Area

    Section Image
  • 921 Northeast Dr, Davidson, NC 28036

    $572,500

    • 3 Beds
    • 2 Baths
    • 1,399 Sq Ft
    • 921 Northeast Dr
    • Davidson, NC

    Stunning Waterfront END UNIT Condo TURNKEY & Ready for you! Spinnaker Reach Complex in Davidson boasts the Ultimate in Amenities w/Elevators, Boat-slips, Community Pool, Kayak Station, Sidewalks, Street lights & this Unit comes w/a 1 Car Garage! 2nd Floor Condo has been completely updated over the last 4 years. Beautiful Covered Private Porch is so inviting before entering the front door. Walk

    Cherie Burris RE/MAX Executive

    Section Image
  • 1341 Torrence Cir Unit 32, Davidson, NC 28036

    $535,000

    • 2 Beds
    • 2 Baths
    • 1,209 Sq Ft
    • 1341 Torrence Cir
    • Unit 32
    • Davidson, NC

    WATERFRONT, SECOND FLOOR END UNIT! This open floor plan condo is move in ready. Primary bedroom features dual walk in closets, bathroom features garden tub, stand-up shower and dual vanity. HVAC/Furnace replaced in 2016. Water Heater replaced in 2025. A Storage room located outside condo. Community amenities include pool, tennis & pickleball and basket ball courts, walking/fitness trails,

    Kara Gilchrist Southern Homes of the Carolinas, Inc

    Section Image
  • 1211 Torrence Cir, Davidson, NC 28036

    $695,000

    • 3 Beds
    • 2 Baths
    • 1,365 Sq Ft
    • 1211 Torrence Cir
    • Davidson, NC

    Live the simple, carefree lake life in this fully furnished 3 bedrooms, 2 bath condo in the Newport community of Davidson Landing! Experience water views and gorgeous sunsets from your private balcony. The open concept living space is filled with natural light and features vaulted ceilings, wood floors, and a cozy gas fireplace. The Euro-style kitchen is complete with sleek cabinetry, leathered

    Lisa Haislip Ivester Jackson Distinctive Properties

    Section Image
  • 1033 Southwest Dr Unit III33, Davidson, NC 28036

    $559,000

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1033 Southwest Dr
    • Unit III33
    • Davidson, NC

    Waterfront Davidson Landing! Stunning end-unit condo in the highly sought-after South Harbortowne complex—offering breathtaking views of Lake Norman and overlooking the community pool. This top-floor 2 bed, 2 bath unit features a split floor plan for added privacy and showcases Brazilian cherry hardwood floors throughout. The updated kitchen boasts white cabinetry, granite countertops, stainless

    Kandi Lowe Realty One Group Revolution

    Section Image
  • 1008 Southwest Dr Unit 8, Davidson, NC 28036

    $785,000

    • 3 Beds
    • 3 Baths
    • 2,050 Sq Ft
    • 1008 Southwest Dr
    • Unit 8
    • Davidson, NC

    Rare opportunity to own one of the few 2000+ square foot waterfront units in Davidson Landing. Current owner can transfer the lease to their onsite 24' BOAT SLIP.(Paid through April '26). This freshly painted, open floor plan home has 3 bedrooms,3 full baths, a 2 story great room with a gas fireplace and a covered balcony. Enjoy breathtaking views from all windows, which are covered by remote

    Kelly Gilligan-Latta Helen Adams Realty

    Section Image
  • 372 Northwest Dr Unit 72, Davidson, NC 28036

    $534,900

    • 2 Beds
    • 2 Baths
    • 1,071 Sq Ft
    • 372 Northwest Dr
    • Unit 72
    • Davidson, NC

    MOTIVATED SELLER! Million-dollar views without the million-dollar price tag! 270-degrees of views of Lake Norman, Lake Davidson and marina. Enjoy stunning sunrises and sunsets from this beautifully-updated, 3rd floor end-unit condo. Inside, find architectural beams and beautifully accented fireplace with new electric logs. Kitchen features granite countertops and brand-new stainless steel stove

    Zack Bonczek Keller Williams Lake Norman

    Section Image

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
Deering James W $399,000 None Available
Tolmie John D $330,000 None Available
Richards Norman S $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolmie John D $264,000
Previous Owner Richards Norman S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $399,000 0.0% $184 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $399,000 -- $184 / 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 $3,737 $499,600 $130,000 $369,600
2022 $3,521 $369,600 $105,000 $264,600
2021 $3,592 $369,600 $105,000 $264,600
2020 $3,352 $369,600 $105,000 $264,600
2019 $3,586 $369,600 $105,000 $264,600
2018 $3,531 $281,500 $60,000 $221,500
2017 $3,506 $281,500 $60,000 $221,500
2016 -- $281,500 $60,000 $221,500
2015 -- $281,500 $60,000 $221,500
2014 $3,497 $301,300 $60,000 $241,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3400607

Canopy MLS (Canopy Realtor® Association)

APN: 003-157-52