NOT LISTED FOR SALE

303 Davidson Gateway Dr Davidson, NC 28036

Estimated Value: $349,971 - $457,000

4 Beds
5 Baths
1,983 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $306,000 $154 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,203/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • High Speed Internet
  • Davidson Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Parham Park

About This Home

As of February 2020

Rare opportunity to purchase a 5 year old duplex at the corner of Davidson Gateway Drive & Jetton Street. Built by JCB Urban in 2014, the property is in excellent condition. Great location near all Exit 30 businesses, restaurants, shopping & schools. Bus stop in the front of duplex & location is only 2 minutes to I-77. The property features a 2 BR/2.5 bath unit w/ 1213 square feet & a 2 BR/1.5 Bath unit w/ 770 square feet. The smaller unit is included in the Davidson Affordable Housing inventory. It has a current tenant & rent is currently capped at $740 per month. The current tenant has is paying $600 per month.The larger unit has yielded $1200 monthly in rent. The seller is only interested in selling as one parcel. Please see the details for Davidson Affordable Housing Program in the attachments. Three parking spaces in rear of property. NO HOA. Owner could live in larger unit & have other unit for income, or it could be purchased as an investment.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 01/17/2020

Keller Williams Lake Norman

Co-Listed By

Jim Richards

Keller Williams Lake Norman License #270309

Last Buyer's Agent

Becky Wilhelm - Stillwell

Premier South License #291901

Premier South

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • Corner Lot
  • Level Lot
  • Open Lot
  • Many Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • High Speed Internet

Community Details

  • Built by JCB Urban

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes all except water, gas, interior common lights, sewer
  • Assessor Parcel Number 003-212-35

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95625
  • Ratio Close Price By Original Li: 0.95625
  • Ratio Current Price By Acre: 2781818.18
  • Ratio Current Price By Sq Ft: 154.31
  • Year Built: 2014
  • Property Features: Cable Available, Dishwasher, Disposal, Garden Tub, Porch/Patio, Range/Oven, Storage Room, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Cooktop Electric, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Network Ready, Natural Gas, Electric Oven
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Kitchen
  • Total Sq Ft: 1983

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: On-Street Parking, Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Corner Lot, g-Infill Lot, Level, Open Lot, Paved Frontage, Trees
  • Lot Size Area: 0.110
  • Parcel Number: 003-212-35
  • Zoning Specification: VIP

Building Info

  • Builder Name: JCB Urban

Rental Info

  • Rent Includes: All except water, Gas, Interior Common Lights, Sewer
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 341600.00
  • Tax Location: Davidson

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Quattrone Joseph P
Bought by
Quattrone Frank Joseph
Current Estimated Value
$383,993

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jan 31, 2020
Sold by
Jordiloosa Properties Llc
Bought by
Quattrone Joseph P and Quattrone Rita V
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Becky Wilhelm - Stillwell
Premier South
List Price
$320,000
Sold Price
$306,000
Premium/Discount to List
-$14,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Source: Public Records

Range of Values:

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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
Quattrone Frank Joseph -- None Listed On Document
Quattrone Joseph P $211,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $306,000 -4.4% $154 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $320,000 -- $161 / 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
2025 $2,330 $304,400 $99,000 $205,400
2024 $2,330 $304,400 $99,000 $205,400
2023 $2,294 $304,400 $99,000 $205,400
2022 $2,040 $212,400 $70,000 $142,400
2021 $2,167 $212,400 $70,000 $142,400
2020 $2,167 $212,400 $70,000 $142,400
2019 $2,161 $212,400 $70,000 $142,400
2018 $1,921 $144,300 $50,000 $94,300
2017 $1,907 $144,300 $50,000 $94,300
2016 $1,904 $68,800 $50,000 $18,800
2015 $1,238 $50,000 $50,000 $0
2014 $583 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3538820

Canopy MLS (Canopy Realtor® Association)

APN: 003-212-35