NOT LISTED FOR SALE

305 S Main St Davidson, NC 28036

Estimated Value: $1,370,000

5 Beds
2.5 Baths
3,057 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $1,200,000 $393 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,140/month

90 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Wood Siding
  • Davidson Elementary School Rated A-
  • Detached Garage
  • 4-minute walk to Mary Beaty Tot Lot

About This Home

As of September 2023

Own a true piece of Davidson history. This home has had two owners since 1883. Tons of detailed molding and character. Large, in town lot offers potential for detached in-law/income-producing quarters, pool etc..

Last Agent to Sell the Property

Risty Knox

Allen Tate Davidson Brokerage Email: rusty.knox@allentate.com License #190798 Listed on: 04/20/2023

Allen Tate Davidson

Last Buyer's Agent

Gregory Bracht

Lake and Village Realty LLC License #275968

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1883

Lot Details

  • Lot Dimensions are 105x300
  • Corner Lot
  • Property is zoned VCP

Parking

  • Detached Garage

Home Design

  • Asbestos Shingle Roof
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 007-018-15

Home Details

Home Type

Single Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1883
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 392.54
  • Geocode Confidence: Medium
  • Attribution Contact: rusty.knox@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1735
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 304
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 304
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1322
  • Appliances: Electric Cooktop, Electric Oven
  • Above Grade Finished Sq Ft: 3057
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Living Room
  • Living Area: 3057
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle, Asbestos Shingle, Built-Up
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.72
  • Lot Size Units: Acres
  • Parcel Number: 007-018-15
  • Lot Size: 105x300
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VCP

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Sep 29, 2023
Sold by
Isabel S Hoyle Revocable Trust
Bought by
305 Main Holdings Llc
Seller's Agent
Risty Knox
Allen Tate Davidson
Buyer's Agent
Gregory Bracht
Lake and Village Realty LLC
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Views
173
Current Estimated Value
$1,370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,000
Avg. Annual Appreciation
3.89%
Original Mortgage
$900,000
Outstanding Balance
$885,110
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$406,557

Purchase Details

Listed on
Apr 20, 2023
Closed on
Sep 21, 2023
Sold by
Isabel S Hoyle Revocable Trust
Bought by
305 Main Holdings Llc
Seller's Agent
Risty Knox
Allen Tate Davidson
Buyer's Agent
Gregory Bracht
Lake and Village Realty LLC
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$885,110
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$406,557

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hoyle Robert T and Hoyle Isabel S
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
305 Main Holdings Llc -- None Listed On Document
305 Main Holdings Llc $1,200,000 None Listed On Document
Hoyle Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 305 Main Holdings Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $1,200,000 -20.0% $393 / Sq Ft
04/20/2023 04/20/23 For Sale $1,500,000 -- $491 / 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 -- $502,500 $502,500 --
2023 $8,097 $924,800 $753,800 $171,000
2022 $8,097 $855,400 $600,000 $255,400
2021 $7,998 $855,400 $600,000 $255,400
2020 $7,998 $855,400 $600,000 $255,400
2019 $7,992 $855,400 $600,000 $255,400
2018 $6,178 $507,100 $336,000 $171,100
2017 $6,136 $507,100 $336,000 $171,100
2016 $6,133 $507,100 $336,000 $171,100
2015 $6,129 $507,100 $336,000 $171,100
2014 $6,127 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4022066

Canopy MLS (Canopy Realtor® Association)

APN: 007-018-15