NOT LISTED FOR SALE

306 Davidson St Archdale, NC 27263

Estimated Value: $114,000 - $125,000

2 Beds
1.5 Baths
900 Sq Ft
$65/mo HOA Fee

Last Sold March 22, 2019

Last sale price $49,900 $55 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $824/month

8 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heat Pump System

About This Home

As of March 2019

Savvy investors...here it is! Wall to wall income, desirable lower unit on the end, located in Archdale. New vinyl siding and new roof. Needs some TLC. 2 bedrooms, 1 bath. Call today. Won't last long!

Last Agent to Sell the Property

Darrell Jordan

Price REALTORS License #140439 Listed on: 02/11/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $581

Year Built

  • Built in 1990

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 770 Sq Ft Home
  • 600-900 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rivermeade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7718553780106
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$581

Year Built

Built in 1990

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Subdivision Name: Rivermeade
  • Directions: 311 S. to Right onto Balfour, Right onto Brook Hollow, Right onto Rivermeade.
  • Above Grade Finished Sq Ft: 770
  • Architectural Style: Condo Main
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 900
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 770
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 7718553780106
  • Zoning: GRD
  • TRIADMLS_PlatBook: 1-6
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 581
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Spence Dylan
Bought by
Ocasio William M and Proctor Teresa G
Current Estimated Value
$121,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$31,729
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$87,916

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 6, 2019
Sold by
Justice Clifton and Justice Linda B
Bought by
Spence Dylan D
Seller's Agent
Darrell Jordan
Price REALTORS
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$44,300
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocasio William M $88,000 None Available
Spence Dylan D $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocasio William M $35,000
Previous Owner Spence Dylan D $44,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $49,900 0.0% $83 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $49,900 -- $83 / Sq Ft
Source: Triad MLS

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 -- $96,680 $20,000 $76,680
2024 -- $96,680 $20,000 $76,680
2023 $996 $96,680 $20,000 $76,680
2022 $0 $56,870 $6,000 $50,870
2021 $658 $56,870 $6,000 $50,870
2020 $658 $56,870 $6,000 $50,870
2019 $658 $56,870 $6,000 $50,870
2018 $592 $49,820 $6,000 $43,820
2016 $580 $49,815 $6,000 $43,815
2015 $581 $49,815 $6,000 $43,815
2014 -- $49,815 $6,000 $43,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 917094

Triad MLS

APN: 7718-55-3780-106