NOT LISTED FOR SALE

309 Potts St Davidson, NC 28036

Estimated Value: $295,000 - $360,063

2 Beds
1 Bath
896 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $225,000 $251 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,849/month

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • Wood Siding
  • Davidson Elementary School Rated A-

About This Home

As of August 2022

This is a "Fixer Upper" small home located in the center of Davidson. Please know that this home is being sold "AS IS". No repairs will be made on behalf of the seller. This would also be a great investment property considering its location. The possibilities here are limitless. It is within walking distance to the downtown area, to include shopping, restaurants, quaint boutiques and Davidson College. I-77 is approximately 5 minutes away. The Davidson Community Gardens is located beside this property.

Last Agent to Sell the Property

Dan Gibby

Coldwell Banker Realty License #305291 Listed on: 06/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Dan Gibby

Coldwell Banker Realty License #305291 Listed on: 06/30/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 94x121x150x113
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned VI, VIP

Home Design

  • Wood Siding

Interior Spaces

  • 896 Sq Ft Home
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 003-253-14

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1926
  • Ratio Current Price By Acre: 725806.45
  • Road Surface Type: Stone
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 251.12
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 132
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 896
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 896
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, On Street

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association Name: N/A

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None
  • CAR_YearlyHOAExpense: 0.00

Lot Info

  • Lot Features: Level, Paved
  • Lot Size Units: Acres
  • Parcel Number: 003-253-14
  • Plat Reference Section Pages: 792
  • Lot Size: 94X121X150X113
  • Zoning Description: VIP

Tax Info

  • RATIO List Price By Tax Amount: 3.11203

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Ban Properties Llc
Bought by
Kapara Properties Llc
Current Estimated Value
$313,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$247,766
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$83,500

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 5, 2022
Sold by
Stutts Ammons Kim Wright
Bought by
Ban Properties Llc
Seller's Agent
Dan Gibby
Coldwell Banker Realty
Buyer's Agent
Dan Gibby
Coldwell Banker Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$232,500
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 1998
Sold by
First Charter National Bank Of Concord
Bought by
Wright Hubert O and Wright Ruby M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Kapara Properties Llc -- None Listed On Document
Ban Properties Llc $225,000 Carpenter Alan G
Ban Properties Llc $225,000 Carpenter Alan G
Wright Hubert O $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapara Properties Llc $255,000
Previous Owner Ban Properties Llc $232,500
Previous Owner Wright Hubert O $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $225,000 0.0% $251 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $225,000 -- $251 / 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 $2,466 $322,600 $228,100 $94,500
2024 $2,466 $322,600 $228,100 $94,500
2023 $2,429 $322,600 $228,100 $94,500
2022 $656 $72,300 $40,000 $32,300
2021 $896 $72,300 $40,000 $32,300
2020 $896 $72,300 $40,000 $32,300
2019 $890 $72,300 $40,000 $32,300
2018 $894 $56,700 $33,300 $23,400
2017 $886 $56,700 $33,300 $23,400
2016 $882 $56,700 $33,300 $23,400
2015 $879 $56,700 $33,300 $23,400
2014 $982 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876244

Canopy MLS (Canopy Realtor® Association)

APN: 003-253-14