NOT LISTED FOR SALE

321 Cathey St Davidson, NC 28036

Estimated Value: $973,000 - $1,281,000

4 Beds
3.5 Baths
3,332 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $529,000 $159 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,500/month

234 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Attic
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of April 2020

AMAZING HOME/VALUE/LOCATION...All the privacy, shade and charm of a house in the country, but mere steps from Main Street Davidson, Davidson College, and all that downtown has to offer! A custom Southern Living floor plan designed after a Louisiana River cottage, this home offers 3 levels of Downtown Davidson living as well as gracious outdoor porches and a large wrap-a-round deck. Main level boasts 10' ceilings, hrdwd floors and large, light-filled rooms. The 2nd level has 2 large bdrms w/2 closets & walk-in storage in each. Bsmt offers many options, one of which could be a second living quarters. Screened porch overlooks private wooded yard & custom tree house. 1+ car garage has room for workshop/storage areas. Laundry hook-ups in basement & main level. Recently restored stair case w/new hrdwd treads, added hrdwd landing & new carpeting in 2nd flr bdrms, fresh paint, & new electrical outlets/switches/smoke det thru-out, so house is ready for buyer's personal touches.

Last Agent to Sell the Property

Carolyn Knauer

Berkshire Hathaway Homeservices Landmark Prop License #236640 Listed on: 07/26/2019

Berkshire Hathaway Homeservices Landmark Prop

Last Buyer's Agent

Chris Evans

Allen Tate Davidson License #317044

Allen Tate Davidson

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Wood Burning Fireplace
  • Cable TV Available
  • Attic

Community Details

  • Built by Taylor Blackwell

Listing and Financial Details

  • Assessor Parcel Number 007-014-23

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.78370
  • Ratio Current Price By Acre: 2116000.00
  • Ratio Current Price By Sq Ft: 158.76
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Partially Finished, Block
  • Upper Level Sq Ft: 726
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, CO Detector, Gas Dryer Hookup, Natural Gas, Refrigerator
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Walk-in, Built-Ins, Cable Available, Garage Shop, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Basement
  • Room Count: 3
  • Sq Ft Basement: 987
  • Main Level Sq Ft: 1619
  • Total Sq Ft: 3332
  • Sq Ft Unheated Basement: 632
  • Sq Ft Unheated Total: 934
  • Sq Ft Unheated Upper: 302

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Back Load Garage, Basement, Garage - 1 Car, Parking Space - 4+

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 153x72x152x76
  • Lot Features: Private, Trees, Wooded
  • Lot Size Area: 0.250
  • Parcel Number: 007-014-23
  • Plat Reference Section Pages: 551
  • Zoning Specification: VIP

Building Info

  • Builder Name: Taylor Blackwell

Tax Info

  • Tax Value: 523400.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Apr 14, 2020
Sold by
Cumming Robert P and Cumming Rosa Shand
Bought by
Mortensen Eric D and Mortensen Dasa
Seller's Agent
Carolyn Knauer
Berkshire Hathaway Homeservices Landmark Prop
Buyer's Agent
Chris Evans
Allen Tate Davidson
List Price
$675,000
Sold Price
$529,000
Premium/Discount to List
-$146,000
-21.63%
Total Days on Market
234
Current Estimated Value
$1,081,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,705
Avg. Annual Appreciation
13.44%
Original Mortgage
$225,000
Outstanding Balance
$161,965
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$848,376

Purchase Details

Closed on
Oct 24, 2007
Sold by
Cumming Robert P
Bought by
Cumming Robert P and Cumming Rosa Shand
Source: Public Records

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Range of Values:

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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
Mortensen Eric D $529,000 None Available
Cumming Robert P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortensen Eric D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $529,000 -8.0% $159 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
01/11/2020 01/11/20 Price Changed $575,000 -3.8% $173 / Sq Ft
10/28/2019 10/28/19 Price Changed $598,000 -5.8% $179 / Sq Ft
08/30/2019 08/30/19 Price Changed $635,000 -5.9% $191 / Sq Ft
07/26/2019 07/26/19 For Sale $675,000 -- $203 / 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 $5,413 $726,300 $361,800 $364,500
2022 $5,209 $548,800 $300,000 $248,800
2021 $5,218 $548,800 $300,000 $248,800
2020 $4,987 $523,400 $300,000 $223,400
2019 $4,981 $523,400 $300,000 $223,400
2018 $4,221 $340,300 $168,000 $172,300
2017 $4,192 $340,300 $168,000 $172,300
2016 $4,188 $340,300 $168,000 $172,300
2015 $4,185 $340,300 $168,000 $172,300
2014 $4,183 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3502248

Canopy MLS (Canopy Realtor® Association)

APN: 007-014-23