NOT LISTED FOR SALE

325 Cathey St Davidson, NC 28036

Estimated Value: $711,000 - $984,000

3 Beds
3.5 Baths
2,003 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $700,000 $349 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,641/month

14 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Screened Porch
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of February 2024

Hard to find 3 BR, 3.5 Bath home two blocks from Main Street in Davidson! Easily walkable to all areas of downtown & Davidson College. Cute home built in 1987 & situated on a .25 acre lot & a quiet, cul-de-sac street (no thru traffic). Great privacy in rear w/densely wooded trees. Covered front porch, rear screened-in porch off kitchen & deck allow for superb exterior spaces. Downstairs has one BR w/ full bath plus a half bath near garage & laundry room. Two BRs upstairs w/ adjoining full baths. Large unfinished storage area of 133 sq ft on upper level. One car attached garage could be converted to living space (319 sq ft). A detached two-car garage w/ a second story apartment could probably be added at the rear left of the property (please see attachments for floor to area ratio specifications & other information). Buyer must confirm with Town of Davidson.Great opportunity to be in the heart of Davidson's most walkable area. Needs upgrades but provides great value! See attachments.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 12/01/2023

Keller Williams Lake Norman

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 12/01/2023

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 79 x 142 x 77 x 153
  • Cul-De-Sac
  • Infill Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned VIP

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1.5-Story Property
  • Wired For Data
  • Built-In Features
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-014-25

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1987
  • Restrictions: Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 349.48
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: marylib@richards-group.net
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Entrance Foyer, Garden Tub, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1254
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 132
  • Sq Ft Unheated Upper: 132
  • Sq Ft Upper: 749
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Oven
  • Above Grade Finished Sq Ft: 2003
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2003
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, On Street

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Gas, Satellite Internet Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Infill Lot, Paved, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 007-014-25
  • Zoning: RES
  • Development Status: Completed
  • Lot Size: 79 x 142 x 77 x 153
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 12, 2024
Sold by
Betty Grace Moore Jones Revocable Trust
Bought by
Kratt Allison A
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Views
72
Current Estimated Value
$814,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,031
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Jones Robert B
Bought by
Jones Robert B and Jones Betty M

Purchase Details

Closed on
Oct 20, 1997
Sold by
Jones Robert B and Jones Betty M
Bought by
Jones Robert B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kratt Allison A $700,000 None Listed On Document
Jones Robert B -- --
Jones Robert B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $700,000 -11.9% $349 / Sq Ft
12/01/2023 12/01/23 For Sale $795,000 -- $397 / 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 $4,669 $727,000 $361,800 $365,200
2024 $4,669 $616,700 $361,800 $254,900
2023 $4,603 $616,700 $361,800 $254,900
2022 $4,433 $466,400 $300,000 $166,400
2021 $4,470 $466,400 $300,000 $166,400
2020 $4,470 $466,400 $300,000 $166,400
2019 $4,464 $466,400 $300,000 $166,400
2018 $3,860 $309,500 $168,000 $141,500
2017 $3,833 $309,500 $168,000 $141,500
2016 -- $309,500 $168,000 $141,500
2015 -- $309,500 $168,000 $141,500
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4084388

Canopy MLS (Canopy Realtor® Association)

APN: 007-014-25