NOT LISTED FOR SALE

3359 Merchant Ln Davidson, NC 28036

Estimated Value: $465,000 - $549,000

5 Beds
3.5 Baths
2,748 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $485,000 $176 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,105/month

6 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Transitional Architecture
  • W.R. Odell Elementary School Rated A-
  • Clubhouse
  • Whirlpool Bathtub

About This Home

As of October 2024

Incredible 5-bedroom, 3.5-bath home with great curb appeal, featuring a rocking chair front porch and beautifully irrigated landscaping. The foyer and dining room showcase elegant wainscoting, while the spacious kitchen boasts 42" maple cabinets, granite countertops, and a pantry. A stacked stone gas log fireplace adds charm to the great room, which opens to a lush backyard. The main floor primary suite features an updated bath with heated tile floors, an oversized shower with dual heads, a jetted tub, and granite counters. Upstairs, find 4 more bedrooms, including a second primary with ensuite bath, family room, and third full bath. Enjoy the stamped concrete covered patio and firepit in the backyard. PLUS: New architectural shingle roof (2020), LVP flooring (2018), and new epoxy flake garage floor. Wired for invisible fence and security. Resort-style amenities include a fitness center, Olympic-size pool, playground, picnic area, soccer fields, sports courts, and a dog park. ENJOY!

Last Agent to Sell the Property

Ginny Barker

Keller Williams Unified Brokerage Email: ginnybarker@kw.com License #252787 Listed on: 08/15/2024

Keller Williams Unified

Last Buyer's Agent

Roberta Browne

Keller Williams Unified License #309561

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 70'x105'x70'x105'
  • Property has an invisible fence for dogs
  • Irrigation
  • Property is zoned RM-1

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Wired For Data
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Shed

Schools

  • Odell Elementary School
  • Northwest Cabarrus Middle School
  • Northwest Cabarrus High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4672-46-8806-0000

Community Details

Overview

  • Paragon Four Property Mgt Association, Phone Number (704) 402-5632
  • Built by DR Horton
  • The Farm At Riverpointe Subdivision, Garrett Floorplan
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Dog Park
  • Trails

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2006
  • Restrictions: Architectural Review,Subdivision
  • Restrictions Description: CCRs
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.49
  • Geocode Confidence: High
  • Attribution Contact: ginnybarker@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Entrance Foyer, Open Floorplan, Pantry, Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1220
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1528
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker, Self Cleaning Oven
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 2748
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplace Features: Gas, Great Room
  • Living Area: 2748
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Invisible
  • Pool Features: Outdoor Pool – Community
  • Exclusions: Freestanding shelves in storage building do NOT convey
  • Construction Type: Stone, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Gas, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Game Court, Picnic Area, Playground, Recreation Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 210
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Paragon Four Property Mgt
  • Phone: 704-402-5632
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 840.00

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4672-46-8806-0000
  • Plat Book Slide: 46/23
  • Development Status: Completed
  • Lot Size: 70'x105'x70'x105'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

Building Info

  • Builder Name: DR Horton

MLS Schools

  • Elementary School: Odell
  • High School: Northwest Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 24, 2024
Sold by
Rex Richard Leonard and Rex Abigail Frances
Bought by
Garcia Louis C and Garcia Maria Y
Seller's Agent
Ginny Barker
Keller Williams Unified
Buyer's Agent
Roberta Browne
Keller Williams Unified
List Price
$485,000
Sold Price
$485,000
Views
37
Current Estimated Value
$501,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,291
Avg. Annual Appreciation
2.75%
Original Mortgage
$260,000
Outstanding Balance
$257,188
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$244,103

Purchase Details

Closed on
May 23, 2011
Sold by
Cpass Llc
Bought by
Rex Richard Leonard and Rex Abigail Frances

Purchase Details

Closed on
Feb 9, 2011
Sold by
Federal National Mortgage Association
Bought by
Cpass Llc

Purchase Details

Closed on
Mar 26, 2010
Sold by
Bonds Angela
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 21, 2006
Sold by
D R Horton Inc
Bought by
Bonds Angela and Bonds Angela Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Louis C $485,000 Tryon Title
Garcia Louis C $485,000 Tryon Title
Rex Richard Leonard $157,500 None Available
Cpass Llc -- None Available
Federal National Mortgage Association $187,728 None Available
Bonds Angela $234,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Louis C $260,000
Closed Garcia Louis C $260,000
Previous Owner Bonds Angela $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $485,000 0.0% $176 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $485,000 -- $176 / 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 $4,971 $437,780 $95,000 $342,780
2024 $4,971 $437,780 $95,000 $342,780
2023 $3,639 $265,590 $50,000 $215,590
2022 $3,639 $265,590 $50,000 $215,590
2021 $3,639 $265,590 $50,000 $215,590
2020 $3,639 $265,590 $50,000 $215,590
2019 $3,025 $220,790 $37,000 $183,790
2018 $2,981 $220,790 $37,000 $183,790
2017 $2,937 $220,790 $37,000 $183,790
2016 $2,937 $205,960 $26,000 $179,960
2015 $2,595 $205,960 $26,000 $179,960
2014 $2,595 $205,960 $26,000 $179,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4168535

Canopy MLS (Canopy Realtor® Association)

APN: 4672-46-8806-0000