NOT LISTED FOR SALE

3364 Merchant Ln Davidson, NC 28036

Estimated Value: $466,000 - $564,000

4 Beds
3 Baths
2,610 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $425,000 $163 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,007/month

7 Days on Market

Highlights

  • Open Floorplan
  • Terrace
  • Walk-In Closet
  • W.R. Odell Elementary School Rated A-
  • Fireplace

About This Home

As of November 2021

SHOWINGS BEGIN SATURDAY AT 10am! Welcome to The Farm at Riverpointe in Cabarrus county! This well maintained home features 4 Bedrooms, 3 Full Bathrooms. One den/ optional 5th bedroom and full bathroom is located on the main level, offering the perfect option for guests or working from home. Desirable open floor plan including gleaming hardwoods throughout the main living areas. The gourmet kitchen features custom cabinetry, granite countertops, and stainless steel appliances. Located on the second level you'll find the Master Suite and 4 beds/bonus. The Master Suite includes a spacious layout and spa like bathroom, completely updated and gorgeous with a spa-like vibe. For convenience, the laundry room is located on the second level. The backyard is stunning and feels like an oasis. This home is located near the fabulous community amenities including large swimming pool, basketball and tennis courts, tennis, playground, soccer field and dog park!

Last Agent to Sell the Property

Christy Bradshaw

Call It Closed International Inc License #255850 Listed on: 10/20/2021

Last Buyer's Agent

Sharon Maney

Berkshire Hathaway HomeServices Elite Properties License #237632

Berkshire Hathaway HomeServices Elite Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,712

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Oven

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • W.R. Odell Elementary School
  • Harrisrd Middle School
  • Northwest Cabarrus High School

Additional Features

  • Terrace
  • Irrigation
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4672-56-0815-0000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.01432
  • Ratio Close Price By Original Li: 1.01432
  • Ratio Current Price By Acre: 2125000.00
  • Ratio Current Price By Sq Ft: 162.84
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1423
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Microwave, Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Interior Amenities: Cable Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1187
  • Total Sq Ft: 2610

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car
  • Sq Ft Garage: 432

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water

Schools

  • Middle Or Junior School: HARRISRD

Lot Info

  • Parcel Number: 4672-56-0815-0000
  • Zoning Specification: RM-1

Tax Info

  • Tax Value: 249080.00
  • Tax Location: Kannapls/cab

MLS Schools

  • Elementary School: W.R. Odell
  • High School: Northwest Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 23, 2021
Sold by
Mayhew Bryan Thomas and Mayhew Beth Aziere
Bought by
Melendez Ramiro A and Melendez Jana L
Seller's Agent
Christy Bradshaw
Call It Closed International Inc
Buyer's Agent
Sharon Maney
Berkshire Hathaway HomeServices Elite Properties
List Price
$419,000
Sold Price
$425,000
Premium/Discount to List
$6,000
1.43%
Current Estimated Value
$501,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,211
Avg. Annual Appreciation
4.04%
Original Mortgage
$344,760
Outstanding Balance
$315,913
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$185,298

Purchase Details

Closed on
Jun 30, 2006
Sold by
D R Horton Inc
Bought by
Mayhew Bryan Thomas and Mayhew Beth Aziere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,910
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Melendez Ramiro A $425,000 None Available
Mayhew Bryan Thomas $215,000 Morehead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Ramiro A $344,760
Previous Owner Mayhew Bryan Thomas $94,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $425,000 +1.4% $163 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $419,000 -- $161 / 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 $4,955 $436,360 $95,000 $341,360
2024 $4,955 $436,360 $95,000 $341,360
2023 $3,587 $261,820 $50,000 $211,820
2022 $3,587 $249,080 $50,000 $199,080
2021 $3,412 $249,080 $50,000 $199,080
2020 $3,412 $249,080 $50,000 $199,080
2019 $2,799 $204,300 $37,000 $167,300
2018 $2,758 $204,300 $37,000 $167,300
2017 $2,717 $204,300 $37,000 $167,300
2016 $2,717 $191,800 $26,000 $165,800
2015 $2,417 $191,800 $26,000 $165,800
2014 $2,417 $191,800 $26,000 $165,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3798307

Canopy MLS (Canopy Realtor® Association)

APN: 4672-56-0815-0000