NOT LISTED FOR SALE

3375 Merchant Ln Unit 84 Davidson, NC 28036

Estimated Value: $431,000 - $477,000

3 Beds
2.5 Baths
2,091 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $327,500 $157 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,975/month

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • W.R. Odell Elementary School Rated A-
  • Community Pool
  • Attached Garage

About This Home

As of May 2021

Welcome to The Farm at Riverpointe! This beautifully maintained home features 3 Bedrooms, 2 Full Bathrooms and one half bath. Highly desirable open floor plan including LVP throughout the main living areas. The gourmet kitchen features a large island with granite countertops and stainless steel appliances. Located on the second level you'll find the Master Suite and 2 secondary bedrooms.. The Master Suite includes a tray ceiling and spa like bathroom, shower and garden tub. For convenience, the laundry room is located on the second level. The backyard is spacious and flat. This home is located close to fabulous community amenities including large swimming pool, basketball and tennis courts, playground, soccer field and dog park!

Last Agent to Sell the Property

Max Hand

Titan Realty, Inc. License #322382 Listed on: 04/15/2021

Last Buyer's Agent

Kim Wilson

Keller Williams Lake Norman License #172060

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 2006

Lot Details

  • Irrigation

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Laminate Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 4672-57-0115-0000

Community Details

Overview

  • Paragon Association, Phone Number (704) 402-5632

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,199

Year Built

Built in 2006

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.02665
  • Ratio Close Price By Original Li: 1.02665
  • Ratio Current Price By Acre: 1819444.44
  • Ratio Current Price By Sq Ft: 156.62
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1210
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher
  • Flooring: Carpet, Laminate Wood
  • H O A Management Phone: 704-402-5632
  • Interior Amenities: Breakfast Bar, Garden Tub, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 881
  • Total Sq Ft: 2091
  • Sq Ft Unheated Main: 406
  • Sq Ft Unheated Total: 406

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 195.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Paragon
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Sloping
  • Lot Size Area: 0.180
  • Parcel Number: 4672-57-0115-0000
  • Zoning Specification: RA

Tax Info

  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Boyd Thomas and Boyd Paige
Bought by
Dejuneas Thomas and Dejuneas Susan
Current Estimated Value
$455,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$355,579
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$100,389

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 20, 2021
Sold by
Barron Joshua and Barron Stacey
Bought by
Boyd Tom and Boyd Paige
Seller's Agent
Max Hand
Titan Realty, Inc.
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$319,000
Sold Price
$327,500
Premium/Discount to List
$8,500
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$260,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
Regan Angela and Regan John
Bought by
Barron Joshua M and Barron Stacey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2015
Sold by
Alder Junko and Alder Kenneth
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 9, 2013
Sold by
Kld Holdings Llc
Bought by
The Farm At River Pointe Homeowners Assn

Purchase Details

Closed on
Jun 26, 2006
Sold by
D R Horton Inc
Bought by
Adler Kenneth M and Adler Junko K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
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
Dejuneas Thomas $435,000 Investors Title
Boyd Tom $328,000 None Available
Barron Joshua M $210,000 None Available
Deutsche Bank National Trust Co $209,431 None Available
The Farm At River Pointe Homeowners Assn -- None Available
Adler Kenneth M $197,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejuneas Thomas $360,000
Previous Owner Boyd Tom $260,000
Previous Owner Barron Joshua M $191,961
Previous Owner Barron Joshua M $206,196
Previous Owner Adler Kenneth M $49,000
Previous Owner Adler Kenneth M $137,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $327,500 +2.7% $157 / Sq Ft
04/15/2021 04/15/21 For Sale $319,000 -- $153 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
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
2024 $4,199 $369,750 $95,000 $274,750
2023 $3,310 $241,590 $50,000 $191,590
2022 $3,225 $235,410 $50,000 $185,410
2021 $3,225 $235,410 $50,000 $185,410
2020 $3,225 $235,410 $50,000 $185,410
2019 $2,635 $192,370 $37,000 $155,370
2018 $2,597 $192,370 $37,000 $155,370
2017 $2,559 $192,370 $37,000 $155,370
2016 $2,348 $165,210 $26,000 $139,210
2015 $2,082 $165,210 $26,000 $139,210
2014 $2,082 $165,210 $26,000 $139,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3723852

Canopy MLS (Canopy Realtor® Association)

APN: 4672-57-0115-0000