3387 Merchant Ln Davidson, NC 28036
Estimated Value: $446,000 - $517,000
4
Beds
2.5
Baths
2,291
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- W.R. Odell Elementary School Rated A-
- Community Pool
- Front Porch
About This Home
As of April 2023Fantastic opportunity in well established The Farm at Riverpointe in Davidson, NC!! 4 BR, 2 1/2 BA home sits on on a corner lot. Primary bedroom suite on main level with additional 3 bedrooms and full bath upstairs. 4 season sunroom gives additional living space from breakfast area. Tons of storage in walk-in attic!!!
AMAZING community amenities include a walking dog park, HUGE pool w/ kids area, tennis courts and a community garden! Don't miss this one!!!
Last Agent to Sell the Property
EXP Realty LLC Mooresville License #278241 Listed on: 07/30/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,493
Year Built
- Built in 2006
Lot Details
- 9,147 Sq Ft Lot
- Property is zoned RM-1
HOA Fees
- $65 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Laundry Room
Kitchen
- Oven
- Electric Cooktop
Flooring
- Linoleum
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
Outdoor Features
- Patio
- Front Porch
Utilities
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 4672-57-1207-0000
Community Details
Overview
- Paragon Association, Phone Number (704) 402-5632
- The Farm At Riverpointe Subdivision
- Mandatory home owners association
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Recreation Facilities
- Community Playground
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2022
Closed on
Mar 7, 2023
Sold by
Moore James M
Bought by
Munn Cheryl B and Munn Tige Jabbar
Seller's Agent
Andrew Morgan
EXP Realty LLC Mooresville
Buyer's Agent
Joe Skaff
Carolina Real Estate Experts The Dan Jones Group
List Price
$439,000
Sold Price
$381,500
Premium/Discount to List
-$57,500
-13.1%
Total Days on Market
189
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,506
Avg. Annual Appreciation
10.19%
Original Mortgage
$374,589
Outstanding Balance
$365,796
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$104,210
Purchase Details
Closed on
Apr 28, 2006
Sold by
D R Horton Inc
Bought by
Moore James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Davidson, NC
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munn Cheryl B | $377,500 | None Listed On Document | |
| Moore James M | $204,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Munn Cheryl B | $374,589 | |
| Previous Owner | Moore James Michael | $164,000 | |
| Previous Owner | Moore James M | $163,400 | |
| Closed | Munn Cheryl B | $12,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $381,500 | -1.9% | $167 / Sq Ft |
| 02/05/2023 02/05/23 | Pending | -- | -- | -- |
| 01/20/2023 01/20/23 | Price Changed | $389,000 | -2.5% | $170 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $399,000 | -4.8% | $174 / Sq Ft |
| 09/16/2022 09/16/22 | Price Changed | $419,000 | -1.4% | $183 / Sq Ft |
| 09/09/2022 09/09/22 | Price Changed | $424,900 | -1.0% | $185 / Sq Ft |
| 08/18/2022 08/18/22 | Price Changed | $429,000 | -2.3% | $187 / Sq Ft |
| 07/30/2022 07/30/22 | For Sale | $439,000 | -- | $192 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,493 | $395,720 | $95,000 | $300,720 |
| 2023 | $3,274 | $238,950 | $50,000 | $188,950 |
| 2022 | $3,274 | $238,950 | $50,000 | $188,950 |
| 2021 | $3,274 | $238,950 | $50,000 | $188,950 |
| 2020 | $3,274 | $238,950 | $50,000 | $188,950 |
| 2019 | $2,678 | $195,470 | $37,000 | $158,470 |
| 2018 | $2,639 | $195,470 | $37,000 | $158,470 |
| 2017 | $2,600 | $195,470 | $37,000 | $158,470 |
| 2016 | $2,600 | $182,120 | $26,000 | $156,120 |
| 2015 | $2,295 | $182,120 | $26,000 | $156,120 |
| 2014 | $2,295 | $182,120 | $26,000 | $156,120 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Morgan
Seller's Agent in 2023
Andrew Morgan
EXP Realty LLC Mooresville
(704) 997-8555
93 Total Sales
-
Joe Skaff
J
Buyer's Agent in 2023
Joe Skaff
Carolina Real Estate Experts The Dan Jones Group
(704) 351-8573
81 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3888202
APN: 4672-57-1207-0000
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