NOT LISTED FOR SALE

3387 Merchant Ln Davidson, NC 28036

Davidson Area

Estimated Value: $422,936

4 Beds
2.5 Baths
2,291 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2023

Last sale price $381,500 $167 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,743 / mo

189 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Front Porch
  • Clubhouse
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of April 2023

Fantastic opportunity in well established The Farm at Riverpointe in Davidson, NC!! 4 BR, 2 1/2 BA home sits 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

Andrew Morgan

EXP Realty LLC Mooresville License #278241 Listed on: 07/30/2022

EXP Realty LLC Mooresville

Last Buyer's Agent

Joe Skaff

EXP Realty LLC Ballantyne License #290119

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

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
  • Walk-In Attic
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop

Flooring

  • Carpet
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

9,147 Sq Ft Lot

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.52
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Laminate, Linoleum, Tile, Vinyl, Vinyl
  • Interior Amenities: Attic Walk In
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1510
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 781
  • Appliances: Electric Cooktop, Electric Water Heater, Oven
  • Above Grade Finished Sq Ft: 2291
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2291
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 195
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Paragon
  • Phone: 704-402-5632
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 780.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4672-57-1207-0000
  • Plat Book Slide: 46
  • Plat Reference Section Pages: 22
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Mar 7, 2023
Sold by
Bought by
Seller's Agent
Andrew Morgan
EXP Realty LLC Mooresville
Buyer's Agent
Joe Skaff
EXP Realty LLC Ballantyne
List Price
$439,000
Sold Price
$381,500
Premium/Discount to List
-$57,500
-13.1%
Views
125
Current Estimated Value
$422,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,436
Avg. Annual Appreciation
3.19%
Original Mortgage
$374,589
Outstanding Balance
$362,354
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$60,582

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

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
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$377,500 None Listed On Document
$204,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $374,589
Previous Owner $164,000
Previous Owner $163,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2026 07/16/26 Price Changed $400,000 -3.6% $166 / Sq Ft
07/07/2026 07/07/26 Price Changed $415,000 -1.2% $172 / Sq Ft
07/01/2026 07/01/26 Price Changed $420,000 -1.2% $174 / Sq Ft
06/15/2026 06/15/26 For Sale $425,000 +11.4% $176 / Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,493 $395,720 $95,000 $300,720
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

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Map

Source: Canopy MLS

MLS Number: 3888202

Canopy MLS

APN: 4672-57-1207-0000

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