NOT LISTED FOR SALE

407 Lorimer Rd Davidson, NC 28036

Estimated Value: $1,203,000 - $1,458,000

4 Beds
4 Baths
2,949 Sq Ft
$437/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,132,500 $384 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,334/month

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Screened Porch
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of November 2023

Lovely, spacious single level home on huge lot in amazing proximity to Davidson College and historic Main Street in heart of charming downtown Davidson. Primary suite includes sitting room with fireplace and access to rear patio. Three additional bedrooms, each with access to full bathrooms. Hardwood floors throughout. Large kitchen opens to family room with fireplace. Gracious front living room, with fireplace and terrific natural light. Oversized 2 car garage attached plus bonus workout / office space behind garage. Fabuluous lot with mature landscaping.

Last Agent to Sell the Property

Jessica Martin

TSG Residential Brokerage Email: jess@tsgresidential.com License #280682 Listed on: 10/01/2023

Last Buyer's Agent

Jessica Martin

TSG Residential Brokerage Email: jess@tsgresidential.com License #280682 Listed on: 10/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1957

Lot Details

  • Infill Lot
  • Property is zoned VIP

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 007-021-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,899

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1957
  • Restrictions: Other - See Remarks
  • Restrictions Description: Town of Davidson ordinance
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 384.03
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Entrance Foyer, Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2949
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 423
  • Sq Ft Unheated Total: 423
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Exhaust Hood, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2949
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom
  • Living Area: 2949
  • Bedroom Main: 4
  • Room Count: 14

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Exclusions: "dining room" (playroom) chandelier
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Patio, Screened

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 Faces Front

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: None

Lot Info

  • Lot Features: Infill Lot
  • Lot Size Area: 0.594
  • Lot Size Units: Acres
  • Parcel Number: 007-021-04
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Nov 17, 2023
Sold by
Goldstein Eitan and Goldstein Kathryn
Bought by
Berna Edwin Robert and Berna Cherish
Seller's Agent
Jessica Martin
TSG Residential
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$1,132,500
Sold Price
$1,132,500
Total Days on Market
0
Views
5
Current Estimated Value
$1,289,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,876
Avg. Annual Appreciation
8.67%

Purchase Details

Listed on
Dec 25, 2020
Closed on
Feb 8, 2021
Sold by
Shandley Thomas C and Shandley Anne W
Bought by
Goldstein Eitan and Reed Kathryn
Seller's Agent
Melissa Stone
Stone Properties
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$765,000
Sold Price
$775,000
Premium/Discount to List
$10,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$620,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2000
Sold by
The Trustees Of Davidson College
Bought by
Shandley Thomas C and Shandley Anne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,387
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Berna Edwin Robert $1,132,500 Tryon Title
Goldstein Eitan $775,000 None Available
Shandley Thomas C $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldstein Eitan $620,000
Previous Owner Shandley Thomas C $566,000
Previous Owner Shandley Thomas C $60,000
Previous Owner Shandley Thomas C $40,500
Previous Owner Shandley Thomas C $243,000
Previous Owner Shandley Thomas C $30,000
Previous Owner Shandley Thomas C $64,387
Previous Owner Shandley Thomas C $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,132,500 0.0% $384 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $1,132,500 +46.1% $384 / Sq Ft
02/08/2021 02/08/21 Sold $775,000 +1.3% $263 / Sq Ft
12/25/2020 12/25/20 Pending -- -- --
12/25/2020 12/25/20 For Sale $765,000 -- $259 / 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
2023 $5,899 $792,100 $565,300 $226,800
2022 $6,521 $688,100 $360,000 $328,100
2021 $6,481 $688,100 $360,000 $328,100
2020 $6,481 $688,100 $360,000 $328,100
2019 $6,475 $688,100 $360,000 $328,100
2018 $6,140 $503,900 $264,000 $239,900
2017 $6,099 $503,900 $264,000 $239,900
2016 $6,095 $503,900 $264,000 $239,900
2015 $6,092 $503,900 $264,000 $239,900
2014 $6,090 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4084051

Canopy MLS (Canopy Realtor® Association)

APN: 007-021-04