$775,000
SOLD FEB 8, 2021

407 Lorimer Rd Davidson, NC 28036

4 Beds
4 Baths
2,949 Sq Ft
0.6 Acres

Recently Sold

$263 Per Sq Ft

1% Above List Price

Highlights

  • Wood Flooring
  • Attached Garage
  • Shed
  • Davidson Elementary School Rated A-
  • Walk-In Closet
  • High Speed Internet

About This Home

As of November 2023

Iconic 1957 all-brick ranch home on 1/2 acre just 1/10th mile from Main Street Davidson. Walk to everything.

Last Agent to Sell the Property

Melissa Stone

Stone Properties License #229955 Listed on: 12/25/2020

Last Buyer's Agent

Jessica Martin

TSG Residential License #280682

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Parking

  • Attached Garage

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Crawl Space
  • Shed
  • Level Lot
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 007-021-04

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.01307
  • Ratio Close Price By Original Li: 1.01307
  • Ratio Current Price By Acre: 1291666.67
  • Ratio Current Price By Sq Ft: 262.80
  • Year Built: 1957
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Window(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Network Ready
  • Fireplace Description: FAMILYRM, Living Room, Primary Bedroom
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 423
  • Main Level Sq Ft: 2949
  • Total Sq Ft: 2949
  • Sq Ft Unheated Main: 2949
  • Sq Ft Unheated Total: 2949

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Davidson
  • Middle School: Davidson
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: 194x118x49x143x160
  • Lot Features: Level
  • Lot Size Area: 0.600
  • Parcel Number: 007-021-04
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 688100.00
  • Tax Location: Mecklenburg

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
Views
5
Current Estimated Value
$1,329,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,652
Avg. Annual Appreciation
8.30%

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 Type Sale Price Title Company
Warranty Deed $1,132,500 Tryon Title
Warranty Deed $775,000 None Available
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $620,000 New Conventional
Previous Owner $566,000 Credit Line Revolving
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Previous Owner $40,500 Credit Line Revolving
Previous Owner $243,000 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $64,387 Purchase Money Mortgage
Previous Owner $199,500 Unknown
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
2024 -- $792,100 $565,300 $226,800
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: CAR3693614

Canopy MLS (Canopy Realtor® Association)

APN: 007-021-04