NOT LISTED FOR SALE

420 Lorimer Rd Davidson, NC 28036

Estimated Value: $847,000 - $1,102,000

3 Beds
2.5 Baths
2,455 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $800,000 $326 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,378/month

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Corner Lot
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of December 2023

Heart of Davidson. Charming home on prime corner lot in close proximity to all that Davidson offers - Davidson College, historic Main Street, shops, restaurants, greenway, farmer's market, etc. - features lovely details, large rooms, original windows and original hardwoods throughout. Ready for buyer's personal touches.

Last Agent to Sell the Property

Non Member

Canopy Administration Brokerage Email: noreply@canopyrealtors.com Listed on: 12/08/2023

Last Buyer's Agent

Jessica Martin

TSG Residential License #280682

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,345

Year Built

  • Built in 1921

Lot Details

  • Infill Lot
  • Corner Lot
  • Property is zoned VIP

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Wood Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-011-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,345

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1921
  • Restrictions: Other - See Remarks
  • Restrictions Description: Town of Davidson ordinance
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 325.87
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: noreply@canopyrealtors.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Built-in Features
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1359
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 216
  • Sq Ft Unheated Third: 252
  • Sq Ft Unheated Total: 468
  • Sq Ft Upper: 1096
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 2455
  • Has Basement: Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2455
  • Window Features: Storm Window(s)
  • Bedroom Main: 0
  • Room Count: 10
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, In Bathroom, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Gas
  • Water Source: County Water

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: Corner Lot, Infill Lot
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 007-011-04
  • 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
Dec 8, 2023
Closed on
Dec 28, 2023
Sold by
Berna Edwin Robert and Berna Cherish W
Bought by
Trahey Thomas Francis and Malone-Trahey Arabella
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$800,000
Sold Price
$800,000
Total Days on Market
0
Views
4
Current Estimated Value
$929,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,582
Avg. Annual Appreciation
10.91%

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 18, 2021
Sold by
Bradley Stephen D and Bradley Jill A
Bought by
Berna Edwin Robert and Berna Cherish W
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1997
Sold by
Jenest Brian and Jenest Sarah
Bought by
Bradley Steven D and Bradley Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
7.39%
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
Trahey Thomas Francis $800,000 Chicago Title
Berna Edwin Robert $600,000 Chicago Title
Bradley Steven D $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berna Edwin Robert $480,000
Previous Owner Bradley Stephe D $170,000
Previous Owner Bradley Stephen D $163,000
Previous Owner Bradley Stephen D $182,000
Previous Owner Bradley Stephen D $42,000
Previous Owner Bradley Stephen D $189,550
Previous Owner Bradley Stephen D $184,571
Previous Owner Bradley Steven D $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $800,000 0.0% $326 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $800,000 +33.3% $326 / Sq Ft
06/21/2021 06/21/21 Sold $600,000 -7.7% $244 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $650,000 -- $265 / 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 $5,345 $717,200 $402,000 $315,200
2022 $4,351 $457,700 $300,000 $157,700
2021 $4,391 $457,700 $300,000 $157,700
2020 $4,391 $457,700 $300,000 $157,700
2019 $4,385 $457,700 $300,000 $157,700
2018 $4,324 $349,100 $216,000 $133,100
2017 $4,294 $349,100 $216,000 $133,100
2016 $4,291 $349,100 $216,000 $133,100
2015 -- $349,100 $216,000 $133,100
2014 $4,285 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4096515

Canopy MLS (Canopy Realtor® Association)

APN: 007-011-04