NOT LISTED FOR SALE

428 N Faulkner Way Davidson, NC 28036

Estimated Value: $736,797 - $882,000

3 Beds
2.5 Baths
2,302 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $655,512 $285 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,943/month

2 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Community Playground
  • Davidson Elementary School Rated A-
  • Detached Garage
  • 1-minute walk to Forest Park Playground

About This Home

As of March 2022

Lovely, updated, light-filled 3BR, 2.5 bath home w/open floorplan in the desirable St. Alban's neighborhood! The home features several outdoor living spaces including a covered front porch, beautiful screened porch w/ cathedral ceiling & rear deck. Newly landscaped backyard and new fence, adding to usable outdoor space. Located across from wooded common area & playground. Large, eat-in kitchen w/ newly painted cabinets opening to great room w/ a gas fireplace & soaring windows, along w/ laundry room, pantry, dining room & living room, and renovated bathroom on main level. New and refinished hardwoods on main level in 2021 as well as light fixtures and fans. Spacious primary suite, 2 bedrooms & full bath on upper level. Wonderful loft area perfect for an office, playroom or hobby area. New roof in 2017. AC has been replaced (upstairs in the past 4 yrs and downstairs in 2021) & new water heater in 2021. St. Alban's is very walkable and an easy 1 mile walk to town.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 02/25/2022

Keller Williams Lake Norman

Co-Listed By

Meredith Johnston

Keller Williams Lake Norman License #290752

Last Buyer's Agent

Renee Hornor

Premier South License #287861

Premier South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 58x133x59x133
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R100, VIP

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 003-314-20

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Built by David Weekley
  • New Neighborhood/Old Davidson Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,506

Year Built

Built in 2002

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Ratio Current Price By Acre: 3641733.33
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1151
  • 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: 1151
  • Porch: Back,Covered,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Electric Cooktop, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2302
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Satellite Internet Available, Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 458
  • Parking Features: Detached, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 150
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Davidson
  • HOA Subject To: Required
  • HOA Email: robin@mainstreetmanagers.com

Lot Info

  • Lot Features: Level, Paved, Wooded, Wooded
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 003-314-20
  • Lot Size: 58x133x59x133
  • Zoning Description: VIP

Building Info

  • Builder Name: David Weekley

Tax Info

  • RATIO List Price By Tax Amount: 1.39770

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Villa Scott M and Villa Lauren M
Bought by
Villa Revocable Trust
Total Days on Market
2
Current Estimated Value
$809,199

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 28, 2022
Sold by
Morgan Rebecca H and Morgan La Ignacio
Bought by
Villa Scott M and Villa Lauren M
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Renee Hornor
Premier South
List Price
$595,000
Sold Price
$655,512
Premium/Discount to List
$60,512
10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$345,512
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2020
Closed on
Oct 22, 2020
Sold by
Panza William R and Panza Katherine T
Bought by
Morgan Rebecca H and Delamorgan Ignacio
Seller's Agent
Shawn Murphy
Lake Norman Realty, Inc.
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.75%
Original Mortgage
$413,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Weekley Homes Lp
Bought by
Panza William R and Panza Katherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,992
Interest Rate
6.21%
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
Villa Revocable Trust -- None Listed On Document
Villa Scott M $656,000 Barristers Title Services Of T
Morgan Rebecca H $435,000 None Available
Panza William R $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Scott M $345,512
Previous Owner Morgan Rebecca H $413,250
Previous Owner Panza William R $630,000
Previous Owner Panza William R $183,992
Closed Panza William R $22,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $655,512 +10.2% $285 / Sq Ft
02/26/2022 02/26/22 For Sale $595,000 0.0% $258 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $595,000 +36.8% $258 / Sq Ft
10/29/2020 10/29/20 Sold $435,000 +1.2% $188 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $430,000 0.0% $186 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $430,000 -1.1% $186 / Sq Ft
03/07/2020 03/07/20 For Sale $435,000 -- $188 / 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 $4,506 $603,600 $175,000 $428,600
2022 $4,049 $425,700 $165,000 $260,700
2021 $4,101 $425,700 $165,000 $260,700
2020 $4,101 $425,700 $165,000 $260,700
2019 $4,095 $425,700 $165,000 $260,700
2018 $3,845 $308,300 $100,000 $208,300
2017 $3,819 $308,300 $100,000 $208,300
2016 $3,815 $308,300 $100,000 $208,300
2015 $3,812 $308,300 $100,000 $208,300
2014 $3,810 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3753217

Canopy MLS (Canopy Realtor® Association)

APN: 003-314-20