$805,401 - $838,000
RENTED MAR 27, 2025

502 N Faulkner Way Davidson, NC 28036

4 Beds
2.5 Baths
2,696 Sq Ft
$304 Price per Sq Ft

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Davidson Elementary School Rated A-
  • Charleston Architecture
  • 1-minute walk to Forest Park Playground

About This Home

As of March 2025

Welcome to the charming David Weekley home with its spacious open floor plan, four bedrooms, and two and a half bathrooms offering ample space for comfortable living. The location couldn't be better—close to playgrounds, walking trails, and the historic charm of Davidson. Hardwood floors on the main level add a touch of elegance, while the attached two-car garage provides convenience and security.

The school year of 2025-2026 grades 6th, 7th & 8th will go to Bailey Middle School. Please confirm with the school if this is important to your buyers. https://www.cmsk12.org/

Tenants require a 24 hour notice before showing. No showings April 2nd-3rd.

Application must be completed if interested.

Last Agent to Rent the Property

Meg OBrien

Allen Tate Davidson Brokerage Email: meg.obrien@allentate.com License #221882 Listed on: 03/21/2025

Allen Tate Davidson

Last Renter's Agent

Meg OBrien

Allen Tate Davidson Brokerage Email: meg.obrien@allentate.com License #221882 Listed on: 03/21/2025

Allen Tate Davidson

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage

Home Design

  • Charleston Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Wooded Lot

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 5/1/25
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 003-314-16

Community Details

Overview

  • Old Davidson Subdivision

Recreation

  • Community Playground
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional
  • Lease Term: 12 Months
  • Available Date: 2025-05-01
  • Pet Deposit: 500
  • Security Deposit: 3500
  • Application Fee: 85

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Charleston
  • Year Built: 2002
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.30
  • Geocode Confidence: High
  • Attribution Contact: meg.obrien@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Other, Garden Tub, Kitchen Island, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1194
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1502
  • Appliances: Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 2696
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 2696
  • Bedroom Main: 0
  • Room Count: 13
  • Move In Fee: 0

Exterior Features

  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Walking Trails
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 003-314-16
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

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

Closed on
Nov 16, 2020
Sold by
Crespo Francisco and Francisco Crespo Revocable Tru
Bought by
Monkey Picked Llc
Current Estimated Value
$818,350

Purchase Details

Closed on
Jan 28, 2015
Sold by
Belt Susan H
Bought by
Crespo Francisco and Francisco Crespo Revocable Trust

Purchase Details

Closed on
Nov 14, 2003
Sold by
Weekley Homes Lp
Bought by
Belt Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2001
Sold by
Boone Communities/Davidson Llc
Bought by
Weekley Homes Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Monkey Picked Llc -- None Available
Crespo Francisco $375,000 None Available
Belt Susan H $272,500 --
Weekley Homes Lp $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belt Susan H $69,900
Previous Owner Belt Susan H $20,600
Previous Owner Belt Susan H $120,000
Previous Owner Belt Susan H $224,900
Previous Owner Weekley Homes Lp $80,000,000
Closed Belt Susan H $56,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Rented $3,500 0.0% --
03/21/2025 03/21/25 For Rent $3,500 0.0% --
06/28/2024 06/28/24 Rented $3,500 0.0% --
05/28/2024 05/28/24 For Rent $3,500 +9.4% --
12/11/2021 12/11/21 Rented $3,200 0.0% --
11/09/2021 11/09/21 For Rent $3,200 +39.1% --
04/01/2017 04/01/17 Rented $2,300 -8.0% --
03/13/2017 03/13/17 Under Contract -- -- --
03/08/2017 03/08/17 For Rent $2,500 -12.3% --
05/15/2016 05/15/16 Rented $2,850 +14.0% --
04/25/2016 04/25/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $2,500 -- --
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 -- $669,400 $175,000 $494,400
2023 $4,134 $669,400 $175,000 $494,400
2022 $4,134 $455,800 $165,000 $290,800
2021 $4,134 $455,800 $165,000 $290,800
2020 $4,134 $455,800 $165,000 $290,800
2019 $4,368 $455,800 $165,000 $290,800
2018 $4,094 $329,500 $100,000 $229,500
2017 $4,066 $329,500 $100,000 $229,500
2016 $4,062 $329,500 $100,000 $229,500
2015 $4,059 $329,500 $100,000 $229,500
2014 $4,057 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4237791

Canopy MLS (Canopy Realtor® Association)

APN: 003-314-16