NOT LISTED FOR SALE

503 Arrow Point Ln Davidson, NC 28036

Estimated Value: $594,425 - $772,000

3 Beds
2.5 Baths
2,408 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2024

Last sale price $595,000 $247 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,883 / mo

91 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Laundry Room
  • Mud Room
  • Walk-In Closet
  • Tankless Water Heater

About This Home

As of September 2024

Back on market at NO FAULT of Seller. Come and experience the serenity and peace of Archer Ridge with this almost new construction home just recently completed in November of 2022. This charming farmhouse offers over 2,400 SF of casual luxury and includes 3 bedrooms, 2.5 baths, a mud/laundry room, a 2 car garage, inset bar/coffee station, and a 3rd level bonus room. Your new lot offers a full acre to spread out with plenty of room for a future pool. You'll find luxury designer finishes throughout, including: brushed gold fixtures in the master, matte black finishes in the oversized shared bath, abundant crown molding, a custom trim accent wall, solid wood cabinetry and quartz countertops. The canvas is prepped and ready for you to make this your personal dream home!

Last Agent to Sell the Property

Susan Ayers

HomeZu Brokerage Email: info@clickitrealty.com License #216309 Listed on: 06/04/2024

Last Buyer's Agent

Beth Sterner

Community Real Estate of The Carolinas LLC License #285482

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • Property is zoned RA

HOA Fees

  • $118 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 3 Open Parking Spaces

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3-Story Property
  • Wired For Data
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Charles E. Boger Elementary School
  • Northwest Middle School
  • Northwest Cabarrus High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Archer Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 249 166

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0.92 Acres

HOA Fees

$118 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2022
  • Restrictions: Architectural Review,Manufactured Home Allowed,Modular Not Allowed
  • Restrictions Description: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 247.09
  • Geocode Confidence: High
  • Attribution Contact: info@clickitrealty.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Entrance Foyer, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1080
  • Third Level Sq Ft: 312
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1016
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2408
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Vented
  • Living Area: 2408
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air, Ductless, Heat Pump
  • Utilities: Gas, Underground Power Lines, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 117.5
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1410.00

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 249 166
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Charles E. Boger
  • High School: Northwest Cabarrus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Beth Sterner
Community Real Estate of The Carolinas LLC
List Price
$639,000
Sold Price
$595,000
Premium/Discount to List
-$44,000
-6.89%
Views
59
Current Estimated Value
$658,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,606
Avg. Annual Appreciation
6.16%
Original Mortgage
$476,000
Outstanding Balance
$471,108
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$187,498

Purchase Details

Closed on
Nov 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 None Listed On Document
$305,500 --
$116,000 Investors Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $476,000
Previous Owner $296,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $595,000 -6.9% $247 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $639,000 0.0% $265 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $639,000 -1.5% $265 / Sq Ft
06/04/2024 06/04/24 For Sale $649,000 -- $270 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,534 $374,009 $76,000 $298,009
2024 $2,534 $374,009 $76,000 $298,009
2023 $2,534 $374,009 $76,000 $298,009
2022 $436 $57,800 $57,800 $0
2021 $425 $57,800 $57,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Ayers

    Seller's Agent in 2024

    Susan Ayers

    HomeZu

    (678) 344-1600

    3,468 Total Sales

    Susan Ayers
    Section Image
  • Beth Sterner

    Buyer's Agent in 2024

    Beth Sterner

    Community Real Estate of The Carolinas LLC

    (980) 228-1051

    13 Total Sales

    Beth Sterner
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4147442

Canopy MLS

APN: 249-166

North Carolina Cabarrus County Davidson 28036

503 Arrow Point Ln, Davidson, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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