$2,600,000
SOLD MAY 30, 2025

503 Walnut St Davidson, NC 28036

5 Beds
5.5 Baths
3,872 Sq Ft
0.38 Acres

Recently Sold

$671 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Mud Room
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of May 2025

Welcome to 503 Walnut Street, where timeless charm meets modern convenience on one of Davidson’s most desirable streets. This beautifully crafted custom residence offers a bright and airy open floor plan with soaring ceilings, hardwood floors and elegant finishes throughout. The spacious living area flows seamlessly into a gourmet kitchen and remarkable dining room, perfect for casual gatherings or entertaining. Enjoy a main-level primary suite with a spa-like bath, plus three additional bedrooms with ensuite baths, a versatile bonus room, and the convenience of an elevator. A detached two-car garage includes a one-bedroom apartment, ideal for guests or rental income. Relax on the welcoming front porch or host gatherings in the spacious backyard with its covered porch and lush landscaping, all just a short stroll from downtown Davidson's shops and restaurants.

Last Agent to Sell the Property

Jessica Martin

TSG Residential Brokerage Email: jess@tsgresidential.com License #280682 Listed on: 04/17/2025

Last Buyer's Agent

Christine Mullally

EXP Realty LLC Mooresville License #201095

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,588

Year Built

  • Built in 2018

Lot Details

  • Infill Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned VI

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Spray Foam Insulation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Pocket Doors
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles
  • Entry Slope Less Than 1 Foot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Covered patio or porch
  • Separate Entry Quarters

Community Details

  • Built by CM Knight Fine Homes
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 007-043-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,588

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Second Living Quarters: Exterior Not Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Upper Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 581.27
  • Geocode Confidence: High
  • Attribution Contact: jess@tsgresidential.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Built-in Features, Drop Zone, Elevator, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2575
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1297
  • Appliances: Bar Fridge, Dishwasher, Disposal, Exhaust Fan, Exhaust Hood, Gas Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 3872
  • Accessibility Features: Lever Door Handles, Elevator, Entry Slope less than 1 foot
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Pocket Doors
  • Fireplace Features: Gas Vented, Great Room
  • Living Area: 3872
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 2
  • Room Count: 12

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Keypad Entry, On Street

Utilities

  • Heating: Central, Ductless, Forced Air
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Main Level, Sink
  • Cooling: Ceiling Fan(s), Central Air, Ductless, Electric
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Infill Lot, Level, Private
  • Lot Size Area: 0.386
  • Lot Size Units: Acres
  • Parcel Number: 007-043-04
  • Zoning: VI
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: VI

Green Features

  • Green Sustainability: Spray Foam Insulation
  • Green Verification Count: 0

Building Info

  • Builder Name: CM Knight Fine Homes

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
May 29, 2025
Sold by
Goldstein Eitan and Reed Kathryn F
Bought by
Dibella Minna and Dibella Brian M
Seller's Agent
Jessica Martin
TSG Residential
Buyer's Agent
Christine Mullally
EXP Realty LLC Mooresville
List Price
$2,675,000
Sold Price
$2,600,000
Premium/Discount to List
-$75,000
-2.8%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$1,030,317

Purchase Details

Listed on
Apr 17, 2025
Closed on
Apr 25, 2025
Sold by
Integrated Process Management Llc
Bought by
Reed Kathryn F and Goldstein Eitan
Seller's Agent
Jessica Martin
TSG Residential
Buyer's Agent
Christine Mullally
EXP Realty LLC Mooresville
List Price
$2,675,000
Sold Price
$2,600,000
Premium/Discount to List
-$75,000
-2.8%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,600,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$1,030,317

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 15, 2023
Sold by
Seymour Family Gst Irrevocable Trust
Bought by
Integrated Process Management Llc
Seller's Agent
Bill Worsley
TSG Residential
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$2,100,000
Sold Price
$2,100,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$1,680,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Hudson Robin B
Bought by
Seymour Family Gst Irrevocable Trust

Purchase Details

Closed on
Aug 1, 1994
Sold by
Davidson College Trustees
Bought by
Hudson Robert B and Hudson Robin B
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 $2,600,000 Tryon Title
Warranty Deed $2,600,000 Tryon Title
Warranty Deed -- None Listed On Document
Warranty Deed $2,100,000 None Listed On Document
Warranty Deed $515,000 None Available
Deed $113,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Closed $1,600,000 New Conventional
Previous Owner $1,680,000 New Conventional
Previous Owner $867,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $53,000 Credit Line Revolving
Previous Owner $120,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $2,600,000 -2.8% $671 / Sq Ft
04/17/2025 04/17/25 For Sale $2,675,000 +27.4% $691 / Sq Ft
11/21/2023 11/21/23 Sold $2,100,000 0.0% $543 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $2,100,000 -- $543 / 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 $10,588 $1,406,800 $502,500 $904,300
2022 $8,678 $917,100 $300,000 $617,100
2021 $8,558 $917,100 $300,000 $617,100
2020 $8,558 $739,200 $300,000 $439,200
2019 $6,704 $739,200 $300,000 $439,200
2018 $1,971 $282,500 $168,000 $114,500
2017 $3,518 $282,500 $168,000 $114,500
2016 $3,515 $282,500 $168,000 $114,500
2015 $3,511 $282,500 $168,000 $114,500
2014 $3,509 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4247135

Canopy MLS (Canopy Realtor® Association)

APN: 007-043-04