506 N Faulkner Way Davidson, NC 28036
Estimated Value: $781,000 - $906,000
3
Beds
2.5
Baths
2,615
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Wood Flooring
- Davidson Elementary School Rated A-
- Wooded Lot
- 1-minute walk to Forest Park Playground
About This Home
As of March 2023Cottage style 1.5 story home in highly desirable St. Albans Commons in Davidson! Property is in excellent condition w/ recent upgrades. Located only 1.2 miles from Main Street in a quiet, friendly, walkable neighborhood. Covered front porch & spacious rear deck overlooking backyard. Large primary suite on main along with a great room, dining area & office/study. Half bath on main & upstairs full bath renovated in 2017. Upper level has 2 BRs, bonus & full bath. Quiet street w/ no through traffic makes for good privacy. Newer roof w/ 50 year shingles (2019), 2 new AC units & gas furnace (2019), whole house air purifier (2019), exterior deck flooring replaced (2019), new microwave (2018), total interior & exterior painting (2017) and new hardwood floors (2017). Kitchen has gas range, SS appliances, granite & built-in wine fridge. Built-in speakers for office, bonus & deck. Gutter guards.
Last Agent to Sell the Property
Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 01/09/2023
Last Buyer's Agent
Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 01/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,519
Year Built
- Built in 2004
Lot Details
- 9,147 Sq Ft Lot
- Lot Dimensions are 63x132x72x131
- Cul-De-Sac
- Paved or Partially Paved Lot
- Sloped Lot
- Wooded Lot
- Property is zoned VIP
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Cottage
Interior Spaces
- 1.5-Story Property
- Open Floorplan
- Wired For Data
- Built-In Features
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Entrance Foyer
- Great Room with Fireplace
- Crawl Space
Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Laundry
- Laundry Room
- Electric Dryer Hookup
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Davidson K-8 Elementary And Middle School
- William Amos Hough High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 003-314-15
Community Details
Overview
- Main Street Management Group Association, Phone Number (704) 255-1266
- Built by David Weekley Homes
- New Neighborhood/Old Davidson Subdivision
- Mandatory home owners association
Recreation
- Community Playground
- Dog Park
- Trails
Additional Features
- Picnic Area
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2020
Closed on
May 1, 2020
Sold by
Barton Joann M and Barton David E
Bought by
Levering Ralph B
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$519,900
Sold Price
$491,000
Premium/Discount to List
-$28,900
-5.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,193
Avg. Annual Appreciation
10.48%
Original Mortgage
$392,800
Outstanding Balance
$353,657
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$465,149
Purchase Details
Closed on
May 25, 2017
Sold by
Young Patrick A and Young Joann M
Bought by
Young Patrick A and Young Joann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2011
Sold by
Sanchez Paul R
Bought by
Young Patrick A and Young Joann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,787
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 3, 2009
Sold by
Sanchez Paul R
Bought by
Sanchez Paul R and The Sanchez Living Trust
Purchase Details
Closed on
Jun 5, 2009
Sold by
Sanchez Barbara L
Bought by
Sanchez Paul R
Purchase Details
Closed on
Aug 4, 2004
Sold by
Weekley Homes Lp
Bought by
Sanchez Paul R and Sanchez Barbara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,910
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Davidson, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Levering Ralph B | $491,000 | Investors Title Insurance | |
| Young Patrick A | -- | None Available | |
| Young Patrick A | $328,000 | None Available | |
| Sanchez Paul R | -- | None Available | |
| Sanchez Paul R | -- | None Available | |
| Sanchez Paul R | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Levering Ralph B | $392,800 | |
| Previous Owner | Barton David E | $165,000 | |
| Previous Owner | Young Patrick A | $280,000 | |
| Previous Owner | Young Patrick A | $306,787 | |
| Previous Owner | Sanchez Paul R | $93,139 | |
| Previous Owner | Sanchez Paul R | $223,910 | |
| Previous Owner | Weekley Homes Lp | $80,000,000 | |
| Closed | Sanchez Paul R | $55,977 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $680,000 | -2.2% | $260 / Sq Ft |
| 01/09/2023 01/09/23 | For Sale | $695,000 | +41.5% | $266 / Sq Ft |
| 05/04/2020 05/04/20 | Sold | $491,000 | -5.6% | $188 / Sq Ft |
| 04/02/2020 04/02/20 | Pending | -- | -- | -- |
| 03/07/2020 03/07/20 | For Sale | $519,900 | -- | $199 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,519 | $662,100 | $175,000 | $487,100 |
| 2022 | $4,519 | $475,600 | $165,000 | $310,600 |
| 2021 | $4,554 | $475,600 | $165,000 | $310,600 |
| 2020 | $4,449 | $464,000 | $165,000 | $299,000 |
| 2019 | $4,443 | $464,000 | $165,000 | $299,000 |
| 2018 | $4,136 | $333,100 | $100,000 | $233,100 |
| 2017 | $4,108 | $333,100 | $100,000 | $233,100 |
| 2016 | $4,104 | $333,100 | $100,000 | $233,100 |
| 2015 | $4,101 | $333,100 | $100,000 | $233,100 |
| 2014 | $4,099 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lib Richards
Seller's Agent in 2023
Mary Lib Richards
Keller Williams Lake Norman
(704) 609-4674
211 Total Sales
-
Jim Richards
J
Seller Co-Listing Agent in 2020
Jim Richards
Keller Williams Lake Norman
(704) 609-4674
49 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3933040
APN: 003-314-15
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