506 N Faulkner Way Davidson, NC 28036
3
Beds
2.5
Baths
2,615
Sq Ft
9,148
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- Attached Garage
- Davidson Elementary School Rated A-
- Cottage
- 1-minute walk to Forest Park Playground
About This Home
As of March 2023Great house in desirable St. Albans neighborhood in Davidson.Property is in wonderful condition with recent upgrades.Just 1.2 miles from Main Street, home provides inviting indoor and outdoor spaces. Large covered front porch and spacious rear deck overlooking the backyard. Front yard was newly sodded in the fall of 2019 & a professional landscape plan has been prepared for the entire yard. Large master suite on main. Half bath and upstairs bath updated 2017.Upstairs has two bedrooms and full bath along with a bonus room. Quiet street with no through traffic & spacious backyard make for good privacy.New roof w/50 yr shingles (2019), 2 new AC units & gas furnace (2019), whole house air purifier on AC (2019), exterior deck flooring replaced (2019),new microwave (2018),total interior & exterior painting (2017)all new hardwood floors (2017).Transferable termite bond.Kitchen has gas range & granite.Custom barn door.Built-in wine fridge. Gutter guards.Built in speakers:office,bonus,deck.
Last Agent to Sell the Property
Keller Williams Lake Norman License #246140 Listed on: 03/07/2020
Last Buyer's Agent
Keller Williams Lake Norman License #246140 Listed on: 03/07/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- Home fronts a stream
- Many Trees
HOA Fees
- $25 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Cottage
Interior Spaces
- Open Floorplan
- Gas Log Fireplace
- Insulated Windows
- Window Treatments
- Crawl Space
Kitchen
- Breakfast Bar
- Oven
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 003-314-15
Community Details
Overview
- Main Street Management Association, Phone Number (704) 255-1266
- Built by David Weekley
Recreation
- Community Playground
- Dog Park
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $491,000 | Investors Title Insurance | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $328,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,800 | New Conventional | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $306,787 | FHA | |
| Previous Owner | $93,139 | Credit Line Revolving | |
| Previous Owner | $223,910 | Purchase Money Mortgage | |
| Previous Owner | $80,000,000 | Unknown | |
| Closed | $55,977 | No Value Available |
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: CAR3588101
APN: 003-314-15
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