NOT LISTED FOR SALE

507 Arrow Point Ln Unit 12 Davidson, NC 28036

Estimated Value: $844,242 - $914,000

4 Beds
3.5 Baths
3,098 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $778,900 $251 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,980/month

109 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Charles E. Boger Elementary School Rated A-
  • Wooded Lot
  • Mud Room

About This Home

As of June 2022

Situated on just under an acre on a quiet street East of Davidson, you’ll enjoy living in this Brand New, Luxury Modern Farmhouse, perfect for almost any size family. Proposed of 3,098 sqft, this 4 Bedroom, Bonus Room or 5th Bedroom, 3 ½ Bathroom Home doesn’t compromise on space. Features include Main Level Master Bedroom, Coffered Ceiling in Great Room, Solid Wood Cabinets, Soft Close Cabinet Doors and Drawers, Quartz Countertops, Custom Built in Master Closet Shelving, Custom Tile Shower with Frameless Glass in Master Bath, and Tankless Water Heater. Step outside onto the Back Patio where the possibilities are endless in the Vast Yard Space. Considered in not just its layout, but its use of space, this floor plan is seamless — enhancing the everyday life of those who will live in this curated space.

Last Agent to Sell the Property

Janell Snevel

Premier Sotheby's International Realty License #302788 Listed on: 03/07/2022

Last Buyer's Agent

Sherri D'Alessandro

Ivester Jackson Christie's License #130238

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 122x330
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Proposed Property

Interior Spaces

  • Open Floorplan
  • Mud Room
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Parking

  • Detached Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Archer Ridge HOA, Phone Number (704) 641-7885
  • Built by Lagniappe Builders
  • Archer Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 249 167

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,224

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Ratio Current Price By Acre: 846630.43
  • Restrictions: Architectural Review
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-01-31
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1720
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1378
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Covered,Front,Patio
  • Appliances: Cable Prewire, CO Detector, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Hood, Plumbed For Ice Maker, Microwave, Oven, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 3098
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Proposed
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 576
  • Parking Features: Detached, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Upper Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Archer Ridge HOA
  • Phone: 704-641-7885
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 249 167
  • Lot Size: 122x330
  • Zoning Description: SFR

Building Info

  • Builder Name: Lagniappe Builders

Tax Info

  • RATIO List Price By Tax Amount: 12.62803

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jun 14, 2022
Sold by
Lagniappe Builders Llc
Bought by
Pfeiffer James Edward and Pfeiffer Cheryl Lee
Seller's Agent
Janell Snevel
Premier Sotheby's International Realty
Buyer's Agent
Sherri D'Alessandro
Ivester Jackson Christie's
List Price
$729,900
Sold Price
$778,900
Premium/Discount to List
$49,000
6.71%
Current Estimated Value
$878,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,661
Avg. Annual Appreciation
3.67%
Original Mortgage
$623,120
Outstanding Balance
$594,977
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$283,584

Purchase Details

Closed on
Mar 14, 2022
Sold by
Topaz Development Inc
Bought by
Lagniappe Builders Llc
Source: Public Records

Range of Values:

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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
Pfeiffer James Edward $165,000 Mcmillan Psaroudis & Markey Pa
Pfeiffer James Edward $165,000 None Listed On Document
Lagniappe Builders Llc $119,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeiffer James Edward $623,120
Closed Pfeiffer James Edward $623,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $778,900 +6.7% $251 / Sq Ft
03/07/2022 03/07/22 For Sale $729,900 -- $236 / 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
2025 $4,224 $623,517 $76,000 $547,517
2024 $4,224 $623,517 $76,000 $547,517
2023 $2,111 $311,565 $76,000 $235,565
2022 $436 $57,800 $57,800 $0
2021 $425 $57,800 $57,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3835940

Canopy MLS (Canopy Realtor® Association)

APN: 249-167