NOT LISTED FOR SALE

507 Arrow Point Ln Davidson, NC 28036

Estimated Value: $827,000 - $937,000

0.92 Acre
$943,696 Price per Acre
40,075 Sq Ft Lot

Last Sold March 17, 2022

Last sale price $118,900

Est. 630% increase in value since last sale

Current estimated payment $5,210/month

35 Days on Market

About This Lot

As of March 2022

Picturesque .92 acre lot in highly desirable Archer Ridge. Recent perk permit in hand for a 4 bedroom home. Come build your new dream home today!

Last Agent to Sell the Property

Kimberly Gandy

Call It Closed International Inc License #228992 Listed on: 02/08/2022

Last Buyer's Agent

Janell Snevel

Premier Sotheby's International Realty License #302788

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,224

Lot Details

  • Lot Dimensions are 122x330
  • Property fronts a state road
  • Possible uses of the property include Residential

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Equal To The Number Of Bedrooms: 4
  • Septic Needed
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 249 167

Property Details

Property Type

Land

Est. Annual Taxes

$4,224

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 129239.13
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road, State Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 4
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Telephone On-Site, Underground Utilities
  • Water Source: Well Needed

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 Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 249 167
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Lot Size: 122x330
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 2.07439

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Lagniappe Builders Llc
Bought by
Pfeiffer James Edward and Pfeiffer Cheryl Lee
Current Estimated Value
$868,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,120
Outstanding Balance
$598,861
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$269,339

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 14, 2022
Sold by
Topaz Development Inc
Bought by
Lagniappe Builders Llc
Seller's Agent
Kimberly Gandy
Call It Closed International Inc
Buyer's Agent
Janell Snevel
Premier Sotheby's International Realty
List Price
$119,900
Sold Price
$118,900
Premium/Discount to List
-$1,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.02%
Source: Public Records

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Range of Values:

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List Price
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
Lagniappe Builders Llc $119,000 Investors Title
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $118,900 -0.8% --
03/15/2022 03/15/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $119,900 -- --
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
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

  • K

    Seller's Agent in 2022

    Kimberly Gandy

    Call It Closed International Inc

    (704) 906-2561

    49 Total Sales

    Kimberly Gandy
    Section Image
  • Janell Snevel

    Buyer's Agent in 2022

    Janell Snevel

    Premier Sotheby's International Realty

    (704) 661-1146

    69 Total Sales

    Janell Snevel
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3827792

Canopy MLS (Canopy Realtor® Association)

APN: 249-167

North Carolina Cabarrus County Davidson 28036

507 Arrow Point Ln, Davidson, NC

This home is located at 507 Arrow Point Ln, Davidson, NC 28036 since 08 February 2022 and is currently estimated at $868,200. 507 Arrow Point Ln is a home with nearby schools including Charles E. Boger Elementary School, Northwest Cabarrus Middle School, and Northwest Cabarrus High.

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