NOT LISTED FOR SALE

510 N Faulkner Way Davidson, NC 28036

Estimated Value: $1,020,000 - $1,520,000

4 Beds
5 Baths
4,446 Sq Ft
$282/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $1,000,000 $225 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,560/month

85 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Transitional Architecture
  • Davidson Elementary School Rated A-
  • Wooded Lot
  • 2-minute walk to Forest Park Playground

About This Home

As of June 2023

Lovely, custom- built home on a quiet street in the desirable St. Albans neighborhood of Davidson. Less than one mile to historic Downtown Davidson & Davidson College. Situated on a .30 acre lot, this home has wonderful indoor & exterior spaces. Large covered front porch & an elevated three-tiered deck overlooking the private rear yard. Very desirable floorplan, w/ primary bedroom on main level w/2 large walk-in closets. Chef's kitchen features double ovens & gas range w/ vented hood. Spacious great room w/coffered ceilings & fireplace overlooking the private backyard. Beautiful hardwood flooring on main level. Upper level features large secondary BRs & guest suite w/ its own bathroom. Also a very large family/game room w/ French doors & a bonus room that can be used as a craft room, den or office. Storage abounds w/ 272 sq. ft. walk-in on upper level & 730 sq.ft. in enclosed crawl space. Fenced rear yard. No thru traffic on this street.

Last Listed By

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 02/04/2023

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,122

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 64x162x121x132
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned VIP

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 2 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Access to stream, creek or river
  • 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 003-314-14

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Built by John Marshall Custom Homes
  • New Neighborhood/Old Davidson Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,122

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2005
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 224.92
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2216
  • 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: 2230
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 4446
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 4446
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 15

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 495
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, On Street, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Utilities: Cable Available, Gas, Satellite Internet Available, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Picnic Area, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 150
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • Association: Yes
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: robin@mainstreetmanagers.com

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Paved, Sloped, Creek/Stream, Wooded
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 003-314-14
  • Zoning: RES
  • Development Status: Completed
  • Lot Size Acres: 0.3
  • Lot Size: 64x162x121x132
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

Building Info

  • Builder Name: John Marshall Custom 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
Feb 4, 2023
Closed on
Jun 21, 2023
Sold by
Clark Michael Scott and Clark Rosalie Ellen
Bought by
Mishler Matt L and Mishler Melissa A
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Melissa Mishler
Allen Tate Lake Norman
List Price
$1,130,000
Sold Price
$1,000,000
Premium/Discount to List
-$130,000
-11.5%
Total Days on Market
85
Views
174
Current Estimated Value
$1,251,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,999
Avg. Annual Appreciation
12.70%
Original Mortgage
$532,000
Outstanding Balance
$518,002
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$733,997

Purchase Details

Closed on
Jun 21, 2013
Sold by
Graham Rodney A and Graham Melissa A
Bought by
Clark Michael Scott and Clark Rosalie Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
John Marshall Custom Homes Inc
Bought by
Graham Rodney A and Graham Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
Construction

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
Mishler Matt L $1,000,000 Morehead Title
Clark Michael Scott $517,000 None Available
Graham Rodney A -- --
John Marshall Custom Homes Inc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishler Matt L $204,349
Open Mishler Matt L $532,000
Previous Owner Clark Michael Scott $100,000
Previous Owner Clark Michael Scott $647,200
Previous Owner Clark Michael Scott $60,000
Previous Owner Clark Michael Scott $413,600
Previous Owner Graham Rodney A $266,100
Previous Owner Graham Rodney A $129,300
Previous Owner Graham Rodney A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $1,000,000 -8.7% $225 / Sq Ft
04/23/2023 04/23/23 Price Changed $1,095,000 -3.1% $246 / Sq Ft
02/04/2023 02/04/23 For Sale $1,130,000 -- $254 / 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 $7,122 $957,600 $175,000 $782,600
2022 $5,941 $626,600 $165,000 $461,600
2021 $5,923 $626,600 $165,000 $461,600
2020 $5,923 $626,600 $165,000 $461,600
2019 $5,917 $626,600 $165,000 $461,600
2018 $6,097 $500,200 $110,000 $390,200
2017 $6,056 $500,200 $110,000 $390,200
2016 $6,052 $500,200 $110,000 $390,200
2015 $5,998 $495,800 $110,000 $385,800
2014 $5,996 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3937649

Canopy MLS (Canopy Realtor® Association)

APN: 003-314-14