NOT LISTED FOR SALE

514 Ridgewood Ave Davidson, NC 28036

Estimated Value: $1,505,000 - $2,052,000

4 Beds
4.5 Baths
4,318 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,330,000 $308 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,754/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Mud Room
  • Davidson Elementary School Rated A-
  • Corner Lot
  • Wine Refrigerator

About This Home

As of July 2021

Ideal Downtown Davidson home on lovely, mature street just 2 blocks from Davidson College and shops and eateries on Main Street. Enjoy newer construction custom home built by local builder with all of the charm of a historic house. Designer finishes throughout and space for everyone with primary bedroom on main level, 2 secondary bedrooms on upper level with ample storage and large loft. The lower level features large rec room with wet bar and access to rear yard, full bath, unfinished storage room and large workout / home office space. Plus guest suite (or home office, workout space, etc.) located above detached 2 car garage. Beautiful landscaping installed for easy, year round care and privacy.

Last Agent to Sell the Property

Non Member

Canopy Administration Brokerage Email: support@carolinahome.com Listed on: 05/24/2021

Last Buyer's Agent

Jessica Martin

TSG Residential License #280682

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 9,147 Sq Ft Lot
  • Infill Lot
  • Corner Lot
  • Irrigation
  • Property is zoned VIP

Parking

  • 2 Car Detached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • 3 Open Parking Spaces

Home Design

  • Bungalow
  • Spray Foam Insulation
  • Hardboard
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Pocket Doors
  • Mud Room
  • Living Room with Fireplace
  • Screened Porch
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by John Marshall Custom Homes

Listing and Financial Details

  • Assessor Parcel Number 007-041-29

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

9,147 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 2016
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Exterior Not Connected,Separate Entrance,Upper Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 268.63
  • Attribution Contact: support@carolinahome.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Wood
  • Interior Amenities: Built-in Features, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1910
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 180
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 180
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1193
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 3103
  • Has Basement: Basement, Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1215
  • Door Features: Pocket Doors
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 4318
  • Window Features: Window Treatments
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hard Stucco, Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Ductless, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Utilities: Cable Available, Gas, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Infill Lot
  • Lot Size Units: Acres
  • Parcel Number: 007-041-29
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

Green Features

  • Green Sustainability: Spray Foam Insulation

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
May 24, 2021
Closed on
Jul 8, 2021
Sold by
Cahill Damon A and Cahill Sara C
Bought by
Stout Lawrence H and Stout Tracey H
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Jessica Martin
TSG Residential
List Price
$1,330,000
Sold Price
$1,330,000
Current Estimated Value
$1,855,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,275
Avg. Annual Appreciation
6.56%
Original Mortgage
$900,000
Outstanding Balance
$816,610
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$979,334

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 19, 2020
Sold by
Johnston Meredith A and Johnston Mitchell R
Bought by
Cahill Damon A and Cahill Sara C
Seller's Agent
Meredith Johnston
Keller Williams Lake Norman
Buyer's Agent
Sara Cahill
Ivester Jackson Christie's
List Price
$1,099,000
Sold Price
$1,075,000
Premium/Discount to List
-$24,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.36%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Jenest Brian C and Jenest Sarah B
Bought by
Johnston Meredith A and Johnston Mitchell R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Stout Lawrence H $1,330,000 Morehead Title Company
Cahill Damon A $1,075,000 The Title Company Of Nc
Johnston Meredith A $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Lawrence H $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2021 07/08/21 Sold $1,330,000 0.0% $308 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $1,330,000 +23.7% $308 / Sq Ft
08/19/2020 08/19/20 Sold $1,075,000 -2.2% $287 / Sq Ft View Prior Sale
07/19/2020 07/19/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $1,099,000 -- $293 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $10,093 $1,340,800 $284,800 $1,056,000
2024 $10,093 $1,340,800 $284,800 $1,056,000
2023 $10,126 $1,364,000 $284,800 $1,079,200
2022 $8,685 $917,900 $300,000 $617,900
2021 $8,331 $892,100 $300,000 $592,100
2020 $8,090 $892,100 $300,000 $592,100
2019 $8,325 $892,100 $300,000 $592,100
2018 $7,206 $611,500 $156,000 $455,500
2017 $7,353 $611,500 $156,000 $455,500
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3760541

Canopy MLS (Canopy Realtor® Association)

APN: 007-041-29

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