NOT LISTED FOR SALE

514 Westside Terrace Davidson, NC 28036

Estimated Value: $302,000 - $436,000

3 Beds
1 Bath
1,025 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $320,000 $312 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,957/month

3 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Davidson Elementary School Rated A-
  • Ranch Style House
  • Laundry Room

About This Home

As of July 2024

A Handyman's Haven or an Investor's Treasure! Full brick ranch on a picturesque homesite in the heart of Davidson. Very short distance to downtown Davidson, Davidson College, major grocery, and Lake Cornelius and Lake Norman. Home features 3 bedrooms & 1 full bath. Renovate this gem and make it your own! Gas range in kitchen. Tankless hot water heater. Storage building out back and attached carport.

Last Agent to Sell the Property

Shauna Graves

Howard Hanna Allen Tate Center City Brokerage Email: gravesrealtygroupinc@gmail.com License #248357 Listed on: 06/01/2024

Howard Hanna Allen Tate Center City

Last Buyer's Agent

Mike Pizon

Howard Hanna Allen Tate Lake Norman License #306812

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 77x153x65x153
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned VIP

Parking

  • 1 Attached Carport Space

Home Design

  • Ranch Style House
  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,025 Sq Ft Home
  • Crawl Space
  • Storm Doors
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Tankless Water Heater

Community Details

  • Lakeside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 003-232-22

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1970
  • Restrictions: No Representation
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 312.20
  • Geocode Confidence: High
  • Attribution Contact: gravesrealtygroupinc@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1025
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Gas Range, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 1025
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1025
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air, Wall Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 003-232-22
  • Lot Size: 77x153x65x153
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 2, 2024
Sold by
Cornelius Rosa M and Torrence Margorie M
Bought by
Cruz-Solano Orlando
Seller's Agent
Shauna Graves
Howard Hanna Allen Tate Center City
Buyer's Agent
Mike Pizon
Howard Hanna Allen Tate Lake Norman
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Views
3
Current Estimated Value
$361,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,216
Avg. Annual Appreciation
7.39%
Original Mortgage
$256,000
Outstanding Balance
$252,960
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$108,256

Purchase Details

Closed on
Nov 1, 1970
Bought by
Torrence Alexander J
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
Cruz-Solano Orlando $320,000 None Listed On Document
Torrence Alexander J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz-Solano Orlando $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $320,000 +6.7% $312 / Sq Ft
06/01/2024 06/01/24 For Sale $300,000 -- $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 $936 $236,800 $110,000 $126,800
2024 $936 $236,800 $110,000 $126,800
2023 $700 $236,800 $110,000 $126,800
2022 $581 $115,000 $50,000 $65,000
2021 $1,082 $115,000 $50,000 $65,000
2020 $561 $115,000 $50,000 $65,000
2019 $555 $115,000 $50,000 $65,000
2018 $965 $79,900 $33,300 $46,600
2017 $1,156 $79,900 $33,300 $46,600
2016 $687 $79,900 $33,300 $46,600
2015 $1,149 $79,900 $33,300 $46,600
2014 $1,313 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4146587

Canopy MLS (Canopy Realtor® Association)

APN: 003-232-22

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