NOT LISTED FOR SALE

5169 Odell School Rd Davidson, NC 28036

Estimated Value: $1,174,265

20.03 Acres
$58,625 Price per Acre
872,507 Sq Ft Lot

Sale Details

Date Sold: December 19, 2019

Last sale price $700,000

Est. 68% increase in value since last sale

Current estimated payment $6,850 / mo

80 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Private Lot
  • Charles E. Boger Elementary School Rated A-
  • Stables
  • Wooded Lot

About This Lot

As of December 2019

Rare foreclosure with tons of opportunities! Former retail and horse stables/riding arena. Acreage as well. Would be great for development, event venue, horse farm...the options are endless!

Last Agent to Sell the Property

Chris Carter

CARTER GROUP REALTORS® License #235499 Listed on: 08/31/2019

Last Buyer's Agent

Denise Mannion

Southern Homes of the Carolinas, Inc License #269163

Property Details

Property Type

  • Land

Lot Details

  • Private Lot
  • Wooded Lot

Farming

  • Barn
  • Livestock
  • Fenced For Cattle

Horse Facilities and Amenities

  • Hay Storage
  • Stables

Additional Features

  • Storage Room
  • Septic Tank

Community Details

  • Horse Facilities
  • Separate Outdoor Workshop
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 4673-55-7631-0000

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Commercial
  • Ratio Close Price By List Price: 0.70140
  • Ratio Close Price By Original Li: 0.54264
  • Ratio Current Price By Acre: 34942.35
  • Restrictions: No Restrictions
  • Additional Information: Appraisal
  • Special Features: None

Interior Features

  • Foundation Details: Concrete

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Feed Barn, Fenced Pasture, Hay Shed, Livestock Run In, Stable, Shed(s), Storage Unit, Workshop

Utilities

  • Sewer: Septic Installed
  • Water: Well Installed

Lot Info

  • Lot Features: Paved Frontage, Private, Wooded
  • Parcel Number: 4673-55-7631-0000
  • Zoning Specification: AO
  • Can Be Subdivided: Yes
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 1114360.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Horse Power Stables Llc
Bought by
Hps Llc
Current Estimated Value
$1,174,265

Purchase Details

Listed on
Aug 31, 2019
Closed on
Dec 16, 2019
Sold by
Carolina Farm Credit Aca
Bought by
Horse Power Stables Llc
Seller's Agent
Chris Carter
CARTER GROUP REALTORS®
Buyer's Agent
Denise Mannion
Southern Homes of the Carolinas, Inc
List Price
$998,000
Sold Price
$700,000
Premium/Discount to List
-$298,000
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Aug 23, 2019
Sold by
20 20 Properties Llc
Bought by
Carolina Farm Credit Aca

Purchase Details

Closed on
Dec 31, 2018
Sold by
Wallace Thomas J C and Wallace Marie W
Bought by
Carolina Farm Credit Aca

Purchase Details

Closed on
Jul 21, 2011
Sold by
Wallace J C and Wallace Marie W
Bought by
Champion Martha Jane Wallace

Purchase Details

Closed on
Aug 22, 2006
Sold by
Wallace J C and Wallace Marie
Bought by
Coley Jane Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Wallace James Cashion and Wallace Marie Walker
Bought by
Coley Jane Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1998
Sold by
Wallace J C and Wallace Marie W
Bought by
Coley Martha Jane Wallace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hps Llc -- None Listed On Document
Horse Power Stables Llc -- None Available
Carolina Farm Credit Aca -- None Available
Carolina Farm Credit Aca $430,000 None Available
Champion Martha Jane Wallace -- None Available
Coley Jane Wallace $25,000 None Available
Coley Jane Wallace -- None Available
Coley Martha Jane Wallace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coley Jane Wallace $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $700,000 -29.9% --
11/19/2019 11/19/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $998,000 0.0% --
10/08/2019 10/08/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $998,000 -22.6% --
08/31/2019 08/31/19 For Sale $1,290,000 -- --
Source: Canopy MLS

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 $6,972 $1,097,930 $592,580 $505,350
2024 $6,972 $1,097,930 $592,580 $505,350
2023 $7,587 $919,640 $366,000 $553,640
2022 $7,431 $919,640 $366,000 $553,640
2021 $7,431 $919,640 $366,000 $553,640
2020 $7,431 $919,640 $366,000 $553,640
2019 $9,004 $1,114,360 $330,340 $784,020
2018 $8,781 $1,114,320 $330,300 $784,020
2017 $8,558 $1,114,320 $330,300 $784,020
2016 $2,413 $824,490 $50,830 $773,660
2015 $6,250 $824,490 $50,830 $773,660
2014 $6,250 $824,490 $50,830 $773,660
Source: Public Records

Agents Affiliated with this Home

  • Chris Carter

    Seller's Agent in 2019

    Chris Carter

    CARTER GROUP REALTORS®

    (704) 898-4264

    1 in this area

    60 Total Sales

    Chris Carter
    Section Image

  • D

    Buyer's Agent in 2019

    Denise Mannion

    Southern Homes of the Carolinas, Inc

    (704) 677-3355

    3 in this area

    26 Total Sales

    Denise Mannion
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3545805

Canopy MLS

APN: 4673-55-7631-0000

North Carolina Cabarrus County Davidson 28036

5169 Odell School Rd, Davidson, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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