NOT LISTED FOR SALE

517 Walnut St Davidson, NC 28036

Estimated Value: $990,000 - $1,815,000

4 Beds
5 Baths
3,399 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $853,000 $251 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $10,284/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Walk-In Closet
  • Davidson Elementary School Rated A-
  • Fireplace
  • Kitchen Island

About This Home

As of May 2017

Downtown Davidson at it's finest with this fully custom chic modern home. A Fine Homes full rebuild in 2013. Five minute walk gets you to Davidson College, shopping, farmers market, restaurants, and all of Davidson has to offer. Finishes and upgrades are endless featuring marble counter tops in gourmet kitchen, wine room, high end hardware and lighting, surround sound inside/out, outdoor shower, two fireplaces, etc. Intrinsic floor plan completes the finishes for an easy day to day lifestyle.

Last Agent to Sell the Property

Michelle Hovey

COMPASS License #275544 Listed on: 03/16/2017

COMPASS

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman License #246140

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.37

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Built by Fine Homes

Listing and Financial Details

  • Assessor Parcel Number 007-043-06

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.97486
  • Ratio Close Price By Original Li: 0.97486
  • Ratio Current Price By Acre: 2305405.41
  • Ratio Current Price By Sq Ft: 250.96
  • Year Built: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1042
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Warming Drawer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Kitchen Island, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2357
  • Total Sq Ft: 3399

Exterior Features

  • Construction: Brick Partial, Stone, Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 1, Parking Space - 2, Parking Space - 3

Utilities

  • Sewer: City Sewer
  • Water: City Water

Lot Info

  • Parcel Number: 007-043-06
  • Plat Reference Section Pages: 899-901
  • Zoning: Residential
  • Zoning Specification: VIP

Building Info

  • Builder Name: Fine Homes

Tax Info

  • Tax Value: 454000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jul 10, 2017
Sold by
Frederick Shwncey Michael
Bought by
Hamilton Katonya
Seller's Agent
Michelle Hovey
COMPASS
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$875,000
Sold Price
$853,000
Premium/Discount to List
-$22,000
-2.51%
Current Estimated Value
$1,812,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,219
Avg. Annual Appreciation
7.39%
Original Mortgage
$337,250
Outstanding Balance
$280,659
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,293,845

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 22, 2017
Sold by
Neal Timohty D and Neal Rebecca A
Bought by
Baker Dirk E and Baker Katherine S
Seller's Agent
Michelle Hovey
COMPASS
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$875,000
Sold Price
$853,000
Premium/Discount to List
-$22,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$280,659
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,293,845

Purchase Details

Closed on
Aug 28, 2012
Sold by
Sherrill Margaret Reid
Bought by
Neal Timothy D and Neal Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.63%
Mortgage Type
New Conventional
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
Hamilton Katonya $355,000 None Available
Baker Dirk E $853,000 None Available
Neal Timothy D $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Katonya $337,250
Previous Owner Neal Timothy D $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $853,000 -2.5% $251 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $875,000 -- $257 / 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
2025 $9,468 $1,257,300 $502,500 $754,800
2024 $9,468 $1,257,300 $502,500 $754,800
2023 $7,373 $1,257,300 $502,500 $754,800
2022 $7,373 $813,000 $300,000 $513,000
2021 $7,614 $813,000 $300,000 $513,000
2020 $7,614 $813,000 $300,000 $513,000
2019 $7,608 $813,000 $300,000 $513,000
2018 $5,513 $454,000 $168,000 $286,000
2017 $5,518 $454,100 $168,000 $286,100
2016 $5,514 $454,000 $168,000 $286,000
2015 $5,510 $454,000 $168,000 $286,000
2014 $5,508 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3259312

Canopy MLS (Canopy Realtor® Association)

APN: 007-043-06