NOT LISTED FOR SALE

518 Walnut St Davidson, NC 28036

Estimated Value: $1,417,000 - $1,681,000

3 Beds
3.5 Baths
3,128 Sq Ft
$498/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $905,000 $289 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,989/month

5 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • No HOA
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of November 2020

Stunning home on one of Davidson's most desirable streets in the heart of historic downtown Davidson. Sellers have renovated this nearly new home, built in 2012, with impeccable finishes and upgrades. The list of updates is extensive, and the care and choice of selections is outstanding. Home features multiple locations to enjoy family time, entertain, work from home and relax. Owner's suite located on the first floor with two additional bedrooms on the second floor. Third floor features large bonus room and large walk in attic storage. Easy stroll to shops, restaurants, coffee, Davidson College and more less than 1/2 a mile down the street.

Last Agent to Sell the Property

Jessica Martin

TSG Residential Brokerage Email: jess@tsgresidential.com License #280682 Listed on: 08/29/2020

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman License #246140

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 2012

Lot Details

  • 7,013 Sq Ft Lot
  • Infill Lot
  • Fenced
  • Irrigation
  • Property is zoned VIP

Parking

  • Driveway

Home Design

  • Transitional Architecture
  • Victorian Architecture
  • Spray Foam Insulation

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Outbuilding

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by John Marshall Custom Homes
  • Davidson Springs Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 007-051-29

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,821

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional, Victorian
  • Year Built: 2012
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two and a Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 289.32
  • Attribution Contact: jess@tsgresidential.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1815
  • Third Level Sq Ft: 405
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 424
  • Sq Ft Unheated Third: 305
  • Sq Ft Unheated Total: 729
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 908
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 3128
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Vented, Living Room
  • Living Area: 3128
  • Bedroom Main: 1
  • Room Count: 12
  • Sq Ft Other: 424
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Exclusions: powder mirror, hall bath mirror, powder ceiling light fixture
  • Construction Type: Fiber Cement
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Ductless, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Zoned
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Infill Lot
  • Lot Size Area: 0.161
  • Lot Size Units: Acres
  • Parcel Number: 007-051-29
  • Lot Size Acres: 0.161
  • Lot Size Sq Ft: 7013
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

Green Features

  • Green Sustainability: Spray Foam Insulation
  • Green Verification Count: 1

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
Aug 29, 2020
Closed on
Nov 5, 2020
Sold by
Randall Richard W and Randall Joanne M
Bought by
Weatherup Scott J and Riddell Zoe Slasor
Seller's Agent
Jessica Martin
TSG Residential
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$925,000
Sold Price
$905,000
Premium/Discount to List
-$20,000
-2.16%
Current Estimated Value
$1,556,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,823
Avg. Annual Appreciation
11.63%
Original Mortgage
$700,000
Outstanding Balance
$630,492
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$926,331

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 30, 2018
Sold by
Hosey Michael J and Hosey Cynthia
Bought by
Randall Richard W and Randall W
Seller's Agent
Scott Hosey
Trade & Tryon Realty
Buyer's Agent
Janine Sipe
Crites Real Estate
List Price
$759,000
Sold Price
$750,000
Premium/Discount to List
-$9,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Puglia Paul F and Puglia Cynthia L
Bought by
Hosey Michael J and Hosey Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,400
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 19, 2012
Sold by
John Marshall Custom Homes Inc
Bought by
Puglia Paul F and Puglia Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Weatherup Scott J $905,000 None Available
Randall Richard W $750,000 None Available
Hosey Michael J $690,000 None Available
Puglia Paul F $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weatherup Scott J $700,000
Previous Owner Hosey Michael J $231,400
Previous Owner Puglia Paul F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $905,000 -2.2% $289 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $925,000 +23.3% $296 / Sq Ft
05/31/2018 05/31/18 Sold $750,000 -1.2% $239 / Sq Ft View Prior Sale
04/26/2018 04/26/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $759,000 0.0% $242 / Sq Ft
04/24/2018 04/24/18 For Sale $759,000 +1.3% $242 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $749,000 -- $238 / 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 $8,821 $1,171,000 $376,900 $794,100
2024 $8,821 $1,171,000 $376,900 $794,100
2023 $8,699 $1,171,000 $376,900 $794,100
2022 $7,654 $808,400 $300,000 $508,400
2021 $6,921 $736,600 $300,000 $436,600
2020 $6,921 $736,600 $300,000 $436,600
2019 $6,915 $736,600 $300,000 $436,600
2018 $4,816 $391,000 $142,800 $248,200
2017 $4,783 $391,000 $142,800 $248,200
2016 $4,779 $391,000 $142,800 $248,200
2015 $4,776 $386,300 $142,800 $243,500
2014 $4,719 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3655482

Canopy MLS (Canopy Realtor® Association)

APN: 007-051-29