NOT LISTED FOR SALE

Estimated Value: $568,000 - $607,000

5 Beds
3.5 Baths
3,301 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $565,000 $171 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,493/month

1 Day on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Traditional Architecture
  • Fitness Center
  • Deck
  • Wood Flooring

About This Home

As of March 2023

Rare opportunity to own a beautiful 5 bedroom, 3 and a half bath home in the highly sought after Downing Creek subdivision, in the family friendly Davis Lake community. This beauty has it all crown molding, hardwood floors, and a ton of natural light. The kitchen is built for entertainment. It features a large island, granite countertops, and plenty of space for guests at the breakfast nook or on the oversized deck. Primary bedroom with luxurious ensuite with plenty of space to rejuvenate. The Davis Lake community boasts a serene walking trail, tennis courts, outdoor pool, clubhouse and a fitness center. Davis Lake has quick access to the major thoroughfares of Charlotte, 485 and I-77 can be accessed in approximately 7 minutes from your driveway.

Open House 12-3 on Sunday, February 26th.

Last Agent to Sell the Property

Anthony Calloway

Reid's Real Estate & Marketing Group License #310438 Listed on: 02/25/2023

Last Buyer's Agent

Kyle Zapcic

Redfin Corporation License #337794

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 1990

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Property is zoned R9PUD

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Access To Lake
  • Deck
  • Front Porch

Schools

  • Croft Community Elementary School
  • J.M. Alexander Middle School
  • North Mecklenburg High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 027-423-23

Community Details

Overview

  • Associa Association, Phone Number (704) 944-8181
  • Davis Lake Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 1990

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1990
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.16
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1606
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 531
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 531
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1695
  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 3301
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 3301
  • Bedroom Main: 0
  • Room Count: 14

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • View: Winter
  • Water Body Name: Davis Lake
  • Construction Type: Hard Stucco
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake Access, Playground, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 187
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Associa
  • Phone: 704-944-8181
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 748.00

Schools

  • Middle Or Junior School: J.M. Alexander
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 027-423-23
  • Zoning: R9PUD
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R9PUD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Croft Community
  • High School: North Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 24, 2023
Sold by
Helms Jessica C and Helms Jacob Gregory
Bought by
Lozano Peter and Aguirre Roxana
Seller's Agent
Anthony Calloway
Reid's Real Estate & Marketing Group
Buyer's Agent
Kyle Zapcic
Redfin Corporation
List Price
$525,000
Sold Price
$565,000
Premium/Discount to List
$40,000
7.62%
Views
224
Current Estimated Value
$588,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,860
Avg. Annual Appreciation
1.62%
Original Mortgage
$536,750
Outstanding Balance
$516,186
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$72,674

Purchase Details

Closed on
Nov 13, 2019
Sold by
Ribbon Home Spv Llc
Bought by
Helms Jacob Gregory and Helms Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 17, 2019
Sold by
Sph One Lllp
Bought by
Ribbon Home Spv I Llc
Seller's Agent
Trent Corbin
Keller Williams South Park
Buyer's Agent
Lauren Dayton
Helen Adams Realty
List Price
$340,000
Sold Price
$337,000
Premium/Discount to List
-$3,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$25,000,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2019
Sold by
Mabry Mark A and Mabry Kelly P
Bought by
Sph One Lllp

Purchase Details

Closed on
May 22, 2014
Sold by
Hannon Sandra P and Fleming Gary R
Bought by
Mabry Mark A and Mabry Kelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2013
Sold by
Hannon Sandra P and Fleming Gary R
Bought by
Hannon Sandra P and Fleming Gary R

Purchase Details

Closed on
Jul 31, 2007
Sold by
Shaw Robert C
Bought by
Hannon Sandra P and Fleming Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Lozano Peter $565,000 --
Helms Jacob Gregory $337,000 Chicago Title
Ribbon Home Spv I Llc $337,000 None Available
Sph One Lllp $330,000 None Available
Mabry Mark A $310,000 None Available
Hannon Sandra P -- None Available
Hannon Sandra P $372,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano Peter $536,750
Previous Owner Helms Jacob Gregory $337,000
Previous Owner Ribbon Home Spv I Llc $25,000,000
Previous Owner Mabry Mark A $294,500
Previous Owner Hannon Sandra P $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2023 03/28/23 Sold $565,000 +7.6% $171 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $525,000 +55.8% $159 / Sq Ft
07/12/2019 07/12/19 Sold $337,000 +0.3% $102 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $336,000 -0.6% $102 / Sq Ft
05/16/2019 05/16/19 Price Changed $338,000 -0.6% $102 / Sq Ft
05/13/2019 05/13/19 For Sale $340,000 0.0% $103 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $340,000 -- $103 / 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 $4,115 $523,200 $90,000 $433,200
2024 $4,115 $523,200 $90,000 $433,200
2023 $3,977 $523,200 $90,000 $433,200
2022 $3,355 $334,700 $50,000 $284,700
2021 $3,344 $334,700 $50,000 $284,700
2020 $3,337 $334,700 $50,000 $284,700
2019 $3,321 $334,700 $50,000 $284,700
2018 $3,868 $289,200 $52,500 $236,700
2017 $3,806 $289,200 $52,500 $236,700
2016 $3,797 $289,200 $52,500 $236,700
2015 $3,785 $289,200 $52,500 $236,700
2014 $3,776 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004323

Canopy MLS (Canopy Realtor® Association)

APN: 027-423-23