NOT LISTED FOR SALE

522 Walnut St Davidson, NC 28036

Estimated Value: $2,104,986 - $2,687,000

0.25 Acre
$9,753,988 Price per Acre
10,890 Sq Ft Lot

Last Sold April 20, 2018

Last sale price $251,250

Est. 871% increase in value since last sale

Current estimated payment $13,713/month

37 Days on Market

Highlights

  • Many Trees
  • Davidson Elementary School Rated A-
  • Level Lot

About This Lot

As of April 2018

Building lot in prime downtown Davidson location! Located within a 5 minute walk of downtown Davidson, Davidson College, and Davidson Elementary School in a neighborhood of beautiful custom homes. Max sq feet to build is 3000 sq/feet for the house, and additional sq feet can be built above a detached garage. Adjacent properties recently sold for $853k and $690k, so we would anticipate the total cost of a home on this property to be in this range. This is a rare opportunity to build a custom home in downtown Davidson.

Last Agent to Sell the Property

Melissa Graham

Graham Properties License #202414 Listed on: 02/25/2018

Last Buyer's Agent

David Levine

Berkshire Hathaway HomeServices Carolinas Realty License #292013

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $33 Monthly HOA Fees

Basement

  • Crawl Space

Community Details

  • Developer Association, Phone Number (704) 239-1124

Listing and Financial Details

  • Assessor Parcel Number 00705123

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.97008
  • Ratio Close Price By Original Li: 0.97008
  • Ratio Current Price By Acre: 1005000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Square Feet
  • Restrictions Description: max sq foot 3000
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • H O A Management Phone: 7042391124

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Developer
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 100x107
  • Lot Features: Level, Trees
  • Parcel Number: 00705123
  • Zoning Specification: VIP
  • Plat Reference Section Pages: 300

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2018
Closed on
Apr 20, 2018
Sold by
John Marshal Custom Homes Inc
Bought by
Padley Deborah S and The Deborah S Padley Trust
Seller's Agent
Melissa Graham
Graham Properties
Buyer's Agent
David Levine
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$259,000
Sold Price
$251,250
Premium/Discount to List
-$7,750
-2.99%
Current Estimated Value
$2,438,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,187,247
Avg. Annual Appreciation
34.44%
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
Padley Deborah S $251,500 None Available
Hosey Michael J $9,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $251,250 -3.0% --
04/03/2018 04/03/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $259,000 -- --
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 $10,846 $1,441,200 $427,100 $1,014,100
2024 $10,846 $1,441,200 $427,100 $1,014,100
2023 $9,088 $1,439,200 $427,100 $1,012,100
2022 $9,088 $960,700 $300,000 $660,700
2021 $5,562 $613,300 $300,000 $313,300
2020 $2,721 $300,000 $300,000 $0
2019 $2,721 $300,000 $300,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3363697

Canopy MLS (Canopy Realtor® Association)

APN: 007-051-67