NOT LISTED FOR SALE

526 Lorimer Rd Davidson, NC 28036

Estimated Value: $2,154,981 - $2,429,000

4 Beds
3.5 Baths
3,895 Sq Ft
$588/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $2,350,000 $603 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,821/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Patio
  • Davidson Elementary School Rated A-
  • Bar Fridge
  • Laundry Room

About This Home

As of November 2024

This historic Dutch-Colonial Revival home was completed May 1929 by George Watts, a professor at Davidson College. The property was beautifully restored and expanded in 2016, by CM Knight Fine Homes to 3895 sf which includes 4 bedrooms, 3.5 baths, spacious great room with fireplace and a wall of windows! The kitchen is accented with marble counters, walnut top island, Wolfe range, wine cooler, pantry & built-in pantry cabinets which provide ample storage. Butlers pantry bridges to formal dining room embellished with wood trim. Private library-study, sunroom & office gives balance to the main floor. Gleaming hardwood floors & arched doorways add to the architectural character. Natural light inundates entire home. Outdoor stone patio, brick fireplace, quaint garden area with fountain surrounded by mature trees & flowers make entertaining a pleasure. The detached garage features built-in shelving & flex area. *Garage "roof" plans for additional bonus/guest suite*
*we love buyer agents*

Last Agent to Sell the Property

Terri Mayhew

Southern Homes of the Carolinas, Inc Brokerage Email: terrimayhew@gmail.com License #67226 Listed on: 10/02/2024

Last Buyer's Agent

Rachel Mangiapane

Helen Adams Realty License #317408

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • Level Lot
  • Property is zoned VI

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Bar Fridge
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 007-023-13

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1929
  • Second Living Quarters: None
  • Road Surface Type: Brick, Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 603.34
  • Geocode Confidence: High
  • Attribution Contact: terrimayhew@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2036
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 814
  • Sq Ft Unheated Main: 173
  • Sq Ft Unheated Total: 987
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1859
  • Appliances: Bar Fridge, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 3895
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room, Gas Unvented, Wood Burning
  • Living Area: 3895
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle, Rubber
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: None
  • Exclusions: Dining, Library, Greatroom
  • Construction Type: Fiber Cement, Wood
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 007-023-13
  • Zoning: VI
  • Lot Size: 98Rdx148x100x149
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VI

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 4, 2024
Sold by
Vaccarino Brian and Brown Joah
Bought by
Mellberg Family Trust and Mellberg
Seller's Agent
Terri Mayhew
Southern Homes of the Carolinas, Inc
Buyer's Agent
Rachel Mangiapane
Helen Adams Realty
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%
Views
12
Current Estimated Value
$2,288,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,505
Avg. Annual Appreciation
-2.30%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Jan 22, 2021
Sold by
Ward Jason T and Ward Heather K
Bought by
Vaccarino Brian and Brown Joah
Seller's Agent
Mike Kessler
TSG Residential
Buyer's Agent
Thomas Hocker
EXP Realty LLC Mooresville
List Price
$1,490,000
Sold Price
$1,490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$1,043,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2014
Sold by
Snellings Herbert G and Snellings Karen L
Bought by
Ward Jason T and Ward Heather K

Purchase Details

Closed on
Jan 20, 1981
Bought by
Snellings Herbert G and Snellings Karen I
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
Mellberg Family Trust $2,350,000 None Listed On Document
Vaccarino Brian $1,490,000 None Available
Ward Jason T $320,000 None Available
Snellings Herbert G $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaccarino Brian $1,043,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $2,350,000 -2.1% $603 / Sq Ft
10/02/2024 10/02/24 For Sale $2,400,000 +61.1% $616 / Sq Ft
01/27/2021 01/27/21 Sold $1,490,000 0.0% $383 / Sq Ft View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,490,000 0.0% $383 / Sq Ft
10/08/2020 10/08/20 Off Market $1,490,000 -- --
09/29/2020 09/29/20 For Sale $1,490,000 0.0% $383 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $1,490,000 0.0% $383 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,490,000 -- $383 / 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 $9,968 $1,324,000 $452,300 $871,700
2024 $9,968 $1,324,000 $452,300 $871,700
2023 $9,830 $1,324,000 $452,300 $871,700
2022 $7,016 $740,700 $300,000 $440,700
2021 $6,958 $740,700 $300,000 $440,700
2020 $6,717 $740,700 $300,000 $440,700
2019 $6,952 $740,700 $300,000 $440,700
2018 $6,917 $570,100 $240,000 $330,100
2017 $6,871 $570,100 $240,000 $330,100
2016 $6,129 $344,500 $240,000 $104,500
2015 $4,234 $344,500 $240,000 $104,500
2014 $4,232 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4187746

Canopy MLS (Canopy Realtor® Association)

APN: 007-023-13