NOT LISTED FOR SALE

534 Potts St Davidson, NC 28036

Estimated Value: $1,243,809 - $1,397,000

4 Beds
3.5 Baths
2,986 Sq Ft
$438/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $662,000 $222 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,458/month

99 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Private Lot
  • Davidson Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of July 2019

The opportunity to own a new construction home within a short walk of Historic Davidson Main Street is exceedingly rare and in this price point even rarer. Take advantage now as these homes will not stay on the market long. This 4 Bed/3.5 Bath home on a large .35 acre lot features a gourmet kitchen with Kitchenaide gas range/oven and dishwasher. Zephyr Exhaust, and Sharp sliding microwave. Kitchen cabinetry is soft-close and countertops are Caesarstone (quartz). Master bedroom is spacious and includes walk-in closet and large shower. The open floor plan includes a breakfast area, dining room, walk-in pantry, and main level office. Spacious back yard is very private. Short walk to a detached 2 car garage.

Last Agent to Sell the Property

Michael Orlando

TSG Residential Brokerage Email: mike@tsgresidential.com License #236972 Listed on: 03/15/2019

Last Buyer's Agent

Dale Miller

Southern Crescent Realty License #199180

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 70x256
  • Private Lot
  • Property is zoned Infill, R-3

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Copper Builders

Listing and Financial Details

  • Assessor Parcel Number 003-205-45

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2019
  • Proposed Completion Date: 2019-06-30
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 221.70
  • Attribution Contact: mike@tsgresidential.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1502
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 236
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 236
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1484
  • Appliances: Electric Oven, Exhaust Fan, Exhaust Hood, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2986
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2986
  • Bedroom Main: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Upper Level
  • Water Source: County Water

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Private
  • Lot Size Units: Acres
  • Parcel Number: 003-205-45
  • Zoning: R-3
  • Development Status: Under Construction
  • Lot Size Acres: 0.385
  • Lot Size: 70x256
  • Lot Size Sq Ft: 16770
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Infill

Building Info

  • Builder Name: Copper Builders

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jul 17, 2019
Sold by
Boilerheels Llc
Bought by
Stewart Kelly J and Stewart Scott
Seller's Agent
Michael Orlando
TSG Residential
Buyer's Agent
Dale Miller
Southern Crescent Realty
List Price
$685,000
Sold Price
$662,000
Premium/Discount to List
-$23,000
-3.36%
Current Estimated Value
$1,308,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,702
Avg. Annual Appreciation
11.20%
Original Mortgage
$484,350
Outstanding Balance
$424,334
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$884,368

Purchase Details

Closed on
Oct 15, 2018
Sold by
Neumann Jeanne M and Neill Jeanne N O
Bought by
Boilerheels Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,440
Interest Rate
4.5%
Mortgage Type
Construction
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
Stewart Kelly J $662,000 Chicago Title
Boilerheels Llc $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Kelly J $484,350
Previous Owner Boilerheels Llc $407,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $662,000 -0.5% $222 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $665,000 -2.9% $223 / Sq Ft
03/15/2019 03/15/19 For Sale $685,000 -- $229 / 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 $6,969 $923,700 $246,500 $677,200
2024 $6,969 $923,700 $246,500 $677,200
2023 $6,872 $923,700 $246,500 $677,200
2022 $5,072 $559,300 $150,000 $409,300
2021 $5,313 $559,300 $150,000 $409,300
2020 $5,313 $150,000 $150,000 $0
2019 $1,360 $150,000 $150,000 $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: 3484397

Canopy MLS (Canopy Realtor® Association)

APN: 003-205-45