NOT LISTED FOR SALE

538 Davis Farm Dr Salisbury, NC 28147

Estimated Value: $624,000 - $745,000

4 Beds
3.5 Baths
3,101 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $566,500 $183 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,938/month

Highlights

  • In Ground Pool
  • Pond
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • Gas Log Fireplace

About This Home

As of June 2021

Come see it while you can, it won’t last long!This beautiful 1.5 story brick home sits on just under 3 private acres in Davis Farm.Great open floor plan, formal dining room, office/den and first floor master. Screened back porch overlooks beautiful pool and yard. Abundant outdoor living, perfect for family fun and entertaining. Upstairs you will find a second master, two other bedrooms, the third full bathroom and a spacious bonus room.
Updates to the home include: new HVAC units installed in 2021, heated/cooled garage, updated master bath, and new salt system and liner for pool. Located in the rural setting of south western Rowan County, yet convenient to Mooresville, Concord/Kannapolis and interstates 85 and 77.

Last Agent to Sell the Property

Beth Ann Stowe

Key Real Estate License #318812 Listed on: 04/17/2021

Last Buyer's Agent

Sarah Padgett

Dickens Mitchener & Associates Inc License #308599

Dickens Mitchener & Associates Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 2.93

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • In Ground Pool
  • Pond
  • Outbuilding

Additional Features

  • Lot Dimensions are 172x120x359x153x75x79x140x306
  • Septic Tank

Community Details

  • Davis Farm Property Owners Association Inc. Association, Phone Number (704) 614-6843

Listing and Financial Details

  • Assessor Parcel Number 207H001

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

2.93 Acres

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.07905
  • Ratio Close Price By Original Li: 1.07905
  • Ratio Current Price By Acre: 193344.71
  • Ratio Current Price By Sq Ft: 182.68
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1150
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Microwave, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 7046146843
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1951
  • Total Sq Ft: 3101

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Pond
  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Davis Farm Property Owners Association Inc.
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 172x120x359x153x75x79x140x306
  • Parcel Number: 207H001
  • Zoning Specification: RR

Tax Info

  • Tax Value: 347051.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 2, 2021
Sold by
Frost Allen W and Frost Beverly R
Bought by
Davis William and Lehman Davis Misty
Seller's Agent
Beth Ann Stowe
Key Real Estate
Buyer's Agent
Sarah Padgett
Dickens Mitchener & Associates Inc
List Price
$525,000
Sold Price
$566,500
Premium/Discount to List
$41,500
7.9%
Current Estimated Value
$687,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,952
Avg. Annual Appreciation
4.11%
Original Mortgage
$383,250
Outstanding Balance
$346,985
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$340,467

Purchase Details

Closed on
Jun 6, 2005
Sold by
Frost Allen W and Frost Beverly R
Bought by
Frost Allen W and Frost Beverly R

Purchase Details

Closed on
May 25, 2004
Sold by
Carrol Fisher Construction Co
Bought by
Frost Allen W and Frost Beverly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2004
Sold by
Pine Ridge Drive Llc
Bought by
Carrol Fisher Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5%
Mortgage Type
Unknown
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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Purchase History

Date Buyer Sale Price Title Company
Davis William $566,500 None Available
Frost Allen W -- --
Frost Allen W $360,000 --
Carrol Fisher Construction Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis William $383,250
Previous Owner Frost Allen W $288,000
Closed Frost Allen W $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $566,500 +7.9% $183 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $525,000 -- $169 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,472 $512,466 $72,000 $440,466
2024 $3,472 $512,466 $72,000 $440,466
2023 $3,472 $512,466 $72,000 $440,466
2022 $2,620 $347,051 $59,200 $287,851
2021 $2,594 $347,051 $59,200 $287,851
2020 $2,594 $347,051 $59,200 $287,851
2019 $2,594 $347,051 $59,200 $287,851
2018 $2,246 $302,963 $56,240 $246,723
2017 $2,246 $302,963 $56,240 $246,723
2016 $2,246 $302,963 $56,240 $246,723
2015 $2,272 $302,963 $56,240 $246,723
2014 $2,184 $305,401 $56,240 $249,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3726744

Canopy MLS (Canopy Realtor® Association)

APN: 207-H001

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