M
Seller's Agent in 2024
Mike Kessler
TSG Residential
(704) 309-9143
81 Total Sales
559 Lorimer Rd Davidson, NC 28036
Estimated Value: $960,000 - $1,259,000
5
Beds
3.5
Baths
3,117
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Wooded Lot
- Corner Lot
- Davidson Elementary School Rated A-
- Wood Flooring
- Screened Porch
About This Home
As of August 2024Rare 5 bedroom 3.5 bath home located on one of the best streets in town. Situated on 0.345 acre, alley-fed corner lot w/ mature trees & plantings located blocks from historic downtown & Davidson College. Built in 1963, this home boasts 3,117 SQ' of HLA. Home has been well maintained & minor renovations and additions have been done including a guest wing that was added in 1987. Natural light bathes the interior from multiple skylights and large bay windows. There are 4 working fireplaces including 1 in the primary suite. Original wood floors throughout the majority of the main level w/ tile flooring in the bathrooms, kitchen & sunporch. The wonderful owner's retreat is located on the main level with its own bathroom and direct access to a lovely sunporch. Don't miss the spacious rear porch that has vinyl / screened windows that create a welcoming environment no matter the season. Amazing potting shed w/ storage in the rear w/ power. The location of this home is unmatched. Welcome home.
Last Agent to Sell the Property
TSG Residential Brokerage Email: mikekessler@tsgresidential.com License #214998 Listed on: 05/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,324
Year Built
- Built in 1963
Lot Details
- Lot Dimensions are 141 x 122 x 139 x 96
- Back Yard Fenced
- Corner Lot
- Wooded Lot
- Property is zoned VIP, R100
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Insulated Windows
- Family Room with Fireplace
- Living Room with Fireplace
- Screened Porch
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Warming Drawer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Washer Hookup
Unfinished Basement
- Sump Pump
- French Drain
Outdoor Features
- Fireplace in Patio
- Shed
Schools
- Davidson K-8 Elementary And Middle School
- William Amos Hough High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 007-022-19
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Aug 14, 2024
Sold by
Thornberry Robert E and Thornberry Mary C
Bought by
Wait Matthew N and Hatteberg Rachel C
Seller's Agent
Mike Kessler
TSG Residential
Buyer's Agent
Jason Morton
Premier South
List Price
$889,000
Sold Price
$900,000
Premium/Discount to List
$11,000
1.24%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,985
Avg. Annual Appreciation
20.78%
Original Mortgage
$630,000
Outstanding Balance
$622,733
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$491,252
Purchase Details
Closed on
Feb 1, 1984
Bought by
Thornberry Robert E and Thornberry Mary C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wait Matthew N | $900,000 | None Listed On Document | |
| Wait Matthew N | $900,000 | None Listed On Document | |
| Thornberry Robert E | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wait Matthew N | $630,000 | |
| Closed | Wait Matthew N | $630,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $900,000 | +1.2% | $289 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | For Sale | $889,000 | -- | $285 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $6,324 | $856,500 | $502,500 | $354,000 |
| 2024 | $6,324 | $837,600 | $502,500 | $335,100 |
| 2023 | $6,324 | $837,600 | $502,500 | $335,100 |
| 2022 | $5,346 | $589,500 | $360,000 | $229,500 |
| 2021 | $5,346 | $589,500 | $360,000 | $229,500 |
| 2020 | $5,346 | $589,500 | $360,000 | $229,500 |
| 2019 | $5,581 | $589,500 | $360,000 | $229,500 |
| 2018 | $5,331 | $434,900 | $240,000 | $194,900 |
| 2017 | $5,295 | $434,900 | $240,000 | $194,900 |
| 2016 | $5,291 | $434,900 | $240,000 | $194,900 |
| 2015 | $5,288 | $434,900 | $240,000 | $194,900 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kessler
-
Jason Morton
Buyer's Agent in 2024
Jason Morton
Premier South
(910) 382-6589
98 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4135142
APN: 007-022-19
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