NOT LISTED FOR SALE

559 Pine Rd Davidson, NC 28036

Estimated Value: $1,412,000 - $1,556,000

4 Beds
3.5 Baths
3,276 Sq Ft
$458/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $1,400,000 $427 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,923/month

2 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Vaulted Ceiling
  • Davidson Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2023

Rare opportunity on one of the most coveted streets in the heart of Davidson! Newly expanded and renovated; this adorable cottage has it all. Walking distance to historic Main St, Davidson College, greenway trails, and everything this idyllic town has to offer. Expansive windows & french doors flood the spacious open floor plan with natural light. Seamlessly blended indoor-outdoor living is wonderful for hosting family & friends. Spend evenings around the stacked stone fireplace overlooking the private backyard retreat. Stunning new kitchen showcases 36" Wolf range, Kohler workstation sink & faucet, center island, and handsome leathered stone countertops. The main level primary suite is a haven of relaxation. New ensuite bathroom addition features large marble tiled shower, dual ended soaking tub, dual vanity with apron sinks, & luxury designer Brizo fixtures. New & refinished hardwoods, fresh paint, new modern lighting, & much more! New HVAC, tankless WH, and encapsulated crawl space.

Last Agent to Sell the Property

Alexis Woodall

Corcoran HM Properties License #299301 Listed on: 07/20/2023

Corcoran HM Properties

Last Buyer's Agent

Carole Krug

Allen Tate Davidson License #273384

Allen Tate Davidson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,374

Year Built

  • Built in 1980

Lot Details

  • Level Lot
  • Wooded Lot
  • Property is zoned VIP

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Eastern Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00740120

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,374

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1980
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 427.35
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Split Bedroom, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2442
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 834
  • Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
  • Above Grade Finished Sq Ft: 3276
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Door(s), Storm Door(s)
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 3276
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 15

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Shingle/Shake
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 509
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.49
  • Lot Size Units: Acres
  • Parcel Number: 00740120
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 16, 2023
Sold by
Hills Howard L and Hills Lura A
Bought by
Robert J Felgenhauer Living Trust and Allison L Wonderlic Declaration Of Trust
Seller's Agent
Alexis Woodall
Corcoran HM Properties
Buyer's Agent
Carole Krug
Allen Tate Davidson
List Price
$1,400,000
Sold Price
$1,400,000
Total Days on Market
2
Views
14
Current Estimated Value
$1,502,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,007
Avg. Annual Appreciation
3.92%

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 24, 2021
Sold by
Hoffman Michele Starnes
Bought by
Hills Howard L and Hills Lura A
Seller's Agent
Meg OBrien
Allen Tate Davidson
Buyer's Agent
Brett Carraway
Northstar Real Estate, LLC
List Price
$780,000
Sold Price
$800,000
Premium/Discount to List
$20,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.66%
Original Mortgage
$640,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Hoffman Kenneth W and Hoffman Michele Starnes
Bought by
Hoffman Michele Starnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 1992
Bought by
Hoffman Kenneth W
Source: Public Records

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Range of Values:

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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
Robert J Felgenhauer Living Trust $1,400,000 None Listed On Document
Hills Howard L $800,000 Barristers Ttl Svcs Of Carol
Hoffman Michele Starnes -- None Available
Hoffman Kenneth W $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hills Howard L $640,000
Previous Owner Hoffman Michele Starnes $329,500
Previous Owner Hoffman Kenneth W $338,000
Previous Owner Hoffman Kenneth W $349,000
Previous Owner Hoffman Kenneth W $50,000
Previous Owner Hoffman Kenneth W $405,900
Previous Owner Hoffman Kenneth W $185,613
Previous Owner Hoffman Kenneth W $136,000
Previous Owner Hoffman Kenneth W $141,000
Previous Owner Hoffman Kenneth W $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $1,400,000 0.0% $427 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $1,400,000 +75.0% $427 / Sq Ft
03/03/2021 03/03/21 Sold $800,000 +2.6% $266 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $780,000 -- $259 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
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
2023 $6,374 $885,020 $335,000 $550,020
2022 $6,374 $672,500 $360,000 $312,500
2021 $6,339 $672,500 $360,000 $312,500
2020 $6,339 $672,500 $360,000 $312,500
2019 $6,333 $672,500 $360,000 $312,500
2018 $5,997 $491,700 $240,000 $251,700
2017 $5,957 $491,700 $240,000 $251,700
2016 $5,953 $491,700 $240,000 $251,700
2015 $5,950 $491,700 $240,000 $251,700
2014 $5,948 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4049976

Canopy MLS (Canopy Realtor® Association)

APN: 007-401-20