NOT LISTED FOR SALE

562 Arrow Point Ln Davidson, NC 28036

Estimated Value: $881,000 - $1,047,000

4 Beds
4 Baths
2,844 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $570,000 $200 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,740/month

2 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Attached Garage
  • Arts and Crafts Architecture
  • Fireplace
  • Walk-In Closet

About This Home

As of July 2020

Nearly new custom home with large lot and room to expand. This home will impress you with its modern, tasteful finishes and thoughtful layout. Featuring a master suite on the main floor and well as a guest room down with adjacent full bath. Kitchen has an open floor plan, huge island, gas cook top and custom cabinetry with upper lighted, glass door display cabinets. Master bathroom has large tile shower with ceiling mounted rain shower head and freestanding slipper tub. Greatroom has 2 story stacked stone fireplace and connects to a graciously sized covered porch for relaxing and entertaining. Upstairs has additional 2 bedrooms, 2 full baths as well as a large bonus room. Whole house features hardwood floors and plantation shutters throughout, as well as walk-in closets in every room. Full basement has great natural light, is framed and ready to finish.

Last Agent to Sell the Property

Jen Gabehart

Coldwell Banker Realty License #271856 Listed on: 05/29/2020

Coldwell Banker Realty

Co-Listed By

AnnMarie Leslie

Coldwell Banker Realty License #268382

Last Buyer's Agent

Regina Vance

Coldwell Banker Realty License #264235

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 249I009

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 606382.98
  • Ratio Current Price By Sq Ft: 200.42
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1176
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Disposal, Exhaust Hood, Gas Range, Radon Mitigation System
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1668
  • Total Sq Ft: 2844
  • Sq Ft Unheated Basement: 1322
  • Sq Ft Unheated Total: 1469
  • Sq Ft Unheated Upper: 147

Exterior Features

  • Construction: Fiber Cement, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Millbridge
  • Middle School: Corriher-lipe
  • High School: South Rowan

Lot Info

  • Lot Features: Trees, Wooded
  • Lot Size Area: 0.940
  • Parcel Number: 249I009
  • Zoning Specification: R

Tax Info

  • Tax Value: 436593.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 10, 2020
Sold by
Preece Ryan J and Ballowe Donald Wesley
Bought by
Ballowe Donald Wesley and Ballowe Catherine Lopez
Seller's Agent
Jen Gabehart
Coldwell Banker Realty
Buyer's Agent
Regina Vance
Coldwell Banker Realty
List Price
$570,000
Sold Price
$570,000
Current Estimated Value
$955,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,375
Avg. Annual Appreciation
10.50%
Original Mortgage
$478,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 4, 2018
Sold by
Albu Cornel and Albu Delia
Bought by
Preece Ryan J
Seller's Agent
Michelle Ivester-Rhyne
Premier Sotheby's International Realty
Buyer's Agent
Jen Gabehart
Coldwell Banker Realty
List Price
$539,000
Sold Price
$513,000
Premium/Discount to List
-$26,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$410,400
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2017
Sold by
Guilford Kenneth and Guilford Tracy
Bought by
Albu Cornel and Albu Delia

Purchase Details

Closed on
Jun 6, 2016
Sold by
Capital River Llc
Bought by
Guilford Tracy and Guilford Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2015
Sold by
First Troy Spe Llc
Bought by
Capital River Llc

Purchase Details

Closed on
Jan 26, 2012
Sold by
Wynsor Homes Inc
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Aug 10, 2007
Sold by
Topaz Development Inc
Bought by
Wynsor Homes Inc
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
Ballowe Donald Wesley $570,000 None Available
Preece Ryan J $527,000 None Available
Albu Cornel $39,000 None Available
Guilford Tracy $27,500 None Available
Capital River Llc $11,000 None Available
First Troy Spe Llc $33,111 None Available
Wynsor Homes Inc $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballowe Donald Wesley $471,969
Closed Ballowe Donald Wesley $478,000
Previous Owner Preece Ryan J $410,400
Previous Owner Albu Cornel $239,500
Previous Owner Guilford Tracy $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $570,000 0.0% $200 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $570,000 +11.1% $200 / Sq Ft
12/04/2018 12/04/18 Sold $513,000 -4.8% $180 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $539,000 -- $190 / 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
2024 $5,017 $740,569 $76,000 $664,569
2023 $5,017 $740,569 $76,000 $664,569
2022 $3,524 $466,778 $68,000 $398,778
2021 $3,209 $436,593 $68,000 $368,593
2020 $3,209 $436,593 $68,000 $368,593
2019 $3,209 $436,593 $68,000 $368,593
2018 $421 $57,800 $57,800 $0
2017 $421 $57,800 $57,800 $0
2016 $421 $57,800 $57,800 $0
2015 $428 $57,800 $57,800 $0
2014 $409 $57,800 $57,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625147

Canopy MLS (Canopy Realtor® Association)

APN: 249-I009