NOT LISTED FOR SALE

705 N Main St Davidson, NC 28036

Estimated Value: $743,000 - $849,000

3 Beds
2 Baths
2,002 Sq Ft
$392/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $730,000 $365 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,377/month

4 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wrap Around Porch
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of February 2024

Extremely rare opportunity to own a .634 acre parcel on N Main Street in Davidson! One block from the main entrance to Davidson College,this property has great potential for the buyer who wants to revovate a lovely home. One story, 3 BR/ 2 Bath home was built in 1900. House has many beautiful features. The property is being sold AS IS & it is located in an Historic District of the Davidson VIP Zoning Area. Property features a large, well-maintained gravel driveway/parking area. Has a tall walk-in crawl space which could be turned into a heated basement. Large, private rear yard w/ so many options. Large front porch. The rear .13 acres of the parcel is located in the N-S Railway easement. Please see the Historic District attachment which explains the Town's process for renovation Per VIP guidelines the property qualifies for up to 4400 +/- of heated square footage (excluding basement & detached garage). There is ample room for a detached garage/apt.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 02/04/2024

Keller Williams Lake Norman

Last Buyer's Agent

Lori Ivester Jackson

Ivester Jackson Christie's License #78488

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 114 x 225 x 119 x 262
  • Wooded Lot
  • Property is zoned VIP

Home Design

  • Aluminum Roof
  • Vinyl Siding

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Entrance Foyer
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Bathroom

Parking

  • Driveway
  • On-Street Parking
  • 3 Open Parking Spaces

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-263-18

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Restrictions: Architectural Review,Historical,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: This property is located in the Davidson VIP Zoning Area & the N Main Historic District. The property is NOT allowed to be subdivided. VIP Blue Overlay District guidelines determine sq footage. Detached garages & garage apts don't count toward the heated total. From TOD Planning Department: This property falls under the purview of the Historic Preservation Commission (HPC). The HPC can delay the demolition of a property for up to 365 days to allow for exploration of alternatives to demolition.
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 364.64
  • Geocode Confidence: High
  • Attribution Contact: marylib@richards-group.net
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Linoleum, Tile, Vinyl, Wood
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2002
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Above Grade Finished Sq Ft: 2002
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2002
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Aluminum, Wood
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, On Street, Parking Space(s)

Utilities

  • Heating: Forced Air, Oil
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Satellite Internet Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 003-263-18
  • Zoning: RES
  • Development Status: Completed
  • Lot Size: 114 x 225 x 119 x 262
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VIP

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Feb 22, 2024
Sold by
Edgemont Ave Properties Llc
Bought by
21 Oaks Signature Homes Llc
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Lori Ivester Jackson
Ivester Jackson Christie's
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
183
Current Estimated Value
$785,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,574
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Sadler Wilson M and Sadler Wilson Mcphail
Bought by
Edgemont Ave Properties Llc

Purchase Details

Closed on
Oct 8, 1981
Bought by
Sadler Wilson M
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
21 Oaks Signature Homes Llc $730,000 None Listed On Document
Edgemont Ave Properties Llc -- None Available
Sadler Wilson M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $730,000 +0.7% $365 / Sq Ft
02/04/2024 02/04/24 For Sale $725,000 -- $362 / 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 $3,723 $490,400 $385,300 $105,100
2024 $3,723 $490,400 $385,300 $105,100
2023 $3,723 $605,800 $385,300 $220,500
2022 $4,483 $471,800 $330,000 $141,800
2021 $4,519 $471,800 $330,000 $141,800
2020 $4,519 $471,800 $330,000 $141,800
2019 $4,513 $471,800 $330,000 $141,800
2018 $3,614 $288,600 $172,800 $115,800
2017 $3,589 $288,600 $172,800 $115,800
2016 $3,586 $288,600 $172,800 $115,800
2015 $3,582 $288,600 $172,800 $115,800
2014 $3,580 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4102302

Canopy MLS (Canopy Realtor® Association)

APN: 003-263-18