$500,000
SOLD JUN 1, 2018

740 Arrow Point Ln Davidson, NC 28036

4 Beds
3.5 Baths
3,456 Sq Ft
0.92 Acres

Recently Sold

$145 Per Sq Ft

7 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Fireplace
  • Wooded Lot
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2020

Immaculate full brick home on wooded lot in Archer Ridge subdivision features an open floor plan with hardwood floors and two fireplaces. The grand kitchen is open and features a large bar for casual dining, granite countertops and stainless steel appliances and adjoins a keeping room for entertaining family and friends. The dining room is perfect for holiday hosting while the living room features a warming fireplace overlooking the rear porch. The master retreat is located on the main floor. The master bath has dual vanities, a separate shower and garden tub. Walk in closet with ample storage. Upstairs you’ll find 3 additional bedrooms, and two full baths. Bonus room can be office or exercise room. Home is centrally located between Concord, Huntersville, Mooresville and Cornelius.

Last Agent to Sell the Property

Daniel Callahan

Keller Williams Lake Norman License #273490 Listed on: 04/19/2018

Keller Williams Lake Norman

Co-Listed By

Jerry Gardner

Allen Tate Lake Norman License #33457

Last Buyer's Agent

Robert Dulin

NorthGroup Real Estate LLC License #122379

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • Irrigation
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Utilities

  • Well

Community Details

  • Archer Ridge HOA, Phone Number (704) 641-7885

Listing and Financial Details

  • Assessor Parcel Number 249J021

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00200
  • Ratio Close Price By Original Li: 1.00200
  • Ratio Current Price By Acre: 543478.26
  • Ratio Current Price By Sq Ft: 144.68
  • Year Built: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1246
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Gas Range, Microwave, Surround Sound, Natural Gas, Electric Oven
  • Fireplace Description: Den, FAMILYRM
  • Fireplace: Yes
  • Fixture Exception Description: Overhead light dining room
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-641-7885
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Open Floorplan, Tray Ceiling, Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2210
  • Total Sq Ft: 3456

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Archer Ridge HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Wooded
  • Lot Size Area: 0.920
  • Parcel Number: 249J021
  • Plat Reference Section Pages: 120
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 424435.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 25, 2020
Sold by
Eldridge Robert and Eldridge Denise L
Bought by
Elliotte Walter V and Elliotte Pam R
Seller's Agent
Robert Dulin
NorthGroup Real Estate LLC
Buyer's Agent
Amy Clovis
EXP Realty LLC Mooresville
List Price
$635,000
Sold Price
$650,000
Premium/Discount to List
$15,000
2.36%
Current Estimated Value
$949,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,470
Avg. Annual Appreciation
8.98%
Original Mortgage
$510,000
Outstanding Balance
$458,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$516,774

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 1, 2018
Sold by
Feeney Christine M and Solomson Peter G
Bought by
Eldridge Robert and Eldridge Denise L
Seller's Agent
Daniel Callahan
Keller Williams Lake Norman
Buyer's Agent
Robert Dulin
NorthGroup Real Estate LLC
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Wynsor Homes Inc
Bought by
Feeney Christine M and Solomson Peter G

Purchase Details

Closed on
May 23, 2011
Sold by
Topaz Development Inc
Bought by
Wynsor Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,382
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $650,000 None Available
Warranty Deed $500,000 Investors Title Insurance Co
Warranty Deed $435,000 None Available
Warranty Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $220,000 Credit Line Revolving
Previous Owner $322,382 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $650,000 +2.4% $191 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $635,000 -2.3% $186 / Sq Ft
08/24/2020 08/24/20 Off Market $650,000 -- --
08/24/2020 08/24/20 For Sale $635,000 +27.0% $186 / Sq Ft
06/01/2018 06/01/18 Sold $500,000 +0.2% $145 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $499,000 -- $144 / 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 $4,732 $698,482 $83,600 $614,882
2023 $4,732 $698,482 $83,600 $614,882
2022 $3,698 $489,811 $74,800 $415,011
2021 $3,600 $489,811 $74,800 $415,011
2020 $3,600 $489,811 $74,800 $415,011
2019 $3,391 $461,351 $74,800 $386,551
2018 $3,094 $424,435 $74,800 $349,635
2017 $3,094 $424,435 $74,800 $349,635
2016 $3,094 $424,435 $74,800 $349,635
2015 $3,141 $424,435 $74,800 $349,635
2014 $3,029 $428,116 $74,800 $353,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3382297

Canopy MLS (Canopy Realtor® Association)

APN: 249-J021