NOT LISTED FOR SALE

14831 E Rocky River Rd Davidson, NC 28036

Estimated Value: $734,000 - $801,000

4.87 Acres
$157,176 Price per Acre
212,137 Sq Ft Lot

Last Sold October 15, 2024

Last sale price $725,000 $228 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,601/month

17 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Davidson Elementary School Rated A-
  • Access to stream, creek or river

About This Lot

As of October 2024

Gorgeous, private 4.87 acre parcel in the Rural Zoning area of Davidson. Only 3.5 miles from Main Street & Davidson College, this property abounds w/ potential & options. Currently there is a cabin on property, yet it needs significant improvements. Due to the lot's parcel area & road frontage, it can be subdivided per the Town Planning Department. The property has 258' of road footage & has a paved driveway to the cabin. There is a septic system & well in place. The current owners have had the property analyzed for additional septic options (see attachments). The listing broker feels highest & best use is: 1) A new home w/ accessory dwelling &/or structures; or 2) Dividing parcel into 2 lots which would allow more than one residence. Main & accessory dwellings would be available on both lots if the current cabin is torn down. There appear to be several suitable repair areas in addition to the current septic system. Please consult Town Planning w/ any individual plans for the property.

Last Listed By

Mary Lib Richards

Keller Williams Lake Norman Brokerage Email: marylib@richards-group.net License #246140 Listed on: 08/18/2024

Keller Williams Lake Norman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,951

Year Built

  • 1979

Lot Details

  • Lot Dimensions are 258 x 957 x 202 x 885
  • Property fronts a state road
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Development, Private Estate, Recreational, Residential

Interior Spaces

  • Wired For Data

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-361-12

Community Details

Overview

  • Twelve Oaks Subdivision

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$3,951

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Subdivision,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Per the Town of Davidson Planning Department, the current parcel can be divided with the proper plan approval for the Rural Zoning Plan. Well & Septic are currently in usage on the parcel. Future plans will depend on buyer preference for number and size of structures.
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: marylib@richards-group.net
  • Special Features: VirtualTour
  • Year Built: 1979

Interior Features

  • Possible Use: Development, Private Estate, Recreational, Residential

Exterior Features

  • Road Frontage: 258
  • Waterfront Features: None
  • Foundation Details Proposed: Basement,Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Utilities: Cable Available, Satellite Internet Available, Wired Internet Available
  • Water Source: Well

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: Creek Front, Private, Rolling Slope, Creek/Stream, Wooded
  • Lot Size Area: 4.87
  • Lot Size Units: Acres
  • Parcel Number: 003-361-12
  • Zoning: R
  • Can Be Subdivided: 1
  • Cleared Acres: 0.50
  • Lot Size: 258 x 957 x 202 x 885
  • Wooded Area: 4.37
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2024
Closed on
Oct 15, 2024
Sold by
Miller Robert Russell and Miller Mary Remington
Bought by
Sultana Keith and Sultana Leslie
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Risty Knox
Allen Tate Davidson
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%
Total Days on Market
17
Views
16
Current Estimated Value
$765,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,449
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Mar 30, 2023
Sold by
Miller Robert Russell and Miller Mary Remington
Bought by
Mecklenburg County

Purchase Details

Listed on
Apr 2, 2022
Closed on
Jun 14, 2022
Sold by
Foster Virgil J and Foster Tammy A
Bought by
Miller Robert Russell
Seller's Agent
Clark Goff
Allen Tate Davidson
Buyer's Agent
Meredith Johnston
Keller Williams Lake Norman
List Price
$560,000
Sold Price
$620,000
Premium/Discount to List
$60,000
10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$260,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2017
Sold by
Foster Virgil J and Tiemey Tammy A
Bought by
Foster Virgil J and Tiemey Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2008
Sold by
Foster Jennifer B
Bought by
Foster Virgil J

Purchase Details

Closed on
Jan 30, 1998
Sold by
Thornburg James M and Thornburg Kathy P
Bought by
Mccurry Timothy Welch and Phillips Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
9.25%

Range of Values:

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Average Value
Not Available
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
Sultana Keith $725,000 None Listed On Document
Mecklenburg County $121,500 None Listed On Document
Miller Robert Russell $620,000 Thebeau & Associates Pa
Foster Virgil J -- None Available
Foster Virgil J -- None Available
Mccurry Timothy Welch $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Robert Russell $260,000
Previous Owner Foster Virgil J $226,500
Previous Owner Foster Virgil J $222,500
Previous Owner Foster Virgil J $120,000
Previous Owner Mccurry Timothy Welch $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $725,000 0.0% $228 / Sq Ft
10/15/2024 10/15/24 Sold $725,000 -8.8% $247 / Sq Ft
08/18/2024 08/18/24 For Sale $795,000 0.0% $250 / Sq Ft
08/18/2024 08/18/24 For Sale $795,000 +28.2% $271 / Sq Ft
06/14/2022 06/14/22 Sold $620,000 +10.7% $195 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $560,000 -- $176 / 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
2023 $3,951 $552,500 $522,000 $30,500
2022 $3,951 $460,700 $282,500 $178,200
2021 $3,951 $460,700 $282,500 $178,200
2020 $3,951 $460,700 $282,500 $178,200
2019 $3,835 $460,700 $282,500 $178,200
2018 $3,185 $281,200 $128,900 $152,300
2017 $3,160 $281,200 $128,900 $152,300
2016 $3,063 $281,200 $128,900 $152,300
2015 $3,074 $281,200 $128,900 $152,300
2014 $3,022 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4170263

Canopy MLS (Canopy Realtor® Association)

APN: 003-361-12