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3396 Merchant Lane
3396 Merchant Lane
$417,619 (our value guesstimate)
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Davidson, NC 28036 ▪  (MLS # 3477207)
2-car garage  ▪   Built: 2005  ▪   Primary on Main
3 bed  ▪  2 full & 1 half bath  ▪  2,282 Sq Ft
Sold for $235,000 on Jul 01, 2019
3396 Merchant Lane
$417,619 (our value guesstimate)
Davidson, NC 28036 ▪  (MLS # 3477207)
2-car garage  ▪   Built: 2005  ▪   Primary on Main
3 bed  ▪  2 full & 1 half bath  ▪  2,282 Sq Ft
Sold for $235,000 on Jul 01, 2019
SOLD JUL 1, 2019
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$235,000  (sales price)
3 bed  ▪  2 full & 1 half bath  ▪  2,282 Sq Ft
3396 Merchant Lane
Davidson, NC 28036 (MLS # 3477207)
.2 acres  ▪   Built: 2005  ▪   Primary Bedroom on Main
Subdivision: The Farm At Riverpointe
Davidson, NC / 28036

Our Value Guesstimate (from Computer Algorithm): $417,619

Our computer algorithm has estimated that this home would be likely to sell in a range between $354,976 and $480,262.
Sale Details
Sales Price: $235,000
Closed: Jul 1, 2019 (1,733 days ago)
List Price: $237,000
Sold for: 99% of list price
Cumulative Days on Market: 98
Price/Sq Ft: $103
Remarks - 3396 Merchant Lane
(from previous listing) Built in 2005, this Davidson two-story offers a fireplace, den, stainless steel appliances, pantry, and a two-car garage. Upgraded features include fresh interior paint and new carpet in select rooms. A community pool, basketball court, and playground are part of the HOA.
General Info - MLS # 3477207
Parking: Attached, Garage - 2 Car
Year Built: 2005
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Cabarrus County
Lot Size: .2 acres
Area Schools
10/10
W R Odell Elementary School
Distance: 2.4 mi
10/10
Harris Road Middle School
Distance: 2.4 mi
9/10
Northwest Cabarrus High School
Distance: 5.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: The Farm At Riverpointe
Community Features: Pool
Listing History
07/01/2019: MLS Sold for $235,000 (Canopy MLS)
Cumulative Days on Market: 98
More details

County Tax Data
2022 County Tax Assessment: $229,710
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $3,147

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


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See Sold Homes in The Farm At Riverpointe
SOLD SEP 22, 2023
Sold for $200/Sq Ft & 98% of list
36 cumulative days on market
$490,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,450 SqFt
11072 Hat Creek Ln
Davidson, NC 28036
The Farm At Riverpointe
0.3 mi.

SOLD APR 14, 2023
Sold for $167/Sq Ft & 98% of list
192 cumulative days on market
$381,500 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,291 SqFt
3387 Merchant Ln
Davidson, NC 28036
The Farm At Riverpointe
0.0 mi.

SOLD APR 5, 2023
Sold for $184/Sq Ft & 100% of list
29 cumulative days on market
$396,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  2,149 SqFt
10775 Traders Ct
Davidson, NC 28036
The Farm At Riverpointe
0.1 mi.

Neighborhood Summary (single family)
The Farm At Riverpointe

Sales in:

Median $ / Sq Ft (single family)
The Farm At Riverpointe




28036 ZIP Code Trends
28036 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28036 is the 19th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28036 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

11
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 11 cumulative days on market in the 28036 area. Compare this with the Charlotte metro area median of 17 days on market.

25%
Of Recently Sold Homes
Over Asking Price
25% of previously owned 28036-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28036.

45%
of Available Homes
Are Under Contract
45% of previously owned 28036-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28036 Area Metro Area
1-year +14% + 2%
2-year +11% + 2%
5-year +64% +66%
The price per square foot of 28036-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $279 per square foot in 28036 over the past 90 days - as compared to $212 for the entire metro area.

12
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 12 cumulative days on market in the 28036 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price

26% of previously owned 28036-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28036.

Price Per Square Foot Change
Period 28036
Area
Metro
Area
1-year +14% + 2%
2-year +11% + 2%
5-year +64% +66%

The price per square foot of 28036-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $279 per square foot in 28036 over the past 90 days - as compared to $212 for the entire metro area.

45%
of Available Homes
Are Under Contract

45% of previously owned 28036-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $417,619

Our computer algorithm has estimated that this home would be likely to sell in a range between $354,976 and $480,262.


Sale Details
Sales Price: $235,000
Closed: Jul 1, 2019 (1,733 days ago)
List Price: $237,000
Sold for: 99% of list price
Cumulative Days on Market: 98
Price/Sq Ft: $103
Remarks
(from previous listing) Built in 2005, this Davidson two-story offers a fireplace, den, stainless steel appliances, pantry, and a two-car garage. Upgraded features include fresh interior paint and new carpet in select rooms. A community pool, basketball court, and playground are part of the HOA.
General Info - MLS 3477207
Parking: Attached, Garage - 2 Car
Year Built: 2005
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Cabarrus County
Lot Size: .2 acres

Neighborhood Info
Subdivision: The Farm At Riverpointe
Community Features: Pool
Listing History
07/01/2019: MLS Sold for $235,000 (Canopy MLS)
Cumulative Days on Market: 98
More details

Area Schools
10/10
W R Odell Elementary School
Distance: 2.4 mi
10/10
Harris Road Middle School
Distance: 2.4 mi
9/10
Northwest Cabarrus High School
Distance: 5.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the The Farm At Riverpointe neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Adair Woods, Shiloh Village, and Summers Walk.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.