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1038 Madras Court
1038 Madras Court
$724,077 (our value guesstimate)
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Davidson, NC 28036 ▪  (MLS # 3459879)
2-car garage  ▪   Built: 2008
4 bed  ▪  4 full bath  ▪  3,548 Sq Ft
Sold for $404,700 on Jul 16, 2019
1038 Madras Court
$724,077 (our value guesstimate)
Davidson, NC 28036 ▪  (MLS # 3459879)
2-car garage  ▪   Built: 2008
4 bed  ▪  4 full bath  ▪  3,548 Sq Ft
Sold for $404,700 on Jul 16, 2019
SOLD JUL 16, 2019
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$404,700  (sales price)
4 bed  ▪  4 full bath  ▪  3,548 Sq Ft
1038 Madras Court
Davidson, NC 28036 (MLS # 3459879)
.92 acres  ▪   Built: 2008
Subdivision: Archer Ridge
Davidson, NC / 28036

Our Value Guesstimate (from Computer Algorithm): $724,077

Our computer algorithm has estimated that this home would be likely to sell in a range between $615,465 and $832,689.
Sale Details
Sales Price: $404,700
Closed: Jul 16, 2019 (1,718 days ago)
List Price: $404,700
Sold for: 100% of list price
Cumulative Days on Market: 130
Price/Sq Ft: $114
Remarks - 1038 Madras Court
(from previous listing) Situated on almost an acre lot in the sought after Archer Ridge neighborhood, this beautiful brick home is convenient is also convenient to Kannapolis & Concord. 2 story foyer entrance greets flanked by a sunny formal dining room with wainscoting & exquisite master on main. An en suite tile bath with jetted soaking tub, his/hers vanities, and large shower complete the space with the added bonus of his/hers closet with built-in shelving. Back out into the stacked stone fireside family room, built ...
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General Info - MLS # 3459879
Parking: Attached, Garage - 2 Car
Year Built: 2008
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Rowan County
Lot Size: .92 acres
Area Schools
7/10
Millbridge Elementary School
Distance: 7.6 mi
3/10
Corriher Lipe Middle School
Distance: 6.9 mi
3/10
South Rowan High School
Distance: 8.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Archer Ridge
Community Features: None
Listing History
07/16/2019: MLS Sold for $404,700 (Canopy MLS)
Cumulative Days on Market: 130
More details

08/23/2018: MLS # 3403121 sold for $443,700 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 64

1% List Fee for Sellers

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

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See Sold Homes in Archer Ridge
SOLD JUN 6, 2023
Sold for $208/Sq Ft & 99% of list
122 cumulative days on market
$705,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,385 SqFt
134 Arrow Point Ln
Davidson, NC 28036
Archer Ridge
0.3 mi.

SOLD APR 21, 2023
Sold for $234/Sq Ft & 106% of list
2 cumulative days on market
$822,850 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,510 SqFt
1070 Ridgeview Ct
Davidson, NC 28036
Archer Ridge
0.3 mi.

SOLD MAR 20, 2023
Sold for $210/Sq Ft & 97% of list
105 cumulative days on market
$640,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,047 SqFt
845 Arrow Point Ln
Davidson, NC 28036
Archer Ridge
0.4 mi.

Neighborhood Summary (single family)
Archer Ridge

Sales in:

Median $ / Sq Ft (single family)
Archer Ridge




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: $724,077

Our computer algorithm has estimated that this home would be likely to sell in a range between $615,465 and $832,689.


Sale Details
Sales Price: $404,700
Closed: Jul 16, 2019 (1,718 days ago)
List Price: $404,700
Sold for: 100% of list price
Cumulative Days on Market: 130
Price/Sq Ft: $114
Remarks
(from previous listing) Situated on almost an acre lot in the sought after Archer Ridge neighborhood, this beautiful brick home is convenient is also convenient to Kannapolis & Concord. 2 story foyer entrance greets flanked by a sunny formal dining room with wainscoting & exquisite master on main. An en suite tile bath wit ...
Continue reading

General Info - MLS 3459879
Parking: Attached, Garage - 2 Car
Year Built: 2008
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Rowan County
Lot Size: .92 acres

Neighborhood Info
Subdivision: Archer Ridge
Community Features: None
Listing History
07/16/2019: MLS Sold for $404,700 (Canopy MLS)
Cumulative Days on Market: 130
More details


08/23/2018: MLS # 3403121 sold for $443,700 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 64
Area Schools
7/10
Millbridge Elementary School
Distance: 7.6 mi
3/10
Corriher Lipe Middle School
Distance: 6.9 mi
3/10
South Rowan High School
Distance: 8.0 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 Archer Ridge neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Autumn Acres, Park Creek, and Walnut Hills.



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.