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Terra Vista Realty
504 Watson Street
504 Watson Street
$488,168 (our value guesstimate)
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Davidson, NC 28036 ▪  (MLS # 3484126)
Built: 1916
3 bed  ▪  1 full & 1 half bath  ▪  1,600 Sq Ft
Sold for $275,000 on Jun 24, 2019
504 Watson Street
$488,168 (our value guesstimate)
Davidson, NC 28036 ▪  (MLS # 3484126)
Built: 1916
3 bed  ▪  1 full & 1 half bath  ▪  1,600 Sq Ft
Sold for $275,000 on Jun 24, 2019
SOLD JUN 24, 2019
1 of 35 
SOLD JUN 24, 2019
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SOLD JUN 24, 2019
1 of 35 
SOLD JUN 24, 2019
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SOLD JUN 24, 2019
1 of 35 
SOLD JUN 24, 2019
1 of 35 
SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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SOLD JUN 24, 2019
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$275,000  (sales price)
3 bed  ▪  1 full & 1 half bath  ▪  1,600 Sq Ft
504 Watson Street
Davidson, NC 28036 (MLS # 3484126)
.39 acres  ▪   Built: 1916
Davidson, NC / 28036

Our Value Guesstimate (from Computer Algorithm): $488,168

Our computer algorithm has estimated that this home would be likely to sell in a range between $414,943 and $561,393.
Sale Details
Sales Price: $275,000
Closed: Jun 24, 2019 (1,739 days ago)
List Price: $300,000
Sold for: 92% of list price
Cumulative Days on Market: 24
Price/Sq Ft: $172
Remarks - 504 Watson Street
(from previous listing) So much potential, so many options, all in historical downtown Davidson! Development potential on corner lot with Davidson VIP zoning. Potential opportunity for business retail, office space, or multifamily. Two homes on lot, the lot can be sub-divided under specific conditions. Rental potential, the smaller home has tenants in place, with month to month lease.
General Info - MLS # 3484126
Parking: Driveway
Year Built: 1916
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Mecklenburg County
Lot Size: .39 acres
Area Schools
10/10
Davidson K-8 School
Distance: 1.0 mi
10/10
William Amos Hough High School
Distance: 2.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Listing History
06/24/2019: MLS Sold for $275,000 (Canopy MLS)
Cumulative Days on Market: 24
More details

County Tax Data
2023 County Tax Assessment: $602,200
Next Mecklenburg County Tax Assessment: 2027

1% List Fee for Sellers

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

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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 18th 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:

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.

45%
of Available Homes
Are Under Contract
45% of previously owned 28036-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28036 Area Metro Area
1-year +15% + 3%
2-year +12% + 2%
5-year +70% +66%
The price per square foot of 28036-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $281 per square foot in 28036 over the past 90 days - as compared to $212 for the entire metro area.

13
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 13 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 +15% + 3%
2-year +12% + 2%
5-year +70% +66%

The price per square foot of 28036-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $281 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 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $488,168

Our computer algorithm has estimated that this home would be likely to sell in a range between $414,943 and $561,393.


Sale Details
Sales Price: $275,000
Closed: Jun 24, 2019 (1,739 days ago)
List Price: $300,000
Sold for: 92% of list price
Cumulative Days on Market: 24
Price/Sq Ft: $172
Remarks
(from previous listing) So much potential, so many options, all in historical downtown Davidson! Development potential on corner lot with Davidson VIP zoning. Potential opportunity for business retail, office space, or multifamily. Two homes on lot, the lot can be sub-divided under specific conditions. Rental potential, th ...
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General Info - MLS 3484126
Parking: Driveway
Year Built: 1916
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Mecklenburg County
Lot Size: .39 acres

Listing History
06/24/2019: MLS Sold for $275,000 (Canopy MLS)
Cumulative Days on Market: 24
More details

Area Schools
10/10
Davidson K-8 School
Distance: 1.0 mi
10/10
William Amos Hough High School
Distance: 2.8 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.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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.