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506 N Faulkner Way
506 N Faulkner Way
$816,685 (our value guesstimate)
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Davidson, NC 28036 ▪  (MLS # 3588101)
2-car garage  ▪   Built: 2004
3 bed  ▪  2 full & 1 half bath  ▪  2,615 Sq Ft
Sold for $491,000 on May 04, 2020
506 N Faulkner Way
$816,685 (our value guesstimate)
Davidson, NC 28036 ▪  (MLS # 3588101)
2-car garage  ▪   Built: 2004
3 bed  ▪  2 full & 1 half bath  ▪  2,615 Sq Ft
Sold for $491,000 on May 04, 2020
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
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SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
1 of 26 
SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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SOLD MAY 4, 2020
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$491,000  (sales price)
3 bed  ▪  2 full & 1 half bath  ▪  2,615 Sq Ft
506 N Faulkner Way
Davidson, NC 28036 (MLS # 3588101)
.21 acres  ▪   Built: 2004
Subdivision: New Neighborhood/Old Davidson
Davidson, NC / 28036

Our Value Guesstimate (from Computer Algorithm): $816,685

Our computer algorithm has estimated that this home would be likely to sell in a range between $694,182 and $939,188.
Sale Details
Sales Price: $491,000
Closed: May 4, 2020 (1,424 days ago)
List Price: $519,900
Sold for: 94% of list price
Cumulative Days on Market: 27
Price/Sq Ft: $188
Remarks - 506 N Faulkner Way
(from previous listing) Great house in desirable St. Albans neighborhood in Davidson.Property is in wonderful condition with recent upgrades.Just 1.2 miles from Main Street, home provides inviting indoor and outdoor spaces. Large covered front porch and spacious rear deck overlooking the backyard. Front yard was newly sodded in the fall of 2019 & a professional landscape plan has been prepared for the entire yard. Large master suite on main. Half bath and upstairs bath updated 2017.Upstairs has two bedrooms and full ba ...
Continue reading

General Info - MLS # 3588101
Parking: Attached, Garage - 2 Car, On Street, Other
Year Built: 2004
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Mecklenburg County
Lot Size: .21 acres
Area Schools
10/10
Davidson K-8 School
Distance: 1.2 mi
10/10
William Amos Hough High School
Distance: 1.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: New Neighborhood/Old Davidson
Community Features: Dog Park, Playground, Sidewalks, Street Lights
Listing History
05/04/2020: MLS Sold for $491,000 (Canopy MLS)
Cumulative Days on Market: 27
More details

County Tax Data
2023 County Tax Assessment: $662,100
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $4,938

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


  More Home Details
  Map / Satellite View

See Sold Homes in New Neighborhood/Old Davidson
SOLD OCT 19, 2023
Sold for $259/Sq Ft & 95% of list
6 cumulative days on market
$720,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,785 SqFt
231 Fairview Ln
Davidson, NC 28036
New Neighborhood/Old Davidson
0.1 mi.

SOLD JUN 21, 2023
Sold for $225/Sq Ft & 91% of list
86 cumulative days on market
$1,000,000 (sales price)
4 bed  ▪  3 full & 2 h. bath  ▪  4,446 SqFt
510 N Faulkner Way
Davidson, NC 28036
New Neighborhood/Old Davidson
0.0 mi.

SOLD MAR 23, 2023
Sold for $260/Sq Ft & 98% of list
6 cumulative days on market
$680,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  2,615 SqFt
506 N Faulkner Way
Davidson, NC 28036
New Neighborhood/Old Davidson
0.0 mi.

Neighborhood Summary (single family)
New Neighborhood/old Davidson

Sales in:

Median $ / Sq Ft (single family)
New Neighborhood/old Davidson




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: $816,685

Our computer algorithm has estimated that this home would be likely to sell in a range between $694,182 and $939,188.


Sale Details
Sales Price: $491,000
Closed: May 4, 2020 (1,424 days ago)
List Price: $519,900
Sold for: 94% of list price
Cumulative Days on Market: 27
Price/Sq Ft: $188
Remarks
(from previous listing) Great house in desirable St. Albans neighborhood in Davidson.Property is in wonderful condition with recent upgrades.Just 1.2 miles from Main Street, home provides inviting indoor and outdoor spaces. Large covered front porch and spacious rear deck overlooking the backyard. Front yard was newly sodd ...
Continue reading

General Info - MLS 3588101
Parking: Attached, Garage - 2 Car, On Street, Other
Year Built: 2004
Listing Status: Sold
Property Type: Single Family Home
Location: Davidson / Mecklenburg County
Lot Size: .21 acres

Neighborhood Info
Subdivision: New Neighborhood/Old Davidson
Community Features: Dog Park, Playground, Sidewalks, Street Lights
Listing History
05/04/2020: MLS Sold for $491,000 (Canopy MLS)
Cumulative Days on Market: 27
More details

Area Schools
10/10
Davidson K-8 School
Distance: 1.2 mi
10/10
William Amos Hough High School
Distance: 1.8 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.
If you’re looking to sell a home in the New Neighborhood/old Davidson neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Old Davidson, Cabin Creek, and Mcconnell.



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.