See Home Value
Davie 27006
116 Arnold Palmer Drive
$854,015*
House - Off Market

116 Arnold Palmer Drive

Advance, NC 27006
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$657,000 - $801,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Jun 21, 2021
$730,000
$621,712 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2052
Sold Aug 13, 2018
$510,000
$453,000 by Amerisave Mortgage Corporation
Mortgage Due Jan 01, 2048

About This Property

Magnificent all Brick 2 story home in sought after OAK VALLEY (Palmers Ridge). This 5BR 4.5 BA home features open floor plan, hard wood floors, gas log in great room looking out into beautifully maintained private back yard.The kitchen is wonderful with linen quartz island, counter tops and custom cabinets, pantry, breakfast room and breakfast bar. The main level Master features separate vanity, tiled shower and jetted tub, also a office/sitting area. Upper level offers an additional 4 Bedrooms with 2 additional baths and plenty of walk in attic storage. The walk out bright basement is wonderfully finished w/ an additional kitchen, bar, eating area, recreational area, living space and full bath.  Golf course, pool, playground, and tennis courts community. Oak Valley is a beautiful community with 2 beautifully maintained entrances which is minutes to access I-40
Unit Size
-
Days on Market
-
Land Size
1.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$4,765
HOA Dues
$529
Year Built
2003

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold to Michael T Williams, Sarah T... $730,000
Sold to Michael T Williams, Sarah T...
Jun 2, 2021 No longer available -
No longer available
Apr 30, 2021 Listed $729,900
Listed
Aug 13, 2018 Sold to Jon Kite, Melissa Kite $510,000
Sold to Jon Kite, Melissa Kite
Sep 1, 2002 Sold $70,000
Sold

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A+
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,999
  • Garage Type: Garage
  • Garage Square Area: 470
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 3,663
  • Gross Building Area: 7,076
  • Building Area: 3,663
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 3,663
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK VALLEY
  • Land Acres: 1.22
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: LOT 566 OAK VALLEY PALMERS RIDGE

Ownership

  • Current Owner : WILLIAMS MICHAEL T
  • Current Owner 2: WILLIAMS SARAH T
  • Previous Owner : KITE JON
  • Previous Owner 2: KITE MELISSA
  • Owner Before Previous Owner: WILSON JEFFREY R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Davie County Schools
  • School Tax School District: 15
  • School Tax District Code 2: 03
  • Census Tract: 080301

Zoning

  • Zoning: R12S

Geography

  • Assessors Map Reference: BK 7 PG 0069
  • Account Number: 8317850
  • District: 03
  • Parcel: E900000566
  • Lot: 566
  • Municipality: FARMINGTON
  • Latitude: 35.983
  • Longitude: -80.4436

    Address

  • Full Address: 116 Arnold Palmer Dr
  • Address - House Number: 116
  • Address - Street Name: Arnold Palmer
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Advance
  • Carrier Code: R007
  • 4-Digit Zip Code: 7310
  • Zip Code: 27006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,414
  • Tax Rate Code Area: C ,FR15

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 893,552
  • High Value: 1,108,034
  • Low Value: 679,069

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $866,712
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $621,712
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Jan 30, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $245,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jan 30, 2054

    Market Valuation

  • Market Total Value: $700,350
  • Market Land Value: $100,000
  • Market Improvement Value: $600,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,350
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $600,350

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841155895
  • Current Sale Price: $730,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4435
  • Previous Sale Recording Date: Aug 13, 2018
  • Previous Sale Contract Date: Aug 13, 2018
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $620,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Aug 13, 2018
  • Previous Mortgage Loan Amount: $453,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
5 Baths
-
$659,000 Dec 7, 2023
-
$670/mo

About Davie


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Nearby Rentals

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Frequently Asked Questions

When was property at 116 Arnold Palmer Drive built and last sold?
The property at 116 Arnold Palmer Drive was built in 2003 and last sold on Jun 14, 2021 for $730,000.
How much is this home worth?
The estimated value of the home located at 116 Arnold Palmer Drive is $737,199.
What are some comparable homes to 116 Arnold Palmer Drive?
There are currently no comparable homes to 116 Arnold Palmer Drive.

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