NOT LISTED FOR SALE

1018 Southwest Dr Davidson, NC 28036

Davidson Area

Estimated Value: $546,908 - $564,000

2 Beds
2 Baths
1,099 Sq Ft
$506/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2019

Last sale price $279,000 $254 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,303 / mo

24 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Community Pool
  • Davidson Elementary School Rated A-
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of May 2019

Third floor condo with an excellent view of Lake Norman. This condo has two bedrooms, two full bathrooms, and over 1100 of living space to enjoy the lake. One of the larger two bedroom floorplan in Davidson Landing providing large closets and a separate laundry room. Kitchen has granite countertops, tile backslash, and stainless steel appliances. The large waterfront porch overlooking the community pool and lake can be accessed from both the great room and the master bedroom. Vaulted ceilings in the main living area. Community features include the lake, pool, tennis, basketball, fitness/walking trial, and leased boatslips.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 03/11/2019

NorthGroup Real Estate LLC

Last Buyer's Agent

Susan Donaldson

West Norman Real Estate License #142832

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1994

Lot Details

  • Waterfront

Home Design

  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001-188-23

Community Details

Overview

  • Main Street Association, Phone Number (704) 255-1266
  • Mid-Rise Community
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Manufactured Home

Year Built

Built in 1994

Lot Details

3.54 Acres

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99678
  • Ratio Close Price By Original Li: 0.99678
  • Ratio Current Price By Sq Ft: 253.87
  • Special Assessment Description: 2019 assessment
  • Special Assessment Yn: Yes
  • Unit Floor Level: 3
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1099
  • Total Sq Ft: 1099

Exterior Features

  • Construction: Fiber Cement, Wood
  • Construction Type: Manufactured

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, Parking Space - 1

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee Frequency: Monthly
  • Complex Name: South Harbortowne
  • HOA Management Company: Main Street
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 001-188-23
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 253100.00
  • Tax Location: Davidson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 13, 2019
Sold by
Lake Front Llc
Bought by
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Susan Donaldson
West Norman Real Estate
List Price
$279,900
Sold Price
$279,000
Premium/Discount to List
-$900
-0.32%
Current Estimated Value
$555,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,977
Avg. Annual Appreciation
9.91%
Original Mortgage
$237,150
Outstanding Balance
$203,638
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$352,339

Purchase Details

Closed on
Dec 3, 2009
Sold by
Malfettone John V
Bought by
Lake Front Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Malfettone Joann
Bought by
Malfettone John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Davidson, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$279,000 None Available
Lake Front Llc -- None Available
Malfettone John -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $237,150
Previous Owner Malfettone John $68,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $279,000 -0.3% $254 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $279,900 0.0% $255 / Sq Ft
04/11/2016 04/11/16 Rented $1,100 0.0% --
04/07/2016 04/07/16 Under Contract -- -- --
02/09/2016 02/09/16 For Rent $1,100 +10.0% --
02/05/2014 02/05/14 Rented $1,000 0.0% --
01/06/2014 01/06/14 Under Contract -- -- --
12/30/2013 12/30/13 For Rent $1,000 0.0% --
01/08/2013 01/08/13 Rented $1,000 0.0% --
01/08/2013 01/08/13 For Rent $1,000 0.0% --
01/27/2012 01/27/12 Rented $1,000 -9.1% --
01/27/2012 01/27/12 For Rent $1,100 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,994 $393,122 $393,122
2024 $2,994 $393,122 $393,122
2023 $2,994 $393,122 $393,122
2022 $2,423 $253,100 $0 $253,100
2021 $2,395 $253,100 $0 $253,100
2020 $2,335 $253,100 $0 $253,100
2019 $2,402 $253,100 $0 $253,100
2018 $2,402 $197,300 $70,000 $127,300
2017 $2,384 $197,300 $70,000 $127,300
2016 $2,380 $197,300 $70,000 $127,300
2015 $2,377 $197,300 $70,000 $127,300
2014 $2,375 $199,500 $70,000 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3482069

Canopy MLS

APN: 001-188-23

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