NOT LISTED FOR SALE

1045 Southwest Dr Unit 45 Davidson, NC 28036

Estimated Value: $521,000 - $539,000

2 Beds
2 Baths
1,170 Sq Ft
$253/mo HOA Fee

Last Sold April 17, 2020

Last sale price $287,500 $246 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,373/month

5 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Transitional Architecture
  • Davidson Elementary School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of April 2020

Newly Updated Home in Davidson Landing's South Harbortowne! 3rd Floor Location offers many New features. High ceilings for natural light. Open Floor plan. New Smooth Ceilings and Freshly Painted throughout. New Luxury plank flooring, with no carpet. New Master Bathroom fully updated with New luxury modern tile and glass spa shower, New double sink vanities, new plumbing and lighting fixtures. Lakeside Master Bedroom offers views of the Waterfront. Barn Door Walk in Closet. Kitchen features White cabinets, Granite counters and eat in bar. Newer Stainless appliances complete the gleaming look. Open and vaulted Great room with glass doors that lead to the covered Deck overlooking the Lake Norman. Fantastic spot to enjoy dining al fresco at Sunset, or your morning coffee! A great Location in Davidson! Boat Slips are available for Lease, by arrangement with the Leasing company that manages the Boat Slips; call them for availability. A must See Home that Your Buyers will Simply Love!

Last Agent to Sell the Property

Ann Scott

Lake Norman Realty, Inc. License #209996 Listed on: 03/13/2020

Lake Norman Realty, Inc.

Last Buyer's Agent

Melissa Goode Martin

Southern Homes of the Carolinas, Inc License #203962

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • Waterfront

HOA Fees

  • $253 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001-188-50

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

HOA Fees

$253 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 245.73
  • 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
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 115
  • Main Level Sq Ft: 1170
  • Total Sq Ft: 1170
  • Sq Ft Unheated Main: 20
  • Sq Ft Unheated Total: 20

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s), Walking Trails, Sidewalk, Sport Court, Game Court
  • Association Fee: 253.00
  • Association Fee Frequency: Monthly
  • Complex Name: South Harbortowne
  • HOA Management Company: Main Street Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Davidson
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 001-188-50
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 253100.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 14, 2020
Sold by
Delre James and Lunne Sherri
Bought by
Altrnie Ted and Altrnire Lisa
Seller's Agent
Ann Scott
Lake Norman Realty, Inc.
Buyer's Agent
Melissa Goode Martin
Southern Homes of the Carolinas, Inc
List Price
$287,500
Sold Price
$287,500
Current Estimated Value
$529,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,182
Avg. Annual Appreciation
12.42%
Original Mortgage
$150,000
Outstanding Balance
$107,744
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$421,938

Purchase Details

Listed on
Jan 9, 2018
Closed on
May 9, 2018
Sold by
Gainer James W and Gainer Joseph Walter
Bought by
Delre James and Teeter Sherri Lynne
Seller's Agent
Stephen Newsome
Main Sale Realty
Buyer's Agent
Ann Scott
Lake Norman Realty, Inc.
List Price
$275,000
Sold Price
$252,000
Premium/Discount to List
-$23,000
-8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$163,800
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Gainer Joseph W and Gainer Stehenie H
Bought by
Gainer Joseph W

Purchase Details

Closed on
Nov 1, 2006
Sold by
Gainer Joseph W and Gainer Stephanie B
Bought by
Gainer Joseph W and Gainer Stephanie B

Purchase Details

Closed on
Aug 17, 2004
Sold by
Donaldson Scott W
Bought by
Gainer Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Altrnie Ted $287,500 Southern Homes Title Inc
Delre James $252,000 None Available
Gainer Joseph W -- None Available
Gainer Joseph W -- None Available
Gainer Joseph W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altrnie Ted $150,000
Previous Owner Delre James $89,900
Previous Owner Delre James $163,800
Previous Owner Gainer Joseph W $125,250
Previous Owner Gainer Joseph W $42,000
Previous Owner Gainer Joseph W $120,000
Previous Owner Donaldson Scott W $98,000
Previous Owner Donaldson Scott W $52,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $287,500 0.0% $246 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $287,500 +14.1% $246 / Sq Ft
05/09/2018 05/09/18 Sold $252,000 -8.4% $218 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $275,000 -- $238 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $2,335 $393,122 $0 $393,122
2022 $2,335 $257,500 $0 $257,500
2021 $2,335 $257,500 $0 $257,500
2020 $2,295 $253,100 $0 $253,100
2019 $2,389 $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 (Canopy Realtor® Association)

MLS Number: CAR3602630

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-50