$252,000
SOLD MAY 9, 2018

1045 Southwest Dr Unit 45 Davidson, NC 28036

2 Beds
2 Baths
1,155 Sq Ft
$161/mo HOA Fee

Recently Sold

$218 Per Sq Ft

8% Below List Price

102 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Tray Ceiling
  • Davidson Elementary School Rated A-
  • Community Lake
  • Walk-In Closet

About This Home

As of April 2020

Here is your opportunity! 3rd floor (higher ceilings) waterfront/view condo with new/updated kitchen with granite/stainless. New carpet. Ready to move in or update to your own tastes in the baths and paint. Enjoy evenings by the lake with a great view from the deck or from the pool area below. Easy access to I77 and shopping etc in Davidson. It's a vacation everyday at the lake!

Last Agent to Sell the Property

Stephen Newsome

Main Sale Realty License #C25792 Listed on: 01/09/2018

Last Buyer's Agent

Ann Scott

Lake Norman Realty, Inc. License #209996

Lake Norman Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Tile Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Additional Features

  • Waterfront
  • Cable TV Available

Community Details

  • Csi Association, Phone Number (704) 892-1660
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-188-50

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Tri-Level
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93368
  • Ratio Close Price By Original Li: 0.91636
  • Ratio Current Price By Sq Ft: 218.18
  • Special Assessment Description: $258 per qtr/ 3 left
  • 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: Third
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Vented
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Cable Available, Garden Tub, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 120
  • Main Level Sq Ft: 1155
  • Total Sq Ft: 1155

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 161.41
  • Association Fee Frequency: Monthly
  • Complex Name: South Harbortowne
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

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

Tax Info

  • Tax Value: 197300.00
  • 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
12.34%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $287,500 Southern Homes Title Inc
Warranty Deed $252,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $89,900 Commercial
Previous Owner $163,800 New Conventional
Previous Owner $125,250 New Conventional
Previous Owner $42,000 Credit Line Revolving
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $98,000 Balloon
Previous Owner $52,300 Credit Line Revolving
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: CAR3349984

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-50