NOT LISTED FOR SALE

1102 Torrence Cir Unit 50 Davidson, NC 28036

Estimated Value: $529,552 - $562,000

2 Beds
2 Baths
1,207 Sq Ft
$262/mo HOA Fee

Last Sold September 13, 2021

Last sale price $400,000 $331 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,388/month

13 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Tennis Courts
  • Davidson Elementary School Rated A-
  • Community Pool
  • Tile Flooring

About This Home

As of September 2021

This Second floor, end-unit condo is one of the largest 2 Bed/2 Bath condos in the complex. Freshly updated! New LVP floors, fresh paint, and more. Great waterfront views from the living area, patio & Primary bedroom. The kitchen has granite countertops and bar, updated backsplash, Stainless Steel appliances, and tiled flooring. The community has a pool, walking/fitness trails, tennis courts. There are currently no available docks for lease in front of this condo, there is a dock under construction with slips that will be available for lease in the upcoming months.

Last Agent to Sell the Property

Max Hand

Titan Realty, Inc. License #322382 Listed on: 08/10/2021

Last Buyer's Agent

Sean McCartney

ENRG Global Realty LLC License #267043

ENRG Global Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • Waterfront

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace

Flooring

  • Tile
  • Vinyl Plank

Listing and Financial Details

  • Assessor Parcel Number 001-188-62

Community Details

Overview

  • Gpm Group Association, Phone Number (704) 896-7224
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Tri-Level
  • Ratio Close Price By List Price: 1.01266
  • Ratio Close Price By Original Li: 1.01266
  • Ratio Current Price By Sq Ft: 331.40
  • Unit Floor Level: 2
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Upper
  • Equipment: Cooktop Electric
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank
  • H O A Management Phone: 704-896-7224
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1207
  • Total Sq Ft: 1207

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 1

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 262.00
  • Association Fee Frequency: Monthly
  • Complex Name: Davidson Landing
  • HOA Management Company: GPM Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront
  • Parcel Number: 001-188-62
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 261100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 13, 2021
Sold by
Deluca Joseph Robert and Deluca Mary Bradley
Bought by
Deluca Joseph R and Joseph R Deluca Living Trust
Seller's Agent
Max Hand
Titan Realty, Inc.
Buyer's Agent
Sean McCartney
ENRG Global Realty LLC
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$542,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,638
Avg. Annual Appreciation
7.70%
Original Mortgage
$320,000
Outstanding Balance
$291,176
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,462

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 9, 2021
Sold by
Onsrud Jeffrey Thomas and Onsrud Jennifer
Bought by
Deluca Joseph Robert and Deluca Mary Bradley
Seller's Agent
Max Hand
Titan Realty, Inc.
Buyer's Agent
Sean McCartney
ENRG Global Realty LLC
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$291,176
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,462

Purchase Details

Closed on
Feb 24, 2020
Sold by
Onsrud Jeffrey Thomas and Onsrud Jennifer
Bought by
Onsrud Jeffrey Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Leising Janet L
Bought by
Onsrud Jeffrey Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Mccrary Betty C
Bought by
Leising Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,370
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Deluca Joseph R -- None Available
Deluca Joseph Robert $400,000 Title Company Of Nc
Onsrud Jeffrey Thomas -- Timios Inc
Onsrud Jeffrey Thomas $250,000 Tcnc
Leising Janet L $169,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Joseph Robert $320,000
Previous Owner Onsrud Jeffrey Thomas $121,500
Previous Owner Onsrud Jeffrey Thomas $200,000
Previous Owner Leising Janet L $118,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $400,000 +1.3% $331 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $395,000 -- $327 / 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
2025 $3,082 $404,865 -- $404,865
2024 $3,082 $404,865 -- $404,865
2023 $3,037 $404,865 $0 $404,865
2022 $2,499 $261,100 $0 $261,100
2021 $2,467 $261,100 $0 $261,100
2020 $2,407 $261,100 $0 $261,100
2019 $2,461 $261,100 $0 $261,100
2018 $2,443 $200,800 $70,000 $130,800
2017 $2,425 $200,800 $70,000 $130,800
2016 $2,421 $200,800 $70,000 $130,800
2015 $2,418 $200,800 $70,000 $130,800
2014 $2,416 $200,800 $70,000 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3772577

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-62