NOT LISTED FOR SALE

1111 Torrence Cir Unit 59 Davidson, NC 28036

Estimated Value: $521,000 - $558,000

2 Beds
2 Baths
1,081 Sq Ft
$155/mo HOA Fee

Last Sold October 26, 2017

Last sale price $240,000 $222 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,239/month

77 Days on Market

Highlights

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

About This Home

As of October 2017

Excellent lake view from this 2nd floor condo in Davidson Landing. Located in the Captains Watch complex. This condo has two bedrooms, two bathrooms, and just under 1,100 square feet of living space. Updates include wood floors, tile floors, granite counter tops, and stainless appliances. The large waterfront porch can be accessed from both the master bedroom and great room. Amenities include the lake, pool, tennis, and fitness trail.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 07/11/2017

NorthGroup Real Estate LLC

Last Buyer's Agent

Melissa Goode Martin

Southern Homes of the Carolinas, Inc License #203962

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • 2.36

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Gas Log Fireplace
  • Pond
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-188-71

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Sq Ft: 222.02
  • Special Assessment Description: exterior paint
  • Special Assessment Yn: Yes
  • 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: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1081
  • Total Sq Ft: 1081

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Parking: 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, Pond, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 155.00
  • Association Fee Frequency: Monthly
  • Complex Name: Captains Watch
  • 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
  • Parcel Number: 001-188-71
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 199500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Oct 24, 2017
Sold by
The Curtis Family Trust
Bought by
Leggett William E and Leggett Julie T
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Melissa Goode Martin
Southern Homes of the Carolinas, Inc
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$535,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,353
Avg. Annual Appreciation
10.56%
Original Mortgage
$140,000
Outstanding Balance
$96,752
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$438,601

Purchase Details

Closed on
Jul 17, 2015
Sold by
Curtis Deborah Jane and Curtis John Michael
Bought by
Curtis Family Trust

Purchase Details

Closed on
Feb 12, 2007
Sold by
Hosseini Teresa C and Hosseini Seyed Ali
Bought by
Norberg Timothy C and Norberg Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Sellers Harold Dean and Sellers Sara Lynn
Bought by
Hosseini Teresa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,169
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Leggett William E $240,000 None Available
Curtis Family Trust -- Attorney
Norberg Timothy C $279,000 None Available
Hosseini Teresa C $177,500 Colonial
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggett William E $140,000
Previous Owner Norberg Timothy C $223,200
Previous Owner Hosseini Teresa C $168,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2017 10/26/17 Sold $240,000 -4.0% $222 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $250,000 -- $231 / 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 $3,046 $400,000 -- $400,000
2024 $3,046 $400,000 -- $400,000
2023 $3,001 $400,000 $0 $400,000
2022 $2,475 $258,600 $0 $258,600
2021 $2,445 $258,600 $0 $258,600
2020 $2,385 $258,600 $0 $258,600
2019 $2,439 $258,600 $0 $258,600
2018 $2,428 $199,500 $70,000 $129,500
2017 $2,410 $199,500 $70,000 $129,500
2016 $2,406 $199,500 $70,000 $129,500
2015 $2,403 $199,500 $70,000 $129,500
2014 $2,401 $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: CAR3299164

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-71