NOT LISTED FOR SALE

1114 Torrence Cir Davidson, NC 28036

Estimated Value: $534,000 - $560,000

2 Beds
2 Baths
1,155 Sq Ft
$255/mo HOA Fee

Last Sold July 30, 2020

Last sale price $320,000 $277 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,375/month

1 Day on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Pond
  • Davidson Elementary School Rated A-
  • Community Lake
  • Engineered Wood Flooring

About This Home

As of July 2020

Beautifully updated condo in the Captains Watch complex of Davidson Landing. Two bedrooms, two bathrooms, and over 1100 square feet. This is one of the larger two bedroom floor plans in Davidson Landing. Kitchen updates include quartz counter tops, tile back splash, stainless appliances, additional bar cabinets, and a beverage/wine refrigerator. The master bedroom has a nice lake view and a very large walk-in closet. The master bathroom has an updated dual vanity with quartz top, tile floors, walk-in tiled shower with spa shower system. Wood floors throughout the living area. Enjoy the excellent lake view from the large waterfront porch. The porch can be accessed from both the great room and the master bedroom. Community amenities include the lake, pool, tennis, basketball, fitness/walking trails, and leased boat slips.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 06/27/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Monique Spittel

Southern Homes of the Carolinas, Inc License #298354

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Pond
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-188-74

Community Details

Overview

  • Main Street Association, Phone Number (704) 255-1266
  • 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

$255 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01587
  • Ratio Close Price By Original Li: 1.01587
  • Ratio Current Price By Sq Ft: 277.06
  • 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: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Open Floorplan, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1155
  • Total Sq Ft: 1155

Exterior Features

  • Construction: Fiber Cement, Hard Stucco, Wood
  • Construction Type: Site Built

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, Pond, Outdoor Pool, Tennis Court(s), Walking Trails, Sidewalk, Street Lights
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Complex Name: Captains Watch
  • HOA Management Company: Main Street
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 001-188-74
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 258600.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Jul 29, 2020
Sold by
Mccan Daniel H and Mccan Catherine A
Bought by
Virgintino Michael F and Virgintino Marguerite
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Monique Spittel
Southern Homes of the Carolinas, Inc
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$542,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,173
Avg. Annual Appreciation
10.61%
Original Mortgage
$288,000
Outstanding Balance
$255,948
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$286,225

Purchase Details

Closed on
Sep 29, 2015
Sold by
Lamendola Ben
Bought by
Mccan Daniel H and Mccan Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Virgintino Michael F $320,000 Chicago Title
Mccan Daniel H $210,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virgintino Michael F $288,000
Previous Owner Mccan Daniel H $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $320,000 +1.6% $277 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $315,000 0.0% $273 / Sq Ft
10/01/2014 10/01/14 Rented $1,200 -4.0% --
09/26/2014 09/26/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $1,250 -- --
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 $2,346 $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: CAR3634004

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-74