NOT LISTED FOR SALE

1116 Torrence Cir Unit 64 BLD 1 U/F 39 Davidson, NC 28036

Estimated Value: $540,618 - $575,000

2 Beds
2 Baths
1,209 Sq Ft
$269/mo HOA Fee

Last Sold March 31, 2021

Last sale price $395,000 $327 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,464/month

19 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Contemporary Architecture
  • Davidson Elementary School Rated A-
  • Community Lake
  • End Unit

About This Home

As of March 2021

This First floor, end unit condo is the largest 2bed/2bath condo in the complex. Great waterfront views from the living area, patio & Master bedroom. Featuring a new HVAC system(2021), new microwave & dishwasher (2021), newer range & washer/dryer (2020), updated sliding glass door & window assembly with built in shades. Recent
updates include the garbage disposal, kitchen faucet assembly, living room fan, carpeting, outdoor fan and shade,
new toilet in 2nd bath. Kitchen has granite counters and bar, update backsplash & under cabinet lighting, SS appliances (sans frig), tiled flooring. The master bedroom features a double window, double walk in closets, triple
fixed windows (all unique to this floor plan). Master bath has double vanities, garden tub & walk in shower (only in this end unit floor plan). Condo has ADT security & outside storage. Community has a pool, walking/fitness trails, tennis courts. Garage #4 is available for purchase for an additional $34K.

Last Agent to Sell the Property

Dan Holcomb

Holcomb Realty License #226275 Listed on: 02/25/2021

Last Buyer's Agent

Jack Beckman

Southern Homes of the Carolinas, Inc License #283036

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • End Unit
  • Lawn

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • 1

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Storage Room
  • Laminate Flooring

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-188-76

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

$269 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.09753
  • Ratio Close Price By Original Li: 1.09753
  • Ratio Current Price By Sq Ft: 326.72
  • Unit Floor Level: 1
  • 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), CO Detector, Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Hood, Refrigerator, Security System, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile
  • H O A Management Phone: 7042551266
  • Interior Amenities: Cable Available, Garden Tub, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1209
  • Total Sq Ft: 1209
  • Sq Ft Unheated Main: 16
  • Sq Ft Unheated Total: 16

Exterior Features

  • Construction: Hard Stucco, Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Pool-In-Ground, Storage Unit, Tennis Court(s), Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 269.00
  • Association Fee Frequency: Monthly
  • Complex Name: Captains Watch
  • HOA Management Company: Main Street
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: End Unit, Lake, Water view, Waterfront
  • Parcel Number: 001-188-76
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 265700.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 31, 2021
Sold by
Gave John E and Gave Cynthia A
Bought by
Tibbetts Michael R and Tibbetts Marilyn A
Seller's Agent
Dan Holcomb
Holcomb Realty
Buyer's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
List Price
$359,900
Sold Price
$395,000
Premium/Discount to List
$35,100
9.75%
Current Estimated Value
$553,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,655
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Coey Timothy F and Coey Mary L
Bought by
Gave Cythia A and Gave John E

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
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Coey Larry E and Coey Penny S
Bought by
Coey Timothy F and Coey Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 15, 2001
Sold by
Stahl Douglas and Stahl Virginia B
Bought by
Coey Timothy F and Coey Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.87%
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
Tibbetts Michael R $395,000 None Available
Gave Cythia A $230,000 None Available
Coey Timothy F -- --
Coey Timothy F $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gave Cythia A $200,000
Previous Owner Coey Timothy F $132,000
Previous Owner Coey Timothy F $89,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $395,000 +9.8% $327 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $359,900 0.0% $298 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $359,900 -- $298 / 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 $3,211 $422,061 -- $422,061
2024 $3,211 $422,061 -- $422,061
2023 $3,164 $422,061 $0 $422,061
2022 $2,542 $265,700 $0 $265,700
2021 $2,509 $265,700 $0 $265,700
2020 $2,449 $265,700 $0 $265,700
2019 $2,503 $265,700 $0 $265,700
2018 $2,471 $203,200 $70,000 $133,200
2017 $2,453 $203,200 $70,000 $133,200
2016 $2,449 $203,200 $70,000 $133,200
2015 $2,446 $203,200 $70,000 $133,200
2014 $2,444 $203,200 $70,000 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3711694

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-76