NOT LISTED FOR SALE

1127 Torrence Cir Unit 69 Davidson, NC 28036

Estimated Value: $619,244 - $664,000

3 Beds
2 Baths
1,368 Sq Ft
$462/Sq Ft Est. Value

Highlights

  • Assigned Boat Slip
  • Pier
  • Fireplace
  • Davidson Elementary School Rated A-
  • In Ground Pool
  • Forced Air Heating System

About This Home

As of September 2014

For Rent. Waterfront, 3 bedroom, third floor, end unit condo in Davidson Landing. Condo has stainless steel appliances, solid surface counter tops, brushed nickel door hardware & light fixtures through out. End unit provides lots of light and creates a very open feel. Large master bathroom and closet. Access the waterfront porch from both the great room and master bedroom. $1550/month. $1550 security deposit. Call agent for application. No smoking, No pets. $50 application fee.

Last Agent to Rent the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@era.com License #192052 Listed on: 07/31/2014

NorthGroup Real Estate LLC

Last Renter's Agent

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@era.com License #192052 Listed on: 07/31/2014

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1995

Lot Details

  • 2.36

Parking

  • 1 Open Parking Space

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • Ceiling Fan
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Pier
  • Assigned Boat Slip

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Mid-Rise Condominium
  • Captains Watch Condos
  • Davidson Landing Subdivision

Listing and Financial Details

  • Security Deposit $1,550
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 001-188-81

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,576

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Security Deposit: 1550

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1995
  • Road Surface Type: Asphalt
  • Property Attached Yn: Yes
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Mid-Rise
  • Attribution Contact: zachstamey@era.com
  • Special Features: None

Interior Features

  • Entry Level: 3
  • Fireplace: Yes
  • Interior Amenities: Cable Prewire, Storage
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Room Count: 7

Exterior Features

  • Exterior Features: In Ground Pool, Tennis Court(s)
  • Waterfront Features: Boat Slip (Lease/License), Pier
  • Patio And Porch Features: Other - See Remarks

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • Complex Name: Captains Watch

Schools

  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-188-81
  • ResoLotSizeUnits: Acres

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2006
Sold by
Macey John S and Macey Margo A
Bought by
Rethmeier Kenneth A and Rethmeier Judy F
Current Estimated Value
$631,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$35,843
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$595,968

Purchase Details

Closed on
Oct 2, 1998
Sold by
Merritt Michael N
Bought by
Macey John S and Macey Margo A

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
6.96%
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
Rethmeier Kenneth A $309,000 None Available
Macey John S $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rethmeier Kenneth A $60,000
Previous Owner Macey John S $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Rented $1,450 -6.5% --
09/16/2014 09/16/14 Under Contract -- -- --
07/31/2014 07/31/14 For Rent $1,550 +29.2% --
01/20/2012 01/20/12 Rented $1,200 0.0% --
12/21/2011 12/21/11 Under Contract -- -- --
10/19/2011 10/19/11 For Rent $1,200 -- --
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 $3,576 $470,714 -- $470,714
2024 $3,576 $470,714 -- $470,714
2023 $3,576 $470,714 $0 $470,714
2022 $2,717 $284,300 $0 $284,300
2021 $2,678 $284,300 $0 $284,300
2020 $2,618 $284,300 $0 $284,300
2019 $2,672 $284,300 $0 $284,300
2018 $2,585 $212,900 $70,000 $142,900
2017 $2,566 $212,900 $70,000 $142,900
2016 $2,562 $212,900 $70,000 $142,900
2015 $2,559 $212,900 $70,000 $142,900
2014 $2,557 $233,900 $91,000 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3025480

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-81