NOT LISTED FOR SALE

1129 Torrence Cir Unit 71 Davidson, NC 28036

Estimated Value: $541,000 - $618,000

3 Beds
2 Baths
1,330 Sq Ft
$289/mo HOA Fee

Last Sold July 30, 2020

Last sale price $310,000 $233 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,689/month

51 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Tennis Courts
  • Davidson Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of July 2020

Three bedroom, two bathroom waterfront condo in the Captains Watch complex of Davidson Landing. Great location to enjoy Lake Norman and the surrounding amenities. Recent improvements include luxury vinyl plank flooring (LVP) and new black stainless steel appliances in the kitchen. The large master bedroom has access to the waterfront porch. Large master bedroom closet and bathroom. Excellent lake view front the great room and waterfront porch. Boatslips can be leased. Community amenities include the lake, tennis courts, fitness trail, and pier. Easy access to I77, restaurants, and shopping.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 05/08/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Jennifer Lee

Mackey Realty LLC License #308126

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Gas Log Fireplace
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-188-83

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

$289 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96905
  • Ratio Close Price By Original Li: 0.95385
  • Ratio Current Price By Sq Ft: 233.08
  • Unit Floor Level: 2
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Built-Ins, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1330
  • Total Sq Ft: 1330

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned 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, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 289.15
  • 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: 001-188-83
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 279300.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 30, 2020
Sold by
Lohr Hayley I and Wyatt Devin B
Bought by
Duer Lisa
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Jennifer Lee
Mackey Realty LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$589,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,875
Avg. Annual Appreciation
13.09%
Original Mortgage
$300,700
Outstanding Balance
$267,235
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$322,640

Purchase Details

Listed on
Nov 25, 2016
Closed on
Mar 4, 2017
Sold by
Hodges James Alexander and Hodges Karen D
Bought by
Wyatt Devin B and Lohr Hayley I
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Michael Green
Ivester Jackson Christie's
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$188,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Hodges James Alexander
Bought by
Hodges James Alexander and Hodges Karen D

Purchase Details

Closed on
Sep 9, 2005
Sold by
Day Gary T and Day Kazumi
Bought by
Hodges James A

Purchase Details

Closed on
Feb 25, 2004
Sold by
Hassett Robert J and Hassett Joan K
Bought by
Day Gary T and Day Kazumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,236
Interest Rate
5.63%
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
Duer Lisa $310,000 None Available
Wyatt Devin B $235,000 None Available
Hodges James Alexander -- None Available
Hodges James A $196,000 --
Day Gary T $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duer Lisa $300,700
Previous Owner Wyatt Devin B $188,000
Previous Owner Day Gary T $134,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Sold $310,000 -3.1% $233 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $319,900 -1.6% $241 / Sq Ft
05/08/2020 05/08/20 For Sale $325,000 +38.3% $244 / Sq Ft
03/08/2017 03/08/17 Sold $235,000 -6.0% $177 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
11/25/2016 11/25/16 For Sale $250,000 0.0% $188 / Sq Ft
07/18/2015 07/18/15 Rented $1,350 -3.6% --
07/15/2015 07/15/15 Under Contract -- -- --
06/16/2015 06/16/15 For Rent $1,400 +29.6% --
02/22/2013 02/22/13 Rented $1,080 -6.1% --
01/23/2013 01/23/13 Under Contract -- -- --
01/02/2013 01/02/13 For Rent $1,150 0.0% --
02/03/2012 02/03/12 Rented $1,150 -4.2% --
01/04/2012 01/04/12 Under Contract -- -- --
08/20/2011 08/20/11 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 $3,379 $444,459 -- $444,459
2024 $3,379 $444,459 -- $444,459
2023 $3,330 $444,459 $0 $444,459
2022 $2,670 $279,300 $0 $279,300
2021 $2,632 $279,300 $0 $279,300
2020 $2,533 $279,300 $0 $279,300
2019 $2,626 $279,300 $0 $279,300
2018 $2,554 $210,200 $70,000 $140,200
2017 $2,534 $210,200 $70,000 $140,200
2016 $2,531 $210,200 $70,000 $140,200
2015 -- $210,200 $70,000 $140,200
2014 $2,525 $231,200 $91,000 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3615468

Canopy MLS (Canopy Realtor® Association)

APN: 001-188-83