NOT LISTED FOR SALE

1202 Torrence Cir Unit 3 Davidson, NC 28036

Estimated Value: $617,000 - $658,000

3 Beds
2 Baths
1,433 Sq Ft
1996 Built

Sale Details

Date Sold: May 1, 2017

Last sale price $345,000 $241 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,967 / mo

89 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Cathedral Ceiling
  • Davidson Elementary School Rated A-
  • Engineered Wood Flooring
  • End Unit

About This Home

As of May 2017

End unit, 4 walls of glass, completely renovated, garage for sale, very open concept for entertaining. This quiet penthouse condo with vaulted ceilings has lots of natural light, custom kitchen cabinets with granite and subway backsplash. Newly painted, new carpet, smooth ceilings, hardwood floors, custom closets designed for Master BR and guest BR. Also, there is an office/bedroom. Both baths are renovated with tiles. Boardwalk around complex-great for walking and restaurant is on property

Last Agent to Sell the Property

Ann Payne

Team Thomas & Associates Realty Inc. License #38550 Listed on: 12/27/2016

Last Buyer's Agent

Ann Payne

Team Thomas & Associates Realty Inc. License #38550 Listed on: 12/27/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 1

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Storage Room

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-189-03

Community Details

Overview

  • Gpm Group Association, Phone Number (704) 896-7224
  • Mid-Rise Community
  • Community Lake

Recreation

  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0 Sq Ft Lot

HOA Fees

$232 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98600
  • Ratio Close Price By Original Li: 0.98600
  • Ratio Current Price By Sq Ft: 240.75
  • Unit Floor Level: 3
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: CO Detector, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Carpet
  • H O A Management Phone: 704-896-7224
  • Interior Amenities: Cathedral Ceiling(s), Window Treatments
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1433
  • Total Sq Ft: 1433

Exterior Features

  • Construction: Fiber Cement, Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Boat Slip (Lease/License), Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 1 Car, Keypad Entry, Parking Space - 2

Utilities

  • Heating: Gas Water Heater
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Recreation Area, Walking Trails
  • Association Fee: 232.00
  • Association Fee Frequency: Monthly
  • Complex Name: Newport
  • HOA Management Company: GPM Group
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: End Unit, Waterfront
  • Parcel Number: 001-189-03
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 235200.00
  • Tax Location: Davidson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
May 1, 2017
Sold by
Bought by
Seller's Agent
Ann Payne
Team Thomas & Associates Realty Inc.
Buyer's Agent
Ann Payne
Team Thomas & Associates Realty Inc.
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$639,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,135
Avg. Annual Appreciation
6.93%
Original Mortgage
$276,000
Outstanding Balance
$230,776
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$408,359

Purchase Details

Closed on
Jun 12, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 Master Title
-- None Available
$315,000 None Available
$244,900 Old Republic National Title
$206,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $294,000
Closed $296,000
Closed $30,000
Closed $276,000
Closed $211,500
Closed $120,000
Closed $228,000
Closed $195,920
Closed $165,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $345,000 -1.4% $241 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $349,900 -- $244 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,630 $478,020 -- $478,020
2024 $3,630 $478,020 -- $478,020
2023 $3,578 $478,020 $0 $478,020
2022 $3,146 $329,800 $0 $329,800
2021 $3,090 $329,800 $0 $329,800
2020 $3,030 $329,800 $0 $329,800
2019 $3,084 $329,800 $0 $329,800
2018 $2,847 $235,200 $90,000 $145,200
2017 $2,826 $235,200 $90,000 $145,200
2016 $2,822 $235,200 $90,000 $145,200
2015 $2,819 $235,200 $90,000 $145,200
2014 $2,817 $287,900 $100,000 $187,900
Source: Public Records

Agents Affiliated with this Home

  • Ann Payne

    Seller's Agent in 2017

    Ann Payne

    Team Thomas & Associates Realty Inc.

    (704) 574-2212

    3 Total Sales

    Ann Payne
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Map

Source: Canopy MLS

MLS Number: CAR3238392

Canopy MLS

APN: 001-189-03

North Carolina Mecklenburg County Davidson 28031

1202 Torrence Cir Unit 3, Davidson, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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