NOT LISTED FOR SALE

1217 Torrence Cir Unit 18 Davidson, NC 28036

Estimated Value: $626,217 - $678,000

3 Beds
2 Baths
1,392 Sq Ft
$354/mo HOA Fee

Last Sold June 03, 2021

Last sale price $475,000 $341 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,073/month

37 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Marble Flooring
  • Davidson Elementary School Rated A-
  • Pond
  • Transitional Architecture

About This Home

As of June 2021

Welcome home!! Rare opportunity, Relax and enjoy this renovated beautiful waterfront 3 BR Penthouse with stunning views of Lake Norman. The interior includes an open layout with lots of natural light, picturesque views, a marble foyer, gleaming hardwood floors throughout, granite countertops and a huge breakfast bar. A large walk out covered deck from your living room and master suite! Newport features incredible amenities. Enjoy the lakeside pool, tennis courts, fitness trails and pier/fishing dock. Walking distance to desirable downtown Davidson where you can shop, dine, and enjoy the quaint town. This Penthouse is sure to impress.

Last Agent to Sell the Property

John Pedone

EXP Realty LLC Mooresville License #292358 Listed on: 04/08/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Carlin MacNichol

Helen Adams Realty License #317897

Helen Adams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Storage Room
  • Breakfast Bar

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Pond

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-189-18

Community Details

Overview

  • Newport HOA, Phone Number (828) 320-0594
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.90476
  • Ratio Current Price By Sq Ft: 341.24
  • Unit Floor Level: 3
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Entry Level: Third
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Range, Ice Maker Connection
  • Fireplace Description: Gas Logs, Gas Unvented, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • H O A Management Phone: 828-320-0594
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Pantry, Storage Unit, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1392
  • Total Sq Ft: 1392

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Pond, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 354.00
  • Association Fee Frequency: Monthly
  • Complex Name: Newport
  • HOA Management Company: Newport HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: End Unit, Lake Access, Water view, Waterfront, Year Round View
  • Parcel Number: 001-189-18
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 330800.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 3, 2021
Sold by
Dobler Lisa
Bought by
Nystrom Rachel and Nystrom Steven
Seller's Agent
John Pedone
EXP Realty LLC Mooresville
Buyer's Agent
Carlin MacNichol
Helen Adams Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$653,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,804
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Nov 1, 2018
Closed on
Feb 20, 2019
Sold by
Milano Louis F
Bought by
Dobler Lisa
Seller's Agent
Catherine Taylor
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Andrew Nagy
Nagy Properties
List Price
$499,000
Sold Price
$444,000
Premium/Discount to List
-$55,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 3, 2018
Sold by
Moccia Rick
Bought by
Milano Louis F and The Revocable Trust Of Louis F Milano
Seller's Agent
Catherine Taylor
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Catherine Taylor
Howard Hanna Allen Tate Lake Norman
List Price
$384,700
Sold Price
$375,000
Premium/Discount to List
-$9,700
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.20%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Lowe Eugene J and Lowe Sehnaz Ozulu
Bought by
Moccia Rick

Purchase Details

Closed on
Mar 11, 2005
Sold by
Lautenschlaeger David A
Bought by
Lowe Eugene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Kennerly Development Group Llc
Bought by
Jedd Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nystrom Rachel $475,000 Cardinal Title Center Llc
Dobler Lisa $444,000 Investors Title
Milano Louis F $375,000 Investors Title
Moccia Rick $280,000 None Available
Lowe Eugene J $225,000 --
Jedd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe Eugene J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2021 06/03/21 Sold $475,000 0.0% $341 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $475,000 -9.5% $341 / Sq Ft
04/08/2021 04/08/21 For Sale $525,000 +18.2% $377 / Sq Ft
02/25/2019 02/25/19 Sold $444,000 -5.5% $319 / Sq Ft View Prior Sale
01/15/2019 01/15/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $469,900 -5.8% $338 / Sq Ft
11/01/2018 11/01/18 For Sale $499,000 +33.1% $358 / Sq Ft
08/03/2018 08/03/18 Sold $375,000 -2.5% $269 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $384,700 -- $276 / 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 -- $465,516 -- $465,516
2024 -- $465,516 -- $465,516
2023 $3,155 $465,516 $0 $465,516
2022 $3,155 $330,800 $0 $330,800
2021 $3,100 $330,800 $0 $330,800
2020 $3,040 $330,800 $0 $330,800
2019 $3,094 $330,800 $0 $330,800
2018 $2,807 $231,800 $90,000 $141,800
2017 $2,786 $231,800 $90,000 $141,800
2016 -- $231,800 $90,000 $141,800
2015 $2,779 $231,800 $90,000 $141,800
2014 $2,777 $283,500 $100,000 $183,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Pedone

    EXP Realty LLC Mooresville

    Section Image

  • C

    Buyer's Agent in 2021

    Carlin MacNichol

    Helen Adams Realty

    (704) 650-9669

    1 in this area

    30 Total Sales

    Carlin MacNichol
    Section Image
  • Catherine Taylor

    Seller's Agent in 2019

    Catherine Taylor

    Allen Tate Realtors

    (704) 453-1596

    5 in this area

    49 Total Sales

    Catherine Taylor
    Section Image
  • Andrew Nagy

    Buyer's Agent in 2019

    Andrew Nagy

    Nagy Properties

    (704) 312-2207

    16 in this area

    124 Total Sales

    Andrew Nagy
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3725664

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-18

North Carolina Mecklenburg County Davidson 28031

1217 Torrence Cir Unit 18, Davidson, NC

This home is located at 1217 Torrence Cir Unit 18, Davidson, NC 28036 since 08 April 2021 and is currently estimated at $653,804, approximately $469 per square foot. This property was built in 1996. 1217 Torrence Cir Unit 18 is a home located in Mecklenburg County with nearby schools including Davidson Elementary School, William Amos Hough High School, and Davidson Day School.

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