M
Seller's Agent in 2024
Michael Orlando
TSG Residential
(704) 293-3957
59 in this area
76 Total Sales
1218 Portofino Place Unit 28 Davidson, NC 28036
Estimated Value: $1,399,000 - $1,630,000
4
Beds
3.5
Baths
3,245
Sq Ft
$457/Sq Ft
Est. Value
Highlights
- Water Views
- New Construction
- Deck
- Davidson Elementary School Rated A-
- Open Floorplan
- Traditional Architecture
About This Home
As of September 2024One of the final opportunities to live in the Cove at Lake Davidson in a new home by CBA 2023 Builder of the year. Located perfectly along a natural cove, this custom home will feature dramatic water views from all three floors, open floor plan, gourmet kitchen and much more. The Cove at Davidson Bay is equidistant to the best of Davidson including historic main street shopping, dining, and Davidson College, as well as shops at exit 30, I-77 and Lake Norman. Neighborhood amenities include a large private waterfront common area accessible to the neighborhood with kayak/paddle board storage and easy launch as well as walking trails and ample parking. All landscaping maintenance is included in HOA dues. The Portofino elevator ready floor plan is the largest available plan in the Cove and our newest. This plan will be elevator ready, an elevator will be an additional cost. Model home is located at 1336 Portofino Place.
Last Agent to Sell the Property
TSG Residential Brokerage Email: mike@tsgresidential.com License #236972 Listed on: 09/22/2023
Co-Listed By
TSG Residential Brokerage Email: mike@tsgresidential.com License #280682
Home Details
Home Type
- Single Family
Year Built
- Built in 2023 | New Construction
Lot Details
- Lawn
- Property is zoned R#
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- On-Street Parking
Home Design
- Traditional Architecture
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Bar Fridge
- Mud Room
- Water Views
- Natural lighting in basement
- Pull Down Stairs to Attic
- Carbon Monoxide Detectors
Kitchen
- Gas Range
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
- Electric Dryer Hookup
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Schools
- Davidson K-8 Elementary And Middle School
- William Amos Hough High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00328554
Community Details
Overview
- Superior Management Association
- Built by Copper Builders
- Davidson Bay Subdivision, Portofino Elevator Ready Floorplan
- Mandatory home owners association
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Sep 9, 2024
Sold by
Copper Builders Llc
Bought by
Jane L Park Revocable Living Trust and Thomas J Park Revocable Living Trust
Seller's Agent
Michael Orlando
TSG Residential
Buyer's Agent
Scott Russo
The McDevitt Agency
List Price
$1,330,000
Sold Price
$1,485,119
Premium/Discount to List
$155,119
11.66%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$970
Avg. Annual Appreciation
-0.06%
Original Mortgage
$570,000
Outstanding Balance
$545,803
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$938,346
Purchase Details
Closed on
Oct 30, 2023
Sold by
Tsg-Davidson Bay Llc
Bought by
Copper Builders Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jane L Park Revocable Living Trust | $1,485,500 | Beacon Title | |
| Copper Builders Llc | $690,000 | Fortified Title | |
| Copper Builders Llc | $690,000 | Fortified Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jane L Park Revocable Living Trust | $570,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $1,485,119 | +12.5% | $458 / Sq Ft |
| 09/27/2023 09/27/23 | Price Changed | $1,320,000 | -0.8% | $407 / Sq Ft |
| 09/22/2023 09/22/23 | For Sale | $1,330,000 | -- | $410 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $1,059,500 | $294,000 | $765,500 |
| 2024 | -- | $294,000 | $294,000 | -- |
| 2023 | $2,173 | $294,000 | $294,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Orlando
-
Jessica Martin
Seller Co-Listing Agent in 2024
Jessica Martin
TSG Residential
(704) 840-9095
95 in this area
132 Total Sales
-
Scott Russo
Buyer's Agent in 2024
Scott Russo
The McDevitt Agency
(704) 421-0706
1 in this area
77 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4066077
APN: 003-285-54
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