NOT LISTED FOR SALE

1233 Torrence Cir Davidson, NC 28036

Estimated Value: $610,000 - $678,000

3 Beds
2 Baths
1,401 Sq Ft
$386/mo HOA Fee

Last Sold October 25, 2024

Last sale price $605,000 $432 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,009/month

1 Day on Market

Highlights

  • Water Views
  • Covered Dock
  • Forced Air Heating System
  • Davidson Elementary School Rated A-
  • Laundry Room

About This Home

As of October 2024

Prepared to be impressed by this coveted Davidson Landing waterfront penthouse. Lakefront living at it finest with three bedrooms, two full bathrooms, and an open dining and living area. Enjoy the unobstructed water views from the serenity of your covered porch, assessable from the living room and primary suite. Freshly painted, new lvp flooring recently installed and plantation shutters throughout. Community boasts a private waterside pool (available only to Newport residents), covered pier, walking trails, tennis courts and leased boat slips. Close to all downtown Davidson has to offer including upscale dining and entertainment. Conveniently located off of I-77. Washer and Dryer, Refrigerator to convey. Fireplace sold "as-is".

Last Agent to Sell the Property

Amanda Ward

COMPASS Brokerage Email: amanda.ward@compass.com License #272502 Listed on: 09/03/2024

COMPASS

Last Buyer's Agent

Debi Mooney

Keller Williams Lake Norman License #317078

Keller Williams Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • 3.21

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Hardboard
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Dock

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Newport Condos
  • Davidson Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001-189-27

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 431.83
  • Geocode Confidence: High
  • Attribution Contact: amanda.ward@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1401
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 1401
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Living Area: 1401
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Covered structure, Boat Slip – Community, Paddlesport Launch Site - Community
  • Construction Type: Hard Stucco, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Forced Air
  • Sewer: N/A
  • Laundry Features: In Hall
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 386
  • Association Fee Frequency: Monthly
  • Complex Name: Newport
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4632.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 001-189-27
  • Land Included Yn: 0
  • Zoning Specification: LPA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 24, 2024
Sold by
Allen Nicholas and Allen Tracy
Bought by
Green Lana Barbra
Seller's Agent
Amanda Ward
COMPASS
Buyer's Agent
Debi Mooney
Keller Williams Lake Norman
List Price
$635,000
Sold Price
$605,000
Premium/Discount to List
-$30,000
-4.72%
Views
8
Current Estimated Value
$634,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,656
Avg. Annual Appreciation
4.14%
Original Mortgage
$453,750
Outstanding Balance
$448,843
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$185,813

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 25, 2020
Sold by
Dzotsi Wisdom Bensah
Bought by
Allen Nicholas and Allen Tracy
Seller's Agent
Sherry Hickman
Ivester Jackson Christie's
Buyer's Agent
Sasha Serna
Carolina Homes Connection, LLC
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$346,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 26, 2020
Sold by
Crowe Jeffrey A and Crowe Amber D
Bought by
Dzotsi Wisdom Bensah
Seller's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Buyer's Agent
Sherry Hickman
Ivester Jackson Christie's
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.97%
Original Mortgage
$297,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2018
Closed on
Nov 5, 2018
Sold by
Genzman Nanette M
Bought by
Crowe Jeffrey A and Crowe Amber D
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$248,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Jewell Susan J
Bought by
Ganzman Nanette M and Nanette M Genzman Revocable Trust

Purchase Details

Closed on
Apr 10, 2012
Sold by
Kk & Sj Llc
Bought by
Jewell Susan and Susan Jewell Revocable Trust

Purchase Details

Closed on
Jan 17, 2011
Sold by
Mccarthy Thomas F and Mccarthy Ann E
Bought by
Kk & Sj Llc
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

Date Buyer Sale Price Title Company
Green Lana Barbra $605,000 Link Title Group Llc
Allen Nicholas $385,000 Master Title Agency Llc
Dzotsi Wisdom Bensah $330,000 None Available
Crowe Jeffrey A $310,000 None Available
Ganzman Nanette M $280,000 None Available
Jewell Susan -- None Available
Kk & Sj Llc $284,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Lana Barbra $453,750
Previous Owner Allen Nicholas $346,500
Previous Owner Dzotsi Wisdom Bensah $297,000
Previous Owner Crowe Jeffrey A $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $605,000 -4.7% $432 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $635,000 +64.9% $453 / Sq Ft
11/25/2020 11/25/20 Sold $385,000 0.0% $275 / Sq Ft View Prior Sale
10/28/2020 10/28/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $385,000 +16.7% $275 / Sq Ft
05/29/2020 05/29/20 Sold $330,000 -2.9% $235 / Sq Ft View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $339,900 +9.6% $242 / Sq Ft
11/05/2018 11/05/18 Sold $310,000 -4.6% $221 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $324,900 -1.2% $232 / Sq Ft
04/02/2018 04/02/18 For Sale $329,000 -- $235 / 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 $3,572 $470,169 -- $470,169
2024 $3,572 $470,169 -- $470,169
2023 $3,520 $470,169 $0 $470,169
2022 $3,126 $327,700 $0 $327,700
2021 $3,071 $327,700 $0 $327,700
2020 $3,011 $327,700 $0 $327,700
2019 $3,065 $327,700 $0 $327,700
2018 $2,837 $234,400 $90,000 $144,400
2017 $2,816 $234,400 $90,000 $144,400
2016 $2,813 $234,400 $90,000 $144,400
2015 $2,809 $234,400 $90,000 $144,400
2014 $2,807 $286,700 $100,000 $186,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4179801

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-27