NOT LISTED FOR SALE

1234 Portofino Place Unit 32 Davidson, NC 28036

Estimated Value: $1,332,196 - $1,610,000

4 Beds
3.5 Baths
3,015 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $1,272,573 $422 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,040/month

Highlights

  • Water Views
  • New Construction
  • Vaulted Ceiling
  • Davidson Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of March 2024

Introducing the Cove at Davidson Bay - a collection of 18 water view single-family homes on quiet Lake Davidson. Located perfectly along a natural cove, this custom home by a prominent local builder 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 a 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.

Last Agent to Sell the Property

Michael Orlando

TSG Residential Brokerage Email: mike@tsgresidential.com License #236972 Listed on: 03/24/2023

Co-Listed By

Jessica Martin

TSG Residential Brokerage Email: mike@tsgresidential.com License #280682

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman License #246140

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 85x42
  • Property is zoned R#, R-3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Mud Room
  • Entrance Foyer
  • Water Views
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rear Porch

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00328550

Community Details

Overview

  • Built by Copper Builders
  • Davidson Bay Subdivision, Lux Floorplan
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

3,920 Sq Ft Lot

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2023
  • Restrictions: Architectural Review,Building
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: 0
  • Proposed Special Assessment Desc: 0
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 422.08
  • Geocode Confidence: High
  • Attribution Contact: mike@tsgresidential.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cable Prewire, Drop Zone, Entrance Foyer, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 950
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1349
  • Appliances: Dishwasher, Exhaust Hood, Gas Range, Gas Water Heater
  • Above Grade Finished Sq Ft: 2299
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 716
  • Living Area: 3015
  • Bedroom Main: 0
  • Bedroom Basement: 1

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Waterfront Features: Paddlesport Launch Site, Paddlesport Launch Site - Community
  • Construction Type: Fiber Cement
  • Other Structures: None
  • Patio And Porch Features: Balcony, Deck, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Picnic Area, Recreation Area, Walking Trails
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: TBD
  • ResoAssociationFeeFrequency: Annually
  • Association Email: TBD

Association/Amenities

  • Association Annual Expense: 1200.00

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 00328550
  • Zoning: R-3
  • Development Status: Proposed
  • Lot Size: 85x42
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R#

Building Info

  • Builder Name: Copper Builders

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Mar 25, 2024
Sold by
Copper Builders Llc
Bought by
Benz Paul E and Benz Donna
Seller's Agent
Michael Orlando
TSG Residential
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$1,215,000
Sold Price
$1,272,573
Premium/Discount to List
$57,573
4.74%
Views
7
Current Estimated Value
$1,441,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,726
Avg. Annual Appreciation
6.52%
Original Mortgage
$800,000
Outstanding Balance
$784,749
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$656,550

Purchase Details

Closed on
Apr 7, 2023
Sold by
Tsg-Davidson Bay Llc
Bought by
Copper Builders Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benz Paul E $1,273,000 Fortified Title
Copper Builders Llc $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benz Paul E $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $1,272,573 +4.7% $422 / Sq Ft
03/24/2023 03/24/23 For Sale $1,215,000 -- $403 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $1,121,800 $294,000 $827,800
2024 -- $731,900 $294,000 $437,900
2023 $2,173 $294,000 $294,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Orlando

    Seller's Agent in 2024

    Michael Orlando

    TSG Residential

    (704) 293-3957

    56 in this area

    72 Total Sales

    Michael Orlando
    Section Image
  • Jessica Martin

    Seller Co-Listing Agent in 2024

    Jessica Martin

    TSG Residential

    (704) 840-9095

    90 in this area

    123 Total Sales

    Jessica Martin
    Section Image
  • Mary Lib Richards

    Buyer's Agent in 2024

    Mary Lib Richards

    Keller Williams Lake Norman

    (704) 609-4674

    125 in this area

    205 Total Sales

    Mary Lib Richards
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4014068

Canopy MLS (Canopy Realtor® Association)

APN: 003-285-50

North Carolina Mecklenburg County Davidson 28036

1234 Portofino Place Unit 32, Davidson, NC

Not Listed for Sale

Detached

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 (Canopy Realtor® Association) 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

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