$528,000 - $625,000
RENTED FEB 26, 2025

1301 Torrence Cir Unit 2 Davidson, NC 28036

3 Beds
2 Baths
1,485 Sq Ft
3.64 Acres

Highlights

  • Waterfront
  • Open Floorplan
  • Lawn
  • Davidson Elementary School Rated A-
  • Deck
  • Tennis Courts

About This Home

As of February 2025

Spacious SECOND floor WATERFRONT condo in the Emerald Bay complex at Davidson Landing! This unit has an open floor plan that features a Great Room with Fireplace, Kitchen with granite, stainless appliances and a Breakfast nook, Dining area, Laundry Room, and 2 additional Bedrooms that share a 2nd Full Bathroom. The Primary Bedroom Suite is located lakeside and has two walk-in closets, dual sink vanity, separate shower and access to the Covered Deck! Enjoy views of the pool and lake while watching the sunset from the Covered Deck! Emerald Bay amenities include a pool, tennis court, walking trails, and it is a short drive to Downtown Davidson, Davidson College, I-77 and restaurants and shopping. WATER, SEWER AND GARBAGE ARE INCLUDED and the tenant is responsible for all other utilities. No Smoking, No Cats are allowed and 1 Dog under 25-lbs at adult weight is conditional with non-refundable pet fee. This property can be available one week from an approved application.

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com Listed on: 08/08/2024

Lake Norman Realty Inc

Co-Listed By

Michael Spicola

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com License #304939

Last Renter's Agent

Erica Hardison

EXP Realty LLC Mooresville License #349724

EXP Realty LLC Mooresville

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Lawn

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Water Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Garage Space
  • 1 Open Parking Space

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 2/14/25
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Emerald Bay Condos
  • Davidson Landing Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • Pet Deposit $300

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,073

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2025-02-14
  • Pet Deposit: 300
  • Security Deposit: 2000
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.35
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: rentals@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Entry Level: 2
  • Fireplace: Yes
  • Interior Amenities: Entrance Foyer, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1485
  • 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: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1485
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Wood Burning
  • Living Area: 1485
  • Bedroom Main: 3
  • Room Count: 10
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0
  • Move In Fee: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: None
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Tennis Court(s)
  • Complex Name: Emerald Bay
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2004
Sold by
Knight Kendrick W
Bought by
Thakkar Paresh K and Thakkar Bharati P
Current Estimated Value
$587,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Knight Pamela B
Bought by
Knight Kendrick W

Purchase Details

Closed on
May 23, 2000
Sold by
Jedd Llc
Bought by
Knight Kendrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,980
Interest Rate
8.14%
Mortgage Type
Seller Take Back

Purchase Details

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thakkar Paresh K $180,000 --
Knight Kendrick W -- --
Knight Kendrick W $150,000 --
Jedd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thakkar Paresh K $144,000
Previous Owner Knight Kendrick W $29,980
Closed Thakkar Paresh K $4,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Rented $2,000 0.0% --
02/05/2025 02/05/25 Price Changed $2,000 -7.0% $1 / Sq Ft
09/10/2024 09/10/24 Price Changed $2,150 -4.4% $1 / Sq Ft
08/08/2024 08/08/24 For Rent $2,250 +28.6% --
03/28/2022 03/28/22 Rented $1,750 0.0% --
03/18/2022 03/18/22 Price Changed $1,750 -5.4% $1 / Sq Ft
02/25/2022 02/25/22 For Rent $1,850 +37.0% --
07/15/2019 07/15/19 Rented $1,350 0.0% --
06/11/2019 06/11/19 For Rent $1,350 +8.0% --
08/29/2014 08/29/14 Rented $1,250 0.0% --
08/25/2014 08/25/14 Under Contract -- -- --
08/05/2014 08/05/14 For Rent $1,250 +4.2% --
01/26/2012 01/26/12 Rented $1,200 0.0% --
12/27/2011 12/27/11 Under Contract -- -- --
12/15/2011 12/15/11 For Rent $1,200 -- --
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 $3,073 $403,664 -- $403,664
2024 $3,073 $403,664 -- $403,664
2023 $3,028 $403,664 $0 $403,664
2022 $2,837 $297,000 $0 $297,000
2021 $2,793 $297,000 $0 $297,000
2020 $2,733 $297,000 $0 $297,000
2019 $2,787 $297,000 $0 $297,000
2018 $2,635 $217,100 $70,000 $147,100
2017 $2,615 $217,100 $70,000 $147,100
2016 $2,611 $217,100 $70,000 $147,100
2015 $2,608 $217,100 $70,000 $147,100
2014 $2,606 $288,600 $100,000 $188,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4170602

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-35