NOT LISTED FOR SALE

1307 Torrence Cir Davidson, NC 28036

Estimated Value: $529,172 - $625,000

3 Beds
2 Baths
1,330 Sq Ft
$369/mo HOA Fee

Last Sold September 30, 2019

Last sale price $297,000 $223 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,586/month

17 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • Davidson Elementary School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of September 2019

Beautiful waterfront Condo in the desirable Davidson Landing! Completely renovated kitchen with granite countertops, updated bathrooms, hardwood floors, Top of the line stainless appliances, Freshly painted, new AC unit installed in 2018. Master bedroom has stunning lake views and direct access to the large porch with an excellent view of Lake Norman and the community pool area! Amenities include the lake, pool, day dock, tennis, walking/fitness trails, leased boat slips...

Last Agent to Sell the Property

Yassine Dahbi

Keller Williams Ballantyne Area License #294067 Listed on: 08/05/2019

Keller Williams Ballantyne Area

Last Buyer's Agent

Debbie Monroe

Lake Norman Realty, Inc. License #106258

Lake Norman Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • 3.64

HOA Fees

  • $369 Monthly HOA Fees

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Additional Features

  • Waterfront
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-189-41

Community Details

Overview

  • Gpm Group Association, Phone Number (704) 896-7224
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99000
  • Ratio Close Price By Original Li: 0.99000
  • Ratio Current Price By Sq Ft: 223.31
  • Special Assessment Description: There is a reserve added to the regular $272 HOA fee
  • Unit Floor Level: 2
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Fridge, Washer and Dryer
  • Fixture Exception Yn: Yes
  • Flooring: Wood
  • H O A Management Phone: 704-896-7224
  • Interior Amenities: Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 28
  • Main Level Sq Ft: 1330
  • Total Sq Ft: 1330

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Playground, Outdoor Pool, Tennis Court(s), Walking Trails, Sidewalk, Street Lights
  • Association Fee: 369.00
  • Association Fee Frequency: Monthly
  • Complex Name: Emerald Bay
  • HOA Management Company: GPM Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Davidson
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Lake Access, Lake, Water view, Waterfront
  • Parcel Number: 001-189-41
  • Plat Reference Section Pages: 678
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 207000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Laurer Mark
Bought by
Mark Keven Laurer 2019 Revocable Trust and Laurer
Current Estimated Value
$565,043

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 30, 2019
Sold by
Hubert Ana Maria and Agafitel Ciprian Mihai
Bought by
Laurer Mark
Seller's Agent
Yassine Dahbi
Keller Williams Ballantyne Area
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
List Price
$300,000
Sold Price
$297,000
Premium/Discount to List
-$3,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$197,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Redemtion Satellite Network Of Churches
Bought by
Hubert Ana Maria and Agafitel Ciprian Mihai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2015
Sold by
Lamonica Patricia C
Bought by
Redemption Salettite Network Of Churches

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Manning Margaret C and Baker Brenda
Bought by
Lamonica Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mark Keven Laurer 2019 Revocable Trust -- None Listed On Document
Mark Keven Laurer 2019 Revocable Trust -- None Listed On Document
Laurer Mark $297,000 Master Title
Hubert Ana Maria $235,000 None Available
Redemption Salettite Network Of Churches $240,000 None Available
Lamonica Patricia C $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laurer Mark $197,000
Previous Owner Hubert Ana Maria $199,750
Previous Owner Redemption Salettite Network Of Churches $220,000
Previous Owner Lamonica Patricia C $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $297,000 -1.0% $223 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $300,000 -- $226 / 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 $2,763 $362,267 -- $362,267
2024 $2,763 $362,267 -- $362,267
2023 $2,722 $362,267 $0 $362,267
2022 $2,653 $277,500 $0 $277,500
2021 $2,616 $277,500 $0 $277,500
2020 $2,556 $277,500 $0 $277,500
2019 $2,516 $277,500 $0 $277,500
2018 $2,516 $207,000 $70,000 $137,000
2017 $84 $207,000 $70,000 $137,000
2016 $81 $207,000 $70,000 $137,000
2015 $2,490 $207,000 $70,000 $137,000
2014 $2,488 $275,500 $100,000 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3536518

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-41