NOT LISTED FOR SALE

1308 Torrence Cir Unit 9 Davidson, NC 28036

Estimated Value: $525,000 - $599,000

3 Beds
2 Baths
1,244 Sq Ft
$259/mo HOA Fee

Last Sold October 15, 2018

Last sale price $281,500 $226 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,489/month

40 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Community Pool
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of October 2018

Penthouse waterfront condo with lots of updates in Davidson Landing. The penthouse location provides an excellent view of Lake Norman and the Emerald Bay pool/grounds. This unit has wood & tile floors through-out, granite countertops, and stainless appliances. The third floor location provides high/vaulted ceilings in the great room & master bedroom. These higher ceilings provides the condo with a very open spacious feeling. The master has an extra large bathroom with updated tile floor and shower. Access the waterfront porch from both the great room & master bedroom. HVAC was replaced in 2015.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 07/06/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Danielle Scurry

Coldwell Banker Realty License #239440

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • 3.64

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Gas Log Fireplace
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-189-42

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.98772
  • Ratio Close Price By Original Li: 0.98772
  • Ratio Current Price By Sq Ft: 226.29
  • Special Assessment Description: $1500 reserve allocation
  • Special Assessment Yn: Yes
  • Unit Floor Level: 3
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-896-7224
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1244
  • Total Sq Ft: 1244

Exterior Features

  • Construction: Fiber Cement, Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 259.00
  • Association Fee Frequency: Monthly
  • Complex Name: Emerald Bay
  • HOA Management Company: GPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Lake Access, Water view, Waterfront, Year Round View
  • Parcel Number: 001-189-42
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 207000.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 12, 2018
Sold by
Snyder Justin Z
Bought by
Delajara Jorge J and Delajara Jennifer R
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Danielle Scurry
Coldwell Banker Realty
List Price
$285,000
Sold Price
$281,500
Premium/Discount to List
-$3,500
-1.23%
Current Estimated Value
$565,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,635
Avg. Annual Appreciation
10.44%
Original Mortgage
$225,200
Outstanding Balance
$139,871
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$425,264

Purchase Details

Closed on
Jun 19, 2013
Sold by
Crosier Robert A and Crosier Cynthia Thurmond
Bought by
Snyder Justin Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Crosier Robert A and Crosier Cynthia Thurmond
Bought by
Crosier Robert A and Crosier Cynthia Thurmond

Purchase Details

Closed on
Jun 11, 2003
Sold by
Pejsa Laura C and Pejsa Brad A
Bought by
Crosier Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2000
Sold by
Jedd Llc
Bought by
Joy Laura Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

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
Delajara Jorge J $281,500 None Available
Snyder Justin Z $232,500 None Available
Crosier Robert A -- None Available
Crosier Robert A $154,000 --
Joy Laura Christine $125,000 --
Jedd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delajara Jorge J $225,200
Previous Owner Snyder Justin Z $220,800
Previous Owner Crosier Robert A $123,200
Previous Owner Joy Laura Christine $100,000
Closed Crosier Robert A $23,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $281,500 -1.2% $226 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $285,000 -- $229 / 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 $2,898 $380,223 -- $380,223
2024 $2,898 $380,223 -- $380,223
2023 $2,855 $380,223 $0 $380,223
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 $2,610 $277,500 $0 $277,500
2018 $2,516 $207,000 $70,000 $137,000
2017 $2,497 $207,000 $70,000 $137,000
2016 $2,494 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3410486

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-42