NOT LISTED FOR SALE

1311 Torrence Cir Unit 12 Davidson, NC 28036

Estimated Value: $526,000 - $639,000

3 Beds
2 Baths
1,330 Sq Ft
$357/mo HOA Fee

Last Sold February 14, 2022

Last sale price $421,600 $317 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,862/month

2 Days on Market

About This Home

As of February 2022

Beautiful penthouse condo is resort living at its best w/Easy access to HWY 77, 1/2 mile walk to grocery store and shops, restaurants/bars. 1.4 miles on the safe new Bike/Pedestrian lane to Davidson College & the charming downtown with the best eateries & shops. The 3 floor (no elevators) gives you the best LKN views, high/vaulted ceilings and no one above you. HVAC is under 4 years old. Kitchen renovation last year. One of a kind! Great sunset views. Great neighborhood, very quiet yet plenty to do. Walk to the new Pickle ball or tennis courts, rent or purchase a boat slip on site, take a dip or relax at the beautiful pool (Never crowded), launch/store your SUP/kayak, take a stroll along the trail or boardwalk all just steps from home. Plenty of family/guest parking. Assigned spots for owners. *Owner/seller is NC/SC Broker & Agent

Last Agent to Sell the Property

Coleen Wright

Keller Williams Unified License #219828 Listed on: 01/13/2022

Keller Williams Unified

Last Buyer's Agent

Faye Bowling

NorthGroup Real Estate LLC License #265493

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,463

Year Built

  • 1996

Lot Details

  • 3

HOA Fees

  • $357 per month

Additional Features

  • Balcony
  • Gas Water Heater

Community Details

  • Davidson Landing Condos
  • Mandatory Home Owners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,463

Year Built

1996

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Lot Size: 0
  • New Construction: No
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • Subdivision Name: Emerald Bay
  • Water Body Name: Lake Norman
  • Doors and Windows: Screen Door(s)
  • Special Assessment Yn: 0
  • Unit Floor Level: 3
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), CO Detector, Electric Cooktop, Dishwasher, Disposal, Electric Oven, Electric Range, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Oven, Refrigerator, Self Cleaning Oven, Wine Refrigerator
  • Fireplace Features: Gas Log, Great Room, Gas
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Other, Built Ins, Cable Available, Cathedral Ceiling(s), Open Floorplan, Pantry, Split Bedroom, Storage Unit, Vaulted Ceiling, Walk-In Closet(s), Window Treatments, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bedrooms: 3
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 100
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1330
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 25
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 25
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Balcony,Covered
  • Fixture Exception Description: dining area ball fixture/light

Exterior Features

  • Exterior Features: Gas Grill, In-Ground Irrigation, Lawn Maintenance, Outdoor Shower, In Ground Pool, Tennis Court(s), Underground Power Lines, Other
  • Foundation Details: Slab, Slab
  • Construction Type: Hardboard Siding
  • Lot Features: End Unit, Lake On Property, Lake Access, Waterfront, Year Round View
  • Waterfront Features: Beach - Public, Boat Slip (Lease/License), Covered structure, Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
  • Construction Status: Complete
  • Tax Location: Davidson
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Assigned, Keypad Entry, Parking Lot
  • Main Level Garage YN: 0
  • Sq Ft Garage: 0

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Laundry Features: Main Level, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 357
  • Association Fee Frequency: Monthly
  • Association Name: GPM Group
  • Phone: 704-896-7224
  • Community Features: Lake, Outdoor Pool, Picnic Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails, Other
  • Pets Allowed: Yes
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Davidson Landing

Schools

  • Elementary School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: contact@gpmgroupinc.com

Lot Info

  • Zoning Description: LPA
  • Land Included Yn: 0

Tax Info

  • RATIO List Price By Tax Amount: 1.44350

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 1, 2022
Sold by
Wright Coleen L and Wright William A
Bought by
Scarborough John and Scarborough Jacqueline Compton
Seller's Agent
Coleen Wright
Keller Williams Unified
Buyer's Agent
Faye Bowling
NorthGroup Real Estate LLC
List Price
$407,500
Sold Price
$421,600
Premium/Discount to List
$14,100
3.46%
Current Estimated Value
$590,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,479
Avg. Annual Appreciation
9.99%
Original Mortgage
$316,200
Outstanding Balance
$294,209
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$295,870

Purchase Details

Listed on
Jan 20, 2020
Closed on
Apr 16, 2020
Sold by
Creighton Lindsey and Creighton William
Bought by
Wright Coleen L and Wright William A
Seller's Agent
Drew Maher
DM Properties & Associates
Buyer's Agent
Coleen Wright
Keller Williams Unified
List Price
$315,000
Sold Price
$289,000
Premium/Discount to List
-$26,000
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%
Original Mortgage
$231,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2015
Sold by
Marsh Jacklan and Marsh Bradley
Bought by
Gardner Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
West John F
Bought by
Fitzwater Jacklan Maree

Purchase Details

Closed on
Apr 20, 2010
Sold by
Grupinski Raymond S and Grupinski Lydia A
Bought by
West John

Purchase Details

Closed on
Jun 18, 2007
Sold by
Nelson Cynthia Ann Ott and Parker John W
Bought by
Grupinski Raymond S and Grupinski Lydia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Meriwether Edward D and Meriwether Beth C
Bought by
Nelson Cynthia Ann Ott and Nelson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,898
Interest Rate
5.49%
Mortgage Type
Credit Line Revolving
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
Scarborough John $422,000 Lutzel Broadway & Associates P
Wright Coleen L $289,000 Southern Homes Title Inc
Gardner Lindsey $232,000 None Available
Fitzwater Jacklan Maree $149,000 None Available
West John $300,000 None Available
Grupinski Raymond S $315,000 Old Republic National Title
Nelson Cynthia Ann Ott $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough John $316,200
Previous Owner Wright Coleen L $231,200
Previous Owner Gardner Lindsey $208,800
Previous Owner Grupinski Raymond S $215,000
Previous Owner Nelson Cynthia Ann Ott $55,000
Previous Owner Nelson Cynthia Ann Ott $29,898
Previous Owner Meriwether Edward D $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $421,600 +3.5% $317 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $407,500 +41.0% $306 / Sq Ft
04/16/2020 04/16/20 Sold $289,000 -5.2% $217 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $305,000 -1.5% $229 / Sq Ft
02/11/2020 02/11/20 Price Changed $309,500 -1.7% $233 / Sq Ft
01/20/2020 01/20/20 For Sale $315,000 -- $237 / 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
2024 $3,463 $455,639 -- $455,639
2023 $3,412 $455,639 $0 $455,639
2022 $2,698 $282,300 $0 $282,300
2021 $2,660 $282,300 $0 $282,300
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 $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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3820244

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-45