NOT LISTED FOR SALE

1327 Torrence Cir Unit 18 Davidson, NC 28036

Estimated Value: $503,071 - $552,000

2 Beds
2 Baths
1,174 Sq Ft
$450/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $280,000 $239 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,323/month

16 Days on Market

Highlights

  • Assigned Boat Slip
  • In Ground Pool
  • Rear Porch
  • Davidson Elementary School Rated A-
  • Waterfront
  • Breakfast Bar

About This Home

As of July 2020

Gorgeous Waterfront View...No marina...Just beautiful lake view! It is very difficult to find property on Lake Norman with a Great view! But, this unit has it all, great layout, great location, location, location! This third level unit has the most beautiful sunsets you will see on Lake Norman! Easy access to I-77, lots of restaurants and shops near by. Community pool over looks Lake Norman, the sunsets and lake views are gorgeous from the back patio of this unit, Amenities include the lake, pool, tennis courts, walking/fitness trails, leased kayak racks, boat slips and garages...You can have your morning coffee on your back patio and be grateful that this is your home! You will be just a few steps away from jumping on your paddle board and taking a leisure cruise on your lake and it's in your back yard! Unit priced to sell, unit is tenant occupied and helpful in confirming showings. If you have wanted to live on the BEST lake in the Charlotte area, then you have found it!

Last Agent to Sell the Property

Jason Weaver

Carolina Vue Real Estate Group Brokerage Email: jason@carolinavue.com License #234056 Listed on: 05/01/2020

Co-Listed By

Christina Hansen

Carolina Vue Real Estate Group Brokerage Email: jason@carolinavue.com License #219843

Last Buyer's Agent

Julie Tache

Homes With Cachet LLC License #210325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1996

Lot Details

  • Waterfront

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Property Attached
  • Entry on the 3rd floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Assigned Boat Slip
  • Rear Porch

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Gpm Group Inc Association, Phone Number (704) 896-7224
  • Emerald Bay Condos
  • Davidson Landing Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-189-51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,706

Year Built

Built in 1996

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: No
  • Proposed Special Assessment Desc: No
  • Road Surface Type: None
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 238.50
  • Attribution Contact: jason@carolinavue.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Pantry, Split Bedroom, Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1174
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 16
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 16
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Water Heater, Oven, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1174
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Third
  • Fireplace Features: Living Room
  • Living Area: 1174
  • Bedroom Main: 2
  • Room Count: 6
  • Sq Ft Other: 120

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Lake
  • Construction Type: Wood
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 306
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Emerald Bay
  • Association Name: GPM Group inc
  • Phone: 704-896-7224
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: contact@gpmgroupinc.com

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-189-51
  • Land Included Yn: 0
  • Development Status: Completed
  • Lot Size: .001
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LPA

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 1, 2020
Sold by
Tlalka Jacek
Bought by
Bailey Todd Dawson and Bailey Susan Todd
Seller's Agent
Jason Weaver
Carolina Vue Real Estate Group
Buyer's Agent
Julie Tache
Homes With Cachet LLC
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$528,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,018
Avg. Annual Appreciation
12.69%
Original Mortgage
$140,000
Outstanding Balance
$124,143
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$403,875

Purchase Details

Closed on
Jun 22, 2004
Sold by
Dwiggins Dean Clinard and Tabak Dwiggins Nancy A
Bought by
Tlalka Jacek and Anthony Marlene
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
Bailey Todd Dawson $280,000 Integrated Title Svcs Llc
Tlalka Jacek $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Todd Dawson $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $280,000 -3.4% $239 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $290,000 0.0% $247 / Sq Ft
11/10/2016 11/10/16 Rented $1,200 -4.0% --
11/10/2016 11/10/16 Under Contract -- -- --
10/05/2016 10/05/16 For Rent $1,250 -- --
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 $2,706 $354,638 -- $354,638
2024 $2,706 $354,638 -- $354,638
2023 $2,666 $354,638 $0 $354,638
2022 $2,487 $259,800 $0 $259,800
2021 $2,456 $259,800 $0 $259,800
2020 $2,396 $259,800 $0 $259,800
2019 $2,450 $259,800 $0 $259,800
2018 $2,408 $197,800 $70,000 $127,800
2017 $2,390 $197,800 $70,000 $127,800
2016 $2,386 $197,800 $70,000 $127,800
2015 $2,383 $197,800 $70,000 $127,800
2014 $2,381 $205,100 $100,000 $105,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3617215

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-51