$1,295,000
SOLD DEC 20, 2024

1332 Portofino Place Davidson, NC 28036

4 Beds
4.5 Baths
3,102 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

2 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Mud Room
  • Davidson Elementary School Rated A-
  • Deck
  • Lawn

About This Home

As of December 2024

Completed in 2023, this beautiful home features Lake Davidson views from all three floors and designer finishes. The main level features a dream kitchen w/ Thermador appliances, great room with large windows, covered porch and beautiful dining room. The dramatic primary suite offers lake view porch and luxurious bath. Two additional bedrooms, with ensuite bathrooms on this level plus laundry room. The lower level features a lakeside rec room with wet bar and access to covered patio. The 4th bedroom is on this level along with a full bath. The Cove at Davidson Bay is equidistant to the best of Davidson including historic Main Street, dining, and Davidson College, as well as a shops at exit 30, I-77 and Lake Norman. Neighborhood amenities include a large waterfront common area, kayak/paddle board storage and launch, walking trails and ample parking. All landscaping maintenance is included in HOA dues. The Cove at Davidson Bay offers an unparalleled lifestyle of leisure and elegance.

Last Agent to Sell the Property

Jessica Martin

TSG Residential Brokerage Email: jess@tsgresidential.com License #280682 Listed on: 11/08/2024

Last Buyer's Agent

Luke Kaesmeyer

Keller Williams South Park License #309581

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Fenced
  • Lawn
  • Property is zoned VI

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Access To Lake
  • Deck
  • Covered patio or porch

Schools

  • Davidson K-8 Elementary School
  • William Amos Hough High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 003-285-40

Community Details

Overview

  • Superior Management Association
  • Built by Copper Builders
  • Davidson Bay Subdivision, The Beaty Floorplan
  • Mandatory home owners association

Recreation

  • Trails

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 417.47
  • Geocode Confidence: High
  • Attribution Contact: jess@tsgresidential.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 957
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1461
  • Appliances: Bar Fridge, Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Refrigerator with Ice Maker, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2418
  • Has Basement: Exterior Entry, Finished, Full, Interior Entry, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 684
  • Living Area: 3102
  • Window Features: Window Treatments
  • Bedroom Main: 0
  • Room Count: 14
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Water Body Name: Lake Davidson
  • Waterfront Features: Paddlesport Launch Site - Community
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 472
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Keypad Entry, On Street

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Cooling: Central Air, Electric, Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Lake Access, Sidewalks, Walking Trails
  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Superior Management
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2760.00

Schools

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

Lot Info

  • Lot Features: Views
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 003-285-40
  • Zoning: VI
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VI

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Copper Builders

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 17, 2024
Sold by
Otte John M and Otte Alicia M
Bought by
Marshall Joshua and Marshall Alison
Seller's Agent
Jessica Martin
TSG Residential
Buyer's Agent
Luke Kaesmeyer
Keller Williams South Park
List Price
$1,295,000
Sold Price
$1,295,000
Views
8
Current Estimated Value
$1,359,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,486
Avg. Annual Appreciation
6.49%
Original Mortgage
$820,000
Outstanding Balance
$815,013
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$532,283

Purchase Details

Closed on
May 31, 2023
Sold by
Copper Builders Llc
Bought by
Otte John M and Otte Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,295,000 Integrated Title
Warranty Deed $1,205,000 Morehead Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $820,000 New Conventional
Previous Owner $964,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,295,000 0.0% $417 / Sq Ft
11/08/2024 11/08/24 For Sale $1,295,000 -- $417 / 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
2023 -- $294,000 $294,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4194722

Canopy MLS (Canopy Realtor® Association)

APN: 003-285-40