NOT LISTED FOR SALE

1332 Torrence Cir Unit 1332 Davidson, NC 28036

Estimated Value: $456,704 - $564,000

2 Beds
2 Baths
1,080 Sq Ft
$238/mo HOA Fee

Last Sold April 27, 2018

Last sale price $258,000 $239 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,297/month

59 Days on Market

Highlights

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

About This Home

As of April 2018

Enjoy the excellent view from this Davidson Landing condo. Located in the Emerald Bay complex this condo provides 2 bedrooms and 2 full bathrooms. Updates include granite counter-tops, tile backslash, stainless appliances, crown molding, and wood floors through out. Enjoy the sunset from the large back porch with access from both the great room area and the master bedroom. Community amenities include leased boatslips, pool, tennis, and walking/fitness trails.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 01/25/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Connie Burrow

Puma & Associates Realty, Inc. License #281425

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • Waterfront

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 001-189-56

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

$238 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.97358
  • Ratio Close Price By Original Li: 0.97358
  • Ratio Current Price By Sq Ft: 238.89
  • Special Assessment Description: $1,500 reserve allocation
  • Special Assessment Yn: Yes
  • Unit Floor Level: 2
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-896-7224
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1080
  • Total Sq Ft: 1080

Exterior Features

  • Construction: Fiber Cement, Hard Stucco
  • 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: 238.00
  • 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: Waterfront, Water view
  • Parcel Number: 001-189-56
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 196500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Ohalloran Joy R and Ohalloran William M
Bought by
Phillips Chris Ann
Current Estimated Value
$523,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,446
Outstanding Balance
$543,541
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$29,081

Purchase Details

Listed on
Jan 25, 2018
Closed on
Apr 25, 2018
Sold by
Pearce Traci Anne
Bought by
Ohallotan William M and Ohallotan Joy R
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Connie Burrow
Puma & Associates Realty, Inc.
List Price
$265,000
Sold Price
$258,000
Premium/Discount to List
-$7,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$284,800
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Hefner Kevin Wayne
Bought by
Prace Traci Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,255
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hefner Kevin Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2013
Sold by
Threatt Myrna Arlene
Bought by
Federal Home Loan Mortgage Corporation
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
Phillips Chris Ann $530,000 Investors Title
Phillips Chris Ann $530,000 Investors Title
Ohallotan William M $258,000 None Available
Prace Traci Anne $241,500 None Available
Hefner Kevin Wayne -- None Available
Federal Home Loan Mortgage Corporation $166,842 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Chris Ann $545,446
Closed Phillips Chris Ann $545,446
Previous Owner Ohallotan William M $284,800
Previous Owner Prace Traci Anne $234,255
Previous Owner Hefner Kevin Wayne $153,000
Previous Owner Threatt Myrna Arlene $155,000
Previous Owner Threatt M Arlene $25,000
Previous Owner Threatt M Arlene $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $258,000 -2.6% $239 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $265,000 -- $245 / 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 $2,464 $322,336 -- $322,336
2023 $2,427 $322,336 $0 $322,336
2022 $2,464 $257,400 $0 $257,400
2021 $2,434 $257,400 $0 $257,400
2020 $2,374 $257,400 $0 $257,400
2019 $2,393 $257,400 $0 $257,400
2018 $2,393 $196,500 $70,000 $126,500
2017 $2,375 $196,500 $70,000 $126,500
2016 $2,371 $196,500 $70,000 $126,500
2015 -- $196,500 $70,000 $126,500
2014 $2,366 $201,500 $100,000 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3354392

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-56