$482,558 - $533,000
RENTED DEC 30, 2024

1334 Torrence Cir Unit 25 Davidson, NC 28036

2 Beds
2 Baths
1,155 Sq Ft
3.64 Acres

Last Sold July 06, 2023

Last sale price $430,000 $372 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,933/month

Highlights

  • Waterfront
  • Lawn
  • Covered Patio or Porch
  • Davidson Elementary School Rated A-
  • Tennis Courts
  • Walk-In Closet

About This Home

As of December 2024

FIRST FLOOR WATERFRONT condo in the Emerald Bay complex at Davidson Landing! Open floor plan has tile floor throughout, Great Room with a gas log fireplace with mounted TV, Dining area, & Kitchen with stainless appliances and granite. 2nd Bedroom and Full Bathroom located just off the entry Foyer, along with the Laundry with Washer/Dryer. Primary Bedroom is just off the main living area and has walk-in closet with custom shelving, dual sink vanity, and tiled shower. Enjoy sunset views on Lake Norman from the Covered Patio, and this condo is a few short steps to the community pool and the lake! Emerald Bay amenities also include tennis court, walking trails, and kayak storage if available for a fee. It's also a short drive to Downtown Davidson restaurants and shopping. WATER, SEWER & GARBAGE ARE INCLUDED and Tenant is responsible for all other utilities. No Smoking and 2 Pets each under 40-lbs at adult weight are conditional a pet fee. Available one week from an approved application!

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com Listed on: 09/05/2024

Lake Norman Realty Inc

Co-Listed By

Michael Spicola

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com License #304939

Last Renter's Agent

Kelly Shampine

Lake Norman Realty, Inc. License #339424

Lake Norman Realty, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Lawn

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 9/13/24
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Emerald Bay Condos
  • Davidson Landing Subdivision

Recreation

  • Tennis Courts
  • Trails

Pet Policy

  • Pet Deposit $350

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,589

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-09-13
  • Pet Deposit: 350
  • Security Deposit: 2300
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.90
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: rentals@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Entry Level: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1155
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1155
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1155
  • Bedroom Main: 2
  • Room Count: 8
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0
  • Move In Fee: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, Storage
  • Pool Features: Outdoor Pool – Community
  • Water Body Name: Lake Norman
  • Waterfront Features: None
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Assigned, Parking Lot, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Walking Trails
  • Complex Name: Emerald Bay
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LPA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 8, 2018
Sold by
Willis Dana Jason
Bought by
Sabbagh John M and Sabbagh Stephanie K
Seller's Agent
Courtney Rogers
Southern Homes of the Carolinas, Inc
Buyer's Agent
Sara Jones
Best Choice, Realtors
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$513,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,890
Avg. Annual Appreciation
8.34%
Original Mortgage
$216,000
Outstanding Balance
$184,650
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$329,240

Purchase Details

Closed on
Jul 6, 2017
Sold by
Dmjw Residential Jinvestments Llc
Bought by
Willis Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Houston Gregory L and Houston Terry A
Bought by
Dmjw Residential Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Himmelspach Kerry J
Bought by
Himmelspach Richard C
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
Sabbagh John M $285,000 None Available
Willis Dana -- None Available
Dmjw Residential Investments Llc $155,000 Bb&T
Himmelspach Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabbagh John M $216,000
Previous Owner Willis Dana $125,000
Previous Owner Dmjw Residential Investments Llc $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2024 12/30/24 Rented $2,200 -4.3% --
09/05/2024 09/05/24 For Rent $2,300 0.0% --
08/11/2023 08/11/23 Rented $2,300 0.0% --
07/21/2023 07/21/23 For Rent $2,300 0.0% --
07/06/2023 07/06/23 Sold $430,000 -4.4% $372 / Sq Ft View Prior Sale
06/02/2023 06/02/23 Price Changed $449,900 -8.2% $390 / Sq Ft
05/08/2023 05/08/23 For Sale $490,000 +71.9% $424 / Sq Ft
06/08/2018 06/08/18 Sold $285,000 -3.4% $247 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $295,000 -- $255 / 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 $2,589 $339,003 -- $339,003
2024 $2,589 $339,003 -- $339,003
2023 $2,589 $339,003 $0 $339,003
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 $2,428 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4177120

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-58