NOT LISTED FOR SALE

1335 Torrence Cir Unit 26 Davidson, NC 28036

Estimated Value: $451,949 - $536,000

2 Beds
2 Baths
1,129 Sq Ft
$304/mo HOA Fee

Last Sold October 23, 2020

Last sale price $303,000 $268 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,196/month

8 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Community Lake
  • Davidson Elementary School Rated A-
  • Open Floorplan
  • Tennis Courts

About This Home

As of October 2020

Dynamite Views of Lake Norman from this pristine, Waterfront Condo. Step inside this Freshly Updated 2 bedroom, 2 bath home. Large family room w/gas fireplace has lots of character w/ crown molding & chair rail surround. Enjoy coffee or dinner from the private deck while overlooking the lush landscape, lake & pool. Kitchen offers New cabinets, subway tile back-splash, granite and All New stainless appliances, including Wine fridge. Spacious counter area, breakfast bar & large pantry top this kitchen off. Master Retreat boasts lake views w/ access to balcony & large WIC. En-suite is complete w/ new double sink vanity & stylish ship-lap wall. Large Guest bedroom w/ WIC. Full bath w/ new vanity is just outside guest bedroom. Laundry room completes this stunning home. No popcorn ceilings, new grey paint, move in ready. Community amenities include: kayak launch site, leased boat slips, tennis, fitness/walking trails & boardwalks. Walking distance to shops/restaurant. See the virtual tour.

Last Agent to Sell the Property

Olivia Swing

NorthGroup Real Estate LLC License #280843 Listed on: 09/10/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Bonnie Hedrick

NextHome World Class License #309711

NextHome World Class

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

HOA Fees

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Waterfront
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-189-59

Community Details

Overview

  • Gpm Property Managers 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

$304 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98058
  • Ratio Close Price By Original Li: 0.98058
  • Ratio Current Price By Sq Ft: 268.38
  • Unit Floor Level: 2
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Upper
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Ice Maker Connection, Microwave, Oven, Wine Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile, Vinyl
  • H O A Management Phone: 7048967224
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan, Split BR Plan, Storage Unit, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 194
  • Main Level Sq Ft: 1129
  • Total Sq Ft: 1129

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground, Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, Lot

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 262.00
  • Association Fee Frequency: Monthly
  • Complex Name: Emerald Bay
  • HOA Management Company: GPM Property Managers
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 500.00
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Davidson
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: Per Tax Records
  • Lot Features: Lake, Lake Access, Water view, Waterfront, Year Round View
  • Parcel Number: 001-189-59
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 261800.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 22, 2020
Sold by
Lacci Kayla Marie
Bought by
Ksn Properties Inc
Seller's Agent
Olivia Swing
NorthGroup Real Estate LLC
Buyer's Agent
Bonnie Hedrick
NextHome World Class
List Price
$309,000
Sold Price
$303,000
Premium/Discount to List
-$6,000
-1.94%
Current Estimated Value
$508,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,237
Avg. Annual Appreciation
10.92%
Original Mortgage
$211,169
Outstanding Balance
$187,481
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$320,756

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 8, 2018
Sold by
Finalee Holdings Llc
Bought by
Lacci Kayla Marie
Seller's Agent
Courtney Rogers
Southern Homes of the Carolinas, Inc
Buyer's Agent
Olivia Swing
NorthGroup Real Estate LLC
List Price
$259,000
Sold Price
$266,000
Premium/Discount to List
$7,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$239,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2015
Sold by
Lackey Wi Diane B and Lackey Charles Y
Bought by
Finalee Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Brown Drew A and Brown Karin J
Bought by
Lackey Charles Y and Lackey Diane B

Purchase Details

Closed on
Nov 17, 1997
Sold by
Korn Theresa M
Bought by
Brown Drew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
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
Ksn Properties Inc $303,000 None Available
Lacci Kayla Marie $266,000 None Available
Finalee Holdings Llc $225,000 None Available
Finalee Holdings Llc $225,000 Attorney
Lackey Charles Y $154,000 --
Brown Drew A $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ksn Properties Inc $211,169
Previous Owner Lacci Kayla Marie $239,400
Previous Owner Finalee Holdings Llc $150,000
Previous Owner Brown Drew A $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $303,000 -1.9% $268 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $309,000 +16.2% $274 / Sq Ft
08/08/2018 08/08/18 Sold $266,000 +2.7% $230 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $259,000 -- $224 / 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 $2,464 $322,336 -- $322,336
2024 $2,464 $322,336 -- $322,336
2023 $2,427 $322,336 $0 $322,336
2022 $2,505 $261,800 $0 $261,800
2021 $2,474 $261,800 $0 $261,800
2020 $2,414 $261,800 $0 $261,800
2019 $2,468 $261,800 $0 $261,800
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: CAR3660698

Canopy MLS (Canopy Realtor® Association)

APN: 001-189-59