NOT LISTED FOR SALE

318 Davidson Gateway Dr Unit 4 Davidson, NC 28036

Estimated Value: $351,000 - $378,000

2 Beds
2.5 Baths
1,200 Sq Ft
$95/mo HOA Fee

Last Sold April 26, 2017

Last sale price $169,900 $142 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,210/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Arts and Crafts Architecture
  • Lawn
  • Davidson Elementary School Rated A-
  • Engineered Wood Flooring
  • 1-minute walk to Parham Park

About This Home

As of April 2017

Great Opportunity to live in Davidson. Home is walking distance to Harris Teeter, dining, shopping. I-77, schools and lake are just minutes away. Double master layout works great for room-mates. Granite counters with lots of cabinet space in kitchen. Large pantry, beautiful hardwood floors, heavy trim and molding throughout. Well situated END UNIT allows lots of natural light. Easy access in and out of neighborhood. SHOW FOR BACK UP OFFERS.

Last Agent to Sell the Property

Marlo Mikeal

Lake Norman Realty, Inc. License #198963 Listed on: 03/24/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Deana Petty

Lantern Realty & Development, LLC License #263080

Lantern Realty & Development, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.55

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-215-78

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 141.58
  • Unit Floor Level: 1
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 626
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Washer, Natural Gas, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Pantry, Vaulted Ceiling
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 574
  • Total Sq Ft: 1200

Exterior Features

  • Construction: Cedar Shake, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Lot, Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 95.00
  • Association Fee Frequency: Monthly
  • Complex Name: Little Gate Condos
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 003-215-78
  • Plat Reference Section Pages: 645
  • Zoning: Residential
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 132500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 26, 2017
Sold by
Scott Eric D and Caudle Lauren E
Bought by
Davis Sarah B and Davis Michael P
Seller's Agent
Marlo Mikeal
Lake Norman Realty, Inc.
Buyer's Agent
Deana Petty
Lantern Realty & Development, LLC
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$366,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,228
Avg. Annual Appreciation
9.43%
Original Mortgage
$121,900
Outstanding Balance
$63,900
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$302,228

Purchase Details

Closed on
Aug 14, 2009
Sold by
Katyal Michael S and Katyal Angela
Bought by
Scott Eric D and Caudle Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,337
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2007
Sold by
Jcb Urban Co
Bought by
Katyal Michael S and Katyal Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davis Sarah B $170,000 None Available
Scott Eric D $147,000 None Available
Katyal Michael S $164,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Sarah B $121,900
Previous Owner Scott Eric D $144,337
Previous Owner Katyal Michael S $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $169,900 0.0% $142 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $169,900 -- $142 / 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 $2,382 $311,402 -- $311,402
2024 $2,382 $311,402 -- $311,402
2023 $2,346 $311,402 $0 $311,402
2022 $1,640 $169,900 $0 $169,900
2021 $1,580 $169,900 $0 $169,900
2020 $1,580 $169,900 $0 $169,900
2019 $1,574 $169,900 $0 $169,900
2018 $1,582 $132,500 $30,000 $102,500
2017 $1,569 $132,500 $30,000 $102,500
2016 $1,565 $132,500 $30,000 $102,500
2015 $1,562 $132,500 $30,000 $102,500
2014 $1,620 $142,500 $40,000 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3264081

Canopy MLS (Canopy Realtor® Association)

APN: 003-215-78