NOT LISTED FOR SALE

318 Northwest Dr Unit 18 Davidson, NC 28036

Estimated Value: $451,000 - $529,000

2 Beds
2 Baths
945 Sq Ft
$225/mo HOA Fee

Last Sold June 10, 2020

Last sale price $265,000 $280 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,012/month

186 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Davidson Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2020

Feel like you are on vacation every day in this beautiful waterfront top floor, end unit condo which overlooks Lake Norman and the pool. Home features granite counter tops in kitchen and baths. Stainless appliances. Large great room leads to patio with private water view. Wood burning fireplace. Large master bedroom, master bath updated with tile stall shower and walk in closet. Community amenities include outdoor pool, tennis courts, trails and lake. Walk to stores and restaurants. All Furnishings negotiable. Old Republic home warranty included.

Last Agent to Sell the Property

Jennette Glinski

Howard Hanna Allen Tate Lake Norman License #242336 Listed on: 11/01/2019

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Jeffrey Chun

Helen Adams Realty License #296954

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Waterfront

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Breakfast Bar

Listing and Financial Details

  • Assessor Parcel Number 001-182-71

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.98330
  • Ratio Close Price By Original Li: 0.89226
  • Ratio Current Price By Sq Ft: 280.42
  • Unit Floor Level: 3
  • Year Built: 1984
  • 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, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Breakfast Bar, Built-Ins, Open Floorplan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main, Closet, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 945
  • Total Sq Ft: 945

Exterior Features

  • Construction: Cedar Shake, Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Complex Name: Edgewater
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 001-182-71
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 193800.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
May 29, 2020
Sold by
Long George C and Long Deborah H
Bought by
Horowitz Jamie
Seller's Agent
Jennette Glinski
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Jeffrey Chun
Helen Adams Realty
List Price
$297,000
Sold Price
$265,000
Premium/Discount to List
-$32,000
-10.77%
Current Estimated Value
$478,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,761
Avg. Annual Appreciation
11.64%
Original Mortgage
$265,000
Outstanding Balance
$239,751
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$239,010

Purchase Details

Closed on
Apr 1, 2005
Sold by
Loudin Michael J and Loudin Sheila Ann
Bought by
Long George C and Long Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Massey John P
Bought by
Loudin Michael J

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
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Massey John P and Massey Rebecca Leigh
Bought by
Massey John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 17, 1999
Sold by
Louise Mccoy Kendall and Louise Kendall
Bought by
Massey Rebecca Leigh and Massey John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.9%
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
Horowitz Jamie $265,000 Barrister Title
Long George C $139,000 --
Loudin Michael J $133,000 First American Title Ins Co
Massey John P -- --
Massey Rebecca Leigh $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horowitz Jamie $265,000
Previous Owner Long George C $112,500
Previous Owner Loudin Michael J $106,400
Previous Owner Massey John P $99,000
Previous Owner Massey Rebecca Leigh $109,250
Closed Massey John P $19,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $265,000 -1.7% $280 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/26/2020 04/26/20 Price Changed $269,500 -2.0% $285 / Sq Ft
03/02/2020 03/02/20 Price Changed $274,900 -1.8% $291 / Sq Ft
01/15/2020 01/15/20 Price Changed $279,900 -1.8% $296 / Sq Ft
11/08/2019 11/08/19 Price Changed $285,000 -4.0% $302 / Sq Ft
11/01/2019 11/01/19 For Sale $297,000 0.0% $314 / Sq Ft
01/13/2016 01/13/16 Rented $1,500 0.0% --
01/12/2016 01/12/16 Under Contract -- -- --
12/05/2015 12/05/15 For Rent $1,500 +3.4% --
04/22/2013 04/22/13 Rented $1,450 +12.0% --
03/23/2013 03/23/13 Under Contract -- -- --
02/11/2013 02/11/13 For Rent $1,295 +12.6% --
02/06/2012 02/06/12 Rented $1,150 -4.2% --
01/07/2012 01/07/12 Under Contract -- -- --
10/10/2011 10/10/11 For Rent $1,200 -- --
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 $3,069 $403,071 -- $403,071
2024 $3,069 $403,071 -- $403,071
2023 $3,024 $403,071 $0 $403,071
2022 $2,271 $236,900 $0 $236,900
2021 $2,248 $236,900 $0 $236,900
2020 $1,914 $206,700 $0 $206,700
2019 $1,968 $206,700 $0 $206,700
2018 $2,361 $193,800 $91,000 $102,800
2017 $2,343 $193,800 $91,000 $102,800
2016 $2,340 $193,800 $91,000 $102,800
2015 $2,336 $193,800 $91,000 $102,800
2014 $2,334 $193,800 $91,000 $102,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3563712

Canopy MLS (Canopy Realtor® Association)

APN: 001-182-71