NOT LISTED FOR SALE

325 Northwest Dr Unit 25 Davidson, NC 28036

Estimated Value: $409,803 - $454,000

2 Beds
2 Baths
862 Sq Ft
$505/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $190,000 $220 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,693/month

124 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Community Pool
  • Davidson Elementary School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of August 2017

Wonderful ground floor unit. Incredible views across the big water from this waterfront ground floor unit. Step right off deck to the waterfront. ***Great investment property. Seller was getting $1,700/month for annual corporate rental*** Like coming home to a vacation everyday to Lake Norman the 32,500 acre water playground right out your back door. Sold "as is" Fit trail trails/tennis in the park Like setting of Davidson Landing. Specialty shops and waterfront dining a short stroll away.

Last Agent to Sell the Property

John Rhodes

Rhodes Realty of Lake Norman License #184535 Listed on: 03/07/2017

Last Buyer's Agent

Marie Ligon

Howard Hanna Allen Tate Southpark License #279112

Howard Hanna Allen Tate Southpark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Additional Features

  • 2 Full Bathrooms
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-182-78

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Garden
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.95477
  • Ratio Close Price By Original Li: 0.76030
  • Ratio Current Price By Sq Ft: 220.42
  • Special Assessment Description: Exterior
  • Special Assessment Yn: Yes
  • Unit Floor Level: 1
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Cooktop Electric, Dishwasher, Dryer, Electric Dryer Hookup
  • Fireplace Description: Great Room
  • H O A Management Phone: 7048921660
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 862
  • Total Sq Ft: 862

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails, Sidewalk, Street Lights
  • Association Fee: 169.00
  • Association Fee Frequency: Monthly
  • Complex Name: Edgewater
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront, Water view
  • Parcel Number: 001-182-78
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 188700.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Wolosiewicz Lawrence George and Wolosiewicz Elizabeth Jane
Bought by
Young Anne Marie and Doland Gerald Anthony
Current Estimated Value
$435,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$182,837
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$252,364

Purchase Details

Listed on
Mar 7, 2017
Closed on
Aug 11, 2017
Sold by
Harris William Thomas and Harris Sally M
Bought by
Wolosiewicz Lawrence George and Wolosiewicz Elizabeth Jane
Seller's Agent
John Rhodes
Rhodes Realty of Lake Norman
Buyer's Agent
Marie Ligon
Howard Hanna Allen Tate Southpark
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$144,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Wright Gary D
Bought by
Harris William Thomas and Harris Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2000
Sold by
Keesler Mark E and Keesler Margaret J
Bought by
Wright Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
8.38%
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
Young Anne Marie $285,000 Master Title Agency
Wolosiewicz Lawrence George $196,000 None Available
Harris William Thomas $125,000 --
Wright Gary D $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Anne Marie $205,000
Previous Owner Wolosiewicz Lawrence George $144,000
Previous Owner Harris William Thomas $100,000
Previous Owner Wright Gary D $88,500
Closed Harris William Thomas $12,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $190,000 -24.0% $220 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $249,900 -- $290 / 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 $2,690 $352,483 -- $352,483
2024 $2,690 $352,483 -- $352,483
2023 $2,650 $352,483 $0 $352,483
2022 $1,892 $196,700 $0 $196,700
2021 $1,883 $196,700 $0 $196,700
2020 $1,823 $196,700 $0 $196,700
2019 $1,877 $196,700 $0 $196,700
2018 $2,301 $188,700 $91,000 $97,700
2017 $2,284 $188,700 $91,000 $97,700
2016 $2,280 $188,700 $91,000 $97,700
2015 $2,277 $188,700 $91,000 $97,700
2014 $2,275 $188,700 $91,000 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3258352

Canopy MLS (Canopy Realtor® Association)

APN: 001-182-78