NOT LISTED FOR SALE

332 Northwest Dr Davidson, NC 28036

Estimated Value: $360,000 - $462,000

2 Beds
2 Baths
836 Sq Ft
$247/mo HOA Fee

Last Sold August 30, 2022

Last sale price $325,000 $389 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,647/month

31 Days on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • Waterfront
  • Davidson Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of August 2022

It's time to treat yourself to Lake Norman Life! Open concept condo with year-round lake views is ready for your personal touches. Priced below comps for needed remodeling. Great opportunity to make it your own!! Outstanding community amenities: Pool, direct lake access, tennis, and more. Bring your kayak! Boat slips can be leased based on availability. Quick 3 minute drive to shops and restaurants. Rentals permitted, 30 day minimum. Highly desired schools. Welcome home!

Last Agent to Sell the Property

Jennifer Lee

Mackey Realty LLC License #308126 Listed on: 07/30/2022

Co-Listed By

Melissa Stewart

Dickens Mitchener & Associates Inc License #72713

Last Buyer's Agent

Debbie Monroe

Lake Norman Realty, Inc. License #106258

Lake Norman Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1984

Lot Details

  • Waterfront
  • Lawn

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Fireplace
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Assigned Boat Slip

Schools

  • Davidson K-8 Elementary And Middle School
  • William Amos Hough High School

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 001-182-85

Community Details

Overview

  • Csi Communities Association, Phone Number (704) 892-1660
  • Mid-Rise Condominium
  • Edgewater Condos
  • Edgewater Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,606

Year Built

Built in 1984

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1984
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 1
  • Unit Floor Level: 2
  • Restrictions Description: Minimum rental period 30 days
  • Special Assessment Description: Seller to pay at closing
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 388.76
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Built Ins, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 75
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 836
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 836
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 836
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 836
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Lawn Maintenance, In Ground Pool, Tennis Court(s)
  • New Construction: No
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Boat Slip (Lease/License), Boat Slip – Community, Dock, Pier - Community
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalks, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 247.19
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Edgewater
  • Association Name: CSI Communities
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required
  • HOA Email: steve@csicommunities.com
  • CAR_YearlyHOAExpense: 2966.28

Lot Info

  • Lot Features: Lake Access, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 001-182-85
  • Land Included Yn: 0
  • Zoning Description: LPA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.65226

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Aug 30, 2022
Sold by
Patterson Gay S
Bought by
Fretz Erin Lyn
Seller's Agent
Jennifer Lee
Mackey Realty LLC
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
List Price
$325,000
Sold Price
$325,000
Views
16
Current Estimated Value
$412,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,913
Avg. Annual Appreciation
7.90%
Original Mortgage
$260,000
Outstanding Balance
$248,908
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$164,005

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 31, 2017
Sold by
Nye Betty J
Bought by
Patterson Gay S
Seller's Agent
John Rhodes
Rhodes Realty of Lake Norman
Buyer's Agent
Richard Pearsall
Richard Pearsall Real Estate
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
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
Fretz Erin Lyn $325,000 --
Patterson Gay S $199,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fretz Erin Lyn $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $325,000 0.0% $389 / Sq Ft
07/30/2022 07/30/22 For Sale $325,000 +63.3% $389 / Sq Ft
08/31/2017 08/31/17 Sold $199,000 0.0% $231 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $199,000 -- $231 / 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 $2,606 $341,218 -- $341,218
2024 $2,606 $341,218 -- $341,218
2023 $1,784 $341,218 $0 $341,218
2022 $1,784 $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 $0 $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: 3879706

Canopy MLS (Canopy Realtor® Association)

APN: 001-182-85