NOT LISTED FOR SALE

345 Northwest Dr Unit 45 Davidson, NC 28036

Estimated Value: $448,000 - $486,000

2 Beds
2 Baths
837 Sq Ft
$352/mo HOA Fee

Last Sold May 30, 2024

Last sale price $465,000 $556 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,096/month

1 Day on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • Waterfront
  • Davidson Elementary School Rated A-
  • Access To Lake
  • Vaulted Ceiling

About This Home

As of May 2024

Third floor waterfront condo in the Edgewater complex of Davidson Landing. Condo has two bedrooms and two full bathrooms with an excellent view of Lake Norman. Updated condo with an open floorplan. Third floor location provides vaulted ceilings that feature wooden beams in the great room area. Lots of updates: New kitchen cabinets and countertops, tile backsplash flooring, stainless appliances, LVP flooring throughout, updated bathroom vanities, and fixtures. Great location in a peaceful lake setting. Barn door added to the primary bathroom for additional privacy and overall better layout. The Edgewater building is in the final stages of a large exterior renovation project. Amenities include the lake, pool, leased boat slips, tennis, pickleball, fitness/walking trail.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 04/16/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 04/16/2024

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Hardboard

Interior Spaces

  • 837 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Vinyl Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Access To Lake
  • Assigned Boat Slip
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-183-51

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Edgewater Condos
  • Davidson Landing Subdivision
  • Mandatory home owners association

Recreation

  • Pier or Dock
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Community Pool
  • Water Sports
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,910

Year Built

Built in 1985

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1985
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 555.56
  • Geocode Confidence: High
  • Attribution Contact: zachstamey@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 837
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 837
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Living Area: 837
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Boat Slip – Community, Dock, Paddlesport Launch Site, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Hardboard Siding, Wood
  • Patio And Porch Features: Covered, Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air, Electric, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Game Court, Lake Access, Outdoor Pool, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 352.4
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Edgewater
  • Senior Community: No
  • Association Name: CSI
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4228.80

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views, Waterfront
  • Parcel Number: 001-183-51
  • Zoning: LPA
  • Land Included Yn: 0
  • Zoning Specification: LPA

Rental Info

  • Pets Allowed: Conditional

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 21, 2024
Sold by
Troutman Betty Cockrell
Bought by
Linner Frank and Linner Dana
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Zach Stamey
NorthGroup Real Estate LLC
List Price
$470,000
Sold Price
$465,000
Premium/Discount to List
-$5,000
-1.06%
Total Days on Market
1
Views
27
Current Estimated Value
$462,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,414
Avg. Annual Appreciation
1.29%
Original Mortgage
$279,000
Outstanding Balance
$276,697
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$195,958

Purchase Details

Closed on
Mar 22, 2005
Sold by
Henderson Jeffrey E and Rizarrdi Henderson Mary
Bought by
Troutman Betty

Purchase Details

Closed on
May 18, 1998
Sold by
Steven Michael Aubrey and Kiger Linda
Bought by
Henderson Jeffrey E and Rizzardi Henderson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Linner Frank $465,000 None Listed On Document
Troutman Betty $126,000 --
Henderson Jeffrey E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linner Frank $279,000
Previous Owner Henderson Jeffrey E $10,000
Previous Owner Henderson Jeffrey E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $465,000 -1.1% $556 / Sq Ft
04/16/2024 04/16/24 For Sale $470,000 -- $562 / 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
2024 $2,910 $381,848 -- $381,848
2023 $2,867 $381,848 $0 $381,848
2022 $1,854 $192,600 $0 $192,600
2021 $1,846 $192,600 $0 $192,600
2020 $1,786 $192,600 $0 $192,600
2019 $1,840 $192,600 $0 $192,600
2018 $2,284 $187,200 $91,000 $96,200
2017 $2,266 $187,200 $91,000 $96,200
2016 $2,263 $187,200 $91,000 $96,200
2015 $2,259 $187,200 $91,000 $96,200
2014 $2,257 $185,500 $91,000 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4128188

Canopy MLS (Canopy Realtor® Association)

APN: 001-183-51