NOT LISTED FOR SALE

404 Northwest Dr Unit 9 Davidson, NC 28036

Estimated Value: $791,000 - $1,068,000

3 Beds
2.5 Baths
1,569 Sq Ft
369,650 Sq Ft Lot

Sale Details

Date Sold: December 19, 2018

Last sale price $585,000 $373 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,116 / mo

9 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Clubhouse
  • Davidson Elementary School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of December 2018

Must see waterfront Lake Norman condo w/ boat slip in sought after Davidson! Enjoy the best waterfront views and sunsets from the exclusive North Point section of Davidson Landing. Maintenance free living at its best. This condo offers an open floor plan with plenty of natural light! Open entry way leads to eat-in kitchen w/granite counter tops, ample cabinet space and stainless steel appliances. Kitchen leads to the dining room that can accommodate large gatherings. Great room with cozy wood burning fireplace leads out to private lakefront deck. Elegant owner’s retreat w/ updated bath & private balcony. Spacious secondary bedrooms w/ guest bath. Enjoy sunsets from your back deck that is perfect for grilling & entertaining! Boat slip #15. Great location, close to schools, restaurants & shopping! Scenic waterfront community boasts great amenities including a pool, tennis courts, and walking trails!

Last Agent to Sell the Property

Phil Puma

Puma & Associates Realty, Inc. License #203114 Listed on: 11/15/2018

Last Buyer's Agent

Connie Hughes

Ameridream Realty Inc License #158894

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Waterfront

HOA Fees

  • $389 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

Listing and Financial Details

  • Assessor Parcel Number 001-182-31

Community Details

Overview

  • North Point Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

8.49 Acres

HOA Fees

$389 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97516
  • Ratio Close Price By Original Li: 0.97516
  • Ratio Current Price By Sq Ft: 372.85
  • Unit Floor Level: 1
  • Year Built: 1984
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 814
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Walk-In Pantry, Wet Bar
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 755
  • Total Sq Ft: 1569

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Lot, Parking Space - 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Sidewalk, Tennis Court(s), Walking Trails
  • Association Fee: 389.00
  • Association Fee Frequency: Monthly
  • Complex Name: North Point
  • HOA Management Company: North Point
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Views, Water view, Waterfront, Winter View, Year Round View
  • Parcel Number: 001-182-31
  • Plat Reference Section Pages: 644
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 397500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 19, 2018
Sold by
Masci Antonio and Masci Frances
Bought by
Pearson Timothy James and Fortner Patricia Lynn
Seller's Agent
Phil Puma
Puma & Associates Realty, Inc.
Buyer's Agent
Connie Hughes
Ameridream Realty Inc
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Current Estimated Value
$969,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,300
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
May 31, 2018
Sold by
Bustard William Jerald
Bought by
Brannon Russell Kim and Overcash Kelley Barnhardt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2017
Sold by
Cowan Monroe J and Cowan Frances C
Bought by
Masei Antonio and Masei Frances

Purchase Details

Closed on
Jul 25, 2017
Sold by
Cowan Monroe J and Cowan Frances C
Bought by
Cowan Monroe J

Purchase Details

Closed on
Jul 24, 2003
Sold by
Davidson College Development Foundation
Bought by
Cowan Monroe J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pearson Timothy James $585,000 None Available
Brannon Russell Kim $575,000 None Available
Masei Antonio $560,000 None Available
Cowan Monroe J -- None Available
Cowan Monroe J $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brannon Russell Kim $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $585,000 -2.5% $373 / Sq Ft
11/24/2018 11/24/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $599,900 -- $382 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,084 $805,501 -- $805,501
2024 $6,084 $805,501 -- $805,501
2023 $5,998 $805,501 $0 $805,501
2022 $5,163 $544,000 $0 $544,000
2021 $5,033 $544,000 $0 $544,000
2020 $4,973 $544,000 $0 $544,000
2019 $5,027 $544,000 $0 $544,000
2018 $4,751 $397,500 $170,000 $227,500
2017 $4,718 $397,500 $170,000 $227,500
2016 $4,714 $397,500 $170,000 $227,500
2015 $4,711 $397,500 $170,000 $227,500
2014 $4,709 $397,500 $170,000 $227,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3449278

Canopy MLS (Canopy Realtor® Association)

APN: 001-182-31

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