$1,060,000
SOLD AUG 25, 2025

405 Northwest Dr Davidson, NC 28036

4 Beds
3 Baths
1,789 Sq Ft
$790/mo HOA Fee

Recently Sold

$593 Per Sq Ft

15% Below List Price

139 Days on Market

Highlights

  • Covered Dock
  • Access To Lake
  • In Ground Pool
  • Davidson Elementary School Rated A-
  • Boat Slip
  • Waterfront

About This Home

As of August 2025

End unit location in the desirable North Point complex of Davidson Landing. Sunset views all year long from this four bedroom, three bath townhome. Deeded boatslip (#12) and carport are included. Enjoy the lake and sunset views from the large waterfront deck. Large living area with fireplace and wet bar. Primary bedroom has great lake views and balcony. The fourth bedroom is located on the ground level and has an adjacent full bathroom. Carport has a storage closet and is located to the left side of the covered structure. New roof in 2024. North Point amenities include a pool, tennis/pickleball court, and marina. Gas logs in fireplace have a leased propane tank that can be transferred or removed. The cost to lease the tank is $75/year plus refill when needed. The North Point community of 31 units on 8 acres was reroofed in 2024, and all buildings are currently being renovated with new siding. The seller paid $75k for roof & siding improvements. Project is expected to be completed soon.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 02/12/2025

NorthGroup Real Estate LLC

Last Buyer's Agent

Gina Wells

Ivester Jackson Christie's License #345665

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Waterfront
  • End Unit

HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Propane Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Parking

  • 1 Detached Carport Space
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Boat Slip
  • Covered Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-182-32

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Marina/Boatslip Association
  • Mid-Rise Condominium
  • North Point Condos
  • Davidson Landing Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1984
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: Exterior renovations $62,934.15
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 592.51
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: zachstamey@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 904
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 885
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1789
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Propane
  • Living Area: 1789
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Pool Features: In Ground, Outdoor Pool
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Deed), Covered structure, Paddlesport Launch Site - Community
  • Construction Type: Brick Partial, Cedar Shake, Wood
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Hall, Laundry Closet, Upper Level
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access, Outdoor Pool, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 700
  • Association Fee Frequency: Monthly
  • Association #2 Fee: 90
  • Association #2 Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: North Point
  • Senior Community: No
  • Association: Marina/boatslip
  • Association Name: Main Street Management
  • Phone: 704-255-1266

Association/Amenities

  • Association Annual Expense: 9480.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit, Views, Waterfront
  • Parcel Number: 001-182-32
  • Zoning: SU
  • Land Included Yn: 0
  • Zoning Specification: SU

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
Feb 12, 2025
Closed on
Aug 25, 2025
Sold by
Cowan Frances C and Cowan Monroe
Bought by
Elich Tony and Elich Lydia
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Gina Wells
Ivester Jackson Christie's
List Price
$1,250,000
Sold Price
$1,060,000
Premium/Discount to List
-$190,000
-15.2%
Views
181
Current Estimated Value
$1,069,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,942
Avg. Annual Appreciation
2.56%
Original Mortgage
$954,000
Outstanding Balance
$952,185
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$117,757

Purchase Details

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

Purchase Details

Closed on
Jun 2, 2000
Sold by
Ncnb Tr U A Edith Dalton
Bought by
Cowan Frances C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,060,000 None Listed On Document
Warranty Deed $1,060,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $954,000 New Conventional
Closed $954,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 Sold $1,060,000 -5.8% $593 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $1,125,000 -2.2% $629 / Sq Ft
06/03/2025 06/03/25 Price Changed $1,150,000 -4.1% $643 / Sq Ft
05/05/2025 05/05/25 Price Changed $1,199,000 -4.1% $670 / Sq Ft
02/12/2025 02/12/25 For Sale $1,250,000 -- $699 / 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 $6,647 $880,670 -- $880,670
2024 $6,647 $880,670 -- $880,670
2023 $6,554 $880,670 $0 $880,670
2022 $5,825 $614,200 $0 $614,200
2021 $5,670 $614,200 $0 $614,200
2020 $5,610 $614,200 $0 $614,200
2019 $5,664 $614,200 $0 $614,200
2018 $5,164 $432,700 $170,000 $262,700
2017 $5,128 $432,700 $170,000 $262,700
2016 $5,124 $432,700 $170,000 $262,700
2015 $5,121 $432,700 $170,000 $262,700
2014 $5,119 $432,700 $170,000 $262,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4222080

Canopy MLS (Canopy Realtor® Association)

APN: 001-182-32