$425,000
SOLD SEP 1, 2022

713 Northeast Dr Unit 59 Davidson, NC 28036

3 Beds
2 Baths
1,348 Sq Ft
$292/mo HOA Fee

Recently Sold

$315 Per Sq Ft

54 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • End Unit
  • Davidson Elementary School Rated A-
  • Deck
  • Lawn

About This Home

As of September 2022

Renovated END UNIT condo with views of Lake Davidson! Luxury vinyl plank and tile throughout - no carpet! The open floor plan has Great Room with stacked stone gas log fireplace, and Kitchen with wood-look tile flooring, granite and stainless appliances. All Bedrooms have custom closets, wider crown molding in every room including Baths and newer light fixtures throughout. The Bathrooms were completely upgraded with new mirrors, shower doors with 5/8" glass, tiled shower, Quartz counters and upgraded tile flooring. Plantation shutters throughout, woven Roman Shades for oversized glass sliding door & fixed side windows which are great for insulation. Extremely low energy bills being in a middle floor, Trane HVAC replaced and Rheem water heater installed in 2016. Deck was stained each year and there is additional storage closets with this unit. Take a dip in the community pool or store your kayak/paddleboard by the lake! Convenient location to Davidson and I-77.

Last Agent to Sell the Property

Debbie Monroe

Lake Norman Realty, Inc. License #106258 Listed on: 07/08/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Naomi Hofert

Allen Tate Lake Norman License #289430

Allen Tate Lake Norman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,348 Sq Ft Home
  • Great Room with Fireplace
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 003-221-35

Community Details

Overview

  • Gpm Group Association, Phone Number (704) 896-7224
  • Spinnaker Reach Condos
  • Spinnaker Reach Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,884

Year Built

Built in 1999

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Restrictions: Other - See Media/Remarks
  • Unit Floor Level: 2
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 315.28
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1348
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Front
  • Appliances: Cable Prewire, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1348
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance
  • New Construction: No
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Water Body Name: Lake Davidson
  • Waterfront Features: Paddlesport Launch Site - Community
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: On Street, Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Lake, Outdoor Pool, Recreation Area, Sidewalks
  • Association Fee: 292.05
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Spinnaker Reach
  • Association Name: GPM Group
  • Phone: (704) 896-7224
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3504.60

Lot Info

  • Lot Features: End Unit, Lake Access, Water View, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 003-221-35
  • Land Included Yn: 1
  • Lot Size: 0
  • Zoning Description: LPA
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.90242

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 8, 2022
Closed on
Aug 25, 2022
Sold by
Streiff Andrew C
Bought by
Demski Regina Kay and Demski Thomas D
Seller's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Buyer's Agent
Naomi Hofert
Allen Tate Lake Norman
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$508,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,950
Avg. Annual Appreciation
6.21%
Original Mortgage
$300,000
Outstanding Balance
$286,448
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$222,502

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 16, 2020
Sold by
Lingle Linda and Lingle Fred
Bought by
Streiff Andrew C and Russo Streiff Connie
Seller's Agent
Donna Galinsky
Allen Tate Davidson
Buyer's Agent
Tom LeBorgne
Wilson Realty
List Price
$310,000
Sold Price
$283,000
Premium/Discount to List
-$27,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%
Original Mortgage
$163,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2014
Sold by
Tpm Properties Lp
Bought by
Lingle Linda and Lingle Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2014
Sold by
Travis Candace R
Bought by
Tpm Properties Lp

Purchase Details

Closed on
Nov 23, 1999
Sold by
Kennerly Development At Spinnaker Reach
Bought by
Travis Candace R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $425,000 --
Warranty Deed $283,000 None Available
Warranty Deed $185,000 None Available
Trustee Deed $137,000 None Available
Condominium Deed $129,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $163,000 New Conventional
Previous Owner $134,000 Adjustable Rate Mortgage/ARM
Previous Owner $185,000 Adjustable Rate Mortgage/ARM
Previous Owner $29,000 Credit Line Revolving
Previous Owner $117,600 Unknown
Previous Owner $122,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $425,000 0.0% $315 / Sq Ft
07/08/2022 07/08/22 For Sale $425,000 +50.2% $315 / Sq Ft
06/18/2020 06/18/20 Sold $283,000 -8.0% $210 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $307,500 -0.8% $228 / Sq Ft
04/18/2020 04/18/20 For Sale $310,000 -- $230 / 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 $2,884 $378,351 -- $378,351
2023 $2,841 $378,351 $0 $378,351
2022 $2,026 $223,400 $0 $223,400
2021 $2,191 $241,600 $0 $241,600
2020 $2,066 $223,400 $0 $223,400
2019 $2,120 $223,400 $0 $223,400
2018 $1,736 $140,500 $32,500 $108,000
2017 $1,722 $140,500 $32,500 $108,000
2016 $1,718 $140,500 $32,500 $108,000
2015 $1,715 $140,500 $32,500 $108,000
2014 $1,713 $143,000 $35,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881005

Canopy MLS (Canopy Realtor® Association)

APN: 003-221-35