NOT LISTED FOR SALE

725 Southwest Dr Unit 25 Davidson, NC 28036

Estimated Value: $424,838 - $500,000

2 Beds
2 Baths
970 Sq Ft
$274/mo HOA Fee

Last Sold April 19, 2021

Last sale price $310,000 $320 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,067/month

41 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Community Pool
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2021

Ground floor two bedroom condo in the Windjammer complex of Davidson Landing. Great location close to the pool, tennis courts and lake. This is the larger two bedroom floorplan with the master bedroom on the lake side of the condo with direct access to the waterfront porch. Enjoy the lake view from the large covered waterfront porch. Boat slips can be leased when available.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 01/27/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Julie Joseph

Southern Homes of the Carolinas, Inc License #232760

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Fireplace
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-187-25

Community Details

Overview

  • Gpm Association, Phone Number (704) 896-7224
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96875
  • Ratio Close Price By Original Li: 0.96875
  • Ratio Current Price By Sq Ft: 319.59
  • Unit Floor Level: 1
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-896-7224
  • Interior Amenities: Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 970
  • Total Sq Ft: 970

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, 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: Lake, Outdoor Pool, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Complex Name: Windjammer
  • HOA Management Company: GPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Davidson
  • Middle School: Davidson
  • High School: William Amos Hough

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 001-187-25
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 194700.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 16, 2021
Sold by
Albiza Luis and Albiza Emma E
Bought by
Biggers Gregory Trent and Weiss Montana
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Julie Joseph
Southern Homes of the Carolinas, Inc
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Total Days on Market
41
Current Estimated Value
$460,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,210
Avg. Annual Appreciation
8.10%
Original Mortgage
$294,500
Outstanding Balance
$270,461
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$157,466

Purchase Details

Closed on
Jun 7, 2007
Sold by
Fortune Adam C
Bought by
Albiza Luis and Albiza Emma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2005
Sold by
Stclair Jeanette E
Bought by
Albiza Luis and Fortune Adam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Vansant Scott S and Vansant Denise M
Bought by
Mccrosson Robert and Mccrosson Margaret Brennan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2001
Sold by
Stclair Jeanette F
Bought by
Stclair Jeanette E and Jeanette E Stclair Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1998
Sold by
Bret Bass Thomas and Norwood Jan
Bought by
Stclair Charles R and Stclair Jeanette F
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 Buyer Sale Price Title Company
Biggers Gregory Trent $310,000 Southern Homes Title Inc
Albiza Luis -- None Available
Albiza Luis $130,000 --
Mccrosson Robert $120,000 --
Stclair Jeanette E -- --
Stclair Charles R $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggers Gregory Trent $294,500
Previous Owner Albiza Luis $100,000
Previous Owner Albiza Luis $105,500
Previous Owner Albiza Luis $103,000
Previous Owner Albiza Luis $104,000
Previous Owner Mccrosson Robert $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $310,000 -3.1% $320 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $320,000 -- $330 / 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
2023 $2,514 $334,157 $0 $334,157
2022 $1,873 $194,700 $0 $194,700
2021 $1,865 $194,700 $0 $194,700
2020 $1,805 $194,700 $0 $194,700
2019 $1,859 $194,700 $0 $194,700
2018 $2,344 $192,300 $70,000 $122,300
2017 $2,326 $192,300 $70,000 $122,300
2016 $2,322 $192,300 $70,000 $122,300
2015 $2,319 $192,300 $70,000 $122,300
2014 $2,317 $192,300 $70,000 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3700387

Canopy MLS (Canopy Realtor® Association)

APN: 001-187-25