NOT LISTED FOR SALE

726 Cotton Gin Aly Unit 726 Davidson, NC 28036

Estimated Value: $208,000 - $286,000

1 Bed
1 Bath
555 Sq Ft
$82/mo HOA Fee

Last Sold September 10, 2018

Last sale price $135,000 $243 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,539/month

6 Days on Market

Highlights

  • City View
  • Open Floorplan
  • 1-Story Property
  • Davidson Elementary School Rated A-
  • Engineered Wood Flooring

About This Home

As of September 2018

MULTIPLE OFFERS RECEIVED AS OF 8/15/2018. SELLERS WILL REVIEW AT 8:00 AM ON 8/16/2018. Walk to town, restaurants, shopping, Davidson College and Davidson Elementary School from this one and one-half room studio condo just off S. Main Street in Davidson. New carpet, quality wood cabinets in kitchen, new hardwood flooring make this unit move-in ready at a great price for Davidson! Studio has an alcove sleeping room, two clothes closets, large bath, apartment size washer/dryer unit in a separate closet and refrigerator all stay. Well maintained unit and complex in a great location.

Last Agent to Sell the Property

Carole Krug

Howard Hanna Allen Tate Davidson License #273384 Listed on: 08/10/2018

Howard Hanna Allen Tate Davidson

Last Buyer's Agent

Julie Swinger

Realty ONE Group Select License #284502

Realty ONE Group Select

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 1.27

HOA Fees

  • $82 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Open Floorplan
  • City Views

Flooring

  • Engineered Wood
  • Carpet

Utilities

  • Cable TV Available

Community Details

  • Hawthorne Management Association, Phone Number (704) 377-0114

Listing and Financial Details

  • Assessor Parcel Number 003-241-49

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.03846
  • Ratio Close Price By Original Li: 1.03846
  • Ratio Current Price By Sq Ft: 243.24
  • Unit Floor Level: 2
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: CO Detector, Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Prefinished Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 555
  • Total Sq Ft: 555

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 82.00
  • Association Fee Frequency: Monthly
  • Complex Name: Condos In South Main Square
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: City View
  • Parcel Number: 003-241-49
  • Zoning Specification: VCP

Tax Info

  • Tax Value: 95800.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Horne Tucker J and Horne Albert John
Bought by
Heid Roger and Heid Yoana
Current Estimated Value
$249,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$156,098
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$98,025

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 10, 2018
Sold by
Brown Michael D and Brown Jane
Bought by
Horne J Tucker J and Horne John Albert
Seller's Agent
Carole Krug
Howard Hanna Allen Tate Davidson
Buyer's Agent
Julie Swinger
Realty ONE Group Select
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Urban Organic Ii Llc
Bought by
Brown Michael D and Brown Jane

Purchase Details

Closed on
Mar 7, 2011
Sold by
Peoples Bank
Bought by
Urban Organic I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 18, 2011
Sold by
Cameron Davidson Llc
Bought by
Peoples Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2010
Sold by
Cameron Davidson Llc
Bought by
Peoples Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Heid Roger $237,000 Thebeau & Associates Pa
Horne J Tucker J $135,000 None Available
Brown Michael D $77,000 None Available
Urban Organic I Llc $1,800,000 Chicago Title Insurance Co
Peoples Bank $2,100,000 None Available
Peoples Bank $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heid Roger $168,750
Previous Owner Urban Organic I Llc $79,000
Previous Owner Urban Organic I Llc $1,620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $135,000 +3.8% $243 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $130,000 -3.7% $234 / Sq Ft
08/11/2018 08/11/18 Off Market $135,000 -- --
08/10/2018 08/10/18 For Sale $130,000 -- $234 / 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 $1,745 $226,404 -- $226,404
2024 $1,745 $226,404 -- $226,404
2023 $1,718 $226,404 $0 $226,404
2022 $1,223 $125,600 $0 $125,600
2021 $1,239 $125,600 $0 $125,600
2020 $1,179 $125,600 $0 $125,600
2019 $1,233 $125,600 $0 $125,600
2018 $1,211 $95,800 $33,800 $62,000
2017 $1,201 $95,800 $33,800 $62,000
2016 $1,197 $95,800 $33,800 $62,000
2015 $1,194 $95,800 $33,800 $62,000
2014 $1,192 $95,800 $33,800 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3423328

Canopy MLS (Canopy Realtor® Association)

APN: 003-241-49