NOT LISTED FOR SALE

768 Cotton Gin Aly Unit 768 Davidson, NC 28036

Estimated Value: $339,000 - $398,000

2 Beds
2 Baths
1,200 Sq Ft
$278/mo HOA Fee

Last Sold November 30, 2020

Last sale price $220,000 $183 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,381/month

44 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Ceiling Fan
  • Davidson Elementary School Rated A-
  • Balcony

About This Home

As of November 2020

RARE FIND. Gorgeous condo near Davidson College purchased new & only lived in part time so like new. Don't pay much more for condos being built in area when a like-new unit is available in beautiful setting for much less. One-level living. 2 BR/2 Bath. Fridge, washer/dryer included. Granite in kitchen. Lots of attrium doors with access to 2 private balconies with great views. Nice natural light. Near Lake Norman, restaurants, shopping & more. Been sparingly occupied by corp exec. MUST SEE!

Last Agent to Sell the Property

Michael Lemmons

Realty One Group Results License #294214 Listed on: 09/08/2020

Realty One Group Results

Co-Listed By

Teresa Overcash

Realty One Group Results License #173757

Last Buyer's Agent

Michael Lemmons

Realty One Group Results License #294214 Listed on: 09/08/2020

Realty One Group Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 2008

Lot Details

  • 1.27

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,133 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00324159
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,783

Year Built

Built in 2008

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: See County Map
  • Co List Office Mls Id: WRLTY101
  • Co List Office Phone: 336-262-3111
  • Subdivision Name: None
  • Directions: From S Main Street in Davidson, turn onto Catawba Street, then Cotton Gin Alley and look for 768 unit on left.
  • Above Grade Finished Sq Ft: 1133
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Solid Surface Counter
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1133
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Construction Type: Brick, Cement Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 278
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 00324159
  • Zoning: R300
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1782.56
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 30, 2020
Sold by
Lassiter Michael E and Lassiter Rhonda B
Bought by
Oneill Kevin John and Oneill Della Marie
Seller's Agent
Michael Lemmons
Realty One Group Results
Buyer's Agent
Michael Lemmons
Realty One Group Results
Sold Price
$220,000
Current Estimated Value
$363,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,274
Avg. Annual Appreciation
10.42%
Original Mortgage
$185,000
Outstanding Balance
$164,248
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,026

Purchase Details

Closed on
Jun 22, 2011
Sold by
Urban Organic Ii Llc
Bought by
Lassiter Michael E and Lassiter Rhonda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
4.52%
Mortgage Type
New Conventional

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
Oneill Kevin John $220,000 None Available
Lassiter Michael E $134,000 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 Oneill Kevin John $185,000
Previous Owner Lassiter Michael E $120,600
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
11/30/2020 11/30/20 Sold $220,000 -- $220 / Sq Ft
Source: Triad MLS

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 $2,327 $304,093 -- $304,093
2024 $2,327 $304,093 -- $304,093
2023 $2,292 $304,093 $0 $304,093
2022 $1,850 $192,200 $0 $192,200
2021 $1,843 $192,200 $0 $192,200
2020 $1,783 $192,200 $0 $192,200
2019 $1,837 $192,200 $0 $192,200
2018 $1,824 $148,000 $45,000 $103,000
2017 $1,809 $148,000 $45,000 $103,000
2016 $1,806 $148,000 $45,000 $103,000
2015 $1,802 $148,000 $45,000 $103,000
2014 $1,800 $148,000 $45,000 $103,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Lemmons

    Realty One Group Results

    124 Total Sales

    Michael Lemmons
    Section Image
  • Teresa Overcash

    Seller Co-Listing Agent in 2020

    Teresa Overcash

    Realty One Group Results

    (336) 262-3111

    130 Total Sales

    Teresa Overcash
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 993484

Triad MLS

APN: 003-241-59

North Carolina Mecklenburg County Davidson 28036

768 Cotton Gin Aly Unit 768, Davidson, NC

Not Listed for Sale

Condos

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