RENTED APR 25, 2025

812 Cotton Gin Aly Davidson, NC 28036

Estimated Value: $337,000 - $372,000

2 Beds
2 Baths
1,144 Sq Ft
1.27 Acres

Highlights

  • Balcony
  • Built-In Features
  • 1-Story Property
  • Davidson Elementary School Rated A-
  • Laundry closet
  • Central Air

About This Home

As of April 2025

Well maintained second floor condo within walking and biking to all things Downtown Davidson has to offer! The open floor plan has Kitchen with granite, built-in wine rack and Pantry, Dining area, spacious Living Room, Laundry Closet with Washer/Dryer, Primary Bedroom Suite, and a 2nd Bedroom with a 2nd Full Bathroom. Hardwoods throughout (no carpet) and all closets have custom shelving! The balcony overlooks Downtown Davidson and has access from the Living Room, and the Primary Bedroom Suite! WATER, SEWER & GARBAGE are included and the tenant is responsible for all other utilities. The Washer/Dryer are provided and the homeowner will not replace or repair them if they fail to operate. No Smoking and 1 Pet under 25-lbs at adult weight is conditional with a non-refundable pet fee. This rental can be available two weeks from an approved application!

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com Listed on: 03/13/2025

Lake Norman Realty Inc

Co-Listed By

Michael Spicola

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com License #304939

Last Renter's Agent

Christine Pandolf

Premier South License #328260

Premier South

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 1.27

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Home Security

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $1,850
  • Property Available on 3/27/25
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term

Community Details

Pet Policy

  • Pet Deposit $350

Additional Features

  • Condos In South Main Square Condos
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 1
  • Lease Term: 12 Months
  • Available Date: 2025-03-27
  • Pet Deposit: 350
  • Security Deposit: 1850
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2008
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.62
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: rentals@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Entry Level: 2
  • Fireplace: No
  • Interior Amenities: Built-in Features, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1144
  • 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
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1144
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1144
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Complex Name: Condos In South Main Square
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres
  • Zoning Specification: VCP

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Rivers Tolliver R and Rivers Kathryn P
Bought by
Rivers Partners Llc
Current Estimated Value
$349,291

Purchase Details

Listed on
Feb 25, 2017
Closed on
Feb 21, 2017
Sold by
Sarcinella Steven J and Sarcinella Donell G
Bought by
Rivers Tolliver R and Rivers Kathryn P
Seller's Agent
Angela Berrong
Lake Norman Realty Inc
Buyer's Agent
Kristen Fesnak
10X Real Estate & Investments
Sold Price
$1,200

Purchase Details

Closed on
Jun 22, 2011
Sold by
Urban Organic Ii Llc
Bought by
Sarcinella Steven J and Sarcinella Donell G

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
Rivers Partners Llc -- None Listed On Document
Rivers Tolliver R $190,000 None Available
Sarcinella Steven J $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
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
04/25/2025 04/25/25 Rented $1,850 0.0% --
03/13/2025 03/13/25 For Rent $1,850 +5.7% --
01/29/2024 01/29/24 Rented $1,750 0.0% --
01/09/2024 01/09/24 For Rent $1,750 +16.7% --
11/03/2022 11/03/22 Rented $1,500 +11.1% --
10/20/2022 10/20/22 For Rent $1,350 +12.5% --
04/04/2019 04/04/19 Rented $1,200 -4.0% --
02/09/2019 02/09/19 For Rent $1,250 +4.2% --
04/05/2017 04/05/17 Rented $1,200 0.0% --
03/31/2017 03/31/17 Under Contract -- -- --
02/25/2017 02/25/17 For Rent $1,200 -- --
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 $2,290 $299,072 -- $299,072
2024 $2,290 $299,072 -- $299,072
2023 $2,290 $299,072 $0 $299,072
2022 $1,743 $192,200 $0 $192,200
2021 $1,743 $192,200 $0 $192,200
2020 $1,743 $192,200 $0 $192,200
2019 $1,824 $192,200 $0 $192,200
2018 $1,824 $148,000 $45,000 $103,000
2017 $1,809 $148,000 $45,000 $103,000
2016 -- $148,000 $45,000 $103,000
2015 $1,802 $148,000 $45,000 $103,000
2014 -- $148,000 $45,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4233135

Canopy MLS (Canopy Realtor® Association)

APN: 003-241-63