NOT LISTED FOR SALE

857 Southwest Dr Unit 57 Davidson, NC 28036

Estimated Value: $532,000 - $673,000

3 Beds
2 Baths
1,301 Sq Ft
$242/mo HOA Fee

Last Sold July 24, 2020

Last sale price $365,000 $281 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,989/month

85 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Community Lake
  • Davidson Elementary School Rated A-
  • Open Floorplan
  • Bamboo Flooring

About This Home

As of July 2020

PENTHOUSE END UNIT, 3 Bedroom & 2 Full Baths - UPGRADED Davidson Landing condo featuring bamboo flooring, granite, natural cabinets, built-ins, shiplap ceilings, neutral paint throughout. The large covered deck can be accessed from the main living area and also the spacious master bedroom. Large mature trees provide a tree-house ambiance along with much welcomed shade in the summer. Stone Bluff complex offers one of the nicest pools on the lake with outstanding water and sunset views. This unit is close to the tennis courts, pool, walking trails, boardwalk & leased boat slips (optional). Dining close-by including North Harbor Club, Sabe, Kindred, Cabin/Cottages, and a very easy bike ride or walk to Downtown Davidson. Move-in ready.

Last Agent to Sell the Property

Neal Crites

Crites Real Estate License #239713 Listed on: 03/13/2020

Last Buyer's Agent

Patty Ward Hendrix

Corcoran HM Properties License #131609

Corcoran HM Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • End Unit
  • Many Trees
  • Lawn

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Breakfast Bar

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Gazebo

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-186-57

Community Details

Overview

  • Main Street Association, Phone Number (704) 255-1266
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.99050
  • Ratio Close Price By Original Li: 0.97359
  • Ratio Current Price By Sq Ft: 280.55
  • Unit Floor Level: 3
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo, Carpet, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Other, Breakfast Bar, Built-Ins, Cable Available, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1301
  • Total Sq Ft: 1301

Exterior Features

  • Construction: Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Gazebo, Lawn Maintenance, Pool-In-Ground, Tennis Court(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails, Sidewalk, Street Lights
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Complex Name: Stone Bluff
  • HOA Management Company: Main Street
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: End Unit, Lake Access, Paved Frontage, Lake, Trees, Views, Water view, Waterfront
  • Parcel Number: 001-186-57
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 338900.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Schmidt Patrick M and Schmidt Greta
Bought by
Greer Michelle
Current Estimated Value
$635,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$248,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$386,089

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 22, 2020
Sold by
Hadler Patricia A
Bought by
Schmidt Patrick M
Seller's Agent
Neal Crites
Crites Real Estate
Buyer's Agent
Patty Ward Hendrix
Corcoran HM Properties
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Jarvis Scott and Jarvis Sandra L
Bought by
Hadler Patrica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jan 8, 2016
Sold by
Childers C Rex
Bought by
Jarvis Scott L and Jarvis Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Greer Michelle $365,000 None Available
Schmidt Patrick M $365,000 None Available
Hadler Patrica A $330,000 None Available
Jarvis Scott L $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer Michelle $273,750
Previous Owner Hadler Patrica A $210,000
Previous Owner Jarvis Scott L $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $365,000 -0.9% $281 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $368,500 -1.7% $283 / Sq Ft
03/13/2020 03/13/20 For Sale $374,900 -- $288 / 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 $4,572 $603,746 -- $603,746
2024 $4,572 $603,746 -- $603,746
2023 $4,507 $603,746 $0 $603,746
2022 $3,232 $338,900 $0 $338,900
2021 $3,073 $338,900 $0 $338,900
2020 $3,113 $338,900 $0 $338,900
2019 $3,167 $338,900 $0 $338,900
2018 $3,252 $269,700 $105,000 $164,700
2017 $3,228 $269,700 $105,000 $164,700
2016 $3,224 $269,700 $105,000 $164,700
2015 $3,221 $269,700 $105,000 $164,700
2014 $3,219 $307,700 $120,000 $187,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3601019

Canopy MLS (Canopy Realtor® Association)

APN: 001-186-57