$575,000
SOLD SEP 7, 2022

860 Jetton St Unit 59 Davidson, NC 28036

3 Beds
2 Baths
1,369 Sq Ft
$287/mo HOA Fee

Recently Sold

$420 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Lawn
  • Davidson Elementary School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of September 2022

Rare chance to own a beautifully updated fully furnished waterfront condo on Lake Davidson in the very exclusive Spinnaker Point community. Unit features upgraded kitchen with SS appliances, granite countertops, eat in bar, custom backsplash and soft closing cabinets. Dining area opens to great room with gas fireplace. Stunning lake views can be seen from the kitchen, dining room, great room and primary suite. Primary suite boasts sliding door access to waterfront balcony. En-suite bath features dual quartz vanities and tiled shower with jetted tub and new walk-in custom closet system. Bedrooms 2 & 3 also have custom closets. Guest bath features quartz vanity and walk-in shower. Private balcony with sweeping waterfront views of Lake Davidson. Upgraded LVP flooring throughout with neutral fresh paint. No highway visibility or noise. Amenities include waterfront pool, tennis courts, walking trails, leased garages and leased boat slips. Walking distance to shopping, dining and downtown.

Last Agent to Sell the Property

Teri Smith

Newport Properties License #275827 Listed on: 07/01/2022

Co-Listed By

Cynthia Jordan

Newport Properties License #233398

Last Buyer's Agent

Kelly Leed

K Leed Real Estate LLC License #275088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Lawn

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Great Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Davidson K-8 Elementary School
  • William Amos Hough High School

Utilities

  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-302-59

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Spinnaker Point Condos
  • Spinnaker Point Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,399

Year Built

Built in 1997

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1997
  • Doors and Windows: g-Insulated Door(s),Insulated Windows,Storm Door(s)
  • Special Assessment Yn: 1
  • Unit Floor Level: 2
  • Special Assessment Description: Balance to be paid by seller at closing
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 420.01
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1369
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 152
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 152
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Balcony,Covered
  • Fixture Exception Description: See attachments for complete list
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Gas
  • Living Area: 1369
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance, Storage
  • New Construction: No
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Water Body Name: Lake Davidson
  • Waterfront Features: None
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalks, Tennis Court(s), Walking Trails
  • Association Fee: 287
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Spinnaker Point
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3444.00

Lot Info

  • Lot Features: Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 003-302-59
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: LPA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.77727

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Davidson K-8
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 2, 2022
Sold by
Barea and Rosa
Bought by
Dean Kimberly
Seller's Agent
Teri Smith
Newport Properties
Buyer's Agent
Kelly Leed
K Leed Real Estate LLC
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$360,000
Outstanding Balance
$344,732
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$274,730

Purchase Details

Closed on
May 6, 2021
Sold by
Schultz Donald J and Schultz Susanne G
Bought by
Barea Robert and Barea Rosa

Purchase Details

Closed on
Jan 8, 2021
Sold by
Manley Paul J and Manley Jean Knox
Bought by
Schultz Donald J and Schultz Susanne G

Purchase Details

Closed on
Mar 11, 2019
Sold by
Manley Todd P and Koo Carolyn Y
Bought by
Knox Manley Jr Paul J and Knox Manley Jean

Purchase Details

Closed on
Feb 23, 2005
Sold by
Brown Jesse Eugene and Brown Babb Orr
Bought by
Manley Paul J and Manley Todd P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1997
Sold by
Kennerly Development Group Llc
Bought by
Brown Jesse Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $575,000 Chicago Title
Warranty Deed $435,000 None Available
Warranty Deed $415,000 Chicago Title
Warranty Deed $152,000 None Available
Warranty Deed $175,000 --
Condominium Deed $141,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $32,000 Credit Line Revolving
Previous Owner $70,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $595,000 -4.0% $434 / Sq Ft
06/13/2025 06/13/25 For Sale $620,000 +7.8% $452 / Sq Ft
09/07/2022 09/07/22 Sold $575,000 -1.7% $420 / Sq Ft
07/14/2022 07/14/22 Price Changed $584,900 -1.7% $427 / Sq Ft
07/01/2022 07/01/22 For Sale $595,000 -- $435 / 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 $4,399 $580,693 $0 $580,693
2022 $3,139 $329,100 $0 $329,100
2021 $2,985 $329,100 $0 $329,100
2020 $3,024 $329,100 $0 $329,100
2019 $3,078 $329,100 $0 $329,100
2018 $2,426 $199,300 $63,000 $136,300
2017 $2,407 $199,300 $63,000 $136,300
2016 $2,404 $199,300 $63,000 $136,300
2015 $2,400 $199,300 $63,000 $136,300
2014 $2,398 $199,300 $63,000 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879305

Canopy MLS (Canopy Realtor® Association)

APN: 003-302-59