NOT LISTED FOR SALE

860 Southwest Dr Unit 39 Davidson, NC 28036

Estimated Value: $746,300 - $799,000

3 Beds
2 Baths
1,279 Sq Ft
$261/mo HOA Fee

Last Sold March 02, 2022

Last sale price $600,000 $469 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,945/month

3 Days on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • Open Floorplan
  • Davidson Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of March 2022

Enjoy one of the best views in Davidson Landing from this Stonebluff end unit condo. Updated condo with 3 bedrooms and 2 full bathrooms. Wood floors throughout the living area. Updated kitchen with 42" cabinets, granite countertops, and stainless steel appliances. All windows and sliding doors have been replaced with Anderson 400 Series metal clad wood windows. The end unit location provides a lot natural light throughout the condo and there are lake views from almost every room. Vaulted ceiling in the great room. Primary bathroom incudes a dual vanity, walk in closet, and tiled shower. Walk-in utility/laundry room. Large waterfront porch with access from both the great room and primary bedroom. Community offers, the lake, pool, tennis, pickleball, basketball, and fitness/walking trails.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 01/21/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Matt Morano

Realty ONE Group Select License #299191

Realty ONE Group Select

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Assigned Boat Slip

Schools

  • Davidson Elementary And Middle School
  • William Amos Hough High School

Utilities

  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 001-186-60

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Mid-Rise Condominium
  • Stone Bluff Condos
  • Davidson Landing Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Pier or Dock
  • Tennis Courts
  • Sport Court
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,452

Year Built

Built in 1989

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1989
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 3
  • Road Surface Type: Asphalt
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Open Floorplan, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1241
  • 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
  • Porch: Back,Covered
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Davidson
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Hardboard Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned, Parking Space - 2

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 261.36
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Stone Bluff
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: End Unit, Views, Water View, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-186-60
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: LPA

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.78891

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 28, 2022
Sold by
White Thomas E and White Margaret H
Bought by
Leiter Gary L and Leiter Molly A
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Matt Morano
Realty ONE Group Select
List Price
$600,000
Sold Price
$600,000
Total Days on Market
3
Current Estimated Value
$772,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,075
Avg. Annual Appreciation
5.34%
Original Mortgage
$200,000
Outstanding Balance
$170,134
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$541,401

Purchase Details

Closed on
May 10, 2010
Sold by
Morgan Michael S
Bought by
White Thomas E and White Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,125
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Latzer Jacqueline H
Bought by
Morgan Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2003
Sold by
Latzer Kenneth M and Latzer Jacqueline H
Bought by
Latzer Jacqueline H and Jacqueline H Latzer Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Latzer Jacqueline H
Bought by
Latzer Kenneth M and Latzer Jacqueline H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.05%
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 Buyer Sale Price Title Company
Leiter Gary L $600,000 Jones Childers Donaldson & Web
White Thomas E $337,500 None Available
Morgan Michael S $275,000 The Title Co Of N Carolina
Latzer Jacqueline H -- --
Latzer Kenneth M -- --
Latzer Kenneth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leiter Gary L $200,000
Previous Owner White Thomas E $253,125
Previous Owner Morgan Michael S $220,000
Previous Owner Latzer Kenneth M $122,000
Previous Owner Latzer Kenneth M $119,500
Closed Latzer Kenneth M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $600,000 0.0% $469 / Sq Ft
01/25/2022 01/25/22 For Sale $600,000 0.0% $469 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $600,000 -- $469 / 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 $4,452 $596,301 $0 $596,301
2022 $3,199 $335,400 $0 $335,400
2021 $3,141 $335,400 $0 $335,400
2020 $3,081 $335,400 $0 $335,400
2019 $3,408 $335,400 $0 $335,400
2018 $3,408 $283,000 $120,000 $163,000
2017 $3,383 $283,000 $120,000 $163,000
2016 $3,379 $283,000 $120,000 $163,000
2015 $3,376 $283,000 $120,000 $163,000
2014 $3,374 $305,800 $120,000 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3819319

Canopy MLS (Canopy Realtor® Association)

APN: 001-186-60