NOT LISTED FOR SALE

872 Southwest Dr Unit 72 Bldg 6 Davidson, NC 28036

Estimated Value: $668,000 - $775,000

3 Beds
2 Baths
1,305 Sq Ft
$249/mo HOA Fee

Last Sold August 10, 2017

Last sale price $335,000 $257 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,432/month

25 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Engineered Wood Flooring
  • Davidson Elementary School Rated A-
  • Traditional Architecture
  • End Unit

About This Home

As of August 2017

Penthouse! End Unit! Enjoy one of the best sunset views on Lake Norman from this hard to find end unit! Hardwood floors, vaulted ceilings, granite counters, stainless steel appliances, wet bar with tiled back splash and attic storage! Master BR has triple windows overlooking the lake. A Must See!

Last Agent to Sell the Property

Beth Sullivan

Allen Tate Davidson License #182487 Listed on: 05/19/2017

Allen Tate Davidson

Last Buyer's Agent

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $249 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 00118672

Community Details

Overview

  • Main Street Management Association
  • 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

$249 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96403
  • Ratio Close Price By Original Li: 0.96403
  • Ratio Current Price By Sq Ft: 256.70
  • Unit Floor Level: 3
  • Year Built: 1989
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Third
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1305
  • Total Sq Ft: 1305

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, 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
  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • Complex Name: Stone Bluff
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: William Amos Hough

Lot Info

  • Lot Features: End Unit, Waterfront, Water view
  • Parcel Number: 00118672
  • Plat Reference Section Pages: 212
  • Zoning Specification: R322

Tax Info

  • Tax Value: 308500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2020
Sold by
Lohneiss Janice E
Bought by
Barham D Michael D and Barham Suzanne
Total Days on Market
25
Current Estimated Value
$717,315

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 31, 2017
Sold by
Ballenger Properties Llc
Bought by
Lohneiss Janice E
Seller's Agent
Beth Sullivan
Allen Tate Davidson
Buyer's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
List Price
$347,500
Sold Price
$335,000
Premium/Discount to List
-$12,500
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$223,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Ballenger Fred J and Ballenger Winifred C
Bought by
Ballenger Properties Llc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Ballenger Fred J and Ballenger Winifred C

Purchase Details

Closed on
Dec 2, 2004
Sold by
Gavin Matthew T
Bought by
Cendant Mobility Financial Corp

Purchase Details

Closed on
Jul 19, 2002
Sold by
Guilford David J and Guilford Linda O
Bought by
Gavin Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.25%
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
Barham D Michael D $392,500 None Available
Lohneiss Janice E $339,000 Southern Homes Title Svcs Ll
Ballenger Properties Llc -- None Available
Ballenger Fred J $280,000 Mid South Title Agency Inc
Cendant Mobility Financial Corp $280,000 --
Gavin Matthew T $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lohneiss Janice E $223,000
Previous Owner Gavin Matthew T $207,500
Previous Owner Cavin Matthew T $30,000
Previous Owner Gavin Matthew T $182,000
Previous Owner Guilford David J $89,500
Closed Gavin Matthew T $22,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $335,000 -3.6% $257 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $347,500 -- $266 / 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 $4,507 $603,746 $0 $603,746
2022 $3,232 $338,900 $0 $338,900
2021 $3,173 $338,900 $0 $338,900
2020 $3,113 $338,900 $0 $338,900
2019 $3,167 $338,900 $0 $338,900
2018 $3,428 $284,700 $120,000 $164,700
2017 $3,403 $284,700 $120,000 $164,700
2016 $3,399 $284,700 $120,000 $164,700
2015 $3,396 $284,700 $120,000 $164,700
2014 $3,394 $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: CAR3283347

Canopy MLS (Canopy Realtor® Association)

APN: 001-186-72