NOT LISTED FOR SALE

872 Southwest Dr Unit 72 Davidson, NC 28036

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

3 Beds
2 Baths
1,280 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $392,500 $307 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,183/month

About This Home

As of July 2020

Furnished condo with utilities included. One of the best locations and lake views in Davidson Landing. This three bedroom two bathroom condo is located in the Stone Bluff complex. Condo is leased fully furnished with all utilities included. Short term rental available to lease for 6 months from 11/1/2023 to 4/30/2024. The end unit location provides a lot of extra windows and light. Very nice updated condo with newer windows, sliding glass doors, and HVAC system. Kitchen has granite countertops and stainless steel appliances. Wood floors through out the kitchen and great room area. The master bathroom has a large walk in shower and a dual vanity. Wet bar area between kitchen and great room. Third floor provides vaulted ceilings in the great room area and the master bedroom. Amenities include the lake, pool, tennis, fitness/walking trails, restaurant, boardwalks, and leased boatslips. New 82 inch TV.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 6, 2020
Sold by
Lohneiss Janice E
Bought by
Barham D Michael D and Barham Suzanne
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Zach Stamey
NorthGroup Real Estate LLC
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%
Current Estimated Value
$717,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,815
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Ballenger Properties Llc
Bought by
Lohneiss Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Range of Values:

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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
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
11/19/2023 11/19/23 Rented $2,700 0.0% --
10/23/2023 10/23/23 Price Changed $2,700 -6.9% $2 / Sq Ft
09/14/2023 09/14/23 For Rent $2,900 0.0% --
11/04/2022 11/04/22 Rented $2,900 0.0% --
10/17/2022 10/17/22 Price Changed $2,900 -9.4% $2 / Sq Ft
10/03/2022 10/03/22 Price Changed $3,200 -8.6% $3 / Sq Ft
09/16/2022 09/16/22 For Rent $3,500 +20.7% --
12/07/2021 12/07/21 Rented $2,900 0.0% --
12/01/2021 12/01/21 Price Changed $2,900 -9.4% $2 / Sq Ft
10/27/2021 10/27/21 For Rent $3,200 +18.5% --
10/20/2020 10/20/20 Rented $2,700 0.0% --
09/23/2020 09/23/20 For Rent $2,700 0.0% --
07/09/2020 07/09/20 Sold $392,500 -1.9% $307 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $399,900 0.0% $312 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $399,900 -- $312 / Sq Ft

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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