$392,500
SOLD JUL 9, 2020

872 Southwest Dr Unit 72 Davidson, NC 28036

3 Beds
2 Baths
1,280 Sq Ft
$242/mo HOA Fee

Recently Sold

$307 Per Sq Ft

2% Below List Price

75 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • End Unit
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2020

Vacant and available to show now. One of the best locations and lake views in Davidson Landing. This three bedroom two bathroom condo is located in the Stone Bluff complex. 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. Enjoy the sunset lake view from the large porch that can be accessed from both the great room and master bedroom. Amenities include the lake, pool, tennis, fitness/walking trails, restaurant, boardwalks, and leased boatslips.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 03/13/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Zach Stamey

NorthGroup Real Estate LLC License #192052 Listed on: 03/13/2020

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Wet Bar
  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001-186-72

Community Details

Overview

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

Recreation

  • Tennis Courts
  • 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: 0.98150
  • Ratio Close Price By Original Li: 0.98150
  • Ratio Current Price By Sq Ft: 306.64
  • 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, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1280
  • Total Sq Ft: 1280

Exterior Features

  • Construction: Hardboard Siding, Wood
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Walking Trails
  • 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: Unspecified
  • High School: William Amos Hough

Lot Info

  • Lot Features: End Unit, Water view, Waterfront
  • Parcel Number: 001-186-72
  • Zoning Specification: LPA

Tax Info

  • Tax Value: 338900.00
  • Tax Location: Davidson

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
$705,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,966
Avg. Annual Appreciation
12.71%

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

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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 $392,500 None Available
Warranty Deed $339,000 Southern Homes Title Svcs Ll
Warranty Deed -- None Available
Warranty Deed $280,000 Mid South Title Agency Inc
Warranty Deed $280,000 --
Warranty Deed $227,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $223,000 New Conventional
Previous Owner $207,500 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $182,000 Purchase Money Mortgage
Previous Owner $89,500 Unknown
Closed $22,750 No Value Available
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
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: CAR3602343

Canopy MLS (Canopy Realtor® Association)

APN: 001-186-72