$500,000
SOLD MAR 15, 2024

907 Southwest Dr Unit 7 Davidson, NC 28036

2 Beds
2 Baths
914 Sq Ft
$287/mo HOA Fee

Recently Sold

$547 Per Sq Ft

0 Day on Market

Highlights

  • Covered Dock
  • Assigned Boat Slip
  • Waterfront
  • Davidson Elementary School Rated A-
  • Pier
  • Deck

About This Home

As of March 2024

Ground floor waterfront condo in the Southpoint complex of Davidson Landing. Condo has two bedrooms and two full bathrooms. Great location with easy access to the lake and pool. Tiled floors throughout living area, marble kitchen countertops, stainless steel appliances, and updated bathrooms. Water heater was installed 2019 and HVAC was replaced in 2017. Community amenities include the pool, lake, tennis, pickleball, walking/fitness trails, and boatslips. All furnishing are included. There is currently a lease in place through 2/29/2024 that will need to be honored.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 11/10/2023

NorthGroup Real Estate LLC

Last Buyer's Agent

Michelle Ivester-Rhyne

Premier Sotheby's International Realty License #274051

Premier Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 1988

Lot Details

  • Waterfront

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Hardboard

Interior Spaces

  • 914 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Great Room with Fireplace
  • Tile Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Pier
  • Access To Lake
  • Assigned Boat Slip
  • Covered Dock
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-184-20

Community Details

Overview

  • Aml Association, Phone Number (704) 896-7224
  • Mid-Rise Condominium
  • Southpoint Condos
  • Davidson Landing Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,776

Year Built

Built in 1988

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1988
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 547.05
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: zachstamey@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 914
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 914
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Living Area: 914
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Covered structure, Boat Slip – Community, Dock, Pier
  • Construction Type: Hardboard Siding, Wood
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Game Court, Lake Access, Outdoor Pool, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 287
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Southpoint
  • Senior Community: No
  • Association Name: AML
  • Phone: 704-896-7224
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3444.00

Schools

  • Middle Or Junior School: Davidson K-8
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views, Waterfront
  • Parcel Number: 001-184-20
  • Zoning: LPA
  • Land Included Yn: 0
  • Zoning Specification: LPA

Rental Info

  • Pets Allowed: Conditional

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 15, 2024
Sold by
Frank R Shults Living Trust
Bought by
Gold Family Revocable Trust and Gold
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Michelle Ivester-Rhyne
Premier Sotheby's International Realty
List Price
$500,000
Sold Price
$500,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%
Original Mortgage
$375,000
Outstanding Balance
$369,126
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$121,751

Purchase Details

Closed on
Aug 13, 2014
Sold by
Shue Nolan R
Bought by
The Frank R Shults Living Trust

Purchase Details

Closed on
Aug 3, 2012
Sold by
Gl Design Llc
Bought by
Shue Nolan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2012
Sold by
Day Diane Holly
Bought by
Gl Designs Llc

Purchase Details

Closed on
Jun 12, 2006
Sold by
Combs Andrew C and Combs Crystal H
Bought by
Day Diane Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed $215,000 None Available
Warranty Deed $205,000 None Available
Trustee Deed $139,706 None Available
Warranty Deed $239,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $131,750 New Conventional
Previous Owner $160,000 Adjustable Rate Mortgage/ARM
Previous Owner $191,200 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $485,000 -2.8% $525 / Sq Ft
06/03/2025 06/03/25 Price Changed $499,000 -2.2% $541 / Sq Ft
04/14/2025 04/14/25 Price Changed $510,000 -1.0% $553 / Sq Ft
01/06/2025 01/06/25 Price Changed $515,000 -1.0% $558 / Sq Ft
11/21/2024 11/21/24 For Sale $520,000 +4.0% $563 / Sq Ft
03/15/2024 03/15/24 Sold $500,000 0.0% $547 / Sq Ft
11/10/2023 11/10/23 For Sale $500,000 0.0% $547 / Sq Ft
08/04/2023 08/04/23 Rented $2,500 0.0% --
07/08/2023 07/08/23 Price Changed $2,500 -3.8% $3 / Sq Ft
06/11/2023 06/11/23 Price Changed $2,600 -7.1% $3 / Sq Ft
05/29/2023 05/29/23 For Rent $2,800 +16.7% --
07/26/2022 07/26/22 Rented $2,400 0.0% --
06/30/2022 06/30/22 For Rent $2,400 +6.7% --
11/01/2021 11/01/21 Rented $2,250 0.0% --
10/27/2021 10/27/21 For Rent $2,250 0.0% --
06/11/2021 06/11/21 Rented $2,250 0.0% --
04/25/2021 04/25/21 For Rent $2,250 +12.5% --
04/10/2020 04/10/20 Rented $2,000 0.0% --
03/17/2020 03/17/20 For Rent $2,000 0.0% --
01/25/2020 01/25/20 Rented $2,000 0.0% --
11/26/2019 11/26/19 For Rent $2,000 +48.1% --
08/14/2017 08/14/17 Rented $1,350 0.0% --
08/14/2017 08/14/17 Under Contract -- -- --
08/01/2017 08/01/17 For Rent $1,350 +8.0% --
05/19/2015 05/19/15 Rented $1,250 -7.4% --
05/17/2015 05/17/15 Under Contract -- -- --
05/06/2015 05/06/15 For Rent $1,350 0.0% --
10/17/2014 10/17/14 Rented $1,350 -10.0% --
10/13/2014 10/13/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $1,500 -- --
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
2025 $2,776 $363,974 -- $363,974
2024 $2,776 $363,974 -- $363,974
2023 $1,979 $363,974 $0 $363,974
2022 $1,979 $218,200 $0 $218,200
2021 $1,979 $218,200 $0 $218,200
2020 $1,979 $218,200 $0 $218,200
2019 $2,491 $218,200 $0 $218,200
2018 $2,514 $206,800 $91,000 $115,800
2017 $2,495 $206,800 $91,000 $115,800
2016 $2,491 $206,800 $91,000 $115,800
2015 $2,488 $206,800 $91,000 $115,800
2014 $2,486 $206,800 $91,000 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4085973

Canopy MLS (Canopy Realtor® Association)

APN: 001-184-20