$465,000
SOLD DEC 20, 2024

920 Jetton St Unit 40 Davidson, NC 28036

2 Beds
2 Baths
1,064 Sq Ft
$281/mo HOA Fee

Recently Sold

$437 Per Sq Ft

15% Below List Price

111 Days on Market

Highlights

  • Access To Lake
  • In Ground Pool
  • Open Floorplan
  • Davidson Elementary School Rated A-
  • Waterfront
  • Wooded Lot

About This Home

As of December 2024

Don't miss your opportunity to own a first first condo in Spinnaker Point. Gorgeous 2 bedroom 2 bath condo. Large closets in both bedrooms. Open floor plan with kitchen open to dining area which is open to the livingroom. Perfect for entertaining guests. Head from the living room through the sliding door to your outside oasis. Relax on your covered patio with gorgeous views of Lake Davidson. Community amenities include, outdoor swimming pool, walking trails, tennis courts, community pier and a book exchange station.
Short proximity to downtown Davidson with its restaurants, shopping, movie theater and coffee shops. Close to Davidson College. Perfect for those seeking an everyday vacation home or a 2nd home to escape the city and crowds and enjoy the outdoor lifestyle with a beautiful, year-round lake view.

Last Agent to Sell the Property

Kris Rainey

Mark Spain Real Estate Brokerage Email: krisrainey@markspain.com License #282941 Listed on: 08/06/2024

Mark Spain Real Estate

Last Buyer's Agent

Michael Booe

Helen Adams Realty License #130000

Helen Adams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $281 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 003-302-40

Community Details

Overview

  • Spinnaker Point Coa
  • Spinnaker Point Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,889

Year Built

Built in 1997

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1997
  • Restrictions: No Representation
  • Second Living Quarters: None
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 437.03
  • Geocode Confidence: High
  • Attribution Contact: krisrainey@markspain.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1064
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range
  • Above Grade Finished Sq Ft: 1064
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1064
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Elevator
  • New Construction: No
  • Construction Type: Site Built
  • Pool Features: In Ground, Outdoor Pool – Community
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Davidson
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 281
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: SPINNAKER POINT COA
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3372.00

Schools

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

Lot Info

  • Lot Features: Level, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 003-302-40
  • Land Included Yn: 0
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LPA

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Dec 20, 2024
Sold by
Allen Shirley M and Roy Franklin
Bought by
Kaufman Jonathon David and Kaufman Jennifer Marie
Seller's Agent
Kris Rainey
Mark Spain Real Estate
Buyer's Agent
Michael Booe
Helen Adams Realty
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Views
59
Current Estimated Value
$491,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,651
Avg. Annual Appreciation
6.78%
Original Mortgage
$75,000
Outstanding Balance
$74,410
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$417,241

Purchase Details

Closed on
Mar 13, 2007
Sold by
Kamp Barbara Ann
Bought by
Allen Roy F and Allen Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Foster Garrett A and Murray Brian
Bought by
Kamp Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Faran Assaf
Bought by
Foster Garrett A and Murray Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2005
Sold by
Faran Alexander and Faran Naomi
Bought by
Faran Assaf

Purchase Details

Closed on
Jul 31, 1998
Sold by
Brown Michael D and Brown Kathryn K
Bought by
Faran Alexander and Faran Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1998
Sold by
Kennerly Development Group Llc
Bought by
Brown Michael D and Brown Kathryn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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 $465,000 None Listed On Document
Warranty Deed $315,000 None Available
Warranty Deed $220,000 None Available
Warranty Deed $175,000 None Available
Warranty Deed -- --
Warranty Deed $140,000 --
Condominium Deed $114,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 New Conventional
Previous Owner $232,750 New Conventional
Previous Owner $198,000 Purchase Money Mortgage
Previous Owner $110,000 Fannie Mae Freddie Mac
Previous Owner $91,000 Purchase Money Mortgage
Previous Owner $103,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $465,000 -7.0% $437 / Sq Ft
10/15/2024 10/15/24 Price Changed $500,000 -4.8% $470 / Sq Ft
09/15/2024 09/15/24 Price Changed $525,000 -4.5% $493 / Sq Ft
08/06/2024 08/06/24 For Sale $550,000 -- $517 / 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
2025 $3,889 $512,583 -- $512,583
2024 $3,889 $512,583 -- $512,583
2023 $3,833 $512,583 $0 $512,583
2022 $2,702 $282,700 $0 $282,700
2021 $2,663 $282,700 $0 $282,700
2020 $2,603 $282,700 $0 $282,700
2019 $2,657 $282,700 $0 $282,700
2018 $2,200 $180,100 $63,000 $117,100
2017 $2,183 $180,100 $63,000 $117,100
2016 $2,180 $180,100 $63,000 $117,100
2015 $2,176 $180,100 $63,000 $117,100
2014 $2,174 $180,100 $63,000 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4168219

Canopy MLS (Canopy Realtor® Association)

APN: 003-302-40