tomo logo

$585,000

Beds
2
Baths
2.0
sq ft
1,128

1015 Southwest Drive Unit 1015, Davidson, NC 28036

1015 Southwest Drive Unit 1015

Davidson, NC 28036

  • 10 days on market
Welcome home to vacation living at its finest. This South Harbortowne beauty is a rare find. She has been completely updated from floor to ceiling including a full kitchen remodel with custom cabinetry, quartz counter tops, new appliances and new fixtures. Both the primary and secondary baths have been updated to include new cabinetry, fixtures and marble countertops. The wood floors have been refinished and both bedrooms have new carpeting. If you decide to leave this resort style development that includes tennis and pickleball courts, paddleboard launch, walking trails and more...downtown Davidson is under 2 miles away and you are surrounded by premium shopping and dining.

Details

Property type

Condominium

Est. home value

$457,540

Lot size

Unknown

Price per sq ft

$519

Year built

1994

Monthly HOA fee

$324

Price History

02/14/2025
CanopyMLS

CanopyMLS #4222403

Listed
$585,000
+112.73%
12/27/2018
CanopyMLS

CanopyMLS #3448583

Sold
$275,000
+26.15%
11/19/2015
CanopyMLS

CanopyMLS #3115414

Sold
$218,000

Schools & Community

Elementary school: 

Davidson K-8

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Sidewalks, Street Lights, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$353,238
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$184,962
Cash to seller
$353,238

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2018

Original loan amount

$206,250

Est. remaining balance

$184,962

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Terrell William Billings and Glenda Graham Billings

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Price drop
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Status: Active

Tomo last checked: 02/22/2025 at 9:40 PM

Listing updated: 02/20/2025 at 3:49 PM

Listed by: Melody Fuhr, Allen Tate Lake Norman Phone #: (704) 896-8283

MLS: CanopyMLS #4222403

CanopyMLS logo

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