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$549,000

Beds
2
Baths
2.0
sq ft
923

931 Southwest Drive, Davidson, NC 28036

931 Southwest Drive

Davidson, NC 28036

  • 39 days on market
    • Price drop $16,000↓
Ground floor two bedroom condo in the Southpoint complex of Davidson Landing. Excellent unobstructed view of Lake Norman. Condo has two bedrooms, two full bathrooms, and just under 1,000 square feet of living space. This is the larger two bedroom floorplan with the primary bedroom on the lake side of condo. Great lake view from the primary bedroom. The waterfront porch is covered and can be accessed from both the living area and the primary bedroom. The ground floor location provides direct access to the lake, pool, and day dock from the porch. LVP floors throughout the condo. Large pantry with barn style doors. Kitchen has quartz countertops and updated cabinets. Amenities include the lake, pool, tennis, pickleball, basketball, walking/fitness trail, boat slips (lease), boardwalk, day dock, and a waterfront restaurant.

Details

Property type

Condominium

Est. home value

$519,873

Lot size

Unknown

Price per sq ft

$595

Year built

1988

Monthly HOA fee

$240

Price History

09/10/2024
CanopyMLS

CanopyMLS #4170747

Price change
$549,000
-2.83%
08/29/2024
CanopyMLS

CanopyMLS #4170747

Price change
$565,000
-1.74%
08/10/2024
CanopyMLS

CanopyMLS #4170747

Listed
$575,000
+15%

Schools & Community

Elementary school: 

Davidson K-8

Middle school: 

Davidson K-8

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

$321,357
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$183,723
Cash to seller
$321,357

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

September 2020

Original loan amount

$217,000

Est. remaining balance

$183,723

Interest rate

2.88%

Loan type

New Conventional, 20 year

Seller

Robert L Jones Jr and Marilyn S Jones

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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Status: Active

Tomo last checked: 09/17/2024 at 9:20 PM

Listing updated: 09/09/2024 at 11:23 PM

Listed by: Zach Stamey, ERA Live Moore Phone #: (704) 892-7373

MLS: CanopyMLS #4170747

CanopyMLS logo

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