NOT LISTED FOR SALE

1524 Hidden Cove Ln Denver, NC 28037

Estimated Value: $1,231,000 - $1,467,000

3 Beds
4 Baths
2,848 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,075,000 $377 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,726/month

32 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • St. James Elementary School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of February 2022

Welcome to the lake! This beautiful, custom-built waterfront home is stunning. The open floor plan welcomes you as soon as you walk through the door! Water views from the main living space leading to the screened porch and deck which expands the length of the home! The kitchen boasts stainless appliances, custom cabinets and counter tops and massive island with plenty of seating. Perfect for entertaining! Primary bedroom suite has water views, dual walk-in closets with a small built-in safe for your keepsakes. Upstairs you will find a large bonus room, half bath and walk-in storage. This space is perfect for an office, play room or game room. The basement is waiting for you to customize. Potential for extra living space, entertaining, and guest quarters. Plumbing/electrical already in place. Additional features: two tankless water heaters, back-up heating source, an over-sized 2-car garage with a workshop/storage closet. Room for a pool! Lake living at it's finest!

Last Agent to Sell the Property

Tracy Frazier Sinyard

Keller Williams Lake Norman License #224407 Listed on: 11/17/2021

Keller Williams Lake Norman

Last Buyer's Agent

Paige Greenwald

Redwood Realty Group LLC License #296906

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 2016

Lot Details

  • Waterfront
  • Zoning described as R-SF

Home Design

  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Home Security System
  • Laundry Room
  • Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

  • St. James Elementary School
  • East Lincoln Middle School
  • East Lincoln High School

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Propane
  • Natural Gas Connected

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 84885

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,731

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Ratio Current Price By Acre: 1555716.35
  • Restrictions: Architectural Review,Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2194
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2417
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2417
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 654
  • Porch: Deck,Front,Screened
  • Appliances: Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Hood, Plumbed For Ice Maker, Natural Gas, Refrigerator, Security System
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2848
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 863
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump, Propane, See Remarks
  • Sewer: County Sewer
  • Water Heater: Propane,Other
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: East Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Water View, Waterfront
  • Lot Size Area: 0.691
  • Lot Size Units: Acres
  • Parcel Number: 84885
  • Lot Size: 30100
  • Zoning Description: R-SF

Tax Info

  • RATIO List Price By Tax Amount: 1.53040

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: St. James
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Feb 18, 2022
Sold by
Cherry Lori C and Cherry Joshua A
Bought by
Bales Anderson Lee
Seller's Agent
Tracy Frazier Sinyard
Keller Williams Lake Norman
Buyer's Agent
Paige Greenwald
Redwood Realty Group LLC
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%
Current Estimated Value
$1,355,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,507
Avg. Annual Appreciation
6.52%
Original Mortgage
$813,750
Outstanding Balance
$755,170
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$600,337

Purchase Details

Closed on
Dec 3, 2012
Sold by
Lockman Michael Weston and Lockman April P
Bought by
Cherry Joshua A and Cherry Lori C

Purchase Details

Closed on
Apr 6, 2006
Sold by
Cherry Alfred J and Cherry Rita
Bought by
Cherry Joshua A

Purchase Details

Closed on
Dec 23, 2005
Sold by
Cherry Alfred J and Cherry Rita
Bought by
Cherry Joshua A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bales Anderson Lee $2,150 Knipp Law Office Pllc
Cherry Joshua A -- None Available
Cherry Joshua A -- None Available
Cherry Joshua A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bales Anderson Lee $813,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $1,075,000 -4.4% $377 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $1,125,000 -- $395 / 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 $6,731 $1,091,219 $359,385 $731,834
2024 $6,683 $1,091,219 $359,385 $731,834
2023 $6,842 $1,118,522 $359,385 $759,137
2022 $5,547 $735,103 $287,082 $448,021
2021 $5,584 $735,103 $287,082 $448,021
2020 $5,124 $735,103 $287,082 $448,021
2019 $5,124 $735,103 $287,082 $448,021
2018 $4,671 $652,492 $266,200 $386,292
2017 $4,567 $652,492 $266,200 $386,292
2016 $1,906 $0 $266,200 $7,200
2015 $1,897 $265,400 $258,200 $7,200
2014 $2,066 $301,250 $293,329 $7,921
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3806190

Canopy MLS (Canopy Realtor® Association)

APN: 84885