NOT LISTED FOR SALE

1881 Lotus Ln Denver, NC 28037

Estimated Value: $450,108 - $468,000

3 Beds
2.5 Baths
2,099 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $330,900 $158 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,856/month

104 Days on Market

Highlights

  • Community Cabanas
  • Under Construction
  • Ranch Style House
  • St. James Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2020

Brand NEW energy-efficient home ready Nov-Dec 2020! Spacious ranch home with an oversized kitchen, pantry and an owner’s suite that boasts a zero-entry walk-in shower. Oyster Oak flooring, Tahoe Harbor painted cabinets with Blizzard granite countertops, Ornamental Gate carpet in our Posh package. Canopy Creek community is located on the West side of Lake Norman in the popular town of Denver, just 20 miles from Uptown Charlotte, enjoy resort-style living at the community pool and cabana. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Jimmy McClurg

Meritage Homes of the Carolinas License #263639 Listed on: 08/27/2020

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Lawn

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Spray Foam Insulation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101298

Community Details

Overview

  • Kuester Mgt Association, Phone Number (704) 973-9019
  • Built by Meritage Homes

Recreation

  • Community Cabanas
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,761

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.01534
  • Ratio Current Price By Acre: 2206000.00
  • Ratio Current Price By Sq Ft: 157.65
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Cooktop Gas, Dishwasher, Disposal, g-Energy Star® Clothes Washer, g-Energy Star® Dishwasher, g-Energy Star® Dryer, g-Energy Star® Refrigerator, Exhaust Fan, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Self Cleaning Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-973-9019
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2099
  • Total Sq Ft: 2099
  • Sq Ft Unheated Main: 406
  • Sq Ft Unheated Total: 406

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Underground Power Lines, Wired Internet Available
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Green Building Features: g-Advanced Framing, g-Engineered Wood Products, g-Low VOC Coatings, g-Spray Foam Insulation
  • Heating: Central Air, g-Energy Star HVAC, g-Fresh Air Ventilation, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 192.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Kuester Mgt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 55x130
  • Lot Size Area: 0.150
  • Parcel Number: 101298
  • Zoning Specification: Res

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 30, 2020
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Runge James and Runge Morgan L
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Non Member
Canopy Administration
List Price
$325,900
Sold Price
$330,900
Premium/Discount to List
$5,000
1.53%
Current Estimated Value
$460,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,627
Avg. Annual Appreciation
7.11%
Original Mortgage
$280,900
Outstanding Balance
$250,660
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$209,867
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 Buyer Sale Price Title Company
Runge James $331,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runge James $280,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $330,900 0.0% $158 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $330,900 +0.3% $158 / Sq Ft
10/30/2020 10/30/20 Price Changed $329,900 -0.9% $157 / Sq Ft
10/23/2020 10/23/20 Price Changed $332,900 +0.9% $159 / Sq Ft
10/15/2020 10/15/20 Price Changed $329,900 +0.6% $157 / Sq Ft
09/08/2020 09/08/20 Price Changed $327,900 +0.6% $156 / Sq Ft
08/27/2020 08/27/20 For Sale $325,900 -- $155 / 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 $2,761 $433,264 $62,000 $371,264
2024 $2,733 $433,264 $62,000 $371,264
2023 $2,728 $433,264 $62,000 $371,264
2022 $2,253 $288,502 $50,000 $238,502
2021 $2,233 $288,502 $50,000 $238,502
2020 $286 $40,000 $40,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3656489

Canopy MLS (Canopy Realtor® Association)

APN: 101298