$433,500
SOLD APR 9, 2025

1903 Lotus Ln Denver, NC 28037

3 Beds
2 Baths
1,655 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Community Pool
  • St. James Elementary School Rated A-
  • Lawn
  • Covered patio or porch

About This Home

As of April 2025

Beautiful like new well cared for home w/ Tons of Upgrades!. Private backyard on a nice quiet cul-de-sac. This property features a private fenced backyard that backs to woods! Beautiful views with a variety of wildlife that visits daily. Beautiful open floor plan, gorgeous kitchen w/ quartz tops, 5 burner, dbl oven gas range with MW that is vented! Great rm features a beautiful gas logs fire place. All bedrms have ceiling fans. Inviting Primary Ensuite w walk-in closet, tile surround shower, dual sink vanity! Covered back patio and a spacious deck! Minutes to Verdict Ridge CC, Hwy 16, 30 mins to Airport! A few special features-Dual ceiling fan over back patio; newly stained back deck; premium lighting package indoors and outdoors; long 6 car driveway, upgraded landscaping with edging, river rock (front) and rubber mulch (back). Fantastic community pool! Located on a quiet cul-de-sac, this lovely home is ready for you! Wow! Price Improvement! Take advantage of this opportunity today!

Last Agent to Sell the Property

Lou Sorrento

Sorrento Realty Group LLC Brokerage Email: lousorrento1@gmail.com License #247547 Listed on: 02/21/2025

Last Buyer's Agent

Elisha Scott

EXP Realty LLC Mooresville License #333901

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 2020

Lot Details

  • Cul-De-Sac
  • Back Yard Fenced
  • Lawn
  • Property is zoned PD-R

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Arts and Crafts Architecture
  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 1,655 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • East Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101303

Community Details

Overview

  • Cedar Management Group Association, Phone Number (877) 252-3327
  • Built by Meritage Homes
  • Canopy Creek Subdivision, Chandler Floorplan
  • Mandatory home owners association

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 2020

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Ranch, Traditional
  • Year Built: 2020
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 261.93
  • Geocode Confidence: High
  • Attribution Contact: lousorrento1@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1655
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Refrigerator with Ice Maker
  • Above Grade Finished Sq Ft: 1655
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log, Gas Vented, Great Room
  • Living Area: 1655
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Year Round
  • Exclusions: Primary bdrm Headboard, TV Mounts, Mirror on back of primary closet door
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 446
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas, Underground Power Lines, Underground Utilities
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management Group
  • Phone: 877-252-3327
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2640.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 101303
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Meritage Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Apr 7, 2025
Sold by
Michael J Gange Revocable Trust and Tracy L Gange Revocable Trust
Bought by
Ptak Robert and Ptak Ruth
Seller's Agent
Lou Sorrento
Sorrento Realty Group LLC
Buyer's Agent
Elisha Scott
EXP Realty LLC Mooresville
List Price
$459,000
Sold Price
$433,500
Premium/Discount to List
-$25,500
-5.56%
Total Days on Market
16
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.79%
Original Mortgage
$398,500
Outstanding Balance
$398,158
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$34,167

Purchase Details

Closed on
Jan 26, 2022
Sold by
Joseph Gange Michael and Joseph Tracy
Bought by
Michael J Gange Revocable Trust

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jun 16, 2021
Sold by
Gange Michael Joseph
Bought by
Gange Michael Joseph and Gange Tracy
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Non Member
Canopy Administration
List Price
$324,205
Sold Price
$324,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Apr 23, 2021
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Gange Michael Joseph
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Non Member
Canopy Administration
List Price
$324,205
Sold Price
$324,205
Source: Public Records

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Range of Values:

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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 $433,500 Chicago Title
Warranty Deed $433,500 Chicago Title
Warranty Deed -- Millovitsch Lauren T
Interfamily Deed Transfer -- None Available
Special Warranty Deed $324,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,500 New Conventional
Closed $398,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $433,500 -0.3% $262 / Sq Ft
03/07/2025 03/07/25 Price Changed $435,000 -2.6% $263 / Sq Ft
03/02/2025 03/02/25 Price Changed $446,800 -2.7% $270 / Sq Ft
02/21/2025 02/21/25 For Sale $459,000 +41.6% $277 / Sq Ft
04/23/2021 04/23/21 Sold $324,205 0.0% $197 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $324,205 -- $197 / 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
2024 $2,424 $382,042 $62,000 $320,042
2023 $2,419 $382,042 $62,000 $320,042
2022 $2,012 $256,039 $50,000 $206,039
2021 $855 $100,828 $50,000 $50,828
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: 4220890

Canopy MLS (Canopy Realtor® Association)

APN: 101303