NOT LISTED FOR SALE

1989 Captains Way Denver, NC 28037

Estimated Value: $1,124,410 - $1,670,000

2 Beds
2 Baths
1,741 Sq Ft
$731/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $995,000 $572 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,222/month

5 Days on Market

Highlights

  • Covered Dock
  • Pier
  • Waterfront
  • St. James Elementary School Rated A-
  • Boat or Launch Ramp
  • Open Floorplan

About This Home

As of October 2022

Welcome to Lake Norman! This beautiful Lake Norman WATERFRONT retreat is located in one of Denver NC’s most sought after neighborhoods (No HOA). Nestled within the mature landscape is your own private oasis. Lush tropical shrubs & palm trees surround you as you enjoy the awesome sunsets. Plus there is a backyard irrigation system so no need to worry about watering. The home has an open floor plan with BIG WATER views that can be seen from most any room. The primary bedroom has a large separate sitting room that could be used as a flex room, office or easily converted into a fabulous in-law suite. Amenities include gated yard, new roof & gutters (2019), updated bath. Outside there is a new floating dock & aluminum ramp with composite decking, Covered pier & pier house, a beautiful sandy beach with steps leading to the water. Easy access to Charlotte makes this home the perfect choice for easy commutes or weekend getaways. Also convenient to Cornelius, Huntersville, Mooresville & Hickory

Last Agent to Sell the Property

Jill Barnes

Sellstate Choice Realty License #289071 Listed on: 08/09/2022

Last Buyer's Agent

Jill Barnes

Sellstate Choice Realty License #289071 Listed on: 08/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,571

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation
  • Zoning described as R-SF

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,741 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Pier
  • Boat or Launch Ramp
  • Covered Dock
  • Deck
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lincoln Forest Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 30235
  • Tax Block 057

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,571

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1987
  • Ratio Current Price By Acre: 1950980.39
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 571.51
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1741
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Porch: Deck,Front
  • Fixture Exception Description: Flat Screen TV
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Fan, Exhaust Hood, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1741
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation, Outbuilding(s), Shed(s), Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Denver
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Ramp, Covered structure, Dock, Pier, Dock
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • 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
  • CAR_YearlyHOAExpense: 0.00

Lot Info

  • Lot Features: Lake On Property, Lake Access, Level, Long Range View, Private, Views, Water View, Waterfront, Year Round View
  • Lot Size Area: 0.51
  • Lot Size Units: Acres
  • Parcel Number: 30235
  • Plat Book Slide: C
  • Zoning Description: R-SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 057
  • RATIO List Price By Tax Amount: 1.85244

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

Closed on
Dec 30, 2022
Sold by
Wegh William Walter and Wegh Tara
Bought by
Wegh Revocable Trust
Current Estimated Value
$1,273,353

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 3, 2022
Sold by
Dellinger Lois S
Bought by
Wegh William Walter and Wegh Tara
Seller's Agent
Jill Barnes
Sellstate Choice Realty
Buyer's Agent
Jill Barnes
Sellstate Choice Realty
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$595,000
Interest Rate
5.13%
Mortgage Type
New Conventional
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
Wegh Revocable Trust -- --
Wegh William Walter $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wegh William Walter $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $995,000 0.0% $572 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $995,000 -- $572 / 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 $5,571 $899,230 $546,095 $353,135
2024 $5,347 $869,152 $546,095 $323,057
2023 $5,342 $869,152 $546,095 $323,057
2022 $4,084 $537,130 $326,827 $210,303
2021 $4,111 $537,130 $326,827 $210,303
2020 $3,744 $537,130 $326,827 $210,303
2019 $3,744 $537,130 $326,827 $210,303
2018 $3,567 $495,102 $322,755 $172,347
2017 $3,464 $494,902 $322,755 $172,147
2016 $3,362 $0 $322,755 $159,538
2015 $3,529 $482,293 $322,755 $159,538
2014 $3,664 $522,179 $371,566 $150,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3892174

Canopy MLS (Canopy Realtor® Association)

APN: 30235