J
Seller's Agent in 2025
Jacob Brown
Covenant Realty
(704) 252-4566
17 Total Sales
2494 Cherry Ln Denver, NC 28037
Estimated Value: $1,347,000 - $1,678,000
3
Beds
3
Baths
3,488
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Docks
- Waterfront
- Contemporary Architecture
- St. James Elementary School Rated A-
- Deck
- Wooded Lot
About This Home
As of September 2024PRICE REDUCED!!!
NEWLY RENOVATED WATERFRONT HOME ON LAKE NORMAN!! Welcome to this rare, beautifully updated Lake Norman waterfront home on a FULL ACRE — an incredible find! With 5 bedrooms in the home but septic is only rated for (3) and 3 bathrooms, this home blends modern elegance with lakeside charm. The open layout showcases a cohesive blue and gold theme, hardwood floors, and a striking navy fireplace. The custom-designed chef’s kitchen features quartz counters, a waterfall island, custom cabinetry, and gold-accented lighting. Enjoy a spacious deck with both open and screened areas. Downstairs offers a large entertainment space with a wet bar and pool table. Come see your next home on the much desired and beloved LAKE NORMAN!! Schedule your private showing and experience luxury lakeside living at its best! Click this link for a virtual tour!!!
Last Agent to Sell the Property
Lake Norman Realty, Inc. Brokerage Phone: 704-495-5543 License #282103 Listed on: 06/19/2024
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Year Built
- Built in 1994
Lot Details
- Lot Dimensions are 122 x 484 x 167 x 430
- Waterfront
- Wooded Lot
- Property is zoned R-SF
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Wood Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Propane Fireplace
- Great Room with Fireplace
- Screened Porch
- Water Views
- Electric Cooktop
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Stubbed For A Bathroom
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Docks
- Deck
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Tranquil Harbor Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 54220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Sep 2, 2024
Sold by
Spainhour Karen M
Bought by
Amba Jaap Home Llc
Seller's Agent
Holly Zammiello
Lake Norman Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,049,000
Sold Price
$900,000
Premium/Discount to List
-$149,000
-14.2%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,991
Avg. Annual Appreciation
53.27%
Original Mortgage
$720,000
Outstanding Balance
$712,297
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$855,694
Purchase Details
Closed on
Dec 17, 1998
Bought by
Murphy Anne Stone
Purchase Details
Closed on
Dec 22, 1995
Bought by
Fisher Dean E
Purchase Details
Closed on
Mar 14, 1994
Bought by
Hecht Development Co
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amba Jaap Home Llc | $900,000 | None Listed On Document | |
| Murphy Anne Stone | $335,500 | -- | |
| Fisher Dean E | $237,000 | -- | |
| Hecht Development Co | $44,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amba Jaap Home Llc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Price Changed | $1,650,000 | -0.9% | $473 / Sq Ft |
| 11/01/2025 11/01/25 | Price Changed | $1,665,000 | -0.6% | $477 / Sq Ft |
| 09/26/2025 09/26/25 | Price Changed | $1,675,000 | -0.6% | $480 / Sq Ft |
| 08/29/2025 08/29/25 | Price Changed | $1,685,000 | -0.8% | $483 / Sq Ft |
| 07/29/2025 07/29/25 | Price Changed | $1,698,000 | -2.9% | $487 / Sq Ft |
| 07/12/2025 07/12/25 | For Sale | $1,748,000 | +94.2% | $501 / Sq Ft |
| 09/16/2024 09/16/24 | Sold | $900,000 | -5.3% | $258 / Sq Ft |
| 07/09/2024 07/09/24 | Price Changed | $950,000 | -9.4% | $272 / Sq Ft |
| 06/19/2024 06/19/24 | For Sale | $1,049,000 | -- | $301 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,738 | $926,820 | $383,663 | $543,157 |
| 2024 | $5,694 | $926,820 | $383,663 | $543,157 |
| 2023 | $2,849 | $926,820 | $383,663 | $543,157 |
| 2022 | $2,251 | $592,943 | $308,112 | $284,831 |
| 2021 | $2,266 | $592,943 | $308,112 | $284,831 |
| 2020 | $4,133 | $592,943 | $308,112 | $284,831 |
| 2019 | $4,133 | $592,943 | $308,112 | $284,831 |
| 2018 | $3,756 | $522,164 | $288,967 | $233,197 |
| 2017 | $3,655 | $522,164 | $288,967 | $233,197 |
| 2016 | $3,639 | $522,164 | $288,967 | $233,197 |
| 2015 | $3,814 | $522,164 | $288,967 | $233,197 |
| 2014 | $3,817 | $544,396 | $324,142 | $220,254 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Brown
-
Curtis Gravitt
Seller Co-Listing Agent in 2025
Curtis Gravitt
Covenant Realty
(980) 318-8010
38 Total Sales
-
Holly Zammiello
Seller's Agent in 2024
Holly Zammiello
Lake Norman Realty, Inc.
(704) 495-5543
54 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4152382
APN: 54220
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