2494 Cherry Ln Denver, NC 28037
3
Beds
3
Baths
3,488
Sq Ft
1.01
Acres
Highlights
- Docks
- Waterfront
- Contemporary Architecture
- St. James Elementary School Rated A-
- Deck
- Wooded Lot
About This Home
As of September 2024Waterfront Home on Lake Norman is Located in Denver, NC and sits on 1 Acre, Property Features 3 Bedrooms & 2 Full Baths on the Main Level, Primary Bedroom Opens to a Deck Overlooking the Lake and Yard, 2-story Great Room with a Fireplace, Offering a Cozy Atmosphere and Access to a Screened Deck with Beautiful Lakefront Views. Finished Walkout Basement Boasts a Generously Sized Rec Room & Bar Area with Additional Flex Rooms in the Basement that can Serve as Extra Sleeping Quarters, an Office, Workout Space, or Craft Room. Full bath in the basement for added convenience. Garage Door Being Replaced June 27th. Access to recreational activities on Lake Norman, such as boating, fishing & waterfront dining. Overall, this Property Offers a Blend of Comfortable Living Spaces, Scenic Views of Lake Norman & the Potential to Customize and Update According to Personal Preferences. Its Location Near Major Highways & Charlotte Douglas International Airport adds Convenience for Travel and Commuting.
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
Est. Annual Taxes
- $5,694
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
- Propane Fireplace
- Great Room with Fireplace
- Screened Porch
- Linoleum Flooring
- Water Views
- Electric Cooktop
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$720,000
Outstanding Balance
$713,617
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$190,475
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
Similar Homes in Denver, NC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | None Listed On Document | |
| Deed | $335,500 | -- | |
| Deed | $237,000 | -- | |
| Deed | $44,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $351,000 | Unknown | |
| Previous Owner | $340,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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
J
Seller's Agent in 2025
Jacob Brown
Covenant Realty
(704) 252-4566
16 Total Sales
-
Holly Zammiello
Seller's Agent in 2024
Holly Zammiello
Lake Norman Realty, Inc.
(704) 495-5543
59 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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