NOT LISTED FOR SALE

2506 Gallery Dr Unit 11 Denver, NC 28037

Estimated Value: $321,411 - $336,000

3 Beds
2.5 Baths
1,617 Sq Ft
$116/mo HOA Fee

Last Sold July 03, 2017

Last sale price $203,900 $126 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,019/month

159 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • St. James Elementary School Rated A-
  • Under Construction
  • Clubhouse

About This Home

As of July 2017

This home is located at 2506 Gallery Dr Unit 11, Denver, NC 28037 since 01 December 2016 and is currently estimated at $327,353, approximately $202 per square foot. This property was built in 2016. 2506 Gallery Dr Unit 11 is a home located in Lincoln County with nearby schools including St. James Elementary School, North Lincoln Middle School, and North Lincoln High School.

Last Agent to Sell the Property

Brad Baranowski

ElleBee Realty and Associates License #274288 Listed on: 12/01/2016

Last Buyer's Agent

Brad Baranowski

ElleBee Realty and Associates License #274288 Listed on: 12/01/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 1,873

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

Overview

  • Madison Simmons Townhouse Association, Phone Number (980) 233-1239
  • Built by Madison-Simmons

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,061

Year Built

Built in 2016 | Under Construction

Lot Details

0

HOA Fees

$116 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.93148
  • Ratio Current Price By Sq Ft: 126.10
  • Unit Floor Level: 1
  • Year Built: 2016
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 400
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Electric Oven
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 980-233-1239
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1217
  • Total Sq Ft: 1617

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car, Garage Door Opener

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course
  • Association Fee: 115.75
  • Association Fee Frequency: Monthly
  • Complex Name: Westport Lakeside
  • HOA Management Company: Madison Simmons Townhouse
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 0000-0000
  • Zoning Specification: Resident

Building Info

  • Builder Name: Madison-Simmons

Tax Info

  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
George Raquel M
Bought by
Melici Steven and Melici Bea Ann
Current Estimated Value
$327,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$185,468
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$141,885

Purchase Details

Closed on
Jun 20, 2019
Sold by
George Raquel M and George Raquel M
Bought by
George Raquel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,094
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jun 30, 2017
Sold by
Madison Simmons Townhomes Llc
Bought by
George Raquel M
Seller's Agent
Brad Baranowski
ElleBee Realty and Associates
Buyer's Agent
Brad Baranowski
ElleBee Realty and Associates
List Price
$218,900
Sold Price
$203,900
Premium/Discount to List
-$15,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$197,094
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2016
Sold by
Westport Lakeside No 2 Llc
Bought by
Madison Simmons Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Melici Steven $315,000 None Listed On Document
George Raquel M -- None Available
George Raquel M $204,000 None Available
Madison Simmons Townhomes Llc $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melici Steven $190,000
Previous Owner George Raquel M $197,094
Previous Owner George Raquel M $197,094
Previous Owner Madison Simmons Townhomes Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $203,900 -6.9% $126 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $218,900 -- $135 / 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 $2,061 $317,973 $45,000 $272,973
2024 $2,032 $317,973 $45,000 $272,973
2023 $2,027 $317,973 $45,000 $272,973
2022 $1,765 $223,274 $40,000 $183,274
2021 $1,776 $223,274 $40,000 $183,274
2020 $1,556 $223,274 $40,000 $183,274
2019 $1,556 $223,274 $40,000 $183,274
2018 $1,360 $179,804 $33,500 $146,304
2017 $593 $84,706 $33,500 $51,206
2016 $174 $0 $0 $0
2015 $178 $25,000 $25,000 $0
2014 $113 $16,500 $16,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3234587

Canopy MLS (Canopy Realtor® Association)

APN: 88149