NOT LISTED FOR SALE

264 Crosscut Dr Denver, NC 28037

Estimated Value: $695,000 - $799,000

5 Beds
4.5 Baths
4,959 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $460,000 $93 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,189/month

4 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Catawba Springs Elementary School Rated A
  • Pond
  • Transitional Architecture

About This Home

As of June 2019

A stunning home & setting in Prospect Hill with completely separate in-law quarters! A complete 2-bed, 2 bath living area on lower level w/ kitchen, dining, family, laundry, exercise, office & separate driveway w/ 2-car garage. Large ground-level covered patio. Main level boasts spectacular great room w/ huge fireplace, vaulted ceilings & a wall of windows overlooking the deck & pond. Plenty of room in the kitchen is where family and friends will gather. Dining area also has a fireplace and is steps away from the enclosed patio area w/ more extraordinary views. The massive master bedroom & bath both have large window views of the backyard beauty, walk-in shower & an amazing walk-in closet w/ built-in shelving provide ample space. The 2nd bedroom w/ attached full bath is perfect for out of town guests or visits from family & a quaint upstairs bedroom can also be used as an office. The main level also has a 2-car garage. Incredible private home & setting!

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 05/21/2019

Last Buyer's Agent

Ashley Pagliughi

Southern Homes of the Carolinas, Inc License #227089

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Open Lot
  • Many Trees

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Stucco Exterior

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Pond
  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 51398
  • Tax Block 96

Community Details

Overview

  • Prospect Hill Community Assoc Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$22 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.03371
  • Ratio Close Price By Original Li: 1.03371
  • Ratio Current Price By Acre: 822898.03
  • Ratio Current Price By Sq Ft: 92.76
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 240
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Gas Dryer Hookup, Gas Range, Microwave, Exhaust Hood, Self Cleaning Oven, Natural Gas, Gas Oven
  • Fireplace Description: Gas Logs, Great Room, Kitchen, Natural Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Basement
  • Room Count: 3
  • Second Living Quarters: Interior Connected
  • Second Living Quarters Hla: 2121
  • Second Living Quarters Sq Ft: 517
  • Sq Ft Basement: 2121
  • Main Level Sq Ft: 2598
  • Total Sq Ft: 4959
  • Sq Ft Unheated Basement: 517
  • Sq Ft Unheated Main: 506
  • Sq Ft Unheated Total: 1023

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 4+ Car, Side Load Garage

Utilities

  • Heating: Central Air, Wall Unit - AC, Wall Unit Heat
  • Sewer: City Sewer
  • Water: Public Water
  • Water Heater: Electric, Natural Gas

Condo/Co-op/Association

  • Community Features: Pond, Street Lights, Walking Trails
  • Association Fee: 265.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Prospect Hill Community Assoc
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Open Lot, Lake, Trees, Views, Water view, Waterfront, Year Round View
  • Parcel Number: 51398
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 423312.00
  • Tax Block: 96
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 21, 2019
Sold by
Toste Michael Troy and Toste Erin Rachelle
Bought by
Schmidt Fannon Terry Michael and Schmidt Fannon Denise
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Ashley Pagliughi
Southern Homes of the Carolinas, Inc
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Current Estimated Value
$730,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,363
Avg. Annual Appreciation
7.29%
Original Mortgage
$250,000
Outstanding Balance
$219,811
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$510,552

Purchase Details

Closed on
Oct 5, 2017
Sold by
Robert Alan Merck
Bought by
Toste Michael and Toste Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.85%

Purchase Details

Closed on
May 22, 2015
Sold by
Martinez Irener T and Martinez Tonia L
Bought by
Toste Michael Troy and Toste Erin Rachelle

Purchase Details

Closed on
Jun 24, 1999
Bought by
Martinez Irner T and Martinez Tonia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schmidt Fannon Terry Michael $460,000 None Available
Toste Michael -- --
Toste Michael Troy $399,000 None Available
Martinez Irner T $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Fannon Terry Michael $250,000
Previous Owner Toste Michael $50,000
Previous Owner Toste Michael --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $460,000 +3.4% $93 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $445,000 -- $90 / 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 $4,170 $667,275 $62,000 $605,275
2024 $4,133 $667,275 $62,000 $605,275
2023 $4,128 $667,275 $62,000 $605,275
2022 $3,406 $445,278 $50,000 $395,278
2021 $3,428 $445,278 $50,000 $395,278
2020 $3,104 $445,278 $50,000 $395,278
2019 $2,950 $423,312 $50,000 $373,312
2018 $2,543 $348,823 $42,250 $306,573
2017 $2,442 $348,823 $42,250 $306,573
2016 $2,431 $348,823 $42,250 $306,573
2015 $2,576 $348,823 $42,250 $306,573
2014 $2,574 $363,278 $44,500 $318,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3500477

Canopy MLS (Canopy Realtor® Association)

APN: 51398