NOT LISTED FOR SALE

2778 Cherry Ln Denver, NC 28037

Estimated Value: $1,812,000 - $2,194,000

3 Beds
2.5 Baths
3,690 Sq Ft
$530/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $1,775,000 $481 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,331/month

145 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Open Floorplan
  • St. James Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of April 2022

Your search for the perfect lake house is over. Updated ranch home w/ finished basement located on a premier park-like lot. Open floorplan, vaulted ceilings, wide-plank hardwood floors, custom built-ins, plantation shutters, custom lighting, stone fireplace, & freshly painted interiors. White cabinets, new gourmet Jenn-Air appliances, 48 Refrig, granite countertops & oversized island w/ induction cooktop. Main floor primary bedroom & updated ensuite bathroom w/ two walk-in closets, heated floors & lighted cabinets, office & laundry. The lower level has a Family room w/ wet bar, beverage cooler, & microwave, FP & built-ins, oversized secondary bedrooms w/ separate entrance. A multi-level deck leads you to the amazing backyard w/ a gazebo, paver patio, fountain, fireplace, pergola, & outdoor kitchen. Custom dock w/ wire railing & lighting offer 2 levels of fun. The upper level has a jump platform into the lake where the depth has been dredged to 20", 2 lifts. 1 covered the other is open.

Last Agent to Sell the Property

Susan Dolan

Ivester Jackson Properties License #268094 Listed on: 11/13/2021

Last Buyer's Agent

Heather Mackey

Mackey Realty LLC License #262331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as R-SF

Home Design

  • Arts and Crafts Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Propane Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Convection Oven
  • Electric Oven
  • Induction Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Pier
  • Boat Lift
  • Deck
  • Glass Enclosed
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Gazebo
  • Shed
  • Pergola
  • Outbuilding

Schools

  • East Lincoln Middle School
  • East Lincoln High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Custom
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 32087

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,008

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1986
  • Ratio Current Price By Acre: 2472144.85
  • Restrictions: Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Outside Entrance, Block
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Skylight(s), Split Bedroom, Walk-In Closet(s), Wet Bar
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2284
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 259
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 259
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Enclosed Patio,Patio,Screened
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), Convection Oven, Electric Cooktop, Dishwasher, Disposal, Electric Oven, Plumbed For Ice Maker, Induction Cooktop, Microwave, Network Ready, Propane Cooktop, Security System, Self Cleaning Oven, Trash Compactor, Wall Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1406
  • Fireplace Features: Family Room, Gas Log, Great Room, Propane
  • Living Area: 3690
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Gazebo, In-Ground Irrigation, Outbuilding(s), Outdoor Fireplace, Outdoor Kitchen, Pergola, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Catawba Springs
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Pier, Dock
  • Waterfront Elevation: 1000
  • Construction Type: Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 499
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Lake
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: East Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Lake Access, Level, Long Range View, Sloped, Wooded, Views, Water View, Waterfront
  • Lot Size Area: 0.718
  • Lot Size Units: Acres
  • Parcel Number: 32087
  • Lot Size: irr
  • Zoning Description: R-SF

Building Info

  • Builder Name: Custom

Tax Info

  • RATIO List Price By Tax Amount: 2.50925

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Apr 8, 2022
Sold by
Kleiner Laurence I and Kleiner Karen P
Bought by
Corwin Caleb and Corwin Erin
Seller's Agent
Susan Dolan
Ivester Jackson Properties
Buyer's Agent
Heather Mackey
Mackey Realty LLC
List Price
$1,995,000
Sold Price
$1,775,000
Premium/Discount to List
-$220,000
-11.03%
Current Estimated Value
$1,957,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,069
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,508,750
Outstanding Balance
$1,426,244
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$530,825

Purchase Details

Listed on
Nov 13, 2021
Closed on
Apr 5, 2022
Sold by
Kleiner Laurence I and Kleiner Karen P
Bought by
Corwin Caleb and Corwin Erin
Seller's Agent
Susan Dolan
Ivester Jackson Properties
Buyer's Agent
Heather Mackey
Mackey Realty LLC
List Price
$1,995,000
Sold Price
$1,775,000
Premium/Discount to List
-$220,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,508,750
Outstanding Balance
$1,426,244
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$530,825

Purchase Details

Closed on
Sep 30, 2011
Sold by
Lovvorn Jeffrey P and Lovvorn Debbie
Bought by
Kleiner Laurence I and Kleiner Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Bought by
Lovvorn Jeffrey P and Lovvorn Debbie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Corwin Caleb $1,775,000 Blake Elizabeth K
Corwin Caleb $1,775,000 Blake Elizabeth K
Kleiner Laurence I $652,000 None Available
Lovvorn Jeffrey P $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corwin Caleb $1,508,750
Previous Owner Kleiner Laurence I $200,000
Previous Owner Kleiner Laurence I $48,000
Previous Owner Kleiner Laurence I $250,000
Previous Owner Kleiner Laurence I $125,250
Previous Owner Kleiner Laurence I $417,000
Previous Owner Kleiner Laurence I $67,500
Previous Owner Lovvorn Jeffrey P $674,000
Previous Owner Lovvorn Jeffrey P $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,775,000 -6.3% $481 / Sq Ft
01/09/2022 01/09/22 Price Changed $1,895,000 -5.0% $514 / Sq Ft
11/13/2021 11/13/21 For Sale $1,995,000 -- $541 / 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 $8,008 $1,302,632 $671,540 $631,092
2024 $7,954 $1,302,632 $671,540 $631,092
2023 $7,772 $1,273,204 $671,540 $601,664
2022 $5,696 $755,207 $410,435 $344,772
2021 $5,734 $755,207 $410,435 $344,772
2020 $5,264 $755,207 $410,435 $344,772
2019 $5,264 $755,207 $410,435 $344,772
2018 $4,911 $687,154 $391,160 $295,994
2017 $4,810 $687,154 $391,160 $295,994
2016 $4,789 $687,154 $391,160 $295,994
2015 $4,845 $666,529 $391,160 $275,369
2014 $4,687 $671,269 $445,495 $225,774
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3804210

Canopy MLS (Canopy Realtor® Association)

APN: 32087