Seller's Agent in 2023
Scott Elliott
Lake Homes & Property
(704) 745-8460
9 Total Sales
2810 Cherry Ln Denver, NC 28037
Estimated Value: $4,502,000 - $5,015,000
6
Beds
9.5
Baths
12,813
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Water Views
- Covered Dock
- Pier
- St. James Elementary School Rated A-
- Assigned Boat Slip
- Boat Lift
About This Home
As of March 2023Experience completely re-imagined space designed with lake life in mind at this colorful and unique lakefront estate. Come ready to play at one of the best main channel locations Lake Norman has to offer, with four floors of unparalleled views. Room for all your toys at the covered stationary dock with double lifts and jetski pads. Outdoor pool and jacuzzi, sun deck, dance studio, gym and indoor pool. Every night is family game night in the amazing walk out game room which boasts a rear screen projection system, separate video game room, wine room and full size bar. Recent addition of a gentleman's retreat and office area does not disappoint, with room for games tables or golf simulator. With six ensuite bedrooms, including a “grown up” bunk room for last minute guests, you’ll never lack for space to host gatherings. Useful bonus spaces such as lake access “locker room” change area with shower, garage and covered storage/bbq.
Last Agent to Sell the Property
Lake Homes & Property License #287253 Listed on: 11/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,053
Year Built
- Built in 2002
Lot Details
- 0.83 Acre Lot
- Lot Dimensions are 126x219x225x230
- Cul-De-Sac
- Gated Home
- Level Lot
- Irrigation
- Property is zoned R-SF
Parking
- 4 Car Attached Garage
- Workshop in Garage
- Garage Door Opener
- Driveway
Home Design
- Transitional Architecture
- Four Sided Brick Exterior Elevation
Interior Spaces
- 4-Story Property
- Elevator
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Entrance Foyer
- Screened Porch
- Water Views
- Home Security System
- Finished Basement
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Indoor Grill
- Gas Range
- Microwave
- Dishwasher
- Wine Refrigerator
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Outdoor Features
- Pier
- Personal Watercraft Lift
- Waterfront has a Concrete Retaining Wall
- Boat Lift
- Assigned Boat Slip
- Covered Dock
- Patio
- Outdoor Fireplace
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Generator Hookup
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 31754
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2022
Closed on
Mar 9, 2023
Sold by
Wilson 5 Family Trust
Bought by
Bosman Donald G and Bosman Regina V
Seller's Agent
Scott Elliott
Lake Homes & Property
Buyer's Agent
Scott Elliott
Lake Homes & Property
List Price
$4,800,000
Sold Price
$4,500,000
Premium/Discount to List
-$300,000
-6.25%
Total Days on Market
93
Views
101
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
$359,977
Avg. Annual Appreciation
4.14%
Purchase Details
Closed on
Feb 25, 2021
Sold by
Schreier Martha J and Schreier Michael J
Bought by
Wilson James D and Wilson Collette E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2012
Sold by
Schreier Martha J
Bought by
Schreier Martha J and Schreier Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,934
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2000
Bought by
Schreier Martha J
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 |
|---|---|---|---|
| Bosman Donald G | $4,500,000 | -- | |
| Wilson James D | $2,900,000 | None Available | |
| Schreier Martha J | -- | Boston National Title Agency | |
| Schreier Martha J | $372,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wilson James D | $2,250,000 | |
| Previous Owner | Schreier Michael J | $760,000 | |
| Previous Owner | Schreier Martha J | $811,934 | |
| Previous Owner | Schreier Michael J | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2023 03/10/23 | Sold | $4,500,000 | -6.3% | $351 / Sq Ft |
| 02/02/2023 02/02/23 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | For Sale | $4,800,000 | -- | $375 / 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 | $27,053 | $4,478,460 | $755,050 | $3,723,410 |
| 2023 | $27,048 | $4,478,460 | $755,050 | $3,723,410 |
| 2022 | $20,936 | $2,817,419 | $461,137 | $2,356,282 |
| 2021 | $21,077 | $2,817,419 | $461,137 | $2,356,282 |
| 2020 | $19,637 | $2,817,419 | $461,137 | $2,356,282 |
| 2019 | $19,637 | $2,817,419 | $461,137 | $2,356,282 |
| 2018 | $21,699 | $3,079,322 | $436,950 | $2,642,372 |
| 2017 | $20,937 | $2,991,041 | $436,950 | $2,554,091 |
| 2016 | $20,848 | $2,991,041 | $436,950 | $2,554,091 |
| 2015 | $21,493 | $2,991,041 | $436,950 | $2,554,091 |
| 2014 | $22,363 | $3,248,335 | $494,837 | $2,753,498 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Elliott
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3917507
APN: 31754
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