$1,975,000
SOLD JUN 30, 2025

2818 Cherry Ln Denver, NC 28037

4 Beds
4.5 Baths
5,265 Sq Ft
0.95 Acres

Recently Sold

$375 Per Sq Ft

6% Below List Price

15 Days on Market

Highlights

  • Water Views
  • Covered Dock
  • Boat or Launch Ramp
  • St. James Elementary School Rated A-
  • Pier
  • Open Floorplan

About This Home

As of June 2025

A rare opportunity awaits on this incredible 0.95-acre waterfront lot with sweeping, mile-long views of Lake Norman in multiple directions. With 360 feet of shoreline lined entirely with rip rap, this property stands out as a prime location to build your dream home. Unlike many lakefront lots, this one has CITY WATER AND SEWER AVAILABLE AT THE STREET, giving you the freedom to expand your building plans without the limitations of a private system. But that’s not all—this lot also includes a covered dock and a private boat ramp, making lake access easy and enjoyable. While there is an all-brick home currently on the property, it’s likely best suited for a major renovation or teardown. For those considering a remodel, measurements and additional details about the existing structure are available. The current home is on a private well and septic system. Don’t miss this chance to own one of the most impressive lakefront lots on Lake Norman.

Last Agent to Sell the Property

Craig LePage

EXP Realty LLC Mooresville Brokerage Email: lepagejohnsonoffers@gmail.com License #244461 Listed on: 05/07/2025

EXP Realty LLC Mooresville

Last Buyer's Agent

Nicole Leininger

Ivester Jackson Distinctive Properties License #279887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1972

Lot Details

  • Irrigation
  • Property is zoned R-SF

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Screened Porch
  • Water Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Pier
  • Access To Lake
  • Waterfront has a Concrete Retaining Wall
  • Boat or Launch Ramp
  • Covered Dock
  • Outbuilding

Schools

  • St. James Elementary School
  • East Lincoln Middle School
  • East Lincoln High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 32644

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,401

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1972
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 375.12
  • Geocode Confidence: High
  • Attribution Contact: lepagejohnsonoffers@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3543
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 886
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Washer
  • Above Grade Finished Sq Ft: 4429
  • Has Basement: Exterior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 836
  • Fireplace Features: Den
  • Living Area: 5265
  • Bedroom Main: 2
  • Room Count: 15
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Dock, In-Ground Irrigation
  • New Construction: No
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Ramp, Covered structure, Pier, Retaining Wall
  • Construction Type: Brick Full
  • Other Structures: Outbuilding
  • Patio And Porch Features: Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 668
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Central, Electric
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 32644
  • Lot Size: Irregular
  • Additional Parcels: No
  • Zoning Specification: R-SF

MLS Schools

  • Elementary School: St. James
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jun 25, 2025
Sold by
Martin Jeraldeen Allen and Martin James Frederick
Bought by
Simm-Mcglory Krista and Mcglory Jeffrey
Seller's Agent
Craig LePage
EXP Realty LLC Mooresville
Buyer's Agent
Nicole Leininger
Ivester Jackson Distinctive Properties
List Price
$2,100,000
Sold Price
$1,975,000
Premium/Discount to List
-$125,000
-5.95%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.33%
Original Mortgage
$1,382,500
Outstanding Balance
$1,382,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$647,070

Purchase Details

Closed on
Dec 20, 1991
Bought by
Martin John Wiley and Jeraldeen Allen
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 Type Sale Price Title Company
Warranty Deed $1,975,000 Tryon Title
Warranty Deed $1,975,000 Tryon Title
Deed $287,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,382,500 New Conventional
Closed $1,382,500 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $99,999 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,975,000 -6.0% $375 / Sq Ft
05/07/2025 05/07/25 For Sale $2,100,000 -- $399 / 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
2024 $9,401 $1,543,294 $818,092 $725,202
2023 $9,396 $1,543,294 $818,092 $725,202
2022 $7,322 $975,210 $505,827 $469,383
2021 $7,371 $975,210 $505,827 $469,383
2020 $6,797 $975,210 $505,827 $469,383
2019 $6,797 $975,210 $505,827 $469,383
2018 $6,235 $861,352 $488,152 $373,200
2017 $6,029 $861,352 $488,152 $373,200
2016 $6,004 $861,352 $488,152 $373,200
2015 $6,235 $861,352 $488,152 $373,200
2014 $6,412 $922,814 $549,614 $373,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4253240

Canopy MLS (Canopy Realtor® Association)

APN: 32644