NOT LISTED FOR SALE

2838 Fay Jones Rd Denver, NC 28037

Estimated Value: $504,000 - $591,818

4 Beds
6 Baths
2,816 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $498,000 $177 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,146/month

68 Days on Market

Highlights

  • Under Construction
  • Transitional Architecture
  • Central Air
  • North Lincoln Middle School Rated A-
  • Living Room
  • 1 Car Garage

About This Home

As of March 2024

This home is located at 2838 Fay Jones Rd, Denver, NC 28037 since 14 December 2023 and is currently estimated at $552,455, approximately $196 per square foot. This property was built in 2023. 2838 Fay Jones Rd is a home located in Lincoln County with nearby schools including Pumpkin Center Primary, Pumpkin Center Intermediate, and North Lincoln Middle School.

Last Agent to Sell the Property

Cherie Loftin

Howard Hanna Allen Tate Mooresville/LKN Brokerage Email: cherie.loftin@allentate.com License #249987 Listed on: 12/14/2023

Howard Hanna Allen Tate Mooresville/LKN

Last Buyer's Agent

Aleks Manucharov

EXP Realty LLC Ballantyne License #293596

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Duplex
  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Laundry on upper level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all except water
  • Assessor Parcel Number 90334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,986

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Transitional
  • Year Built: 2023
  • Proposed Completion Date: 2024-01-31
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: cherie.loftin@allentate.com
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Laminate
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Dishwasher, Electric Range
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 2816
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2816
  • Building Stories: 2
  • Window Features: Insulated Window(s)

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 0.97
  • Lot Size Units: Acres
  • Parcel Number: 90334
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-T

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 22, 2024
Sold by
Koli Properties Llc
Bought by
Zeitouni Bassel
Seller's Agent
Cherie Loftin
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Aleks Manucharov
EXP Realty LLC Ballantyne
List Price
$505,000
Sold Price
$498,000
Premium/Discount to List
-$7,000
-1.39%
Views
81
Current Estimated Value
$552,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,455
Avg. Annual Appreciation
6.79%
Original Mortgage
$398,400
Outstanding Balance
$391,786
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$160,669

Purchase Details

Closed on
Mar 15, 2023
Sold by
Redhead Land & Development Llc
Bought by
Koli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2011
Sold by
Hoke Polly Petrea
Bought by
Hoke Austin Livingston
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
Zeitouni Bassel $498,000 None Listed On Document
Zeitouni Bassel $498,000 None Listed On Document
Koli Properties Llc $40,000 --
Koli Properties Llc $40,000 None Listed On Document
Hoke Austin Livingston -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeitouni Bassel $398,400
Closed Zeitouni Bassel $398,400
Previous Owner Koli Properties Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $498,000 +0.6% $177 / Sq Ft
02/07/2024 02/07/24 Price Changed $495,000 -2.0% $176 / Sq Ft
12/14/2023 12/14/23 For Sale $505,000 -- $179 / 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 $2,986 $463,534 $39,808 $423,726
2024 $1,003 $145,740 $39,808 $105,932
2023 $192 $31,808 $31,808 $0
2022 $169 $22,862 $22,862 $0
2021 $169 $22,862 $22,862 $0
2020 $164 $22,862 $22,862 $0
2019 $159 $22,862 $22,862 $0
2018 $160 $22,655 $22,655 $0
2017 $160 $22,655 $22,655 $0
2016 $160 $0 $0 $0
2015 $157 $22,655 $22,655 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4094399

Canopy MLS (Canopy Realtor® Association)

APN: 90334