NOT LISTED FOR SALE

2888 Cherry Ln Denver, NC 28037

Estimated Value: $1,572,000 - $2,387,000

5 Beds
5 Baths
5,136 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $846,000 $165 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $10,196/month

93 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • St. James Elementary School Rated A-
  • Traditional Architecture
  • Attached Garage

About This Home

As of November 2017

HOME WARRANTY W/ HVAC COVERAGE INCLUDED Great location, over 5000 sq ft, 1000 sq ft in temperature controlled storage, almost 1 acre, 156 ft. of shoreline, deep water, covered aluminum dock, privacy of a cove with big water views, 10 ft ceilings, sprinkler system throughout the home, Water views throughout, master on the main floor, hardwood floors, white kitchen cabinets with granite countertops, island, tray ceilings, Walkout basement, 2nd living quarters, ample storage space, large great room

Last Agent to Sell the Property

Marty Wilcox

Lake Norman Realty, Inc. License #294351 Listed on: 07/28/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Traci Roberts

Realty ONE Group Select License #280911

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Irrigation

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 56231

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0.93 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.92057
  • Ratio Close Price By Original Li: 0.88134
  • Ratio Current Price By Acre: 903846.15
  • Ratio Current Price By Sq Ft: 164.72
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Concrete
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Cable Available, Kitchen Island, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 1712
  • Sq Ft Basement: 2046
  • Main Level Sq Ft: 3090
  • Total Sq Ft: 5136
  • Sq Ft Unheated Main: 1494
  • Sq Ft Unheated Total: 1494

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Pier
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Golf Cart Garage, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Features: Waterfront, Water view, Lake Access, Year Round View
  • Parcel Number: 56231
  • Zoning: Residential
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 731867.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Nov 21, 2017
Sold by
Nichols Geraldine Crisp
Bought by
Howard Roger and Howard Leeah
Seller's Agent
Marty Wilcox
Lake Norman Realty, Inc.
Buyer's Agent
Traci Roberts
Realty ONE Group Select
List Price
$959,900
Sold Price
$846,000
Premium/Discount to List
-$113,900
-11.87%
Current Estimated Value
$1,847,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,764
Avg. Annual Appreciation
9.97%
Original Mortgage
$424,000
Outstanding Balance
$355,573
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,492,191

Purchase Details

Closed on
May 1, 2007
Sold by
Poquette Gereon E and Poquette Barbara D
Bought by
Nichols Grady R and Nichols Geraldine C

Purchase Details

Closed on
Mar 20, 2001
Bought by
Nichols Grady R and Nichols Geraldine C

Purchase Details

Closed on
Dec 7, 1994
Bought by
Beach Ivan T
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
Howard Roger $846,000 None Available
Nichols Grady R $100,000 None Available
Nichols Grady R $175,000 --
Beach Ivan T $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Roger $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $846,000 -11.9% $165 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $959,900 -- $187 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $8,126 $1,322,234 $564,832 $757,402
2024 $8,072 $1,322,234 $564,832 $757,402
2023 $8,067 $1,322,234 $564,832 $757,402
2022 $6,296 $836,420 $345,648 $490,772
2021 $6,338 $836,420 $345,648 $490,772
2020 $5,830 $836,420 $345,648 $490,772
2019 $5,830 $836,420 $345,648 $490,772
2018 $5,224 $731,867 $325,428 $406,439
2017 $5,123 $731,867 $325,428 $406,439
2016 $5,101 $731,867 $325,428 $406,439
2015 $5,311 $731,867 $325,428 $406,439
2014 $5,382 $772,635 $366,196 $406,439
Source: Public Records

Agents Affiliated with this Home

  • Marty Wilcox

    Seller's Agent in 2017

    Marty Wilcox

    Lake Norman Realty, Inc.

    (704) 745-7176

    95 Total Sales

    Marty Wilcox
    Section Image

  • T

    Buyer's Agent in 2017

    Traci Roberts

    Realty ONE Group Select

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3304478

Canopy MLS (Canopy Realtor® Association)

APN: 56231

North Carolina Lincoln County Denver 28037

2888 Cherry Ln, Denver, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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