NOT LISTED FOR SALE

3840 Azalea Trail Unit 5 Denver, NC 28037

Estimated Value: $226,000 - $286,000

1 Bed
1 Bath
950 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $235,000 $247 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,578/month

3 Days on Market

Highlights

  • Water Views
  • Laundry closet
  • 1-Story Property
  • Active Adult
  • Tile Flooring
  • Attached Carport

About This Home

As of December 2023

Immaculately maintained patio home situated in the sought-after 55+ community of THE TERRACES. This open-concept residence boasts a coveted end unit position, providing a serene backdrop of a private wooded area and a community pond with a scenic walking trail. The primary bedroom is a haven of comfort, featuring an ensuite full bath with a spacious walk-in shower, complete with a seat, and an expansive walk-in closet. The kitchen and living room showcase elegant vaulted ceilings, adding a touch of sophistication to the space. A covered carport adds convenience to parking.

Residents can enjoy the vibrant lifestyle offered by the community clubhouse, hosting a variety of activities throughout the week. The community itself features a charming pond with a fountain, creating a tranquil atmosphere. Conveniently located near shopping and dining options, and with Charlotte Douglas International Airport approximately 30 minutes away.

Last Agent to Sell the Property

Gary Espin

Espin Realty Brokerage Email: garyespin@yahoo.com License #229700 Listed on: 12/01/2023

Last Buyer's Agent

Betsy Jasinski

C-A-RE Realty License #259438

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1998

Lot Details

  • 1,742

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Attached Carport
  • 2 Open Parking Spaces

Utilities

  • Heat Pump System

Community Details

  • Active Adult
  • Csi Property Mangement Association
  • The Terraces Condos
  • The Terraces Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 74487

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,367

Year Built

Built in 1998

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1998
  • Road Surface Type: Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 247.37
  • Geocode Confidence: High
  • Attribution Contact: garyespin@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 950
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 950
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 950
  • Bedroom Main: 1
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: County Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Fifty Five and Older
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Terraces
  • Senior Community: Yes
  • Association Name: CSI Property Mangement
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1980.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.049
  • Lot Size Units: Acres
  • Parcel Number: 74487
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-S

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Dec 13, 2023
Sold by
Salter Randolph and Salter Angela
Bought by
Abedi Angela C
Seller's Agent
Gary Espin
Espin Realty
Buyer's Agent
Betsy Jasinski
C-A-RE Realty
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Views
12
Current Estimated Value
$247,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,679
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
May 7, 2021
Sold by
Freeman Thomas D and Freeman Julie M
Bought by
Salter Randolph and Salter Angela

Purchase Details

Closed on
Mar 24, 2011
Sold by
Freeman Thomas D and Freeman Julie Mcmahan
Bought by
Freeman Joyce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,300
Interest Rate
4.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2008
Sold by
Fisicaro James J and Fisicaro Lucia T
Bought by
Freeman Thomas D and Freeman Joyce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2001
Bought by
Fisicaro James J and Fisicaro Lucia T

Purchase Details

Closed on
Apr 6, 1999
Bought by
Kyle Gilbert E and Kyle Audrey K
Source: Public Records

Range of Values:

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Average Value
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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
Abedi Angela C $235,000 None Listed On Document
Salter Randolph $170,000 None Available
Freeman Joyce W -- None Available
Freeman Thomas D $112,000 None Available
Fisicaro James J $93,500 --
Kyle Gilbert E $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Joyce W $15,300
Previous Owner Freeman Thomas D $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $235,000 -1.7% $247 / Sq Ft
12/01/2023 12/01/23 For Sale $239,000 -- $252 / 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 $1,367 $202,859 $31,000 $171,859
2024 $1,343 $202,859 $31,000 $171,859
2023 $1,338 $202,859 $31,000 $171,859
2022 $1,042 $125,122 $25,000 $100,122
2021 $1,033 $125,122 $25,000 $100,122
2020 $447 $125,122 $25,000 $100,122
2019 $447 $125,122 $25,000 $100,122
2018 $418 $101,219 $23,500 $77,719
2017 $367 $101,219 $23,500 $77,719
2016 $366 $101,219 $23,500 $77,719
2015 $418 $101,219 $23,500 $77,719
2014 $864 $107,290 $25,000 $82,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4091406

Canopy MLS (Canopy Realtor® Association)

APN: 74487