$990,000
SOLD OCT 1, 2020

3937 Cindy Ln Denver, NC 28037

4 Beds
3.5 Baths
5,765 Sq Ft
1.35 Acres

Recently Sold

$172 Per Sq Ft

14% Below List Price

15 Days on Market

Highlights

  • Spa
  • Waterfront
  • Community Lake
  • Rock Springs Elementary School Rated A
  • Open Floorplan
  • Traditional Architecture

About This Home

As of August 2024

This stunning WATERFRONT property on Lake Norman is situated on 1.35 acres with a dredged deep water dock, covered boat slip, 8,000 lb. boat lift, 2 jet ski ramps, and an outdoor entertainment area with fireplace and a relaxing hot tub. The dredged, protected cove is great for swimming, kayaking & paddle boarding. Level lot can accommodate a future pool. This elegant estate home boasts a gourmet kitchen with top-of-the line appliances, island, breakfast bar and wet bar, formal dining room, study, 2 master suites (one down), billiard room, and a 850 bottle wine room. Only the finest materials have been used in the construction of this gorgeous home, 4" Brazilian hardwood floors, carved marble mantel in great room and master, ironwood shutters, front porch & back stairs and a solid mahogany entry door. Billiard room can become an in-law suite, backstairs can be converted to an elevator. Newly purchased whole house generator. Freshly painted inside & out. This is truly a remarkable home.

Last Agent to Sell the Property

Katrina Rockel

Keller Williams Lake Norman License #244520 Listed on: 08/06/2020

Keller Williams Lake Norman

Last Buyer's Agent

Renee Hornor

Premier South License #287861

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Spa
  • Outdoor Fireplace
  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Kuester Association, Phone Number (704) 894-9052
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 81999

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86087
  • Ratio Close Price By Original Li: 0.86087
  • Ratio Current Price By Acre: 733333.33
  • Ratio Current Price By Sq Ft: 171.73
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: g-Sealed Crawl Space
  • Upper Level Sq Ft: 2900
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Double Oven, Generator, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Security System, Self Cleaning Oven, Surround Sound
  • Fireplace Description: Great Room, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: Yes, Bell on dock, Sidelight inserts on Front door do not convey will be clear glass. Billards table does not convey.
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-894-9052
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2865
  • Total Sq Ft: 5765

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Irrigation, Outdoor Fireplace, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer, Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rock Springs
  • Middle School: North Lincoln
  • High School: North Lincoln

Lot Info

  • Lot Features: Lake, Waterfront
  • Lot Size Area: 1.350
  • Parcel Number: 81999
  • Plat Book Slide: 13/231
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 842713.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 27, 2024
Sold by
Dopman William Conrad and Dopman Janice Ellen
Bought by
Osman Cemal J and Braganza Michelle Ann
Seller's Agent
Eric Maynard
Keller Williams Unified
Buyer's Agent
Lou Sorrento
Sorrento Realty Group LLC
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%
Total Days on Market
15
Views
19
Current Estimated Value
$1,596,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,783
Avg. Annual Appreciation
6.24%
Original Mortgage
$600,000
Outstanding Balance
$596,336
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,000,447

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 29, 2020
Sold by
Mcmahon William J and Mcmahon Barbara J
Bought by
Dopman William Conrad and Dopman Janice Ellen
Seller's Agent
Katrina Rockel
Keller Williams Lake Norman
Buyer's Agent
Renee Hornor
Premier South
List Price
$1,150,000
Sold Price
$990,000
Premium/Discount to List
-$160,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Terrvest Llc
Bought by
Mcmahon William J and Mcmahon Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Aug 8, 2005
Sold by
Cliffs Of Denver Llc
Bought by
Terrvest Llc

Purchase Details

Closed on
Dec 13, 2002
Bought by
Cliffs Of Denver Llc
Source: Public Records

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Range of Values:

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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 $1,525,000 None Listed On Document
Warranty Deed $990,000 None Available
Warranty Deed $275,000 None Available
Warranty Deed $235,000 None Available
Deed $2,671,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $385,375 New Conventional
Previous Owner $416,842 Unknown
Previous Owner $160,000 Credit Line Revolving
Previous Owner $925,000 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $1,525,000 -4.7% $282 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $1,600,000 +4.9% $296 / Sq Ft
07/15/2024 07/15/24 Off Market $1,525,000 -- --
06/07/2024 06/07/24 For Sale $1,600,000 +61.6% $296 / Sq Ft
10/01/2020 10/01/20 Sold $990,000 -13.9% $172 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,150,000 -- $199 / 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 $7,834 $1,279,266 $371,866 $907,400
2023 $7,834 $1,279,266 $371,866 $907,400
2022 $6,458 $855,955 $283,210 $572,745
2021 $6,398 $842,713 $283,210 $559,503
2020 $6,017 $842,713 $283,210 $559,503
2019 $6,017 $842,713 $283,210 $559,503
2018 $5,793 $755,260 $270,435 $484,825
2017 $5,483 $755,260 $270,435 $484,825
2016 $5,464 $755,260 $270,435 $484,825
2015 $5,691 $755,260 $270,435 $484,825
2014 $5,899 $821,579 $347,850 $473,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3648484

Canopy MLS (Canopy Realtor® Association)

APN: 81999