NOT LISTED FOR SALE

4227 Teal Dr Unit 51 Denver, NC 28037

Estimated Value: $468,000 - $508,000

3 Beds
2 Baths
2,305 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $285,000 $124 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,891/month

190 Days on Market

Highlights

  • Under Construction
  • Clubhouse
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of January 2018

Covington at Lake Norman is a community of new homes in Denver, NC. Experience the Lake Norman lifestyle along with well-appointed homes that offer spacious and modern floor plans with extensive list of included features. Enjoy low maintenance yards with included sod and irrigation.

Last Agent to Sell the Property

Christine Powell

Mattamy Carolina Corporation License #286313 Listed on: 06/06/2017

Co-Listed By

Lauren Busto

Pilot Realty & Development License #291867

Last Buyer's Agent

Mark Lisy

Century 21 Murphy & Rudolph License #154470

Century 21 Murphy & Rudolph

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Fireplace

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 92976

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Built by D.R. Horton

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,092

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98551
  • Ratio Current Price By Acre: 1727272.73
  • Ratio Current Price By Sq Ft: 123.64
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 422
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Natural Gas, Network Ready
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1883
  • Total Sq Ft: 2305
  • Sq Ft Unheated Main: 432
  • Sq Ft Unheated Total: 432

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool
  • Association Fee: 175.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 50x120x60x120
  • Lot Features: Wooded
  • Lot Size Area: 0.165
  • Parcel Number: 92976
  • Plat Book Slide: 17-29
  • Zoning: Residential
  • Zoning Specification: PD-R-CU

Building Info

  • Builder Name: D.R. Horton

Tax Info

  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Bouchard Kala and Bouchard Judy
Bought by
Opendoor Property Trust
Current Estimated Value
$487,125

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jan 12, 2018
Sold by
D R Horton Inc
Bought by
Bouchard Kala and Bouchard Judy
Seller's Agent
Christine Powell
Mattamy Carolina Corporation
Buyer's Agent
Mark Lisy
Century 21 Murphy & Rudolph
List Price
$289,189
Sold Price
$285,000
Premium/Discount to List
-$4,189
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$265,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Opendoor Property Trust $387,500 Os National Title
Bouchard Kala $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouchard Kala $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $285,000 -1.4% $124 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $289,189 -- $125 / 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 $3,092 $487,975 $82,000 $405,975
2024 $3,062 $487,975 $82,000 $405,975
2023 $3,057 $487,975 $82,000 $405,975
2022 $2,436 $313,245 $62,000 $251,245
2021 $2,414 $313,245 $62,000 $251,245
2020 $2,237 $313,245 $62,000 $251,245
2019 $2,237 $313,245 $62,000 $251,245
2018 $1,947 $254,291 $51,000 $203,291
2017 $62 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3247360

Canopy MLS (Canopy Realtor® Association)

APN: 92976