NOT LISTED FOR SALE

4227 Teal Dr Unit 51 Denver, NC 28037

Estimated Value: $427,000 - $452,706

3 Beds
2 Baths
2,305 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2018

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

Est. 53% increase in value since last sale

Current estimated payment $2,676 / mo

190 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • 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

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x120x60x120
  • 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

Year Built

Built in 2017 | Newly Remodeled

Lot Details

6,970 Sq Ft Lot

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

Lot Info

  • Lot Dimension: 50x120x60x120
  • Lot Features: Wooded
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2025
Sold by
Bought by
Current Estimated Value
$435,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$344,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$91,677

Purchase Details

Closed on
Oct 1, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$344,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$91,677

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jan 12, 2018
Sold by
Bought by
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
5.16%
Original Mortgage
$265,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 None Listed On Document
$387,500 Os National Title
$285,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $344,000
Previous Owner $265,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Christine Powell

    Seller's Agent in 2018

    Christine Powell

    Mattamy Carolina Corporation

    (704) 731-1420

    162 Total Sales

    Christine Powell
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lauren Busto

    Pilot Realty & Development

    (704) 576-3066

    10 Total Sales

    Lauren Busto
    Section Image
  • Mark Lisy

    Buyer's Agent in 2018

    Mark Lisy

    Century 21 Murphy & Rudolph

    (704) 607-9041

    28 Total Sales

    Mark Lisy
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3247360

Canopy MLS

APN: 92976

North Carolina Lincoln County Denver 28037

4227 Teal Dr Unit 51, Denver, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.