NOT LISTED FOR SALE

4568 Ivy Run Ln Denver, NC 28037

Estimated Value: $958,000 - $1,488,000

4 Beds
3 Baths
2,833 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $875,000 $309 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,026/month

92 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Tile Flooring
  • Rock Springs Elementary School Rated A
  • Fireplace
  • Fire Pit

About This Home

As of February 2021

Big Views, Big Flat Lot! Lake Norman Waterfront property w/ over 320ft of shoreline. Hard to find flat yard, natural sandy beach & panoramic views! Located in a prime Denver location, on wide cove w/ main channel views. Grandfathered boat house. New hybrid dock w/ stationary sitting area, covered boat slip and swimming platform. Ranch home was built in 1977 and the 2-story brick addition completed in late 1980s.Home remodeled in 2019 w/ new flooring (all LVT & tile in basement),main floor kitchen w/ new appliances & granite, lower kitchen w/ new custom cabinets, granite,& backsplash, updated bathrooms, new water heater, 2 new TRANE hvac units. This property has been a successful VRBO! Enjoy lake life and bonus rental income. Great opportunity for an updated lake cottage on spectacular lot or rebuild & expand in to your dream home. Property is available furnished. No septic permit on file w/ county. #bedrooms of current system unknown.

Last Agent to Sell the Property

Elizabeth Brotherton

Southern Homes of the Carolinas, Inc License #251989 Listed on: 10/21/2020

Last Buyer's Agent

Dina Narciso

Rawson Realty, LLC License #290606

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.78

Home Design

  • Cottage
  • Bungalow
  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Oven

Flooring

  • Tile
  • Vinyl Plank

Outdoor Features

  • Fire Pit
  • Outbuilding

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31870

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Foyer
  • Architectural Style: Bungalow, Cottage
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.94187
  • Ratio Current Price By Acre: 1121794.87
  • Ratio Current Price By Sq Ft: 308.86
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 923
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Microwave, Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 923
  • Main Level Sq Ft: 987
  • Total Sq Ft: 2833

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Outbuilding

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Views, Water view, Waterfront
  • Lot Size Area: 0.780
  • Parcel Number: 31870
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 571427.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Feb 19, 2021
Sold by
Brotherton Stephen S and Brotherton Elizabeth M
Bought by
Perry Michael Harold
Seller's Agent
Elizabeth Brotherton
Southern Homes of the Carolinas, Inc
Buyer's Agent
Dina Narciso
Rawson Realty, LLC
List Price
$900,000
Sold Price
$875,000
Premium/Discount to List
-$25,000
-2.78%
Current Estimated Value
$1,245,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,689
Avg. Annual Appreciation
7.86%
Original Mortgage
$525,000
Outstanding Balance
$468,069
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$777,620

Purchase Details

Listed on
Mar 19, 2018
Closed on
Dec 12, 2018
Sold by
Merrell Ted A
Bought by
Brotherton Stephen S and Brotherton Elizabeth M
Seller's Agent
Beth Williams
Realty ONE Group Select
Buyer's Agent
Elizabeth Brotherton
Southern Homes of the Carolinas, Inc
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.35%
Original Mortgage
$460,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
White Roy Franklin and White Pansy Keener
Bought by
Self James E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Perry Michael Harold $875,000 Meridian Title
Perry Michael Harold $875,000 None Available
Perry Michael Harold $875,000 Meridian Title
Brotherton Stephen S -- None Available
Brotherton Stephen S $575,000 None Available
Self James E $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Michael Harold $525,000
Closed Perry Michael Harold $525,000
Previous Owner Brotherton Stephen S $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $875,000 -2.8% $309 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $900,000 +2.9% $318 / Sq Ft
12/31/2020 12/31/20 Off Market $875,000 -- --
11/18/2020 11/18/20 Price Changed $900,000 -2.7% $318 / Sq Ft
10/30/2020 10/30/20 Price Changed $925,000 -0.4% $327 / Sq Ft
10/21/2020 10/21/20 For Sale $929,000 +61.6% $328 / Sq Ft
12/19/2018 12/19/18 Sold $575,000 -8.0% $209 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $625,000 -- $227 / 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 $5,916 $954,713 $521,009 $433,704
2024 $5,877 $954,713 $521,009 $433,704
2023 $5,872 $954,713 $521,009 $433,704
2022 $4,429 $582,202 $370,381 $211,821
2021 $4,336 $575,030 $370,381 $204,649
2020 $4,106 $575,030 $370,381 $204,649
2019 $4,080 $571,427 $370,381 $201,046
2018 $3,932 $527,671 $351,254 $176,417
2017 $3,831 $527,671 $351,254 $176,417
2016 $3,818 $527,671 $351,254 $176,417
2015 $3,827 $527,671 $351,254 $176,417
2014 $4,065 $562,548 $399,190 $163,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3674851

Canopy MLS (Canopy Realtor® Association)

APN: 31870