NOT LISTED FOR SALE

#49 Bay Pointe Dr Unit 49 Denver, NC 28037

Estimated Value: $4,109,664 - $5,357,000

0.84 Acre
$5,567,162 Price per Acre
36,590 Sq Ft Lot

Last Sold April 27, 2017

Last sale price $420,000

Est. 1,013% increase in value since last sale

Current estimated payment $25,662/month

472 Days on Market

About This Lot

As of April 2017

SELLER WILL ENTERTAIN OFFERS BETWEEN $419,900 AND $ 449,876.

Build your dream home on this flat, wooded lot. Clear out as many or as few trees as you wish for added privacy. This lot has a South West view over the lake with a small sandy beach area at the shoreline. The pier permit is already in place.

Approximately 197 feet of Water Frontage!!

Last Agent to Sell the Property

Tracy Gentry

Berkshire Hathaway HomeServices Carolinas Realty License #167233 Listed on: 10/27/2015

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Debbie Beam

Southern Homes of the Carolinas, Inc License #174172

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

HOA Fees

  • $35 Monthly HOA Fees

Community Details

  • West Bay Home Owners Association, Phone Number (704) 483-3933

Listing and Financial Details

  • Assessor Parcel Number 70872
  • Tax Block 58

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.93359
  • Ratio Close Price By Original Li: 0.93359
  • Ratio Current Price By Acre: 500000.00
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-483-3933

Utilities

  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: West Bay Home Owners Association
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 307x121x412x197WF
  • Lot Features: Waterfront, Water view, Lake Access, Winter View, Year Round View
  • Lot Size Area: 0.840
  • Parcel Number: 70872
  • Zoning: SFR
  • Zoning Specification: R-SF
  • Plat Book Slide: G-378
  • Plat Reference Section Pages: 805

Tax Info

  • Tax Value: 435874.00
  • Tax Block: 58
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Vast Revocable Trust and Smith Adrian T
Bought by
Smith Adrian T and Castellon Valentina Maria
Current Estimated Value
$4,676,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,760,000
Outstanding Balance
$3,682,231
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$994,185

Purchase Details

Closed on
Dec 17, 2024
Sold by
Planishek Development & Construction Llc
Bought by
Vast Revocable Trust

Purchase Details

Closed on
Aug 18, 2023
Sold by
Minor Barbara C
Bought by
Planishek Development & Construction Llc

Purchase Details

Listed on
Oct 27, 2015
Closed on
Apr 13, 2017
Sold by
Mastroianni Cesare G and Mastroianni Jesusa A
Bought by
Minor Charles M and Minor Barbara C
Seller's Agent
Tracy Gentry
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Debbie Beam
Southern Homes of the Carolinas, Inc
List Price
$449,876
Sold Price
$420,000
Premium/Discount to List
-$29,876
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.91%

Purchase Details

Closed on
Nov 15, 1995
Bought by
Mastroianni Cesare G and Mastroianni Jesusa A
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
Smith Adrian T -- None Listed On Document
Smith Adrian T -- None Listed On Document
Vast Revocable Trust $4,700,000 None Listed On Document
Vast Revocable Trust $4,700,000 None Listed On Document
Planishek Development & Construction Llc $1,235,000 None Listed On Document
Minor Charles M $420,000 None Available
Mastroianni Cesare G $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adrian T $3,760,000
Closed Smith Adrian T $3,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $420,000 -6.6% --
02/10/2017 02/10/17 Pending -- -- --
10/27/2015 10/27/15 For Sale $449,876 -- --
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 $13,210 $2,160,383 $551,248 $1,609,135
2024 $3,591 $595,582 $551,248 $44,334
2023 $3,519 $583,582 $539,248 $44,334
2022 $3,366 $454,252 $432,416 $21,836
2021 $3,334 $454,252 $432,416 $21,836
2020 $3,243 $454,252 $432,416 $21,836
2019 $3,087 $432,416 $432,416 $0
2018 $3,164 $435,874 $435,874 $0
2017 $3,164 $435,874 $435,874 $0
2016 $3,154 $0 $0 $0
2015 $3,229 $435,874 $435,874 $0
2014 -- $465,176 $465,176 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3125207

Canopy MLS (Canopy Realtor® Association)

APN: 70872