NOT LISTED FOR SALE

508 Granite Lake Ct Denver, NC 28037

Estimated Value: $557,293 - $687,000

2 Beds
2 Baths
1,758 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $443,000 $252 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,949/month

137 Days on Market

Highlights

  • Active Adult
  • Heating system powered by active solar
  • Level Lot
  • Ranch Style House

About This Home

As of March 2021

Trilogy Lake Norman is a luxury 55 and over community! Seller had state of the art solar panels installed to keep the power bill here under $27/mo even in the hottest weather! Large, private lot with upgraded elevation, 10ft ceilings, open floor plan, Extended garage, extended master bedroom, many other upgrades including 7k worth of plantation shutters throughout home, a 13k whole house generator, Gourmet kitchen with barely used appliance suite including 5 burner gas stove; Beautiful sunroom leads to screened in porch and paver patio, both featuring teakwood and a gas line running to the outdoor grill. The one owner of this gorgeous home spared no expense with quality upgrades including subway tile backsplash in kitchen, Larsen screen door, luxury ceiling fans, home irrigation system, even a home defense insect repellant yard program which is paid for through the end of 2020. Culdesac home with easy access to walking trails. Not just a home, Trilogy is a way of life and life is good!

Last Agent to Sell the Property

Shellie Rhodes

Mark Spain Real Estate License #29793 Listed on: 09/18/2020

Mark Spain Real Estate

Last Buyer's Agent

Nicole Wood

COMPASS License #283795

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 6,970

HOA Fees

  • $366 Monthly HOA Fees

Parking

  • 2

Home Design

  • Ranch Style House
  • Slab Foundation

Additional Features

  • 2 Full Bathrooms
  • Heating system powered by active solar
  • Level Lot

Community Details

  • Active Adult
  • Built by Shea

Listing and Financial Details

  • Assessor Parcel Number 92437

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$366 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98466
  • Ratio Close Price By Original Li: 0.91340
  • Ratio Current Price By Acre: 2768750.00
  • Ratio Current Price By Sq Ft: 251.99
  • Year Built: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1758
  • Total Sq Ft: 1758
  • Sq Ft Unheated Main: 200
  • Sq Ft Unheated Total: 200

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Active Solar Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: 55 and Older
  • Association Fee: 366.00
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.160
  • Parcel Number: 92437
  • Zoning Specification: PD-R

Building Info

  • Builder Name: Shea

Tax Info

  • Tax Value: 351425.00
  • Tax Location: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Feb 26, 2021
Sold by
Rice Robert George
Bought by
Thibodeau Family Revocable Trust and Thibodeau
Seller's Agent
Shellie Rhodes
Mark Spain Real Estate
Buyer's Agent
Nicole Wood
COMPASS
List Price
$485,000
Sold Price
$443,000
Premium/Discount to List
-$42,000
-8.66%
Current Estimated Value
$626,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,823
Avg. Annual Appreciation
7.78%
Original Mortgage
$93,590
Outstanding Balance
$83,897
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$542,926

Purchase Details

Listed on
Sep 18, 2020
Closed on
Feb 15, 2021
Sold by
Rice Laurie Ann and Pearce Michael Scott
Bought by
Rice Robert George
Seller's Agent
Shellie Rhodes
Mark Spain Real Estate
Buyer's Agent
Nicole Wood
COMPASS
List Price
$485,000
Sold Price
$443,000
Premium/Discount to List
-$42,000
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,590
Outstanding Balance
$83,897
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$542,926

Purchase Details

Closed on
Aug 22, 2018
Sold by
Rice Robert Geroge
Bought by
Rice Laurie Ann and Rice Robert George

Purchase Details

Closed on
Feb 6, 2017
Sold by
Lake Norman Owner Lp
Bought by
Rice Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.12%
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
Thibodeau Family Revocable Trust $443,000 None Listed On Document
Rice Robert George -- None Listed On Document
Rice Laurie Ann -- None Available
Rice Robert G $372,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibodeau Family Revocable Trust $93,590
Previous Owner Rice Robert G $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $443,000 -1.5% $252 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $449,900 -2.2% $256 / Sq Ft
11/27/2020 11/27/20 Price Changed $460,000 -3.2% $262 / Sq Ft
10/29/2020 10/29/20 Price Changed $475,000 -2.1% $270 / Sq Ft
09/18/2020 09/18/20 For Sale $485,000 -- $276 / 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 $3,124 $493,965 $75,000 $418,965
2024 $3,091 $493,965 $75,000 $418,965
2023 $3,086 $493,965 $75,000 $418,965
2022 $2,712 $351,425 $64,000 $287,425
2021 $2,730 $351,425 $64,000 $287,425
2020 $2,449 $351,425 $64,000 $287,425
2019 $2,449 $351,425 $64,000 $287,425
2018 $2,050 $278,470 $53,500 $224,970
2017 $1,949 $278,470 $53,500 $224,970
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3662686

Canopy MLS (Canopy Realtor® Association)

APN: 92437