NOT LISTED FOR SALE

5087 Looking Glass Trail Denver, NC 28037

Estimated Value: $464,000 - $490,000

2 Beds
2 Baths
1,450 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $275,029 $190 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,106/month

36 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Clubhouse
  • Under Construction
  • Gated Community
  • Ranch Style House

About This Home

As of September 2019

New Independence Plan! Trilogy Lake Norman is an exclusive community that will feature a 5-star lifestyle and a stunning Resort Club The Club may feature a state of the art fitness center, terrific dining, clubs and more.

Last Agent to Sell the Property

Kevin Johnson

Homes of the South Inc. License #120448 Listed on: 06/24/2019

Co-Listed By

Kate Watts

Shea Communities Marketing Company License #113492

Last Buyer's Agent

BJ Doerner

Jason Mitchell Real Estate License #276423

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 4,792

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 100057

Community Details

Overview

  • Active Adult
  • Aam Mgmt Association, Phone Number (866) 516-7424
  • Built by Shea Homes

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$339 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Proposed Special Assessment Desc: 1452
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98921
  • Ratio Current Price By Acre: 2370939.66
  • Ratio Current Price By Sq Ft: 189.68
  • Special Assessment Description: 5000
  • Special Assessment Yn: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: CO Detector, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Electric Oven
  • H O A Management Phone: 866-516-7424
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: 55 and Older, Club House, Dog Park, Fitness Center, Gated Community, Hot Tub, Outdoor Pool, Recreation Area, Sidewalk, Tennis Court(s), Walking Trails
  • Association Fee: 339.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: AAM Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.116
  • Parcel Number: 100057
  • Zoning Specification: PD-R

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 54000.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 20, 2019
Sold by
Lake Norman Owner Lp
Bought by
Burns Virginia Ann
Seller's Agent
Kevin Johnson
Homes of the South Inc.
Buyer's Agent
BJ Doerner
Jason Mitchell Real Estate
List Price
$278,029
Sold Price
$275,029
Premium/Discount to List
-$3,000
-1.08%
Current Estimated Value
$479,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,703
Avg. Annual Appreciation
9.58%
Original Mortgage
$220,023
Outstanding Balance
$192,723
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$287,009
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
Burns Virginia Ann $275,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Virginia Ann $220,023
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $275,029 0.0% $190 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $275,029 -1.1% $190 / Sq Ft
06/24/2019 06/24/19 For Sale $278,029 -- $192 / 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 $2,776 $436,390 $75,000 $361,390
2024 $2,744 $436,390 $75,000 $361,390
2023 $2,739 $436,390 $75,000 $361,390
2022 $2,416 $311,424 $64,000 $247,424
2021 $2,432 $311,424 $64,000 $247,424
2020 $2,171 $311,424 $64,000 $247,424
2019 $188 $54,000 $54,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3522595

Canopy MLS (Canopy Realtor® Association)

APN: 100057