$550,000
SOLD AUG 15, 2025

5118 Silver Trace Ln Denver, NC 28037

3 Beds
2 Baths
1,639 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$336 Per Sq Ft

3% Below List Price

168 Days on Market

Highlights

  • New Construction
  • Fireplace
  • Cooling Available
  • St. James Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2025

Gorgeous MOVE IN READY full brick inventory home recently completed in The Springs at Westport, just a stone's throw away from Lake Norman! This home sits on a corner lot with a screened in porch and beautiful, upgraded finishes, including hardwood floors throughout. It is unique in the fact that it has large common spaces behind and to the side of it...also, we just planted six 18-foot privacy trees in the courtyard! This home has tons of storage in the tall crawl space with a concrete pad! Spring Special $5000 incentive just applied as we are moving into another home soon!

Last Agent to Sell the Property

Brad Baranowski

ElleBee Realty and Associates Brokerage Email: brad.baranowski@hotmail.com License #274288 Listed on: 01/24/2025

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Property is zoned PD-R CU

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,639 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling Available
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • The Springs At Westport Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106466

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 335.57
  • Geocode Confidence: High
  • Attribution Contact: brad.baranowski@hotmail.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1639
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1639
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1639
  • Bedroom Main: 3

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Full, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Lower Level, Washer Hookup
  • Cooling: Electric
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 1920.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 106466
  • Development Status: Completed
  • Zoning Specification: PD-R CU

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Aug 15, 2025
Sold by
Springs At Westport Llc
Bought by
Hanson Doris
Seller's Agent
Brad Baranowski
ElleBee Realty and Associates
Buyer's Agent
Non Member
Canopy Administration
List Price
$568,000
Sold Price
$550,000
Premium/Discount to List
-$18,000
-3.17%
Views
20
Current Estimated Value
$541,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,092
Avg. Annual Appreciation
-4.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $550,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $550,000 -1.6% $336 / Sq Ft
05/09/2025 05/09/25 Price Changed $559,000 -0.7% $341 / Sq Ft
04/07/2025 04/07/25 Price Changed $563,000 -0.9% $344 / Sq Ft
01/24/2025 01/24/25 For Sale $568,000 -- $347 / 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 $2,693 $422,602 $80,400 $342,202
2024 $1,100 $162,915 $80,400 $82,515
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4216563

Canopy MLS (Canopy Realtor® Association)

APN: 106466