NOT LISTED FOR SALE

5478 Sapwood Ct Unit KIV0023 Denver, NC 28037

Estimated Value: $695,000 - $899,000

3 Beds
3.5 Baths
3,271 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $424,999 $130 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,506/month

523 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Vaulted Ceiling
  • Catawba Springs Elementary School Rated A
  • Private Lot
  • Transitional Architecture

About This Home

As of January 2020

Open ranch plan on over a 1/3 of an acre on a cul-de-sac homesite that backs to common open space & mature trees. All-ages neighborhood w/ pool, trails, playground. Finished walk-out basement offers a large Rec room, Bedroom #3, full bath, & unfinished storage.. Enjoy open & spacious living in this well-appointed home. The Kitchen overlooks Family room; it boasts an island, white painted cabs, marble counters, SS appliances w/ 36" gas cooktop, and tile backsplash. The built-in bar area makes the home ideal for entertaining. Dining area has a vaulted ceiling. Lovely rear covered porch for enjoying the wooded view. Owner's Suite w/ tray ceiling; bath has white cabs, quartz counters, double sink vanity, large tiled shower & very large walk-in closet. Secondary bed w/ private bath. Mud rm w/ built-in drop zone. Separate Laundry rm. Hardwoods in main living areas w/ tile in full baths & laundry. Walking distance to amenities. Some images virtually staged; fridge & furniture not included.

Last Agent to Sell the Property

Michele Scott

EHC Brokerage LP License #189962 Listed on: 07/18/2018

Last Buyer's Agent

Michele Scott

EHC Brokerage LP License #189962 Listed on: 07/18/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Private Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 92130
  • Tax Block 67

Community Details

Overview

  • Lake Norman Community Association, Phone Number (980) 247-1601
  • Built by Shea Homes

Recreation

  • Community Playground
  • Community Pool
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96596
  • Ratio Close Price By Original Li: 0.92411
  • Ratio Current Price By Acre: 1148645.95
  • Ratio Current Price By Sq Ft: 129.93
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Partially Finished, Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Ice Maker Connection, Microwave, Self Cleaning Oven
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 980-247-1601
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Kitchen Island, Open Floorplan, Split BR Plan, Tray Ceiling, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1118
  • Main Level Sq Ft: 2153
  • Total Sq Ft: 3271
  • Sq Ft Unheated Basement: 1035
  • Sq Ft Unheated Main: 514
  • Sq Ft Unheated Total: 1549

Exterior Features

  • Construction: Hardboard Siding, Shingle, Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available
  • New Construction: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Outdoor Pool, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 256.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Lake Norman Community Association
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Catawba Springs
  • Middle School: East Lincoln
  • High School: East Lincoln

Lot Info

  • Lot Dimension: 100X130
  • Lot Features: Cul-de-sac Lot, Private
  • Lot Size Area: 0.370
  • Parcel Number: 92130
  • Plat Book Slide: 17
  • Zoning Specification: Res

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 439975.00
  • Tax Block: 67
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jan 31, 2020
Sold by
Shea Investment Fund Iii Llc
Bought by
Magoteaux Jack T and Magoteaux Karen J
Seller's Agent
Michele Scott
EHC Brokerage LP
Buyer's Agent
Michele Scott
EHC Brokerage LP
List Price
$459,900
Sold Price
$424,999
Premium/Discount to List
-$34,901
-7.59%
Current Estimated Value
$776,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,271
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Lake Norman Owner Lp
Bought by
Shea Investment Fund Iii Llc
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
Magoteaux Jack T $425,000 None Available
Shea Investment Fund Iii Llc $248,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $424,999 -3.4% $130 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
10/30/2019 10/30/19 Price Changed $439,975 -1.2% $135 / Sq Ft
08/27/2019 08/27/19 Price Changed $445,225 -1.1% $136 / Sq Ft
06/11/2019 06/11/19 Price Changed $450,000 -2.2% $138 / Sq Ft
07/18/2018 07/18/18 For Sale $459,900 -- $141 / 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 $4,184 $669,567 $75,000 $594,567
2024 $4,147 $669,567 $75,000 $594,567
2023 $4,142 $669,567 $75,000 $594,567
2022 $3,395 $443,871 $64,000 $379,871
2021 $3,417 $443,871 $64,000 $379,871
2020 $3,094 $443,871 $64,000 $379,871
2019 $376 $443,871 $64,000 $379,871
2018 $315 $45,000 $45,000 $0
2017 $32 $45,000 $45,000 $0
2016 $31 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3397905

Canopy MLS (Canopy Realtor® Association)

APN: 92130