NOT LISTED FOR SALE

5520 Vanderwerken Ln Denver, NC 28037

Estimated Value: $573,000

3 Beds
2.5 Baths
2,065 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $630,000 $305 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,089/month

134 Days on Market

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Post and Beam
  • North Lincoln Middle School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2022

Nestled on a wooded, 8+ acre estate, this one of a kind home built by a master craftsman could be yours. You will feel like you are in a secluded, mountain bed and breakfast while being in desirable Denver. One step inside and you will fall in love with the beams from a local saw mill, beautiful wood ceiling and floors. The kitchen features one-of-a-kind reclaimed wood for all cabinet doors and drawer fronts. Main level-primary bedroom with two walk-in closets and primary bath. Upper level features two spacious bedrooms and hall bath. Basement level is unfinished but heated and cooled ready to be made into additional living space such as a gym or office. New well installed. Ask listing agents about the potential to purchase more acreage!! Privacy galore yet minutes to Highway 16 and local conveniences.

Last Agent to Sell the Property

Lori Drapeau-Rogers

EXP Realty LLC Mooresville License #260415 Listed on: 05/04/2022

EXP Realty LLC Mooresville

Co-Listed By

Leigh Aganad

EXP Realty LLC Mooresville License #261599

Last Buyer's Agent

Sandra Watts

Realty Executives of Hickory License #274174

Realty Executives of Hickory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 2001

Lot Details

  • Wooded Lot
  • Property is zoned R-T, R-T

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Post and Beam
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Fire Pit
  • Wrap Around Porch

Schools

  • Pumpkin Center Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Central Heating
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 59962

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Post and Beam
  • Year Built: 2001
  • Ratio Current Price By Acre: 73001.16
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Shared
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 305.08
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1140
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1140
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1140
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 925
  • Porch: Porch-Wrap Around
  • Fixture Exception Description: Electric fence with control box
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room, Propane, Wood Burning Stove
  • Living Area: 2065
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Tax Location: Denver
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Central, Oil, Wood Stove
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 8.63
  • Lot Size Units: Acres
  • Parcel Number: 59962
  • Plat Book Slide: 15 - 132
  • Lot Size: irregular
  • Zoning Description: R-T
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.42897

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Pumpkin Center
  • High School: North Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 15, 2022
Sold by
Vanderwerken Keith E
Bought by
Burns Eric Scott and Burns Stephanie King
Seller's Agent
Lori Drapeau-Rogers
EXP Realty LLC Mooresville
Buyer's Agent
Sandra Watts
Realty Executives of Hickory
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Views
45
Current Estimated Value
$573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,000
Avg. Annual Appreciation
-3.00%
Original Mortgage
$598,500
Outstanding Balance
$570,631
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,369

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 7, 2022
Sold by
Vanderwerken Keith V
Bought by
Vanderwerken Keith E
Seller's Agent
Lori Drapeau-Rogers
EXP Realty LLC Mooresville
Buyer's Agent
Sandra Watts
Realty Executives of Hickory
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$570,631
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,369

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 9, 2022
Sold by
Vanderwerken Keith E
Bought by
Vanderwerken Keith V
Seller's Agent
Lori Drapeau-Rogers
EXP Realty LLC Mooresville
Buyer's Agent
Sandra Watts
Realty Executives of Hickory
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$570,631
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,369

Purchase Details

Closed on
Sep 1, 2021
Sold by
Vanderwerken Debra Lynn
Bought by
Vanderwerken Keith Edward

Purchase Details

Closed on
Sep 27, 1999
Bought by
Vanderwerken Keith E and Vanderwerken Debra
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 Eric Scott $630,000 --
Vanderwerken Keith E -- --
Vanderwerken Keith V -- None Listed On Document
Vanderwerken Keith Edward -- None Available
Vanderwerken Keith E $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Eric Scott $598,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $630,000 -3.1% $305 / Sq Ft
06/30/2022 06/30/22 Price Changed $650,000 -5.1% $315 / Sq Ft
05/04/2022 05/04/22 For Sale $685,000 -- $332 / 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 $999 $162,679 $157,779 $4,900
2024 $986 $162,679 $157,779 $4,900
2023 $983 $162,679 $157,779 $4,900
2022 $2,093 $267,603 $74,605 $192,998
2021 $2,093 $267,603 $74,605 $192,998
2020 $1,924 $267,603 $74,605 $192,998
2019 $1,863 $267,603 $74,605 $192,998
2018 $1,838 $245,323 $73,804 $171,519
2017 $1,737 $245,323 $73,804 $171,519
2016 $1,737 $245,323 $73,804 $171,519
2015 $1,788 $245,323 $73,804 $171,519
2014 $1,863 $256,862 $75,253 $181,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855748

Canopy MLS (Canopy Realtor® Association)

APN: 59962