NOT LISTED FOR SALE

5523 Elk Knob Ct Denver, NC 28037

Estimated Value: $728,278 - $864,000

2 Beds
2.5 Baths
2,410 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $467,500 $194 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,926/month

168 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Open Floorplan
  • Whirlpool in Pool
  • Gated Community
  • Clubhouse

About This Home

As of December 2018

Why build and pay the higher building costs when you can move in right away and start enjoying the luxury resort style living at Trilogy Lake Norman! Walking distance and a short stroll to all the fabulous amenities that Trilogy has to offer. Open floor plan. 3 Car Garage provides extra storage space and still room for your Golf Cart! Upgrades galore! Chef's Dream Kitchen with custom cabinetry and expansive Breakfast Bar. Private Owners Suite with luxurious Bath and walk-in shower with triple shower heads. Guest Suite with private Bath. Home Office/3rd Bedroom with double doors for added privacy. Formal Dining and Breakfast Area. Unbelievable Laundry Room. Beautiful and tranquil views from the inside of your home. Wrap around front Porch and spacious covered Patio overlooking the wooded lot. Fenced Yard. Lawn maintenance included for the front and side yards. The HOA also includes FREE boat rental at the Freedom Boat Club. Schedule your private tour today! It's a lifestyle you deserve!

Last Agent to Sell the Property

Kathy Merlo

Ivester Jackson Properties License #265666 Listed on: 06/04/2018

Last Buyer's Agent

Robin Schulman

Lake Norman Realty, Inc. License #287992

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees
  • Lawn

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Whirlpool in Pool
  • Terrace
  • Fire Pit

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 91874

Community Details

Overview

  • Senior Community
  • Aaam Mgmt Association, Phone Number (980) 247-1601
  • Built by Shea Homes

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$330 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98942
  • Ratio Close Price By Original Li: 0.90777
  • Ratio Current Price By Acre: 2337500.00
  • Ratio Current Price By Sq Ft: 193.98
  • Year Built: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Network Ready, Surround Sound, Wall Oven, Natural Gas, Electric Oven
  • Fixture Exception Description: Home Theater System; negotiable
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 980-247-1601
  • Interior Amenities: Attic Other, Breakfast Bar, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Whirlpool, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2410
  • Total Sq Ft: 2410
  • Sq Ft Unheated Main: 539
  • Sq Ft Unheated Total: 539

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Lawn Maintenance, Terrace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Golf Cart Garage, Keypad Entry, Parking Space - 4+, Side Load Garage

Utilities

  • Green Building Features: g-Low VOC Coatings
  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: 55 and Older, Club House, Dog Park, Fitness Center, Gated Community, Outdoor Pool, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: AAAM Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 73x128x64x128
  • Lot Features: Private, Trees, Wooded
  • Lot Size Area: 0.200
  • Parcel Number: 91874
  • Zoning Specification: Resident

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 400000.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Dec 27, 2018
Sold by
Taylor Michael Allyn and Taylor Elaine Margaret
Bought by
Shipp John William and Shipp Linda B
Seller's Agent
Kathy Merlo
Ivester Jackson Properties
Buyer's Agent
Robin Schulman
Lake Norman Realty, Inc.
List Price
$515,000
Sold Price
$467,500
Premium/Discount to List
-$47,500
-9.22%
Current Estimated Value
$782,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,961
Avg. Annual Appreciation
8.32%
Original Mortgage
$292,500
Outstanding Balance
$259,203
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$534,867

Purchase Details

Closed on
Jun 8, 2016
Sold by
Lake Norman Owner Lp
Bought by
Taylor Michael Allyn and Taylor Elaine Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,354
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shipp John William $467,500 None Available
Taylor Michael Allyn $443,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipp John William $150,000
Open Shipp John William $292,500
Previous Owner Taylor Michael Allyn $354,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $467,500 -1.1% $194 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $472,500 -3.2% $196 / Sq Ft
10/24/2018 10/24/18 Price Changed $488,000 -2.3% $202 / Sq Ft
09/18/2018 09/18/18 Price Changed $499,500 -3.0% $207 / Sq Ft
06/04/2018 06/04/18 For Sale $515,000 -- $214 / 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
2024 $3,980 $641,876 $75,000 $566,876
2023 $3,980 $641,876 $75,000 $566,876
2022 $3,478 $455,017 $64,000 $391,017
2021 $3,500 $455,017 $64,000 $391,017
2020 $3,171 $455,017 $64,000 $391,017
2019 $3,171 $455,017 $64,000 $391,017
2018 $2,599 $356,786 $53,500 $303,286
2017 $2,498 $356,786 $53,500 $303,286
2016 $307 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3394424

Canopy MLS (Canopy Realtor® Association)

APN: 91874