$350,000
SOLD NOV 23, 2020

5615 American Way Denver, NC 28037

4 Beds
2.5 Baths
2,426 Sq Ft
1.71 Acres

Recently Sold

$144 Per Sq Ft

3% Below List Price

93 Days on Market

Highlights

  • Under Construction
  • Private Lot
  • Many Trees
  • North Lincoln Middle School Rated A-
  • Wood Flooring

About This Home

As of November 2020

Looking for a private setting on a large (1.7 Acre) wooded lot? How about relaxing on your covered back deck? Beautifully positioned Modern Country Cottage (Vertical Hardie board Siding) New Construction Ranch w/ Finished Room over the Garage. Privacy w/ No HOA! Real Hardwoods, Granite Countertops in Kitchen, and 4-piece appliance set included! Master Bathroom features Granite Countertops, Tiled Shower, and Jacuzzi Tub! Tankless water heater! Lot did perc and permit issued for 5 bedrooms! Built in an up-and-coming area of Denver - get in before all of Denver is developed! Septic and Well. Private Street - this property and 2 other neighboring parcels (both for sale by same Owner - same floorplan) are for sale and are the 3 responsible for street maintenance. No mailbox. Broker is owner.

Last Agent to Sell the Property

Justin Ckezepis

News Talk WSIC License #273681 Listed on: 06/01/2020

Last Buyer's Agent

Shonda Newsome

Lantern Realty & Development, LLC License #281694

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Private Lot
  • Many Trees

Parking

  • 2

Flooring

  • Wood
  • Tile

Additional Features

  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 101507

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Acre: 203962.70
  • Ratio Current Price By Sq Ft: 144.27
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 485
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Electric Oven, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1941
  • Total Sq Ft: 2426

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: Per Plat
  • Lot Features: Private, Trees
  • Lot Size Area: 1.716
  • Parcel Number: 101507
  • Plat Book Slide: 17
  • Plat Reference Section Pages: 456
  • Zoning Specification: RT

Tax Info

  • Tax Value: 21121.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Oct 6, 2020
Sold by
Skadoosh Properties Llc
Bought by
Kahle Kevin Lea and Kahle Neleigh Lea
Seller's Agent
Justin Ckezepis
News Talk WSIC
Buyer's Agent
Shonda Newsome
Lantern Realty & Development, LLC
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$320,512
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 $350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Credit Line Revolving
Previous Owner $320,512 FHA
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $545,000 +55.7% $201 / Sq Ft
11/23/2020 11/23/20 Sold $350,000 -2.8% $144 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $360,000 -- $148 / 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 $2,722 $429,437 $37,646 $391,791
2023 $2,714 $429,437 $37,646 $391,791
2022 $1,916 $243,725 $28,121 $215,604
2021 $1,916 $243,725 $28,121 $215,604
2020 $152 $21,121 $21,121 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3620446

Canopy MLS (Canopy Realtor® Association)

APN: 101507