NOT LISTED FOR SALE

7040 Cornwallis Ct Iron Station, NC 28080

Estimated Value: $535,000 - $547,000

4 Beds
3 Baths
2,522 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $528,000 $209 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,367/month

5 Days on Market

Highlights

  • Water Views
  • New Construction
  • Open Floorplan
  • Fitness Center
  • Senior Community
  • Clubhouse

About This Home

As of April 2024

Experience the epitome of luxury living with the rare opportunity to own a unique 4 bed/3 bath home in this 55 & older community, minutes from the heart of Denver, NC! You'll be impressed & fall in love with the spacious 3-Season Room w/high vaulted ceiling & stamped concrete floor, offering serene WATER VIEWS of the tranquil pond below (you have to see it in person!). Throughout the main floor, revel in the grandeur of the open floor plan, 10' ceilings, elegant lighting, & laminate wood flooring. Indulge yourself in the gourmet kitchen w/double oven, gas cooktop, quartz counters, tile backsplash, & 13' island. Relax in the luxurious baths featuring quartz counters, tile floors, & framed mirrors. Upstairs, a guest's paradise awaits with a loft, bedroom, & bath w/a beautifully updated tiled shower. Every day feels like a resort retreat w/community amenities like a pool, clubhouse, pickleball court, & fitness center. Enjoy quick, easy access to shopping, restaurants, Lake Norman, & more!

Last Agent to Sell the Property

Jason Morton

Premier South Brokerage Email: realestate@jasonlmorton.com License #106293 Listed on: 03/02/2024

Premier South

Last Buyer's Agent

Kristin Smith

Barringer Realty LLC License #292753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Lawn
  • Property is zoned PD-R

HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Front Facing Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Pond
  • Patio

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103908

Community Details

Overview

  • Senior Community
  • William Douglas Management Association, Phone Number (704) 347-8900
  • Built by DR Horton
  • The Farm At Ingleside Subdivision, Azalea C Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$173 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2022
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.36
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: realestate@jasonlmorton.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic Walk In, Breakfast Bar, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1929
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 250
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 250
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 593
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2522
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s), Sliding Doors
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2522
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 14
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Winter
  • Waterfront Features: None
  • Exclusions: TV Mount above Fireplace
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Enclosed, Front Porch, Patio, Screened, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 451
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s), Attached Garage, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Mud Room, Inside, Laundry Room, Main Level, Sink, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Fifty Five and Older, Clubhouse, Fitness Center, Outdoor Pool, Pond, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 440
  • Association Fee Frequency: Semi-Annually
  • Association #2 Fee: 100
  • Association #2 Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: Yes
  • Association: William Douglas Management
  • Association Name: William Douglas Management
  • Association Phone #2: 704-347-8900
  • Phone: 704-347-8900
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: lkephart@wmdouglas.com

Association/Amenities

  • Association Annual Expense: 2080.00
  • Association Email 2: lkephart@wmdouglas.com

Schools

  • Middle Or Junior School: East Lincoln
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Level, Sloped, Wooded, Views
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 103908
  • Zoning: PD-R
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: DR Horton

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Apr 3, 2024
Sold by
Marchetti Anthony and Morando Joseph Dominic
Bought by
Ahrens Patricia and Ahrens Douglas
Seller's Agent
Jason Morton
Premier South
Buyer's Agent
Kristin Smith
Barringer Realty LLC
List Price
$530,000
Sold Price
$528,000
Premium/Discount to List
-$2,000
-0.38%
Views
112
Current Estimated Value
$539,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,316
Avg. Annual Appreciation
2.09%
Original Mortgage
$378,000
Outstanding Balance
$372,760
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$170,554

Purchase Details

Listed on
Jun 8, 2022
Closed on
Sep 24, 2022
Sold by
D R Horton Inc
Bought by
Marchetti Anthony and Morando Joseph Dominic
Seller's Agent
Sarah Jenkins
DR Horton Inc
Buyer's Agent
Jason Morton
Premier South
List Price
$497,181
Sold Price
$505,870
Premium/Discount to List
$8,689
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
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
Ahrens Patricia $528,000 None Listed On Document
Marchetti Anthony $506,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahrens Patricia $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $528,000 -0.4% $209 / Sq Ft
03/09/2024 03/09/24 For Sale $530,000 +4.8% $210 / Sq Ft
11/04/2022 11/04/22 Sold $505,870 +1.7% $209 / Sq Ft
06/08/2022 06/08/22 For Sale $497,181 -- $205 / 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 $3,062 $483,813 $72,000 $411,813
2024 $3,030 $483,813 $72,000 $411,813
2023 $2,916 $465,753 $72,000 $393,753
2022 $296 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4114707

Canopy MLS (Canopy Realtor® Association)

APN: 103908