NOT LISTED FOR SALE

7248 Teal Dr Unit 63 Denver, NC 28037

Estimated Value: $674,000 - $753,000

5 Beds
4.5 Baths
3,617 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $385,000 $106 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,276/month

122 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Wooded Lot
  • Engineered Wood Flooring
  • Rock Springs Elementary School Rated A-
  • Transitional Architecture
  • Community Pool

About This Home

As of October 2018

New Construction built in Covington at Lake Norman community in Denver, NC. National Builder's Kristin 2 story plan features -Moonlight granite counters in kitchen AND baths; Upgraded 5" Bayfront hardwoods, Brellin White kitchen cabinets with Benton Flagstone Island bath cabinets, study and Coffer ceiling, stainless steel appliances, tile backsplash + tile surround in master shower. Many more upgrades and included features. Move in incentives and closing costs offered

Last Agent to Sell the Property

Jamey Slawter

CCNC Realty Group LLC License #285466 Listed on: 05/18/2018

CCNC Realty Group LLC

Co-Listed By

Bobby Hubbard

DR Horton Inc License #255762

Last Buyer's Agent

Gail Huss

Lake Norman Realty, Inc. License #219953

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Irrigation
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 93545

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Built by DR Horton

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0.43 Acres

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98332
  • Ratio Current Price By Acre: 883027.52
  • Ratio Current Price By Sq Ft: 106.44
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2022
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: CO Detector, Cable Prewire, Cooktop Gas, Double Oven, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Microwave, Wall Oven, Natural Gas, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Kitchen Island, Pantry, Tray Ceiling
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1595
  • Total Sq Ft: 3617
  • Sq Ft Unheated Main: 443
  • Sq Ft Unheated Total: 443

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 175.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Wooded
  • Parcel Number: 93545
  • Plat Book Slide: 17-57
  • Zoning Specification: PD-R-CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Value: 42500.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
Lester Eric W and Lester Joy A
Bought by
Lemasters Douglas Edward and Lemasters Jeannette Padgett
Current Estimated Value
$725,165

Purchase Details

Listed on
May 18, 2018
Closed on
Oct 22, 2018
Sold by
D R Horton Inc
Bought by
Lester Eric W and Lester Joy A
Seller's Agent
Jamey Slawter
CCNC Realty Group LLC
Buyer's Agent
Gail Huss
Lake Norman Realty, Inc.
List Price
$393,529
Sold Price
$385,000
Premium/Discount to List
-$8,529
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Feb 26, 2018
Sold by
Vjk Development Group Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lemasters Douglas Edward $410,000 None Available
Lester Eric W $385,000 None Available
D R Horton Inc $422,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $385,000 0.0% $106 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $385,000 -1.3% $106 / Sq Ft
08/21/2018 08/21/18 Price Changed $390,000 -1.3% $108 / Sq Ft
07/29/2018 07/29/18 Price Changed $395,000 -1.3% $109 / Sq Ft
07/20/2018 07/20/18 Price Changed $400,000 +0.1% $111 / Sq Ft
07/11/2018 07/11/18 Price Changed $399,529 +0.8% $110 / Sq Ft
07/09/2018 07/09/18 Price Changed $396,529 +0.8% $110 / Sq Ft
06/30/2018 06/30/18 For Sale $393,529 0.0% $109 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/23/2018 05/23/18 Price Changed $393,529 +0.5% $109 / Sq Ft
05/18/2018 05/18/18 For Sale $391,529 -- $108 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,119 $657,695 $82,000 $575,695
2024 $4,086 $657,695 $82,000 $575,695
2023 $4,081 $657,695 $82,000 $575,695
2022 $3,248 $422,798 $62,000 $360,798
2021 $3,218 $422,798 $62,000 $360,798
2020 $3,019 $422,798 $62,000 $360,798
2019 $3,019 $422,798 $62,000 $360,798
2018 $309 $42,500 $42,500 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3392775

Canopy MLS (Canopy Realtor® Association)

APN: 93545

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