NOT LISTED FOR SALE

7260 Teal Dr Unit 61 Denver, NC 28037

Estimated Value: $800,000 - $834,000

5 Beds
4.5 Baths
4,382 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $434,584 $99 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,772/month

Highlights

  • Newly Remodeled
  • Clubhouse
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of September 2018

Covington Estates is a community of new homes in up and coming Denver, NC. This spacious plan offers Owners Suite with large sitting room. Granite through out the home in Bathrooms and Kitchen. Gourmet kitchen with stainless steel and double wall ovens. Home site offers full sod and irrigation front and rear. Jack and Jill Bath

Last Agent to Sell the Property

Christine Powell

Mattamy Carolina Corporation License #286313 Listed on: 05/18/2018

Last Buyer's Agent

Wendy Hodel

Howard Hanna Allen Tate Statesville License #82363

Howard Hanna Allen Tate Statesville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Level Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Fireplace

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 93547
  • Tax Block 34

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,754

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00748
  • Ratio Close Price By Original Li: 1.00748
  • Ratio Current Price By Acre: 942698.48
  • Ratio Current Price By Sq Ft: 99.17
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2502
  • 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, Ice Maker Connection, Microwave, Wall Oven, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1880
  • Total Sq Ft: 4382
  • Sq Ft Unheated Main: 701
  • Sq Ft Unheated Total: 701

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: Attached Garage, Garage - 3 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool
  • Association Fee: 175.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Mangement
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rock Springs
  • Middle School: North Lincoln
  • High School: North Lincoln

Lot Info

  • Lot Dimension: 86x203x111x205
  • Lot Features: Level, Wooded
  • Lot Size Area: 0.461
  • Parcel Number: 93547
  • Plat Book Slide: 17-57
  • Zoning Specification: PD-R CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Block: 34
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Sep 14, 2018
Sold by
D R Horton Inc
Bought by
Doeden Michael L and Doeden Natalia
Seller's Agent
Christine Powell
Mattamy Carolina Corporation
Buyer's Agent
Wendy Hodel
Howard Hanna Allen Tate Statesville
List Price
$431,359
Sold Price
$434,584
Premium/Discount to List
$3,225
0.75%
Current Estimated Value
$816,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,286
Avg. Annual Appreciation
9.28%
Original Mortgage
$254,584
Outstanding Balance
$222,033
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$594,837

Purchase Details

Closed on
Apr 27, 2018
Sold by
Vjk Development Group Llc
Bought by
D R Horton Inc
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
Doeden Michael L $435,000 None Available
D R Horton Inc $141,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doeden Michael L $254,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $434,584 +0.7% $99 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $431,359 -- $98 / 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 $4,754 $762,617 $82,000 $680,617
2024 $4,719 $762,617 $82,000 $680,617
2023 $4,714 $762,617 $82,000 $680,617
2022 $3,733 $488,299 $62,000 $426,299
2021 $3,699 $488,299 $62,000 $426,299
2020 $3,486 $488,299 $62,000 $426,299
2019 $3,486 $488,299 $62,000 $426,299
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: CAR3393636

Canopy MLS (Canopy Realtor® Association)

APN: 93547