NOT LISTED FOR SALE

7302 Teal Dr Unit 55 Denver, NC 28037

Estimated Value: $772,379 - $790,000

4 Beds
3 Baths
3,473 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $406,963 $117 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,571/month

Highlights

  • Under Construction
  • Open Floorplan
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Clubhouse
  • Transitional Architecture

About This Home

As of June 2018

New Construction built in Covington at Lake Norman Community in Denver, NC. Top selling ranch plan with master down, Gourmet kitchen with glacier gray cabinets, moonlight level 3 granite in kitchen and baths, stone to mantle fireplace, 5" Oceanside Hardwoods, Covered Porch, Luxury owner's shower. This home is on a cul-de-sac street on a private wooded lot.

Last Agent to Sell the Property

Christine Powell

Mattamy Carolina Corporation License #286313 Listed on: 04/30/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Level Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 93553

Community Details

Overview

  • Cedar Management Group 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

$4,429

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 914523.60
  • Ratio Current Price By Sq Ft: 117.18
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 760
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Grilltop, Microwave
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2713
  • Total Sq Ft: 3473
  • Sq Ft Unheated Main: 477
  • Sq Ft Unheated Total: 477

Exterior Features

  • Construction: Brick Full, Fiber Cement, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Gas Water Heater, 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 Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 130x224x39x228
  • Lot Features: Level, Wooded
  • Lot Size Area: 0.445
  • Parcel Number: 93553
  • Plat Book Slide: 17-57
  • Zoning Specification: PD-R CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 14, 2018
Sold by
D R Horton Inc
Bought by
Mcgary Bryan P
Seller's Agent
Christine Powell
Mattamy Carolina Corporation
Buyer's Agent
Non Member
Canopy Administration
List Price
$406,963
Sold Price
$406,963
Current Estimated Value
$784,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,132
Avg. Annual Appreciation
9.32%
Original Mortgage
$255,000
Outstanding Balance
$220,532
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$563,563

Purchase Details

Closed on
Feb 4, 2018
Sold by
Vjk Development Group Llc
Bought by
D R Horton Inc
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
Mcgary Bryan P $407,000 Dhi Title
D R Horton Inc $139,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgary Bryan P $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $406,963 0.0% $117 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $406,963 -- $117 / 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 $4,429 $708,898 $82,000 $626,898
2024 $4,395 $708,898 $82,000 $626,898
2023 $4,240 $684,076 $82,000 $602,076
2022 $3,717 $486,096 $62,000 $424,096
2021 $3,683 $447,792 $62,000 $385,792
2020 $3,197 $447,792 $62,000 $385,792
2019 $3,197 $447,792 $62,000 $385,792
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: CAR3384422

Canopy MLS (Canopy Realtor® Association)

APN: 93553