NOT LISTED FOR SALE

7303 Albemarle Dr Denver, NC 28037

Estimated Value: $681,463 - $759,000

6 Beds
4 Baths
3,613 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $671,000 $186 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,231/month

4 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Open Floorplan
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Clubhouse
  • Transitional Architecture

About This Home

As of April 2023

Experience the wonderful community of Covington Estates Lake Norman, in this spacious and inviting, newly painted, 2 story-home, situated on a large lot with fenced in yard and wooded area behind. As you enter the home, take in the natural light and easy flow. The open kitchen and living area is perfect for entertaining, relax by the fireplace and enjoy time with guests. The formal dining room with coffered ceiling is just steps away. Main floor office has French doors that add privacy while allowing light to pass through. The kitchen boasts double ovens, gas cooktop, large island, quartz countertops and sliders leading out to backyard patio. A guest bedroom and full bath is located on the main floor. Upstairs you will find a perfect primary oasis with dual vanity, large shower, garden tub and huge walk-in closet. 6th bedroom upstairs can be used as bonus room to accommodate your needs.
Enjoy the community pool, playground, and boat R/V storage. Public boat launch is 2 minutes away.

Last Agent to Sell the Property

Pilar Carroll

Lake Norman Realty, Inc. Brokerage Email: pilarc@lakenormanrealty.com License #313816 Listed on: 03/16/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Larissa Crawford

Century 21 Lawrie Lawrence License #269837

Century 21 Lawrie Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 2018

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Property is zoned PD-R

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • 3 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4614-19-2295

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Covington At Lake Norman Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,823

Year Built

Built in 2018

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2018
  • Restrictions: Subdivision
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.72
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: pilarc@lakenormanrealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Tray Ceiling(s), Walk-In Closet(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1635
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1978
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
  • Above Grade Finished Sq Ft: 3613
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: French Doors, Screen Door(s), Sliding Doors
  • Fireplace Features: Gas Log, Gas Vented, Great Room
  • Living Area: 3613
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 15
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced, Full
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 466
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, In Hall, Mud Room, Main Level, Multiple Locations, Upper Level, Washer Hookup, Other - See Remarks
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Heat Pump, Zoned
  • Utilities: Cable Available, Gas
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Picnic Area, Playground, Recreation Area, RV/Boat Storage, Sidewalks, Street Lights
  • Association Fee: 192
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management Group
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 768.00

Schools

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

Lot Info

  • Lot Features: Cleared, Level, Wooded, Other - See Remarks
  • Lot Size Area: 0.39
  • Lot Size Units: Acres
  • Parcel Number: 4614-19-2295
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 25, 2023
Sold by
Delaney Timothy Patrick
Bought by
Oconnor Patrick and Oconnor Abby
Seller's Agent
Pilar Carroll
Lake Norman Realty, Inc.
Buyer's Agent
Larissa Crawford
Century 21 Lawrie Lawrence
List Price
$657,000
Sold Price
$671,000
Premium/Discount to List
$14,000
2.13%
Views
24
Current Estimated Value
$727,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,866
Avg. Annual Appreciation
3.33%
Original Mortgage
$536,800
Outstanding Balance
$516,962
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$210,904

Purchase Details

Closed on
Apr 26, 2019
Sold by
Dr Horton Inc
Bought by
Delaney Tiothy Patrick and Delaney Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
Vjk Development Group Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oconnor Patrick $671,000 None Listed On Document
Delaney Tiothy Patrick $388,000 Dhi Title
D R Horton Inc $71,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Patrick $536,800
Previous Owner Delaney Tiothy Patrick $329,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $671,000 +2.1% $186 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $657,000 -- $182 / 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 $3,823 $608,684 $82,000 $526,684
2024 $3,790 $608,684 $82,000 $526,684
2023 $3,785 $608,684 $82,000 $526,684
2022 $3,013 $391,115 $62,000 $329,115
2021 $2,986 $391,115 $62,000 $329,115
2020 $2,793 $391,115 $62,000 $329,115
2019 $2,205 $308,837 $62,000 $246,837
2018 $309 $42,500 $42,500 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4010724

Canopy MLS (Canopy Realtor® Association)

APN: 93533