NOT LISTED FOR SALE

7312 Bay Cove Ct Denver, NC 28037

Estimated Value: $926,268 - $1,130,000

2.2 Acres
$467,303 Price per Acre
95,832 Sq Ft Lot

Last Sold November 20, 2012

Last sale price $30,000 $10 Per Sq Ft

Est. 3,327% increase in value since last sale

Current estimated payment $5,889/month

127 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Community Lake

About This Lot

As of November 2012

This beautiful 2.2 acre wooded lot is tucked away in the peacefully upscale gated lake side community of Pebble Bay. This community is lush with trees, rolling hills, community day slips, a boat ramp, and boat storage. Bring your own builder and build now or later. This community is just a few minutes from highways 16 and 150 on the Northwest side of Lake Norman.

Last Agent to Sell the Property

Jess Tucker

Berkshire Hathaway HomeServices Carolinas Realty License #261166 Listed on: 06/14/2012

Last Buyer's Agent

Lyn Palmer

Terra Vista Realty License #267909

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $106 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 460603245723

Community Details

Overview

  • Association Management Solutions Association, Phone Number (803) 831-7023
  • Community Lake

Security

  • Gated Community

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.81081
  • Ratio Close Price By Original Li: 0.81081
  • Ratio Current Price By Acre: 13636.36
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Livestock Restriction, Architectural Review, Square Feet
  • Foundation Details Proposed: Basement, Crawl Space
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 803-831-7023

Utilities

  • Water: Community Well

Condo/Co-op/Association

  • Community Features: Boat Ramp, Gated Community, Lake, Lake Access
  • Association Fee: 1275.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Association Management Solutions

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Cul-de-sac Lot, Wooded
  • Lot Size Area: 2.200
  • Lot Size Units: Acres
  • Parcel Number: 460603245723
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 58700.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2014
Sold by
Tom Palmer Homes Inc
Bought by
Petrosky Steve and Petrosky Tracy
Current Estimated Value
$1,028,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$274,133
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$753,934

Purchase Details

Listed on
Jun 14, 2012
Closed on
Nov 19, 2012
Sold by
Abbondaza Michael Anthony and Abbondaza Jamie Renee
Bought by
Tom Palmer Homes Inc
Seller's Agent
Jess Tucker
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Lyn Palmer
Terra Vista Realty
List Price
$37,000
Sold Price
$30,000
Premium/Discount to List
-$7,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.46%

Purchase Details

Closed on
Apr 14, 2008
Sold by
Pebble Bay Of Catawba Llc
Bought by
Abbondanza Michael Anthony and Abbondanza Laura Pauline
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Petrosky Steve $450,000 None Available
Tom Palmer Homes Inc $30,000 None Available
Abbondanza Michael Anthony $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosky Steve $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $30,000 -18.9% $10 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $37,000 -- $12 / 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 $4,176 $848,000 $93,400 $754,600
2024 $4,176 $848,000 $93,400 $754,600
2023 $4,092 $552,900 $68,400 $484,500
2022 $3,898 $552,900 $68,400 $484,500
2021 $3,898 $552,900 $68,400 $484,500
2020 $3,898 $552,900 $68,400 $484,500
2019 $3,717 $527,200 $0 $0
2018 $3,413 $498,200 $57,500 $440,700
2017 $3,413 $0 $0 $0
2016 $3,413 $0 $0 $0
2015 $352 $450,850 $57,500 $393,350
2014 $352 $58,700 $58,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2090961

Canopy MLS (Canopy Realtor® Association)

APN: 4606032457230000