NOT LISTED FOR SALE

7360 Teal Dr Unit 53 Denver, NC 28037

Estimated Value: $591,992 - $689,000

4 Beds
3 Baths
2,713 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $350,000 $129 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,727/month

37 Days on Market

Highlights

  • Under Construction
  • Clubhouse
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2017

New Construction built in Covington at Lake Norman Community in Denver, NC. Offers 4 bedrooms on main level without the need for a second level. Well appointed throughout with Hardwoods, Granite, Fireplace and Covered rear Patio/Porch.

Last Agent to Sell the Property

Jason Jarrell

DR Horton Inc License #294387 Listed on: 06/26/2017

Last Buyer's Agent

Lynne Verhagen

Berkshire Hathaway HomeServices Carolinas Realty License #280835

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • Irrigation
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 92419
  • Tax Block 53

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

$3,488

Year Built

Built in 2017 | 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: 0.97222
  • Ratio Close Price By Original Li: 0.95588
  • Ratio Current Price By Acre: 760869.57
  • Ratio Current Price By Sq Ft: 129.01
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • 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, Garden Tub, Kitchen Island, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2713
  • Total Sq Ft: 2713
  • Sq Ft Unheated Main: 477
  • Sq Ft Unheated Total: 477

Exterior Features

  • Construction: Brick Partial, Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: 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: 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: 90x209x90x221
  • Lot Features: Wooded
  • Lot Size Area: 0.460
  • Parcel Number: 92419
  • Plat Book Slide: 16-320
  • Zoning: Residential
  • Zoning Specification: PD-R CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Block: 53
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Oct 12, 2017
Sold by
D R Horton Inc
Bought by
Maloney James L and Maloney Patricia A
Seller's Agent
Jason Jarrell
DR Horton Inc
Buyer's Agent
Lynne Verhagen
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$366,155
Sold Price
$350,000
Premium/Discount to List
-$16,155
-4.41%
Current Estimated Value
$638,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,998
Avg. Annual Appreciation
7.77%
Original Mortgage
$280,000
Outstanding Balance
$233,879
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$405,119
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
Maloney James L $350,000 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maloney James L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $350,000 -4.4% $129 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $366,155 -- $135 / 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 $3,488 $553,365 $82,000 $471,365
2024 $3,457 $553,365 $82,000 $471,365
2023 $3,452 $553,365 $82,000 $471,365
2022 $2,741 $354,399 $62,000 $292,399
2021 $2,716 $354,399 $62,000 $292,399
2020 $2,530 $354,399 $62,000 $292,399
2019 $2,530 $354,399 $62,000 $292,399
2018 $2,253 $296,439 $51,000 $245,439
2017 $309 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3295378

Canopy MLS (Canopy Realtor® Association)

APN: 92419