NOT LISTED FOR SALE

7399 Albemarle Dr Denver, NC 28037

Estimated Value: $817,000 - $825,690

5 Beds
4 Baths
4,290 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $725,000 $169 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,761/month

5 Days on Market

Highlights

  • In Ground Pool
  • RV or Boat Storage in Community
  • Clubhouse
  • Rock Springs Elementary School Rated A
  • Open Floorplan
  • Wooded Lot

About This Home

As of April 2023

Space abounds in this beautifully finished home. Just inside the front door you are greeted by an expansive light filled two story foyer w/ wainscoting throughout. The open kitchen and living area is perfect for entertaining and the formal dining room with coffered ceiling is just steps away. The kitchen boasts double ovens, a gas cooktop, a walk in pantry and large island. The living room leads out to the perfect backyard with a covered patio right off the back door. Relax by the private pool and listen to the waterfall while everyone enjoys the expansive paver patio.
Upstairs you will find a perfect primary oasis with separate closets, sinks, large shower and garden tub. Within the primary suite is your own sitting area for enjoying some quiet time to yourself. The loft is great for a movie night or a game room. You will also find 3 more bedrooms and 2 full bathrooms upstairs. The garage is the perfect place to park with the professionally installed epoxy floor and storage system.

Last Agent to Sell the Property

Andy Nock

COMPASS License #296114 Listed on: 02/24/2023

COMPASS

Last Buyer's Agent

Robert Davis

The Finer Homes Group License #307539

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,387

Year Built

  • Built in 2016

Lot Details

  • Back Yard Fenced
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Property is zoned PD-R

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Stone Veneer

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 92385

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Built by DR Horton
  • Covington At Lake Norman Subdivision, Eleanore Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,387

Year Built

Built in 2016

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2016
  • Restrictions: Architectural Review
  • Special Assessment Description: No
  • Proposed Special Assessment Desc: No
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 169.00
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1970
  • 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: 2320
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Wall Oven
  • Above Grade Finished Sq Ft: 4290
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Screen Door(s), Sliding Doors
  • Fireplace Features: Gas Vented, Great Room
  • Living Area: 4290
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16

Exterior Features

  • Exterior Features: In-Ground Irrigation, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Exclusions: TV mounts in primary bedroom, loft, guest room and living room
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 478
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Sink, Upper Level
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, 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, Wooded
  • Lot Size Area: 0.44
  • Lot Size Units: Acres
  • Parcel Number: 92385
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: DR Horton

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 14, 2023
Sold by
Blackwell Erin Hughes and Blackwell Travis G
Bought by
Webster Walter Emory and Webster Courtney
Seller's Agent
Andy Nock
COMPASS
Buyer's Agent
Robert Davis
The Finer Homes Group
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%
Views
5
Current Estimated Value
$819,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,173
Avg. Annual Appreciation
4.95%
Original Mortgage
$708,000
Outstanding Balance
$676,994
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$142,179

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 25, 2021
Sold by
Higgs Michael T and Higgs Erin
Bought by
Blackwell Erin Hughes and Blackwell Travis G
Seller's Agent
Colleen Hunt
Southern Homes of the Carolinas, Inc
Buyer's Agent
Lauren Rocco
EXP Realty LLC Mooresville
List Price
$575,000
Sold Price
$572,000
Premium/Discount to List
-$3,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$457,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
D R Horton Inc
Bought by
Higgs Michael T and Higgs Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Webster Walter Emory $725,000 None Listed On Document
Blackwell Erin Hughes $572,000 Southern Homes Title Inc
Higgs Michael T $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Walter Emory $708,000
Previous Owner Blackwell Erin Hughes $457,600
Previous Owner Higgs Michael T $311,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $725,000 -1.4% $169 / Sq Ft
02/24/2023 02/24/23 For Sale $735,000 +28.5% $171 / Sq Ft
05/27/2021 05/27/21 Sold $572,000 -0.5% $137 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $575,000 0.0% $138 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $575,000 0.0% $138 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $575,000 -- $138 / 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 $4,387 $746,968 $82,000 $664,968
2024 $4,624 $746,968 $82,000 $664,968
2023 $4,619 $746,968 $82,000 $664,968
2022 $3,730 $487,816 $62,000 $425,816
2021 $3,696 $487,816 $62,000 $425,816
2020 $3,483 $487,816 $62,000 $425,816
2019 $3,483 $487,816 $62,000 $425,816
2018 $3,102 $413,379 $51,000 $362,379
2017 $2,795 $384,938 $51,000 $333,938
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: 4002879

Canopy MLS (Canopy Realtor® Association)

APN: 92385