NOT LISTED FOR SALE

7418 Bankhead Rd Denver, NC 28037

Estimated Value: $925,000 - $1,015,787

3 Beds
2 Baths
1,580 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $520,000 $329 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,638/month

12 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Fireplace
  • Sherrills Ford Elementary School Rated A-
  • Traditional Architecture
  • Breakfast Bar

About This Home

As of June 2018

Have you ever dreamed of owning a cabin on the lake? This charming ranch style home has been completely remodeled from top to bottom. Resting on the waters of Lake Norman, you will feel like you’re on a permanent vacation. Let’s talk about the views. Go ahead, try to focus on cooking, in this rustic, yet elegant kitchen featuring beautiful knotty pine cabinets, granite counters, unique backsplash, stainless appliances and handsome flooring. The breakfast bar, with attractive hanging light fixtures, can comfortably seat six of your favorite peeps. Get ready to get cozy in the family/dining area with its well-crafted corner stone fireplace, windows and double glass doors, bringing the gorgeous lake views inside. Not to be outdone in the water view area, check out the master bedroom with its double glass doors. Can we talk deck? From one end to the other, this expansive deck, provides sprawling lake views. Oh, don’t forget the covered pier, boat ramp and slip. Yes, dreams do come true!

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 04/11/2018

Last Buyer's Agent

Melissa Howe

NextHome Paramount License #273813

NextHome Paramount

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.62

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Laminate Flooring
  • Crawl Space
  • Breakfast Bar

Additional Features

  • Shed
  • Waterfront
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4606013584160000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94563
  • Ratio Close Price By Original Li: 0.94563
  • Ratio Current Price By Acre: 838709.68
  • Ratio Current Price By Sq Ft: 329.11
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Laminate Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1580
  • Total Sq Ft: 1580

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Waterfront, Water view, Lake Access, Year Round View
  • Lot Size Area: 0.620
  • Parcel Number: 4606013584160000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 312450.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 4, 2018
Sold by
Juno Michele M and Juno William W
Bought by
Gantt Ii James L and Gantt Maryellen
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Melissa Howe
NextHome Paramount
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Current Estimated Value
$971,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,197
Avg. Annual Appreciation
9.01%
Original Mortgage
$416,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2011
Sold by
Puckett Patricia C
Bought by
Juno Michele M and Juno William W

Purchase Details

Closed on
Nov 15, 2011
Sold by
Burton Crystal A and Shane Burton F
Bought by
Puckett Patricia C

Purchase Details

Closed on
Aug 1, 1983
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
Gantt Ii James L $520,000 None Available
Juno Michele M $280,000 None Available
Puckett Patricia C -- None Available
-- $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gantt James L $403,000
Closed Gantt Ii James L $416,000
Previous Owner Juno William W $323,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $520,000 -5.4% $329 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $549,900 -- $348 / 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 $4,276 $868,300 $437,100 $431,200
2024 $4,276 $868,300 $437,100 $431,200
2023 $4,190 $429,200 $148,600 $280,600
2022 $3,026 $429,200 $148,600 $280,600
2021 $2,981 $422,800 $148,600 $274,200
2020 $2,981 $422,800 $148,600 $274,200
2019 $2,981 $422,800 $0 $0
2018 $2,141 $312,500 $148,600 $163,900
2017 $2,141 $0 $0 $0
2016 $2,141 $0 $0 $0
2015 $2,176 $312,450 $148,600 $163,850
2014 $2,176 $376,600 $148,800 $227,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3375101

Canopy MLS (Canopy Realtor® Association)

APN: 4606013584160000