NOT LISTED FOR SALE

7438 Albemarle Dr Unit 8 Denver, NC 28037

Estimated Value: $651,000 - $726,000

5 Beds
4 Baths
3,452 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $386,395 $112 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,102/month

56 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Traditional Architecture
  • Rock Springs Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of August 2019

New Construction built in Covington Estates, Denver NC. National Builder's Washington plan features highly efficient construction materials assuring low monthly utilities, granite in gourmet kitchen AND baths; hardwood floors on first floor, stainless appliances, tile backsplash + tile surround in master shower. Heavy molding throughout- deliver confidence and quality level in this award winning home also featuring Smart Home "Home is Connected" technology.

* Home Is Connected? includes programmable thermostat, Z-Wave door lock and wireless switch, touchscreen control device, automation platform, video doorbell, and Amazon Echo and Echo Dot. All home features are subject to change without notice. Internet service not included.

Last Agent to Sell the Property

Henry Leston

DR Horton Inc License #205932 Listed on: 05/24/2019

DR Horton Inc

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4614-28-9927

Community Details

Overview

  • Cedar Management 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

$3,921

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 882180.37
  • Ratio Current Price By Sq Ft: 111.93
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Concrete, Slab
  • Upper Level Sq Ft: 1831
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Natural Gas, Self Cleaning Oven, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1621
  • Total Sq Ft: 3452
  • Sq Ft Unheated Main: 694
  • Sq Ft Unheated Total: 694

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Underground Power Lines, Wired Internet Available
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 175.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 88 x 290
  • Lot Features: Level
  • Lot Size Area: 0.438
  • Parcel Number: 4614-28-9927
  • Plat Book Slide: 16-320
  • Plat Reference Section Pages: 16-320
  • Zoning Specification: PD-R

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Aug 27, 2019
Sold by
D R Horton Inc
Bought by
Barr Rachel and Barr Dale
Seller's Agent
Henry Leston
DR Horton Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$386,395
Sold Price
$386,395
Current Estimated Value
$703,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,707
Avg. Annual Appreciation
10.21%
Original Mortgage
$346,395
Outstanding Balance
$304,649
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$398,453

Purchase Details

Closed on
Feb 4, 2019
Sold by
Vjk Development Group Llc
Bought by
D R Horton Inc
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
Barr Rachel $386,500 None Available
D R Horton Inc $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Rachel $346,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $386,395 0.0% $112 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $386,395 -- $112 / 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 $3,921 $624,967 $82,000 $542,967
2024 $3,889 $624,967 $82,000 $542,967
2023 $3,884 $624,967 $82,000 $542,967
2022 $3,065 $398,117 $62,000 $336,117
2021 $3,037 $398,117 $62,000 $336,117
2020 $2,843 $398,117 $62,000 $336,117
2019 $371 $52,000 $52,000 $0
2018 $309 $42,500 $42,500 $0
2017 $309 $42,500 $42,500 $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: CAR3511606

Canopy MLS (Canopy Realtor® Association)

APN: 92400