NOT LISTED FOR SALE

7445 Teal Dr Unit 2 Denver, NC 28037

Estimated Value: $682,162 - $760,000

5 Beds
4 Baths
3,460 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $353,395 $102 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,120/month

289 Days on Market

Highlights

  • Newly Remodeled
  • Clubhouse
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of March 2018

New Construction built in Covington at Lake Norman community in Denver, NC. National Builder's Washington plan features highly efficient construction materials assuring low monthly utility, 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.

Last Agent to Sell the Property

Christine Powell

Mattamy Carolina Corporation License #286313 Listed on: 04/25/2017

Co-Listed By

Lauren Busto

Pilot Realty & Development License #291867

Last Buyer's Agent

Alison Mathews

Howard Hanna Allen Tate Lake Norman License #212833

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Irrigation
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 92393

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

$3,861

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98165
  • Ratio Close Price By Original Li: 0.89019
  • Ratio Current Price By Acre: 829565.73
  • Ratio Current Price By Sq Ft: 102.14
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1831
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Grilltop, Microwave
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Pantry, Tray Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1629
  • Total Sq Ft: 3460
  • Sq Ft Unheated Main: 444
  • Sq Ft Unheated Total: 444

Exterior Features

  • Construction: Hardboard Siding, Stone
  • 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: 110x155x112x184
  • Lot Features: Wooded
  • Lot Size Area: 0.426
  • Parcel Number: 92393
  • Plat Book Slide: 16-320
  • Zoning: Residential
  • Zoning Specification: PD-R CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Mar 16, 2018
Sold by
D R Horton Inc
Bought by
Gorrod Amanda M and Gorrod John C
Seller's Agent
Christine Powell
Mattamy Carolina Corporation
Buyer's Agent
Alison Mathews
Howard Hanna Allen Tate Lake Norman
List Price
$396,990
Sold Price
$353,395
Premium/Discount to List
-$43,595
-10.98%
Current Estimated Value
$713,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,646
Avg. Annual Appreciation
9.65%
Original Mortgage
$303,395
Outstanding Balance
$258,992
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$454,049
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
Gorrod Amanda M $354,000 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorrod Amanda M $303,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $353,395 -11.0% $102 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
04/25/2017 04/25/17 For Sale $396,990 -- $115 / 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 $3,861 $614,993 $82,000 $532,993
2024 $3,828 $614,993 $82,000 $532,993
2023 $3,823 $614,993 $82,000 $532,993
2022 $3,045 $395,383 $62,000 $333,383
2021 $3,017 $395,383 $62,000 $333,383
2020 $2,823 $395,383 $62,000 $333,383
2019 $2,823 $395,383 $62,000 $333,383
2018 $2,443 $322,570 $51,000 $271,570
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: CAR3274704

Canopy MLS (Canopy Realtor® Association)

APN: 92393