NOT LISTED FOR SALE

7458 Teal Dr Unit 5 Denver, NC 28037

Estimated Value: $690,576 - $887,000

5 Beds
4 Baths
3,452 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $365,000 $106 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,333/month

212 Days on Market

Highlights

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

About This Home

As of October 2017

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

Jason Jarrell

DR Horton Inc License #294387 Listed on: 02/09/2017

Co-Listed By

Christine Powell

Mattamy Carolina Corporation License #286313

Last Buyer's Agent

Julie Martin

J Bella Realty LLC License #239386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

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
  • Stone Siding

Interior Spaces

  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 92397
  • Tax Block 05

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

$3,887

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: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95289
  • Ratio Current Price By Acre: 820224.72
  • Ratio Current Price By Sq Ft: 105.74
  • 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: Prefinished Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1621
  • Total Sq Ft: 3452
  • 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: 83x222x91x207
  • Lot Features: Wooded
  • Lot Size Area: 0.445
  • Parcel Number: 92397
  • Plat Book Slide: 16-320
  • Zoning: Residential
  • Zoning Specification: PD-R CU

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Block: 05
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Oct 27, 2017
Sold by
D R Horton Inc
Bought by
Divincenzo Steve and Divincenzo Chrissie
Seller's Agent
Jason Jarrell
DR Horton Inc
Buyer's Agent
Julie Martin
J Bella Realty LLC
List Price
$383,044
Sold Price
$365,000
Premium/Discount to List
-$18,044
-4.71%
Current Estimated Value
$747,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,394
Avg. Annual Appreciation
9.37%
Original Mortgage
$346,750
Outstanding Balance
$290,021
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$457,373
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
Divincenzo Steve $365,000 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divincenzo Steve $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $365,000 -4.7% $106 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $383,044 -- $111 / 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 $3,887 $619,359 $82,000 $537,359
2024 $3,855 $619,359 $82,000 $537,359
2023 $3,850 $619,359 $82,000 $537,359
2022 $3,066 $398,312 $62,000 $336,312
2021 $3,039 $398,312 $62,000 $336,312
2020 $2,844 $398,312 $62,000 $336,312
2019 $2,844 $398,312 $62,000 $336,312
2018 $2,729 $361,990 $51,000 $310,990
2017 $62 $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: CAR3249876

Canopy MLS (Canopy Realtor® Association)

APN: 92397