NOT LISTED FOR SALE

7621 Cottonwood Dr Denver, NC 28037

Estimated Value: $743,000 - $947,000

4 Beds
3.5 Baths
3,353 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $769,000 $229 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,031/month

Highlights

  • Spa
  • Open Floorplan
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Hilly Lot
  • Wood Flooring

About This Home

As of March 2023

Located in a highly desirable lake front community of Lakewood, is this gem that can provide all the comforts you could want. The home, centrally located in Denver close to shops, boat launch, and restaurants. Enter through the custom mahogany front doors into a wide foyer, past a full size dining room, and see into the family room with coffered ceiling, high hearth gas fireplace, and built in bookcase. From the family room peer into the kitchen with beautiful cabinets, island w sink, and a bar with beautiful granite. The split bedroom plan provides a spacious master and on suite bath with walk in closet with built ins, and private exit to the outdoor patio and hot tub. On the opposite side of the main level are two more bedrooms sharing a Jack and Jill bath. Upstairs is a fourth bedroom, full bath and bonus room, play room, or man cave. Additionally, upstairs provides significant attic storage via full walk through doorways.

Last Agent to Sell the Property

Ed Sink

Southern Homes of the Carolinas, Inc Brokerage Email: ed.sink@bhhslandmark.com License #286377 Listed on: 02/26/2023

Last Buyer's Agent

Suzanne Lindros

Ivester Jackson Properties License #250200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 104x234x116x263
  • Level Lot
  • Irrigation
  • Hilly Lot
  • Property is zoned PD-R

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Workshop in Garage

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4615038821

Community Details

Overview

  • Lake Norman Realty Prop. Mgmt Association, Phone Number (704) 489-9949
  • Lakewood Subdivision, Custom Floorplan
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 2014

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2014
  • Restrictions: Architectural Review,Building,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 229.35
  • Geocode Confidence: High
  • Attribution Contact: ed.sink@bhhslandmark.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Built-in Features, Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2538
  • 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: 200
  • Sq Ft Unheated Upper: 200
  • Sq Ft Upper: 815
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 3353
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Gas Unvented
  • Living Area: 3353
  • Bedroom Main: 3
  • Room Count: 13

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Construction Type: Brick Full, Cedar Shake
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 627
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Shop, Keypad Entry

Utilities

  • Heating: Electric, Forced Air
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Security System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Gas, Satellite Internet Available, Wired Internet Available
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Lake Norman Realty Prop. Mgmt
  • Phone: 704-489-9949
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 550.00

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Level
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Parcel Number: 4615038821
  • Zoning: PD-R
  • Plat Book Slide: 13-496
  • Plat Reference Section Pages: 13-496
  • Development Status: Completed
  • Lot Size: 104x234x116x263
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2023
Closed on
Mar 27, 2023
Sold by
King Joseph and King Renata
Bought by
Cecchettini Christopher and Cecchettini Elizabeth
Seller's Agent
Ed Sink
Southern Homes of the Carolinas, Inc
Buyer's Agent
Suzanne Lindros
Ivester Jackson Properties
List Price
$769,000
Sold Price
$769,000
Current Estimated Value
$848,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,676
Avg. Annual Appreciation
3.75%
Original Mortgage
$615,200
Outstanding Balance
$595,131
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$245,465

Purchase Details

Closed on
Sep 21, 2021
Sold by
King Joseph and Erdei Renata
Bought by
King Joseph and Erdei Renata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Malzacher Michael and Malzacher Kathleen
Bought by
King Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,029
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2006
Sold by
Hecht Development Co
Bought by
Malzacher Michael and Malzacher Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.68%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cecchettini Christopher $769,000 --
King Joseph -- None Available
King Joseph $62,500 None Available
Malzacher Michael $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecchettini Christopher $615,200
Previous Owner King Joseph $1,986,100
Previous Owner King Joseph $218,000
Previous Owner King Joseph $115,000
Previous Owner King Joseph M $50,000
Previous Owner King Joseph M $25,241,500
Previous Owner King Joseph $280,029
Previous Owner Malzacher Michael $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $769,000 0.0% $229 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/26/2023 02/26/23 For Sale $769,000 -- $229 / 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 $4,442 $711,094 $92,000 $619,094
2024 $4,408 $711,094 $92,000 $619,094
2023 $4,403 $711,094 $92,000 $619,094
2022 $3,411 $444,847 $50,000 $394,847
2021 $3,380 $444,847 $50,000 $394,847
2020 $3,176 $444,847 $50,000 $394,847
2019 $3,176 $444,847 $50,000 $394,847
2018 $3,127 $409,496 $40,000 $369,496
2017 $2,973 $409,496 $40,000 $369,496
2016 $2,963 $409,496 $40,000 $369,496
2015 $2,709 $0 $40,000 $0
2014 $488 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4005497

Canopy MLS (Canopy Realtor® Association)

APN: 85399