NOT LISTED FOR SALE

7657 Cottonwood Dr Denver, NC 28037

Estimated Value: $807,000 - $1,059,000

4 Beds
5 Baths
3,886 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $717,500 $185 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,722/month

5 Days on Market

Highlights

  • Open Floorplan
  • Attic
  • Walk-In Closet
  • Rock Springs Elementary School Rated A
  • Attached Garage
  • Kitchen Island

About This Home

As of August 2021

Gorgeous Craftsman Style Home - Shows like a Model! Open concept living with vaulted ceilings in Great Room featuring a stone fireplace two-story wall of windows overlooking the wooded backyard. Upper level has a second Primary suite with soaker tub, and 2 additional bedrooms that share a jack and jill bathroom. Kitchen features stainless steel appliances, granite countertops, and wine/coffee station with wine fridge. Drop off zone in Mud/Laundry room with half bath off garage. Screened in porch and very large back deck. 3 car garage with vaulted ceilings (perfect for storing Paddleboards and kayaks). Walk in attic with ample storage over garage. Short distance to Lake, close proximity to public boat launch, the community has gated boat storage for an additional $125 per year.

Last Agent to Sell the Property

Stephanie Mullen

Sellstate Choice Realty License #325460 Listed on: 07/22/2021

Last Buyer's Agent

Leland Oxenford

Rawson Realty, LLC License #297540

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • Laminate Flooring
  • Crawl Space
  • Kitchen Island
  • Attic

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Julie Gott Lake Norman Realty Property Management Association, Phone Number (704) 489-9949

Listing and Financial Details

  • Assessor Parcel Number 84185

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02500
  • Ratio Close Price By Original Li: 1.02500
  • Ratio Current Price By Acre: 982876.71
  • Ratio Current Price By Sq Ft: 184.64
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1568
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Double Oven, Dryer, Electric Dryer Hookup, g-Energy Star® Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Unvented, Great Room
  • Flooring: Carpet, Laminate Wood
  • H O A Management Phone: 704-489-9949
  • Interior Amenities: Attic Walk-in, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2318
  • Total Sq Ft: 3886
  • Sq Ft Unheated Main: 198
  • Sq Ft Unheated Total: 198

Exterior Features

  • Construction: Cedar Shake, Hardboard Siding, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Julie Gott Lake Norman Realty Property Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Trees
  • Lot Size Area: 0.730
  • Parcel Number: 84185
  • Plat Reference Section Pages: 242-13
  • Zoning Specification: PD-R

Tax Info

  • Tax Value: 487710.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 26, 2021
Sold by
Carney Patrick and Carney Ladybird D
Bought by
Benkowski Mark R and Benkowski Monika S
Seller's Agent
Stephanie Mullen
Sellstate Choice Realty
Buyer's Agent
Leland Oxenford
Rawson Realty, LLC
List Price
$700,000
Sold Price
$717,500
Premium/Discount to List
$17,500
2.5%
Total Days on Market
5
Current Estimated Value
$960,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,829
Avg. Annual Appreciation
7.88%
Original Mortgage
$548,250
Outstanding Balance
$504,272
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$466,096

Purchase Details

Listed on
May 12, 2017
Closed on
Aug 11, 2017
Sold by
Marin Development Company Llc
Bought by
Carney Patrick and Carney Ladybird D
Seller's Agent
Brooke Marin
Providence Realty Partners, LLC
Buyer's Agent
Steve Mueller
EXP Realty LLC Ballantyne
List Price
$474,900
Sold Price
$499,900
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$496,821
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Sep 6, 2016
Sold by
Purfield Paul J
Bought by
Marin Development Company Llc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Hecht Development Co
Bought by
Purfield Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
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
Benkowski Mark R $717,500 None Available
Carney Patrick $500,000 None Available
Marin Development Company Llc $47,000 None Available
Purfield Paul J $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benkowski Mark R $548,250
Previous Owner Carney Patrick $471,525
Previous Owner Carney Patrick $496,821
Previous Owner Purfield Paul J $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $717,500 +2.5% $185 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $700,000 +40.0% $180 / Sq Ft
08/11/2017 08/11/17 Sold $499,900 +5.3% $145 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $474,900 -- $137 / 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 $5,120 $823,202 $92,000 $731,202
2024 $5,084 $823,202 $92,000 $731,202
2023 $5,079 $823,202 $92,000 $731,202
2022 $3,729 $487,710 $60,000 $427,710
2021 $3,695 $487,710 $60,000 $427,710
2020 $3,482 $487,710 $60,000 $427,710
2019 $3,482 $487,710 $60,000 $427,710
2018 $2,915 $387,583 $48,500 $339,083
2017 $290 $0 $0 $0
2016 $289 $0 $0 $0
2015 $372 $40,000 $40,000 $0
2014 $488 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3765374

Canopy MLS (Canopy Realtor® Association)

APN: 84185