NOT LISTED FOR SALE

7673 Cottonwood Dr Denver, NC 28037

Estimated Value: $692,000 - $955,000

4 Beds
3.5 Baths
2,967 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $705,000 $238 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,058/month

2 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2023

You'll be wowed from the moment you enter this quality built, semi custom, new construction home in a sought after neighborhood minutes from Little Creek lake access in Denver. The main level of this spacious 2 story home features a open floor plan, large primary bedroom with walk-in closet, dinning room, kitchen,beautiful kitchen with quartz countertops, tiled backsplash and breakfast bar, walk in pantry, office work area, large laundry room, family room with fireplace and 12ft ceilings. 8ft doors on main floor. Enjoy the privacy of your rear yard off of the large covered deck. The upper level offers 3 large bedrooms with great closets, Loft, 2 full bathrooms, one being a jack and jill between bedroom 3 & 4. Exterior color samples attached and will be installed per plans. Buyers will have the opportunity to choose interior colors. Additional information attached. Estimated completion date of 6/1/2022. Date may change due to COVID and material delays.

Last Agent to Sell the Property

Judy Werder

Magnolia Real Estate License #278220 Listed on: 12/07/2021

Last Buyer's Agent

Alycia Stewart

NorthGroup Real Estate LLC License #275253

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Wooded Lot
  • Zoning described as PD-R

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Heating System Uses Propane
  • Cable TV Available

Community Details

  • Hecht Management Property Management Association, Phone Number (704) 489-9949
  • Built by D and H Construction
  • Lakewood Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 84186

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,681

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Ratio Current Price By Acre: 1033724.34
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-06-01
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 237.61
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1841
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 345
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 647
  • Sq Ft Unheated Upper: 302
  • Sq Ft Upper: 1126
  • Porch: Back,Covered,Deck
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Double Oven, Electric Oven, Electric Dryer Hookup, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 2967
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 644
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Multizone A/C, Zoned, Propane
  • Sewer: County Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hecht Management Property Management
  • Phone: 7044899949
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 500.00

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.682
  • Lot Size Units: Acres
  • Parcel Number: 84186
  • Zoning Description: PD-R
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: D and H Construction

Tax Info

  • RATIO List Price By Tax Amount: 14.10000

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 10, 2023
Sold by
Balkris Holdings Llc
Bought by
Lease Joseph Charles and Lease Helen
Seller's Agent
Judy Werder
Magnolia Real Estate
Buyer's Agent
Alycia Stewart
NorthGroup Real Estate LLC
List Price
$705,000
Sold Price
$705,000
Views
110
Current Estimated Value
$871,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,709
Avg. Annual Appreciation
8.54%
Original Mortgage
$352,500
Outstanding Balance
$341,930
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$529,779

Purchase Details

Closed on
Apr 30, 2021
Sold by
Nexjen Home Solutions Llc
Bought by
Balkris Holdings Llc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Hecht Development Co
Bought by
Perfield 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
$56,750
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lease Joseph Charles $705,000 --
Balkris Holdings Llc $60,000 None Available
Nexjen Home Solutions Llc $45,000 None Available
Perfield Paul J $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lease Joseph Charles $352,500
Previous Owner Balkris Holdings Llc $250,800
Previous Owner Perfield Paul J $56,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $705,000 0.0% $238 / Sq Ft
12/09/2021 12/09/21 For Sale $705,000 0.0% $238 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/08/2021 12/08/21 Price Changed $705,000 +0.3% $238 / Sq Ft
12/07/2021 12/07/21 For Sale $703,000 -- $237 / 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 $4,681 $750,616 $92,000 $658,616
2024 $4,646 $750,616 $92,000 $658,616
2023 $4,357 $703,547 $92,000 $611,547
2022 $371 $50,000 $50,000 $0
2021 $367 $50,000 $50,000 $0
2020 $357 $50,000 $50,000 $0
2019 $357 $50,000 $50,000 $0
2018 $351 $40,000 $40,000 $0
2017 $290 $40,000 $40,000 $0
2016 $289 $0 $0 $0
2015 $296 $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: 3788363

Canopy MLS (Canopy Realtor® Association)

APN: 84186