NOT LISTED FOR SALE

7683 Rabbit Cir Denver, NC 28037

Estimated Value: $1,520,000 - $2,064,005

0.73 Acre
$2,537,901 Price per Acre
31,799 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $799,000

Est. 132% increase in value since last sale

Current estimated payment $10,698/month

10 Days on Market

Highlights

  • Waterfront
  • Rock Springs Elementary School Rated A
  • Level Lot

About This Lot

As of October 2021

Did you hear someone say “those are some of the most amazing long range views on Lake Norman?” Well get used to it as this is what your friends and family will say once you build your dream home on this amazing lot. Oh wait... there is more! Sunrises and Sunsets too! I am not sure you will find a more pristine piece of property currently for sale on the lake. Lot is a super easy build with a very gentle slope to the water and has no HOA’s. And it is ready to build on today! Duke has approved a dock, septic improvement permit is in hand and the lot is cleared. You will enjoy the hard to find 30’ setback so you can add your pool and still make your home feel like it's sitting right on the water. Lots like these are special and a rare find. So grab your builder and come take advantage of these amazing views.

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 07/23/2021

Last Buyer's Agent

Joey Davis

Staylakenorman LLC License #220465

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot
  • Cleared Lot

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 101167

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1087074.83
  • Restrictions: No Representation
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

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

Lot Info

  • Lot Features: Cleared, Lake, Lake Access, Level, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.735
  • Parcel Number: 101167
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 432305.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Sheehan Michael and Sheehan Stephanie
Bought by
Sheehan Michael and Sheehan Stephanie
Current Estimated Value
$1,852,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$758,658
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$1,094,010

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 8, 2021
Sold by
Kile William and Kile Elizabeth
Bought by
Sheehan Michael
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Joey Davis
Staylakenorman LLC
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.46%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Sheehan Michael -- None Listed On Document
Sheehan Michael -- None Listed On Document
Sheehan Michael $799,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Michael $766,550
Closed Sheehan Michael $766,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $799,000 0.0% --
08/02/2021 08/02/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $799,000 -- --
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 $10,509 $1,713,903 $740,835 $973,068
2024 $7,664 $1,251,107 $740,835 $510,272
2023 $4,575 $758,755 $732,835 $25,920
2022 $3,203 $432,305 $432,305 $0
2021 $3,173 $432,305 $432,305 $0
2020 $3,087 $432,305 $432,305 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike & Erin Toste

    Seller's Agent in 2021

    Mike & Erin Toste

    Southern Homes of the Carolinas, Inc

    (704) 584-9781

    71 Total Sales

    Mike & Erin Toste
    Section Image
  • Joey Davis

    Buyer's Agent in 2021

    Joey Davis

    Staylakenorman LLC

    (704) 905-7582

    112 Total Sales

    Joey Davis
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3765439

Canopy MLS (Canopy Realtor® Association)

APN: 101167

North Carolina Lincoln County Denver 28037

7683 Rabbit Cir, Denver, NC

This home is located at 7683 Rabbit Cir, Denver, NC 28037 since 23 July 2021 and is currently estimated at $1,852,668. 7683 Rabbit Cir is a home located in Lincoln County with nearby schools including Rock Springs Elementary School, North Lincoln Middle School, and North Lincoln High School.

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