Seller's Agent in 2018
David Henderson
Southern Homes of the Carolinas, Inc
(704) 533-1494
199 Total Sales
7687 Cottonwood Dr Denver, NC 28037
Estimated Value: $956,000 - $1,158,000
5
Beds
3.5
Baths
3,758
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Community Lake
- Transitional Architecture
- Rock Springs Elementary School Rated A
- Wooded Lot
- Wood Flooring
About This Home
As of June 2018"STAYCATION" In ground salt water pool, gazebo and fantastic outdoor entertaining areas, minutes to Lake Norman access for the lake enthusiast, light and bright with decorator colors and finishes just waiting for your personal touch, extensive trim, coffered and tray ceilings, 2 story great room features a wall of curved windows and gas log fireplace, formal dining room, eat in kitchen w/keeping area and fireplace, sunroom, home office/study with bay window, main level master suite is highlighted with a sitting area and fireplace for cozy evenings, ensuite bath includes large dual sink vanity, whirlpool garden tub and walk-in shower and closet, upper level features 4 additional bedrooms all adjoin a bath and a bonus room, 3 car side load garage includes work bench with cabinetry plus a sink, in ground irrigation and gated boat storage in this very walkable community
Last Agent to Sell the Property
Southern Homes of the Carolinas, Inc License #191011 Listed on: 02/13/2018
Co-Listed By
Camille Marshall
Southern Homes of the Carolinas, Inc License #261339
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
Lot Details
- Irrigation
- Wooded Lot
HOA Fees
- $42 Monthly HOA Fees
Parking
- 3
Home Design
- Transitional Architecture
- Stone Siding
Interior Spaces
- Tray Ceiling
- Skylights
- Gas Log Fireplace
- Crawl Space
Kitchen
- Breakfast Bar
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Whirlpool Bathtub
- Garden Bath
Outdoor Features
- In Ground Pool
- Shed
Community Details
- Cedar Mgmt. Association, Phone Number (704) 644-8808
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 84188
- Tax Block 1015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2023
Sold by
Nvr Inc
Bought by
Uddin Sarmad and Khan Sanan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,242
Outstanding Balance
$263,896
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$768,724
Purchase Details
Listed on
Feb 13, 2018
Closed on
Jun 11, 2018
Sold by
Hernmerich Laurence and Hernmerich Rosaria
Bought by
Elliott Ian N and Elliott Jennifer R
Seller's Agent
David Henderson
Southern Homes of the Carolinas, Inc
Buyer's Agent
Angela Gribbins
Premier South
List Price
$539,738
Sold Price
$520,000
Premium/Discount to List
-$19,738
-3.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$416,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2007
Sold by
Montego Homes Llc
Bought by
Hemmerich Laurence and Hemmerich Rosaria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Uddin Sarmad | $362,000 | None Listed On Document | |
| Uddin Sarmad | $362,000 | None Listed On Document | |
| Elliott Ian N | $520,000 | Master Title Agency Llc | |
| Hemmerich Laurence | $502,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uddin Sarmad | $271,242 | |
| Closed | Uddin Sarmad | $271,242 | |
| Previous Owner | Elliott Ian N | $414,500 | |
| Previous Owner | Elliott Ian N | $416,000 | |
| Previous Owner | Hemmerich Laurence | $331,303 | |
| Previous Owner | Hemmerich Laurence | $354,000 | |
| Previous Owner | Hemmerich Laurence | $350,000 | |
| Previous Owner | Hemmerich Laurence | $30,000 | |
| Previous Owner | Montego Homes Llc | $59,490 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2018 06/11/18 | Sold | $520,000 | -3.7% | $138 / Sq Ft |
| 04/06/2018 04/06/18 | Pending | -- | -- | -- |
| 02/13/2018 02/13/18 | For Sale | $539,738 | -- | $144 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,931 | $791,927 | $92,000 | $699,927 |
| 2024 | $4,895 | $791,927 | $92,000 | $699,927 |
| 2023 | $4,895 | $791,927 | $92,000 | $699,927 |
| 2022 | $4,145 | $543,892 | $60,000 | $483,892 |
| 2021 | $4,107 | $543,892 | $60,000 | $483,892 |
| 2020 | $3,883 | $543,892 | $60,000 | $483,892 |
| 2019 | $3,883 | $543,892 | $60,000 | $483,892 |
| 2018 | $3,324 | $443,885 | $48,500 | $395,385 |
| 2017 | $3,223 | $443,885 | $48,500 | $395,385 |
| 2016 | $3,212 | $443,885 | $48,500 | $395,385 |
| 2015 | $3,411 | $434,921 | $48,500 | $386,421 |
| 2014 | $3,537 | $474,582 | $76,000 | $398,582 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Seller Co-Listing Agent in 2018
Camille Marshall
Southern Homes of the Carolinas, Inc
-
A
Buyer's Agent in 2018
Angela Gribbins
Premier South
(704) 740-6957
30 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3358773
APN: 84188
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