NOT LISTED FOR SALE

7701 Lazy Hollow Ln Denver, NC 28037

Estimated Value: $882,291 - $1,002,000

5 Beds
4.5 Baths
4,556 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $785,000 $172 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,279/month

102 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Arts and Crafts Architecture
  • Rock Springs Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2022

Like new construction with a backyard POOL Oasis! Located in the desirable Estates at Covington- Lake Norman subdivision on a .45 acre estate sized lot with pool, shed and fenced in backyard has it all. The Estates at Covington are located about 1 mile from the Burton Road boat launch in the heart of Denver, NC with the community featuring pool, clubhouse, and playground. This home features the large primary suite on main level, open concept lower level and a three car garage. Kitchen features a large granite island overlooking the family room, lots of counter space, butlers prep station and coffee prep station in between the kitchen & dining, gas cooktop, double ovens, stainless appliances, built-in microwave + walk-in super sized pantry. Prefinished hardwood flooring throughout main, tile floors + granite tops in all bathrooms. Located 30min from downtown Charlotte/ 25min from Charlotte/Douglas Airport this home is an entertainer’s dream w/ two patios, storage shed + so much more!!

Last Agent to Sell the Property

Lisa Ciaravella

COMPASS License #299977 Listed on: 07/08/2022

COMPASS

Last Buyer's Agent

Sean Hamacher

RE/MAX Executive License #312905

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 2016

Lot Details

  • Fenced
  • Irrigation
  • Zoning described as PD-R

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Stone Veneer
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Laundry on upper level

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 92416

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Built by DR Horton
  • Covington At Lake Norman Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 2016

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2016
  • Ratio Current Price By Acre: 1744444.44
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 172.30
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2122
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2434
  • Porch: Back
  • Appliances: Gas Cooktop, Gas Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Living Area: 4556
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation, In Ground Pool, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Denver
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Stone Veneer

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 703
  • Parking Features: Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Sidewalks
  • Association Fee: 175
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: Required
  • HOA Email: help@mycmg.com
  • CAR_YearlyHOAExpense: 700.00

Lot Info

  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Parcel Number: 92416
  • Zoning Description: PD-R
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: DR Horton

Tax Info

  • RATIO List Price By Tax Amount: 1.64478

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

Closed on
May 20, 2025
Sold by
Thompson Michelle and Thompson Gregory
Bought by
Gerace Angelica and Gerace Christopher
Current Estimated Value
$915,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$772,250
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$143,573

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 19, 2022
Sold by
Mattner William J and Mattner Elaine P
Bought by
Thompson Gregory and Thompson Michelle
Seller's Agent
Lisa Ciaravella
COMPASS
Buyer's Agent
Sean Hamacher
RE/MAX Executive
List Price
$835,000
Sold Price
$785,000
Premium/Discount to List
-$50,000
-5.99%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$785,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 2017
Sold by
D R Horton Inc
Bought by
Mattner William J and Mattner Elaine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,445
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Gerace Angelica $875,000 None Listed On Document
Thompson Gregory $785,000 --
Mattner William J $383,500 Master Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerace Angelica $775,000
Previous Owner Thompson Gregory $785,000
Previous Owner Mattner William J $283,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $785,000 0.0% $172 / Sq Ft
08/19/2022 08/19/22 Price Changed $785,000 -1.8% $172 / Sq Ft
07/17/2022 07/17/22 Price Changed $799,000 -4.3% $175 / Sq Ft
07/08/2022 07/08/22 For Sale $835,000 -- $183 / 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 $4,544 $727,970 $82,000 $645,970
2024 $4,510 $727,970 $82,000 $645,970
2023 $4,505 $727,970 $82,000 $645,970
2022 $3,652 $477,268 $62,000 $415,268
2021 $3,618 $477,268 $62,000 $415,268
2020 $3,408 $477,268 $62,000 $415,268
2019 $3,408 $477,268 $62,000 $415,268
2018 $3,203 $424,201 $51,000 $373,201
2017 $2,862 $394,265 $51,000 $343,265
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879912

Canopy MLS (Canopy Realtor® Association)

APN: 92416