NOT LISTED FOR SALE

7705 Rabbit Cir Denver, NC 28037

Estimated Value: $1,394,000 - $1,746,260

5 Beds
4.5 Baths
4,261 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $939,000 $220 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,768/month

6 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Separate Outdoor Workshop
  • Rock Springs Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of August 2020

Fantastic Lake Norman waterfront brick ranch with finished basement! Lots of waterfront amenities including large dock with covered area, private boat ramp, waterfront stair step area next to the dock perfect for paddle board, kayak/canoe launching. Patio spaces, deck spaces. Big views! Large open cove. Yard is level with no steps to the waterfront. Kitchen features granite counters, custom cabinets, stainless appliances. Owners Suite on the main. 2 secondary bedrooms on main. Elevator & stairs to basement. 2 additional bedrooms & baths in basement. 2nd kitchen in basement, perfect for lake front entertaining. Be sure to check out the wine cellar area behind built in bookcases in basement. Whole house Generac generator. Rock Springs Elem/North Lincoln Schools. Year Round Water!! Just under 3/4 acre lot. This home has so much to offer! Many fun memories to made enjoying Lake Norman!!

Last Agent to Sell the Property

Frances Dawson

RE/MAX Executive License #211279 Listed on: 07/06/2020

RE/MAX Executive

Co-Listed By

Amy Fesmire

RE/MAX Executive License #231155

Last Buyer's Agent

Frances Dawson

RE/MAX Executive License #211279 Listed on: 07/06/2020

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.72

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Elevator
  • Gas Log Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Separate Outdoor Workshop
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 32594

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0.72 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98853
  • Ratio Close Price By Original Li: 0.98853
  • Ratio Current Price By Acre: 1304166.67
  • Ratio Current Price By Sq Ft: 220.37
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Range, Generator, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Basement Shop, Built-Ins, Elevator
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 216
  • Sq Ft Basement: 1980
  • Main Level Sq Ft: 2281
  • Total Sq Ft: 4261

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas, Propane

Lot Info

  • Lot Features: Waterfront, Year Round View
  • Parcel Number: 32594
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 795464.00
  • Tax Location: Catawba Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Young Tracy Leigh and Young Craig Stephen
Bought by
Tracy Leigh Young Revocable Trust and Craig Stephen Young Revocable Trust
Current Estimated Value
$1,557,815

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 14, 2020
Sold by
Mugno Alice M
Bought by
Young Tracy L and Young Craig S
Seller's Agent
Frances Dawson
RE/MAX Executive
Buyer's Agent
Frances Dawson
RE/MAX Executive
List Price
$949,900
Sold Price
$939,000
Premium/Discount to List
-$10,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$914,500
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2013
Sold by
Mugno Alice M
Bought by
Mugno Alice M

Purchase Details

Closed on
May 31, 2006
Sold by
Gordon Robert L and Gordon Martha G
Bought by
Mugno George F and Mugno Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,920
Interest Rate
6.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tracy Leigh Young Revocable Trust -- None Listed On Document
Young Tracy L $939,000 None Available
Mugno Alice M -- None Available
Mugno George F $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Tracy L $914,500
Previous Owner Mugno George F $619,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $939,000 -1.1% $220 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $949,900 -- $223 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $8,913 $1,450,005 $608,601 $841,404
2024 $8,864 $1,450,005 $608,601 $841,404
2023 $8,864 $1,450,005 $608,601 $841,404
2022 $6,008 $795,220 $379,014 $416,206
2021 $6,134 $795,464 $379,014 $416,450
2020 $5,680 $795,464 $379,014 $416,450
2019 $5,680 $795,464 $379,014 $416,450
2018 $4,920 $663,767 $355,778 $307,989
2017 $4,819 $663,767 $355,778 $307,989
2016 $4,802 $663,767 $355,778 $307,989
2015 $4,792 $663,767 $355,778 $307,989
2014 -- $732,930 $421,444 $311,486
Source: Public Records

Agents Affiliated with this Home

  • Frances Dawson

    Seller's Agent in 2020

    Frances Dawson

    RE/MAX Executives Charlotte, NC

    (704) 701-7599

    60 Total Sales

    Frances Dawson
    Section Image
  • Amy Fesmire

    Seller Co-Listing Agent in 2020

    Amy Fesmire

    RE/MAX Executives Charlotte, NC

    (980) 722-3137

    50 Total Sales

    Amy Fesmire
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3637857

Canopy MLS (Canopy Realtor® Association)

APN: 32594

North Carolina Lincoln County Denver 28037

7705 Rabbit Cir, Denver, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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