NOT LISTED FOR SALE

7707 Cottonwood Dr Denver, NC 28037

Estimated Value: $749,539 - $810,000

4 Beds
3.5 Baths
2,858 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $420,000 $147 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,528/month

78 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Transitional Architecture
  • Rock Springs Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of August 2019

INCREDIBLE NEW PRICE for new construction home in Lakewood, a custom home community situated on the shores of Lake Norman in Denver. This ranch style home with 2nd floor bonus retreat feels like living in NC mountains - majestic, private, wooded lot. Enjoy all the luxury a new home offers: huge kitchen island, stainless steel appliances, all granite counter tops and soft-close solid wood cabinetry throughout, hardwood flooring, front and rear covered porches, modern lighting and more. Discover the energy efficiency and ease of living in today's well crafted, low maintenance home; irrigation system included. Boat storage area: 7935 Butternut Lane. Little Creek Lake Norman Access Area: 4906 Burton Lane.

Last Agent to Sell the Property

Gretel Howell

Howard Hanna Allen Tate Lake Norman License #252117 Listed on: 05/06/2019

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Heather Cook

Real Broker, LLC License #294553

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808
  • Built by Adam David Homes
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 84190
  • Tax Block 244

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98824
  • Ratio Close Price By Original Li: 0.95672
  • Ratio Current Price By Acre: 711864.41
  • Ratio Current Price By Sq Ft: 146.96
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 515
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Gas Range, Microwave, Warming Drawer, Gas Oven
  • Fireplace Description: FAMILYRM, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Garden Tub, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2343
  • Total Sq Ft: 2858

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 250.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 172.00
  • Association #2 Fee Frequency: Annually

Lot Info

  • Lot Dimension: 138x184x115x224
  • Lot Features: Lake Access, Trees
  • Parcel Number: 84190
  • Plat Book Slide: 13
  • Plat Reference Section Pages: 127
  • Zoning Specification: PD-R

Building Info

  • Builder Name: Adam David Homes

Tax Info

  • Tax Value: 40000.00
  • Tax Block: 244
  • Tax Location: Lincoln

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Aug 20, 2019
Sold by
Jersey Development Corp
Bought by
Utke Corey James and Utke Julia Cody
Seller's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Heather Cook
Real Broker, LLC
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Current Estimated Value
$783,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,135
Avg. Annual Appreciation
10.45%
Original Mortgage
$399,000
Outstanding Balance
$349,450
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$433,685

Purchase Details

Closed on
Jun 8, 2018
Sold by
Gem Custom Homes Llc
Bought by
Jersey Development Corporation

Purchase Details

Closed on
Jun 1, 2006
Sold by
Hartman Douglas R and Hartman Kimberly A
Bought by
Gem Custom Homes Llc

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hecht Development Co
Bought by
Hartman Douglas R and Hartman Kimberly A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Utke Corey James $420,000 None Available
Jersey Development Corporation $40,000 None Available
Gem Custom Homes Llc $205,000 None Available
Hartman Douglas R $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utke Corey James $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $420,000 -1.2% $147 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $425,000 -3.2% $149 / Sq Ft
05/06/2019 05/06/19 For Sale $439,000 0.0% $154 / Sq Ft
05/01/2019 05/01/19 Price Changed $439,000 -- $154 / 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 $4,033 $643,548 $92,000 $551,548
2024 $4,001 $643,548 $92,000 $551,548
2023 $3,996 $643,548 $92,000 $551,548
2022 $3,227 $419,978 $60,000 $359,978
2021 $3,198 $419,978 $60,000 $359,978
2020 $2,999 $419,978 $60,000 $359,978
2019 $357 $50,000 $50,000 $0
2018 $290 $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 -- $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: CAR3501203

Canopy MLS (Canopy Realtor® Association)

APN: 84190