NOT LISTED FOR SALE

7736 Wallace Ln Unit 4 Denver, NC 28037

Estimated Value: $396,000 - $513,000

3 Beds
3 Baths
2,114 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $460,000 $218 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,539/month

6 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • St. James Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2022

What's the L word? LOCATION! You won't find a one of a kind home like this on a wooded, private lot, with no HOA in Denver! This home has it all - from the beautiful hardwood floors throughout the main level, to the vaulted ceiling in the living room, and decorative trey ceiling in the primary. You'll find granite countertops & ss appliances in the kitchen. The living room area overlooks the wooded back yard & pool, plus your back deck and covered patio are the perfect spot for a Summer morning or afternoon! There is a split bedroom floor plan for ample privacy and plenty of space for entertaining, both inside and out. The finished basement is perfect for ANY function - theater room, a guest area (with full bathroom), office space. The possibilities are endless. Don't forget the oversized 2 car garage! Plenty of space for a gym, storage, & cars. This home has a new condenser unit (2021), a new roof (2020) and new evaporator coil (2021). We can't wait for you to see this one!

Last Agent to Sell the Property

Paige Greenwald

Redwood Realty Group LLC License #296906 Listed on: 07/06/2022

Last Buyer's Agent

Katie Hocker

Lake Norman Realty, Inc. License #276757

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Level Lot
  • Wooded Lot
  • Zoning described as R-SF

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Patio
  • Fire Pit
  • Shed
  • Outbuilding
  • Rear Porch

Schools

  • St. James Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • Cedarbrook Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 54697

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Ratio Current Price By Acre: 718750.00
  • Restrictions: Other - See Media/Remarks,None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 217.60
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Garage Shop, Open Floorplan, Split Bedroom, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 1000
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1410
  • 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: 0
  • Porch: Back,Deck,Patio
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Microwave, Oven, Propane Cooktop, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 704
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 2114
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, Outbuilding(s), Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Attached Garage, Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 54697
  • Zoning Description: R-SF
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.96906

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: St. James
  • High School: North Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 17, 2022
Sold by
Michael Miller Jr John and Michael Danielle Sydney
Bought by
Bullington Julianna and Holder Abbie
Seller's Agent
Paige Greenwald
Redwood Realty Group LLC
Buyer's Agent
Katie Hocker
Lake Norman Realty, Inc.
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$447,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,789
Avg. Annual Appreciation
-0.83%
Original Mortgage
$368,000
Outstanding Balance
$345,956
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$101,255

Purchase Details

Listed on
Jul 31, 2019
Closed on
Dec 31, 2019
Sold by
Frady Deborah Bailey
Bought by
Miller John Michael and Byers Sydney
Seller's Agent
Elizier Rodriguez
Keller Williams Advantage
Buyer's Agent
Rachelle Gilman
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$295,000
Sold Price
$262,500
Premium/Discount to List
-$32,500
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.68%
Original Mortgage
$223,125
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Frady James Kevin
Bought by
Frady Deborah Bailey and Bailey Deborah A

Purchase Details

Closed on
Feb 16, 1999
Bought by
Frady James Kevin and Bail Deborah A

Purchase Details

Closed on
Jun 12, 1998
Bought by
Goodman Walter R and Innes Donald R
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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Purchase History

Date Buyer Sale Price Title Company
Bullington Julianna $460,000 Knipp Law Office Pllc
Miller John Michael $263,000 None Available
Frady Deborah Bailey -- None Available
Frady James Kevin $129,500 --
Goodman Walter R $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullington Julianna $368,000
Previous Owner Miller John Michael $223,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $460,000 +2.2% $218 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $450,000 -2.2% $213 / Sq Ft
06/27/2022 06/27/22 Off Market $460,000 -- --
01/03/2020 01/03/20 Sold $262,500 -4.5% $124 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $275,000 -1.4% $130 / Sq Ft
10/04/2019 10/04/19 Price Changed $279,000 -3.8% $132 / Sq Ft
08/19/2019 08/19/19 Price Changed $290,000 -1.7% $137 / Sq Ft
07/31/2019 07/31/19 For Sale $295,000 -- $140 / 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 $2,403 $374,636 $43,000 $331,636
2024 $2,373 $374,636 $43,000 $331,636
2023 $2,368 $374,636 $43,000 $331,636
2022 $1,804 $228,535 $35,000 $193,535
2021 $1,815 $228,535 $35,000 $193,535
2020 $1,593 $228,535 $35,000 $193,535
2019 $1,593 $228,535 $35,000 $193,535
2018 $1,378 $182,403 $33,500 $148,903
2017 $1,277 $182,403 $33,500 $148,903
2016 $1,271 $182,403 $33,500 $148,903
2015 $1,388 $182,403 $33,500 $148,903
2014 $1,399 $191,926 $33,500 $158,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876946

Canopy MLS (Canopy Realtor® Association)

APN: 54697