$1,450,000
SOLD SEP 30, 2024

7737 Cambridge Way Denver, NC 28037

3 Beds
3 Baths
2,203 Sq Ft
0.69 Acres

Recently Sold

$658 Per Sq Ft

3% Below List Price

62 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Open Floorplan
  • Rock Springs Elementary School Rated A
  • Waterfront
  • Deck

About This Home

As of September 2024

Nestled on the serene shores of Lake Norman, this exceptional waterfront home offers breathtaking views. Looking for long range views with a private beach on a level lot, this is it! Slice of paradise awaits you to start enjoying your lake life. Direct access to the water for boating, kayaking, or simply relaxing on the natural beach under the trees by the water. This charming ranch home features vaulted family room & sunroom that creates a spacious & airy feel. The open living area is perfect for all your friends & family to gather while enjoying the views from indoors. Kitchen offers bright cabinets, granite tops & stainless appliances. The expansive primary suite hosts additional sitting or office space along with an updated dual sink bathroom. Updated guest bath with timeliness neutral finishes, gold fixtures & tile walk in shower. Private second living quarters with privacy. Additional workshop and storage is a bonus for work or storage needs. Home will be sold fully furnished.

Last Agent to Sell the Property

Erica Vaughan

Ivester Jackson Properties Brokerage Email: erica@ericavaughan.com License #233397 Listed on: 07/14/2024

Last Buyer's Agent

Lauren Nwanonyiri

My Townhome LLC License #132309

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • Fenced
  • Level Lot
  • Property is zoned R-SF

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,203 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Attached Carport
  • Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Boat Lift
  • Docks
  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31647

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,331

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1989
  • Second Living Quarters: Exterior Not Connected,Room w/ Private Bath
  • Road Surface Type: Concrete, Dirt, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 558.77
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: erica@ericavaughan.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2203
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 2203
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 2203
  • Bedroom Main: 3
  • Room Count: 6
  • Sq Ft Other: 370
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Dock
  • New Construction: No
  • Roof: None
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Dock
  • Construction Type: Fiber Cement, Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Mud Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Views, Waterfront
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Parcel Number: 31647
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-SF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Sep 30, 2024
Sold by
Brunner Paul and Brunner Pam
Bought by
Vessella Peter James
Seller's Agent
Erica Vaughan
Ivester Jackson Properties
Buyer's Agent
Lauren Nwanonyiri
My Townhome LLC
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Total Days on Market
62
Views
53
Current Estimated Value
$1,449,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$805
Avg. Annual Appreciation
-0.07%

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 29, 2022
Sold by
Bf Rental Management Llc
Bought by
Brunner Paul and Brunner Pam
Seller's Agent
Mike Feehley
Ivester Jackson Distinctive Properties
Buyer's Agent
Erica Vaughan
Ivester Jackson Properties
List Price
$1,450,000
Sold Price
$1,295,000
Premium/Discount to List
-$155,000
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$820,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2021
Sold by
Block Timothy and Block Christine
Bought by
Bf Rental Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 12, 2021
Sold by
Burke Robert Wray and Burke Christie Lee
Bought by
Block Timothy and Block Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,600
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2014
Sold by
Tyson Elijah James and Tyson Nellie
Bought by
Burke Robert W and Burke Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,450,000 Tryon Title
Warranty Deed $1,295,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $837,000 None Available
Warranty Deed $476,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $820,000 New Conventional
Previous Owner $800,000 Future Advance Clause Open End Mortgage
Previous Owner $669,600 New Conventional
Previous Owner $506,250 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,450,000 -1.7% $658 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,475,000 -1.7% $670 / Sq Ft
07/14/2024 07/14/24 For Sale $1,500,000 +15.8% $681 / Sq Ft
09/01/2022 09/01/22 Sold $1,295,000 -5.8% $504 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/22/2022 07/22/22 Price Changed $1,375,000 -5.2% $535 / Sq Ft
05/20/2022 05/20/22 For Sale $1,450,000 -- $564 / 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
2024 $5,331 $864,120 $470,779 $393,341
2023 $5,326 $864,120 $470,779 $393,341
2022 $4,648 $611,797 $376,333 $235,464
2021 $4,565 $606,214 $376,333 $229,881
2020 $4,328 $606,214 $376,333 $229,881
2019 $4,328 $606,214 $376,333 $229,881
2018 $4,082 $543,271 $353,913 $189,358
2017 $3,876 $533,824 $353,913 $179,911
2016 $3,650 $504,543 $353,913 $150,630
2015 $3,712 $504,543 $353,913 $150,630
2014 $4,183 $579,172 $419,991 $159,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4157134

Canopy MLS (Canopy Realtor® Association)

APN: 31647