7737 Cambridge Way Denver, NC 28037
3
Beds
3
Baths
2,570
Sq Ft
0.69
Acres
Highlights
- Guest House
- Boat Lift
- Open Floorplan
- Rock Springs Elementary School Rated A
- Waterfront
- Deck
About This Home
As of September 2024If you're looking for some of the longest range views on Lake Norman with your own private beach and over 135' of shoreline, look no further. Imagine spending evenings on the natural sand beach with a fire, listening to the tranquil lapping of the waves like your own personal resort. This ranch home sits down a secluded private road full of shade providing hardwood trees and free from any HOA. A charming open kitchen with thick cut granite and vintage fridge, dining, family room, sitting/sun room, huge primary with private office with grand views, are just some of the interior benefits. If the stunning views and amazing house aren't enough, there is a private second living quarters that offers privacy, full bath and workshop. The dock has recently been updated with Trex and the addition of a solar powered boat lift. This home is operating as a 5-star vacation rental with expectations of over $125k in revenue this year. Home will be sold fully furnished with an acceptable offer.
Last Agent to Sell the Property
Ivester Jackson Distinctive Properties License #245883 Listed on: 05/20/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,331
Year Built
- Built in 1989
Lot Details
- Waterfront
- Fenced
- Private Lot
- Level Lot
- Zoning described as R-SF
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 2,570 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Propane Fireplace
- Living Room with Fireplace
- Crawl Space
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Parking
- Workshop in Garage
- Driveway
Outdoor Features
- Boat Lift
- Deck
- Fire Pit
- Separate Outdoor Workshop
Additional Homes
- Guest House
Utilities
- Central Heating
- Vented Exhaust Fan
- Heat Pump System
- Septic Tank
Community Details
- Water Sports
Listing and Financial Details
- Assessor Parcel Number 31647
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
67
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,454
Avg. Annual Appreciation
0.56%
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
Similar Homes in Denver, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Erica Vaughan
Seller's Agent in 2024
Erica Vaughan
Ivester Jackson Properties
(704) 467-6673
73 Total Sales
-
Lauren Nwanonyiri
L
Buyer's Agent in 2024
Lauren Nwanonyiri
My Townhome LLC
(832) 490-0034
37 Total Sales
-
Mike Feehley
Seller's Agent in 2022
Mike Feehley
Ivester Jackson Distinctive Properties
(704) 799-5233
74 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3863406
APN: 31647
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