Seller's Agent in 2018
Thomas Elrod
Keller Williams Ballantyne Area
(704) 228-6900
2 in this area
608 Total Sales
7805 Bankhead Rd Denver, NC 28037
Estimated Value: $603,000 - $686,000
4
Beds
2.5
Baths
2,517
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Water Views
- 2.43 Acre Lot
- Transitional Architecture
- Sherrills Ford Elementary School Rated A-
- Wooded Lot
- Wood Flooring
About This Home
As of September 2018Custom built, 4 bed/2.5 bath home sits on almost 2.5 acres of land. The front is clear & allows you to overlook Lake Norman left-to-right, while the backyard is wooded for privacy. Great room off the kitchen w/gas log fireplace. Main level is graced w/wood & tile flooring & upstairs has new carpet (June 17). All bedrooms are upstairs w/laundry room. Master bedroom is of very generous size, has tray ceilings, separate walk-in closets & separate shower & tub! Tons of living space on beautiful lot!
Last Agent to Sell the Property
Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #268537 Listed on: 02/22/2018
Co-Listed By
Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #278023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,458
Year Built
- Built in 2003
Lot Details
- 2.43 Acre Lot
- Wooded Lot
- Property is zoned R-30
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Transitional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Great Room with Fireplace
- Water Views
Kitchen
- Breakfast Bar
- Built-In Oven
- Electric Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Garden Bath
Outdoor Features
- Covered Patio or Porch
Schools
- Sherrills Ford Elementary School
- Mills Creek Middle School
- Bandys High School
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4606014562450000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2018
Closed on
Sep 12, 2018
Sold by
Ervin Timothy W
Bought by
Drake Matthew D and Drake Jacklyn K
Seller's Agent
Thomas Elrod
Keller Williams Ballantyne Area
Buyer's Agent
Bryan Tilley
Mossy Oak Properties Land and Luxury
List Price
$350,000
Sold Price
$318,000
Premium/Discount to List
-$32,000
-9.14%
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
$335,639
Avg. Annual Appreciation
10.73%
Original Mortgage
$254,400
Outstanding Balance
$221,872
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$431,767
Purchase Details
Closed on
May 22, 2003
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drake Matthew D | $318,000 | None Available | |
| -- | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drake Matthew D | $254,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2018 09/12/18 | Sold | $318,000 | -5.1% | $126 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 05/29/2018 05/29/18 | Price Changed | $335,000 | -1.5% | $133 / Sq Ft |
| 05/03/2018 05/03/18 | Price Changed | $340,000 | -2.9% | $135 / Sq Ft |
| 02/22/2018 02/22/18 | For Sale | $350,000 | -- | $139 / 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 |
|---|---|---|---|---|
| 2025 | $2,458 | $499,100 | $91,500 | $407,600 |
| 2024 | $2,458 | $499,100 | $91,500 | $407,600 |
| 2023 | $2,408 | $243,500 | $52,900 | $190,600 |
| 2022 | $1,717 | $243,500 | $52,900 | $190,600 |
| 2021 | $1,717 | $243,500 | $52,900 | $190,600 |
| 2020 | $1,717 | $243,500 | $52,900 | $190,600 |
| 2019 | $1,717 | $243,500 | $0 | $0 |
| 2018 | $1,666 | $243,200 | $52,100 | $191,100 |
| 2017 | $1,666 | $0 | $0 | $0 |
| 2016 | $1,666 | $0 | $0 | $0 |
| 2015 | $1,427 | $243,200 | $52,100 | $191,100 |
| 2014 | $1,427 | $237,800 | $59,400 | $178,400 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Elrod
-
Brian Boger
B
Seller Co-Listing Agent in 2018
Brian Boger
Keller Williams Ballantyne Area
(704) 779-2588
1 in this area
285 Total Sales
-
Bryan Tilley
Buyer's Agent in 2018
Bryan Tilley
Mossy Oak Properties Land and Luxury
(704) 201-3299
6 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3362032
APN: 4606014562450000
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