NOT LISTED FOR SALE

7850 Bankhead Rd Denver, NC 28037

Estimated Value: $503,000 - $1,172,000

3 Beds
2 Baths
2,394 Sq Ft
$411/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $570,000 $238 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,759/month

67 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Private Lot
  • Sherrills Ford Elementary School Rated A-
  • Community Lake
  • Ranch Style House

About This Home

As of September 2017

YOU FOUND THE PERFECT LAKE-LIVING PACKAGE! Walk inside this single story home and be stunned by the vivid long-range Lake Norman views! Huge .91 acre lot w/fenced-in yard provides wooded privacy on left & right plus DEEP water where the just-stained covered dock boasts 3 boat lifts! Upgrades:Granite Kitchen Island, SS, Kohler Cast Iron Sink, Tiled Floor, Gas Stovetop, Covered Veranda w/new railings/screen & Stone fireplace. Vacation Rental Potential! Furnishings Available. ~Must See Video Tour~

Last Agent to Sell the Property

Paul Martinez

Redwood Realty Group LLC License #294215 Listed on: 05/28/2017

Last Buyer's Agent

William Howe

Wilcox Real Estate Group License #192589

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Private Lot
  • Many Trees

Parking

  • 2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Floating Dock
  • Shed

Utilities

  • Well

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4606025504840000
  • Tax Block 34

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Modular Home
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97436
  • Ratio Close Price By Original Li: 0.95798
  • Ratio Current Price By Acre: 626373.63
  • Ratio Current Price By Sq Ft: 238.10
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Dryer, Ice Maker Connection, Microwave, Oven, Refrigerator, Surround Sound, Washer
  • Fireplace Description: Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Vaulted Ceiling, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Sq Ft Additional: 1742
  • Main Level Sq Ft: 2394
  • Total Sq Ft: 2394

Exterior Features

  • Construction: Vinyl
  • Construction Type: On Frame Modular
  • Exterior Features: Boat Lift, Boat Slip, Fenced Yard, Floating Dock, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Garage - 2 Car, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 172' x 154' WF x 191' x 165' x 107'
  • Lot Features: Waterfront, Water view, Lake Access, Long Range View, Private, Trees, Views, Year Round View
  • Lot Size Area: 0.910
  • Parcel Number: 4606025504840000
  • Plat Book Slide: 16-20
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 393630.00
  • Tax Block: 34
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2017
Closed on
Sep 6, 2017
Sold by
Lynch Robert A and Lynch Doris E
Bought by
Lefler Edgar William and Leller Angelyn Mccanless
Seller's Agent
Paul Martinez
Redwood Realty Group LLC
Buyer's Agent
William Howe
Wilcox Real Estate Group
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%
Current Estimated Value
$985,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,010
Avg. Annual Appreciation
7.11%
Original Mortgage
$285,000
Outstanding Balance
$238,691
Interest Rate
3.92%
Estimated Equity
$746,319

Purchase Details

Closed on
Mar 29, 2007
Sold by
Perrella Vincent P and Perrella Edith M
Bought by
Lynch Robert A and Lynch Doris E

Purchase Details

Closed on
Oct 29, 2004

Purchase Details

Closed on
Sep 3, 1999

Purchase Details

Closed on
Aug 1, 1994
Source: Public Records

Range of Values:

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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
Lefler Edgar William $570,000 None Available
Lynch Robert A $585,000 Chicago Title Insurance Co
-- $386,000 --
-- $120,000 --
-- $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefler Edgar William $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2017 09/06/17 Sold $570,000 -4.2% $238 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $595,000 -- $249 / 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 $4,700 $954,400 $486,900 $467,500
2024 $4,700 $954,400 $486,900 $467,500
2023 $4,605 $486,800 $190,400 $296,400
2022 $3,432 $486,800 $190,400 $296,400
2021 $3,432 $486,800 $190,400 $296,400
2020 $3,432 $486,800 $190,400 $296,400
2019 $3,432 $486,800 $0 $0
2018 $2,696 $393,600 $165,500 $228,100
2017 $2,696 $0 $0 $0
2016 $2,696 $0 $0 $0
2015 -- $393,630 $165,500 $228,130
2014 -- $486,400 $165,600 $320,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3285759

Canopy MLS (Canopy Realtor® Association)

APN: 4606025504840000