$335,000
SOLD MAY 29, 2018

7860 Montego Ln Denver, NC 28037

3 Beds
3 Baths
2,780 Sq Ft
0.6 Acres

Recently Sold

$121 Per Sq Ft

5% Above List Price

24 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Finished Attic
  • St. James Elementary School Rated A-
  • Engineered Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of November 2019

Custom built ranch home on .60 acre. Open,split BR floorplan.3 Br/3bath, Large open Kitchen has hardwood floors,new granite counter tops & back splash & SS appliances and breakfast bar, Lots of cabinets & pantry.16x32 Living room w/vaulted ceiling & gas corner FP, and Bar. Huge 16x28 Master BR, split bedroom floor plan with his & hers bathrooms & his & hers walk in closets.16x20 Bonus/BR. all bedrooms have walk in closets. Large Laundry Room with laundry sink and closet. 2" Blinds throughout home. Floored attic, 20x32 3 Car Carport that could be easily enclosed into a 3 car garage, covered front porch, large back deck, 12x20 raised deck & Concrete Patio underneath it, great for entertaining. Front door Low entry, Front yard in ground irrigation system. 16x20 workshop,12x20 metal building with roll up door. Lots of parking & extra wide concrete Driveway. Nicely landscaped with maple trees.

Last Agent to Sell the Property

Susan Donaldson

West Norman Real Estate License #142832 Listed on: 03/25/2018

Last Buyer's Agent

Nancy Kirk

Lewis And Kirk Realty LLC License #283980

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Irrigation
  • Many Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Storm Doors
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 57125

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.04688
  • Ratio Close Price By Original Li: 1.04688
  • Ratio Current Price By Acre: 558333.33
  • Ratio Current Price By Sq Ft: 120.50
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room
  • Fireplace: Yes
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Prefinished Wood, Vinyl
  • Interior Amenities: Attic Finished, Attic Stairs Pulldown, Breakfast Bar, Handicap Access, Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2780
  • Total Sq Ft: 2780

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, In-Ground Irrigation, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 3 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: St. James
  • Middle School: East Lincoln
  • High School: East Lincoln

Lot Info

  • Lot Dimension: 140RDX186
  • Lot Features: Level, Paved Frontage, Trees
  • Lot Size Area: 0.600
  • Parcel Number: 57125
  • Plat Book Slide: 17/195
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 279856.00
  • Tax Location: Catawba Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 7, 2019
Sold by
Payne Timothy J and Payne Alane H
Bought by
Boyd Robert W and Boyd Vina Kay
Seller's Agent
Alexis Hughes
EXP Realty LLC Ballantyne
Buyer's Agent
Christine Sanders
EXP Realty LLC Mooresville
List Price
$365,000
Sold Price
$356,000
Premium/Discount to List
-$9,000
-2.47%
Current Estimated Value
$575,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,612
Avg. Annual Appreciation
8.58%
Original Mortgage
$534,000
Outstanding Balance
$475,479
Interest Rate
4.12%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$100,133

Purchase Details

Listed on
Mar 25, 2018
Closed on
May 29, 2018
Sold by
Donaldson Michael T and Donaldson Susan Avery
Bought by
Payne Timothy J and Payne Alane H
Seller's Agent
Susan Donaldson
West Norman Real Estate
Buyer's Agent
Nancy Kirk
Lewis And Kirk Realty LLC
List Price
$320,000
Sold Price
$335,000
Premium/Discount to List
$15,000
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$310,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2018
Sold by
Donaldson Michael T and Donaldson Susan G
Bought by
Donaldson Michael T and Donaldson Susan G

Purchase Details

Closed on
Apr 3, 2002
Bought by
Donaldson Michael T and Donaldson Susan G

Purchase Details

Closed on
Aug 14, 1991
Bought by
Brown Clifford Wayne and Kay Thornbur
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 Type Sale Price Title Company
Warranty Deed $356,000 Austin Title Llc
Warranty Deed $335,000 None Available
Interfamily Deed Transfer -- None Available
Deed $60,000 --
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $534,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $310,600 VA
Previous Owner $310,000 VA
Previous Owner $152,000 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Sold $356,000 -2.5% $128 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $365,000 +9.0% $131 / Sq Ft
05/29/2018 05/29/18 Sold $335,000 +4.7% $121 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $320,000 -- $115 / 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 $3,017 $476,279 $40,000 $436,279
2024 $2,984 $476,279 $40,000 $436,279
2023 $2,979 $476,279 $40,000 $436,279
2022 $2,265 $290,981 $36,000 $254,981
2021 $2,280 $290,981 $36,000 $254,981
2020 $2,028 $290,981 $36,000 $254,981
2019 $2,028 $290,981 $36,000 $254,981
2018 $2,060 $0 $0 $219,356
2017 $1,959 $279,856 $60,500 $219,356
2016 $1,951 $279,856 $60,500 $219,356
2015 $2,084 $279,856 $60,500 $219,356
2014 $1,966 $274,513 $60,500 $214,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3373549

Canopy MLS (Canopy Realtor® Association)

APN: 57125