NOT LISTED FOR SALE

7872 Lakeview Dr Denver, NC 28037

Estimated Value: $1,307,000 - $1,655,000

4 Beds
3 Baths
3,636 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $972,000 $267 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,269/month

1 Day on Market

Highlights

  • Spa
  • Waterfront
  • Community Lake
  • St. James Elementary School Rated A-
  • Open Floorplan
  • Wooded Lot

About This Home

As of May 2021

Gorgeous custom waterfront home on a very private 1.5 acre lot! Enjoy boating, paddle boarding, kayaking and all that Lake Norman has to offer. Walk to shared dock with your own boatslip on a quiet cove. Beautiful treed backyard featuring an added stone patio, huge hot tub and fireplace. Main level owners suite with private balcony, dual vanities, jetted tub, tiled shower and dual closets. Beautifully appointed kitchen w/ granite tops, gorgeous wood floors, eat in kitchen with great views. Huge deck that wraps around to a very nice covered deck with great views. Finished basement featuring a family rm w/fireplace,2 bedrooms, full bath, office and tons of storage. Whole home Generac generator! Home Warranty. Home is perfectly set up for privacy and living the lake life. Backyard is beautiful! This is the one you’ve been waiting for and now its here for you!

Last Agent to Sell the Property

Lou Sorrento

Sorrento Realty Group LLC License #247547 Listed on: 04/24/2021

Last Buyer's Agent

Robin Kielar

Keller Williams Unified License #200357

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Outdoor Fireplace

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 31189

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts, Transitional
  • Ratio Close Price By List Price: 0.99285
  • Ratio Close Price By Original Li: 0.99285
  • Ratio Current Price By Acre: 627096.77
  • Ratio Current Price By Sq Ft: 267.33
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Double Oven, Downdraft Cooktop, Ice Maker Connection, Microwave, Propane, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Living Room, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Porch swing,walls mirrors other than vanity mirrors, shelving and anything attached in garage
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1385
  • Main Level Sq Ft: 2251
  • Total Sq Ft: 3636
  • Sq Ft Unheated Basement: 679
  • Sq Ft Unheated Total: 679

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Outdoor Fireplace

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Lake Access, Trees, Water view, Waterfront, Wooded, Year Round View
  • Lot Size Area: 1.550
  • Parcel Number: 31189
  • Zoning Specification: R-14

Tax Info

  • Tax Value: 612528.00
  • Tax Location: Catawba Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 25, 2021
Sold by
Scheller Steven E and Wiles Scheller Michelle
Bought by
Busch Michelle L and Busch Andrew B
Seller's Agent
Lou Sorrento
Sorrento Realty Group LLC
Buyer's Agent
Robin Kielar
Keller Williams Unified
List Price
$979,000
Sold Price
$972,000
Premium/Discount to List
-$7,000
-0.72%
Current Estimated Value
$1,448,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,121
Avg. Annual Appreciation
9.48%
Original Mortgage
$548,250
Outstanding Balance
$496,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$952,046

Purchase Details

Listed on
May 9, 2017
Closed on
Aug 28, 2017
Sold by
Luloff Lee J and Luloff Susan L
Bought by
Scheller Steven E and Wiles Scheller Michelle L
Seller's Agent
Katherine Hansen
Southern Homes of the Carolinas, Inc
Buyer's Agent
Dana Kelly
Keller Williams Lake Norman
List Price
$740,000
Sold Price
$709,000
Premium/Discount to List
-$31,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$637,775
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Orndorff Donald B and Orndorff Deborah W
Bought by
Post Oak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2005
Sold by
Orndorff Donald B and Orndorff Deborah W
Bought by
Luloff Lee J and Luloff Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 2005
Sold by
Mcadams Katherine Gould and Mcadams James R
Bought by
Orndorff Donald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Busch Michelle L $972,000 Southern Homes Title Inc
Scheller Steven E $709,000 Lkn Title Llc
Post Oak Properties Llc -- None Available
Luloff Lee J $635,000 None Available
Orndorff Donald B $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busch Michelle L $548,250
Previous Owner Scheller Steven E $637,775
Previous Owner Post Oak Properties Llc $500,000
Previous Owner Luloff Lee J $508,000
Previous Owner Orndorff Donald B $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $972,000 -0.7% $267 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $979,000 +38.1% $269 / Sq Ft
08/28/2017 08/28/17 Sold $709,000 -4.2% $197 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $740,000 -- $205 / 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 $7,366 $1,196,309 $238,121 $958,188
2024 $7,315 $1,196,309 $238,121 $958,188
2023 $7,310 $1,196,309 $238,121 $958,188
2022 $4,642 $612,528 $189,407 $423,121
2021 $4,672 $612,528 $189,407 $423,121
2020 $4,269 $612,528 $189,407 $423,121
2019 $4,269 $612,528 $189,407 $423,121
2018 $3,864 $537,585 $173,734 $363,851
2017 $3,763 $537,585 $173,734 $363,851
2016 $3,747 $537,585 $173,734 $363,851
2015 $4,023 $537,585 $173,734 $363,851
2014 $3,774 $538,160 $196,655 $341,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3725597

Canopy MLS (Canopy Realtor® Association)

APN: 31189