NOT LISTED FOR SALE

7962 Cherry Point Dr Denver, NC 28037

Estimated Value: $365,000 - $435,944

4 Beds
2.5 Baths
1,856 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $203,000 $109 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,320/month

3 Days on Market

Highlights

  • Community Lake
  • Traditional Architecture
  • Wood Flooring
  • Catawba Springs Elementary School Rated A
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of August 2018

LAKE NORMAN access on a budget! 4 Bedrooms, 2.5 baths, huge living room with cathedral ceiling. Many updates in home, roof & heatpump 2014. Loft bedroom has half bath. Hall bath with separate shower/jet tub incomplete, but will finish or credit, open to hall and middle bedroom. 4th Bedroom has w-I closet, outside entry, laundry, and can be office or guest room. Kitchen has electric cooktop, wall oven, microwave. Wood, tile & carpet floors. Laundry room features utility sink, lot of storage. Private community boat ramp and pier but potential for private boat slip at the rear on lot.

Last Agent to Sell the Property

Marsha Jordan

Apple Realty of Lincolnton License #67614 Listed on: 07/22/2018

Last Buyer's Agent

Geena Fie

Geena Fie License #220683

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Home fronts a stream
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Utilities

  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 30260

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.01551
  • Ratio Close Price By Original Li: 1.01551
  • Ratio Current Price By Acre: 369090.91
  • Ratio Current Price By Sq Ft: 109.38
  • Year Built: 1975
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 189
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Electric, Electric Dryer Hookup, Ice Maker Connection, Microwave, Wall Oven
  • Fireplace Description: Gas Logs, Living Room
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Walk-In Closet(s), Whirlpool
  • Laundry Location: Main, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 1667
  • Total Sq Ft: 1856

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Carport - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Features: Water view, Level, Lake, Sloping, Stream/Creek
  • Parcel Number: 30260
  • Plat Reference Section Pages: C-86
  • Zoning Specification: resid

Tax Info

  • Tax Value: 139628.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2018
Closed on
Aug 30, 2018
Sold by
Hammond Patricia Ann and Hammond Charles Bobby
Bought by
Jones Matthew Wayne
Seller's Agent
Marsha Jordan
Apple Realty of Lincolnton
Buyer's Agent
Geena Fie
Geena Fie
List Price
$199,900
Sold Price
$203,000
Premium/Discount to List
$3,100
1.55%
Current Estimated Value
$409,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,343
Avg. Annual Appreciation
9.67%
Original Mortgage
$192,850
Outstanding Balance
$167,830
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$232,906

Purchase Details

Closed on
Mar 28, 2016
Sold by
Hammond Charles Bobby
Bought by
Hammond Charles Bobby and Hammond Patricia Ann

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hammond Willa Dean Mcelrath and Hammond Charles Bobby
Bought by
Hammond Charles Bobby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jones Matthew Wayne $203,000 None Available
Hammond Charles Bobby -- None Available
Hammond Charles Bobby -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Matthew Wayne $192,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $203,000 +1.6% $109 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/22/2018 07/22/18 For Sale $199,900 -- $108 / 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 $2,158 $334,111 $87,124 $246,987
2024 $2,129 $334,111 $87,124 $246,987
2023 $2,124 $334,111 $87,124 $246,987
2022 $1,277 $157,179 $47,400 $109,779
2021 $1,399 $157,179 $47,400 $109,779
2020 $1,096 $157,179 $47,400 $109,779
2019 $1,096 $157,179 $47,400 $109,779
2018 $1,179 $139,628 $44,250 $95,378
2017 $977 $139,628 $44,250 $95,378
2016 $973 $139,628 $44,250 $95,378
2015 $1,169 $139,628 $44,250 $95,378
2014 $1,018 $124,382 $42,600 $81,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3416230

Canopy MLS (Canopy Realtor® Association)

APN: 30260