NOT LISTED FOR SALE

7984 Cherry Point Dr Denver, NC 28037

Estimated Value: $636,000 - $724,247

0.43 Acre
$1,581,684 Price per Acre
18,731 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $475,000

Est. 43% increase in value since last sale

Current estimated payment $3,648/month

Highlights

  • Waterfront
  • Catawba Springs Elementary School Rated A
  • Level Lot

About This Lot

As of September 2020

This home is located at 7984 Cherry Point Dr, Denver, NC 28037 since 16 August 2020 and is currently estimated at $680,124. 7984 Cherry Point Dr is a home located in Lincoln County with nearby schools including Catawba Springs Elementary School, East Lincoln Middle School, and East Lincoln High School.

Last Agent to Sell the Property

Ken Ledbetter

Lake Realty License #300810 Listed on: 08/16/2020

Last Buyer's Agent

Jeremiah Whitsett

Lake Realty License #315220

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot
  • Open Lot
  • Cleared Lot

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 29926

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.05556
  • Ratio Close Price By Original Li: 1.05556
  • Ratio Current Price By Acre: 1104651.16
  • Restrictions: No Representation
  • Special Features: None

Utilities

  • Sewer: Septic Installed
  • Water: County Water

Lot Info

  • Lot Features: Cleared, Lake, Lake Access, Level, Open Lot, Paved Frontage, Views, Water view, Waterfront
  • Parcel Number: 29926
  • Zoning Specification: R-S
  • Plat Book Slide: C/86

Tax Info

  • Tax Value: 184282.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Mmit Group Fund 2020A Llc
Bought by
Lake Norman Ddp Llc
Current Estimated Value
$680,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$824,494
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$144,370

Purchase Details

Listed on
Aug 16, 2020
Closed on
Sep 23, 2020
Sold by
Adams Moore Kim and Tsumas Steven George
Bought by
Mmit Group Fund 2020A Llc
Seller's Agent
Ken Ledbetter
Lake Realty
Buyer's Agent
Jeremiah Whitsett
Lake Realty
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Moore Kim Adams and Truddie Enez M Adams Revocable
Bought by
Moore Kim Adams
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lake Norman Ddp Llc -- --
Mmit Group Fund 2020A Llc $475,000 Investors Title Company
Moore Kim Adams $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Norman Ddp Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $475,000 +5.6% --
08/16/2020 08/16/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $450,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,302 $215,581 $198,627 $16,954
2024 $1,297 $215,581 $198,627 $16,954
2023 $1,195 $198,627 $198,627 $0
2022 $1,477 $184,282 $158,905 $25,377
2021 $1,486 $184,282 $158,905 $25,377
2020 $1,284 $184,282 $158,905 $25,377
2019 $1,284 $184,282 $158,905 $25,377
2018 $1,289 $168,561 $145,953 $22,608
2017 $1,180 $168,561 $145,953 $22,608
2016 $1,175 $168,561 $145,953 $22,608
2015 $1,289 $168,561 $145,953 $22,608
2014 $1,225 $166,519 $146,020 $20,499
Source: Public Records

Agents Affiliated with this Home

  • Ken Ledbetter

    Seller's Agent in 2020

    Ken Ledbetter

    Lake Realty

    (251) 214-7909

    85 Total Sales

    Ken Ledbetter
    Section Image

  • J

    Buyer's Agent in 2020

    Jeremiah Whitsett

    Lake Realty

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3651798

Canopy MLS (Canopy Realtor® Association)

APN: 29926

North Carolina Lincoln County Denver 28037

7984 Cherry Point Dr, Denver, NC

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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