NOT LISTED FOR SALE

7986 Norman Pointe Dr Denver, NC 28037

Estimated Value: $887,000 - $1,053,000

4 Beds
3.5 Baths
4,046 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $485,000 $120 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,611/month

3 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Private Lot
  • Vaulted Ceiling

About This Home

As of December 2017

Like New Full Brick Home with in-ground Gunite Pool! Gourmet eat-in Kitchen with huge Island! Granite tops, gleaming hardwood floors, and great views of the gorgeous backyard! Main lvl Master Suite w/his and hers walk-in-closets. Huge Bonus room and 3 add bedrms on the upper lvl. Enjoy Lake Living- Neighborhood features boat storage, public boat launch is only minutes away on Burton rd. Tankless on demand HotWater. Energy Star Home! Backyard Oasis, perfect for entertaining. Hurry on this one!

Last Agent to Sell the Property

Lou Sorrento

Sorrento Realty Group LLC Brokerage Email: lou@lousorrento.com License #247547 Listed on: 10/16/2017

Last Buyer's Agent

Kristi Vernon

Keller Williams Lake Norman License #223665

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,911

Year Built

  • Built in 2014

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Private Lot
  • Wooded Lot
  • Property is zoned PD-R

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Transitional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Patio
  • Rear Porch

Schools

  • Rock Springs Elementary School
  • North Lincoln Middle School
  • North Lincoln High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Kuester Association, Phone Number (888) 600-5044
  • Norman Pointe Subdivision, Genevieve Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 85707

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,911

Year Built

Built in 2014

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2014
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 119.87
  • Attribution Contact: lou@lousorrento.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2572
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 730
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 730
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1474
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater
  • Above Grade Finished Sq Ft: 4046
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 4046
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Exclusions: Light over Pool Table,Gazebo on Deck
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio, Rear Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Zoned
  • Utilities: Gas
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Street Lights, Other
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Kuester
  • Phone: 888-600-5044
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: North Lincoln
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 85707
  • Development Status: Completed
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-R

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Rock Springs
  • High School: North Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 14, 2017
Sold by
Wallace Timothy S and Wallace Michelle R
Bought by
Stout Stephen P and Stout Deborah A
Seller's Agent
Lou Sorrento
Sorrento Realty Group LLC
Buyer's Agent
Kristi Vernon
Keller Williams Lake Norman
List Price
$488,000
Sold Price
$485,000
Premium/Discount to List
-$3,000
-0.61%
Current Estimated Value
$968,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,420
Avg. Annual Appreciation
9.22%
Original Mortgage
$160,000
Outstanding Balance
$134,706
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$833,714

Purchase Details

Closed on
Apr 28, 2014
Bought by
Wallace Timothy S and Wallace Michelle R Wa

Purchase Details

Closed on
Dec 4, 2013
Sold by
Norman Pointe Development
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Stout Stephen P $485,000 None Available
Wallace Timothy S $411,500 --
Nvr Inc $28,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Stephen P $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $485,000 -0.6% $120 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $488,000 -- $121 / 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 $4,911 $788,624 $86,750 $701,874
2024 $4,875 $788,624 $86,750 $701,874
2023 $4,870 $788,624 $86,750 $701,874
2022 $3,791 $496,128 $54,000 $442,128
2021 $3,757 $496,128 $54,000 $442,128
2020 $3,542 $496,128 $54,000 $442,128
2019 $3,542 $496,128 $54,000 $442,128
2018 $3,253 $434,147 $34,900 $399,247
2017 $3,152 $434,147 $34,900 $399,247
2016 $3,141 $434,147 $34,900 $399,247
2015 $3,220 $434,147 $34,900 $399,247
2014 $226 $31,900 $31,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3327714

Canopy MLS (Canopy Realtor® Association)

APN: 85707