NOT LISTED FOR SALE

7987 Bay Pointe Dr Denver, NC 28037

Estimated Value: $957,941 - $1,006,000

4 Beds
4.5 Baths
3,822 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $500,000 $131 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,633/month

186 Days on Market

Highlights

  • Community Lake
  • Cathedral Ceiling
  • Wood Flooring
  • Rock Springs Elementary School Rated A
  • Traditional Architecture
  • Fireplace

About This Home

As of April 2020

Amazing must see home in Lake Norman community with community boat ramp and a secure boat and trailer storage lot. Beautifully custom built home on a little over a half acre in a great school district. Master bedroom is on the main level and a huge kitchen comes fully equipped. Upstairs are 3 large bedrooms and 3 baths. 2 of the bedrooms have lovely vaulted ceilings and there is also a large bonus room equipped with a granite topped bar that is plumbed for a sink. New carpet in the bonus room and lovely just refinished hardwoods cover the main level. Step outside of the 2 story great room and enjoy the year round outdoor screened porch over looking a beautiful water feature. In the expansive professionally maintained yard you will find lovely cobblestone paths and a large outdoor hardscaped area perfect for dining and entertainment.

Last Agent to Sell the Property

Stephanie Barker

Keller Williams Advantage License #289658 Listed on: 08/17/2019

Keller Williams Advantage

Last Buyer's Agent

Courtney Defruscio

Bespoke Realty License #274544

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.53

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Level Lot
  • Cable TV Available

Community Details

  • Westbay HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 70833

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93458
  • Ratio Close Price By Original Li: 0.91075
  • Ratio Current Price By Acre: 943396.23
  • Ratio Current Price By Sq Ft: 130.82
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1735
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Natural Gas, Gas Oven
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Pantry, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2087
  • Total Sq Ft: 3822
  • Sq Ft Unheated Main: 311
  • Sq Ft Unheated Total: 311

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Westbay HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.530
  • Parcel Number: 70833
  • Zoning Specification: R-SF

Tax Info

  • Tax Value: 472930.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Apr 6, 2020
Sold by
Walker Grady Stevn and Walker Laura T
Bought by
Verdera Francisco and Verdera Frank
Seller's Agent
Stephanie Barker
Keller Williams Advantage
Buyer's Agent
Courtney Defruscio
Bespoke Realty
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$980,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,485
Avg. Annual Appreciation
12.93%
Original Mortgage
$100,000
Outstanding Balance
$88,395
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$892,090

Purchase Details

Closed on
Aug 15, 2014
Sold by
Pyke James G and Steffy Debra L
Bought by
Walker Ii Grady Steven and Walker Laura T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2002
Bought by
Pyke James G and Steffy Debra L

Purchase Details

Closed on
May 1, 1998
Bought by
Patterson James Rodney and Robin Tho

Purchase Details

Closed on
Mar 15, 1996
Bought by
Kiser Darrell G and Haynes Robin R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Verdera Francisco $500,000 None Available
Walker Ii Grady Steven $469,000 None Available
Pyke James G $57,000 --
Patterson James Rodney $32,000 --
Kiser Darrell G $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdera Francisco $100,000
Previous Owner Walker Ii Grady Steven $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $500,000 -6.5% $131 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
09/29/2019 09/29/19 Price Changed $535,000 -0.7% $140 / Sq Ft
09/03/2019 09/03/19 Price Changed $539,000 -1.8% $141 / Sq Ft
08/17/2019 08/17/19 For Sale $549,000 -- $144 / 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 $5,475 $881,874 $100,000 $781,874
2024 $5,438 $881,874 $100,000 $781,874
2023 $5,433 $881,874 $100,000 $781,874
2022 $4,310 $566,166 $80,000 $486,166
2021 $4,271 $566,166 $80,000 $486,166
2020 $4,042 $566,166 $80,000 $486,166
2019 $4,042 $566,166 $80,000 $486,166
2018 $3,534 $472,930 $89,000 $383,930
2017 $3,433 $472,930 $89,000 $383,930
2016 $3,422 $472,930 $89,000 $383,930
2015 $3,590 $472,930 $89,000 $383,930
2014 $3,591 $481,984 $99,000 $382,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3539275

Canopy MLS (Canopy Realtor® Association)

APN: 70833