NOT LISTED FOR SALE

8236 Bay Pointe Dr Denver, NC 28037

Estimated Value: $4,208,893 - $4,906,000

5 Beds
5.5 Baths
7,186 Sq Ft
$647/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,920,000 $406 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,122/month

Highlights

  • In Ground Pool
  • Sauna
  • Open Floorplan
  • Rock Springs Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of December 2020

Views Views Views!!! Did I mention the views! Recently updated one of a kind exclusive private gated estate. On a 1.19-acre peninsula lot with over 1100 linear feet of waterfront. It is like owning your own private island in the middle of Lake Norman. This spectacluar home has been recently updated and is sure to impress. A chefs kitchen featuring Viking and Sub-Zero appliances, updated lighting, new cabinet hardware, SW Creamy color cabinets that open to the breakfast nook & great room. You will also find a game room w/ gentleman’s bar (perfect for a pool table) that leads to an amazing covered outdoor Kitchen featuring 2 grills, imported pizza oven, huge stone fireplace, bar, dishwasher and refrigerator, lower covered patio with private bath and oversized pool. This home is all about entertaining family and friends. It is also the perfect home for those seeking privacy & security. Conveniant to Retaurants and Shopping. Short commute into Uptown and Charlotte Douglas Airport.

Last Agent to Sell the Property

Susan Dolan

Ivester Jackson Christie's License #268094 Listed on: 10/14/2020

Last Buyer's Agent

Trevor Taefi

RE/MAX Executive License #243371

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 253x409x293177
  • Waterfront
  • Level Lot
  • Irrigation

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Attached Garage
  • Porte-Cochere
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Sauna
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Chute

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Fire Pit
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Westbay HOA
  • Built by Custom
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 70867

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

1.19 Acres

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Mediterranean
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97496
  • Ratio Close Price By Original Li: 0.97496
  • Ratio Current Price By Acre: 2453781.51
  • Ratio Current Price By Sq Ft: 406.35
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 3178
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Disposal, Double Oven, Exhaust Hood, Gas Oven, Gas Range, Grilltop, Ice Maker Connection, Intercom, Natural Gas, Network Ready, Oven, Refrigerator, Self Cleaning Oven, Surround Sound, Trash Compactor
  • Fireplace Description: FAMILYRM, Gas Logs, Great Room, Primary Bedroom, Natural Gas, Porch
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Built-Ins, Cable Available, Garage Shop, Garden Tub, Hot Tub, Kitchen Island, Laundry Chute, Open Floorplan, Pantry, Sauna, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 4008
  • Total Sq Ft: 7186

Exterior Features

  • Construction: Hard Stucco, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fire pit, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Pool-In-Ground, Porte-cochere, Sauna, Shed(s), Terrace, Underground Power Lines, Wired Internet Available, Workshop

Garage/Parking

  • Driveway: Circular, Concrete, Gated
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Association Fee: 365.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Westbay HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 253X409X293177
  • Lot Features: Cul-de-sac Lot, Level, Views, Water view, Waterfront, Year Round View
  • Parcel Number: 70867
  • Zoning Specification: R-SF

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Value: 2667921.00
  • Tax Location: Catawba Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 3, 2020
Sold by
Occhiuto Ralph J
Bought by
Russell D Atlas Revocable Trust
Seller's Agent
Susan Dolan
Ivester Jackson Christie's
Buyer's Agent
Trevor Taefi
RE/MAX Executive
List Price
$2,995,000
Sold Price
$2,920,000
Premium/Discount to List
-$75,000
-2.5%
Current Estimated Value
$4,651,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,731,473
Avg. Annual Appreciation
9.31%
Original Mortgage
$1,500,000
Outstanding Balance
$1,337,829
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,313,644

Purchase Details

Closed on
Jan 15, 2013
Sold by
Occhiuto Sharon and Occhiuto Ralph J
Bought by
Occhiuto Ralph J and Occhiuto Sharon

Purchase Details

Closed on
Aug 29, 2006
Sold by
Mckinney George Terry and Mckinney Kares
Bought by
Occhiuto Ralph J and Occhiuto Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
7.37%
Mortgage Type
Assumption

Purchase Details

Closed on
Sep 2, 2003
Bought by
Mckinney George Terry

Purchase Details

Closed on
Jul 17, 1996
Bought by
Terrell Patrick C and Terrell Elizabeth K
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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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
Russell D Atlas Revocable Trust $2,920,000 None Available
Occhiuto Ralph J -- None Available
Occhiuto Ralph J $2,500,000 None Available
Mckinney George Terry $1,730,800 --
Terrell Patrick C $333,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell D Atlas Revocable Trust $1,500,000
Previous Owner Occhiuto Ralph J $1,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $2,920,000 -2.5% $406 / Sq Ft
10/14/2020 10/14/20 For Sale $2,995,000 -- $417 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
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 $26,407 $4,341,637 $882,366 $3,459,271
2024 $26,300 $4,341,637 $882,366 $3,459,271
2023 $26,295 $4,341,637 $882,366 $3,459,271
2022 $20,000 $2,683,496 $707,935 $1,975,561
2021 $19,698 $2,667,921 $707,935 $1,959,986
2020 $19,049 $2,667,921 $707,935 $1,959,986
2019 $19,049 $2,667,921 $707,935 $1,959,986
2018 $17,021 $2,325,977 $706,935 $1,619,042
2017 $16,887 $2,325,977 $706,935 $1,619,042
2016 $16,828 $2,325,977 $706,935 $1,619,042
2015 $17,357 $2,325,977 $706,935 $1,619,042
2014 $17,327 $2,369,340 $747,990 $1,621,350
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Dolan

    Ivester Jackson Christie's

    (704) 560-7201

    22 in this area

    98 Total Sales

    Susan Dolan
    Section Image
  • Trevor Taefi

    Buyer's Agent in 2020

    Trevor Taefi

    RE/MAX Executives Charlotte, NC

    (704) 231-9888

    70 Total Sales

    Trevor Taefi
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3670875

Canopy MLS (Canopy Realtor® Association)

APN: 70867

North Carolina Lincoln County Denver 28037

8236 Bay Pointe Dr, Denver, NC

Not Listed for Sale

Detached

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