NOT LISTED FOR SALE

8385 Norman Estates Dr Denver, NC 28037

Estimated Value: $5,558,000 - $6,247,000

6 Beds
9 Baths
7,901 Sq Ft
$740/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $5,200,000 $658 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $34,557/month

4 Days on Market

Highlights

  • Covered Dock
  • Pier
  • In Ground Pool
  • St. James Elementary School Rated A-
  • Boat Lift
  • 4-minute walk to Beatty's Ford Park

About This Home

As of July 2022

Exquisite, extensively renovated waterfront home on 1.44 acre lot. This Modern European home is located within the exclusive, gated Norman Estates community. 294 feet of shoreline with private sandy beach. The grand foyer entrance leads into a newly designed sleek gourmet kitchen featuring all brand new high-end appliances. Oversized center island with a matte, white oak counter combined with a white fusion quartz. primary suite on the main level, with 2-sided marble fireplace, Italian Marble floors and counters and heated floors. Large his/hers walk-in closets, and private exercise room. Upper level office overlooks the beautiful lake! State-of-the-art upper level gym with steam shower and sauna. The stylish basement level features a full modern kitchen, new theater room, wine cellar/tasting room, and a full bar with glass wine bottle chilling wall. Newly designed heated pool and spa with Indiana Limestone surround. This home has impeccable design features with a wonderful aesthetic!

Last Agent to Sell the Property

Liza Caminiti

Ivester Jackson Distinctive Properties License #279185 Listed on: 06/08/2022

Last Buyer's Agent

Lori Drapeau-Rogers

EXP Realty LLC Mooresville License #260415

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,742

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Private Lot
  • Irrigation
  • Cleared Lot
  • Zoning described as R-CR

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • European Architecture
  • Stucco

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Sauna
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Pier
  • Boat Lift
  • Covered Dock
  • Balcony
  • Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace

Utilities

  • Central Heating
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 79924

Community Details

Overview

  • Norman Estates HOA, Phone Number (704) 562-6845
  • Norman Estates Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • RV or Boat Storage in Community

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,742

Year Built

Built in 2006

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Transitional
  • Year Built: 2006
  • Ratio Current Price By Acre: 3611111.11
  • Restrictions: Architectural Review,Building
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Cobblestone, Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Tile, Wood
  • Interior Amenities: Attic Other, Attic Walk In, Built Ins, Drop Zone, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Sauna, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 38
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3668
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 268
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 24
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 913
  • Sq Ft Unheated Upper: 621
  • Sq Ft Upper: 2049
  • Porch: Back,Balcony,Covered,Deck,Front,Patio,Screened
  • Appliances: Bar Fridge, Ceiling Fan(s), Central Vacuum, CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Gas Oven, Microwave, Network Ready, Oven, Propane Cooktop, Refrigerator, Security System, Surround Sound, Wall Oven, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2184
  • Fireplace Features: Gas Log, Great Room, Living Room, Porch, Primary Bedroom
  • Living Area: 7901
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Outdoor Shower, In Ground Pool, Terrace, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Covered structure, Dock, Pier
  • Construction Type: Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1115
  • Parking Features: Attached Garage, Driveway, Electric Vehicle Charging Station(s), Garage - 4+ Car, Garage Door Opener, Keypad Entry, Other

Utilities

  • Heating: Central, Gas Hot Air Furnace, Propane
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Basement
  • Water Source: Public, Filtration System

Condo/Co-op/Association

  • Community Features: Gated, Lake, RV/Boat Storage, Sidewalks, Street Lights
  • Association Fee: 900
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Norman Estates HOA
  • Phone: 704-562-6845
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Private, Views, Waterfront, Year Round View
  • Lot Size Area: 1.44
  • Lot Size Units: Acres
  • Parcel Number: 79924
  • Zoning Description: R-CR

Tax Info

  • RATIO List Price By Tax Amount: 1.95004

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 6, 2022
Sold by
Hadley Fenn Brian and Hadley Elisabeth W
Bought by
Davis Jeff M and Davis Paige T
Seller's Agent
Liza Caminiti
Ivester Jackson Distinctive Properties
Buyer's Agent
Lori Drapeau-Rogers
EXP Realty LLC Mooresville
List Price
$5,125,000
Sold Price
$5,200,000
Premium/Discount to List
$75,000
1.46%
Current Estimated Value
$5,843,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,636
Avg. Annual Appreciation
3.77%
Original Mortgage
$2,700,000
Outstanding Balance
$2,556,333
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$3,287,303

Purchase Details

Closed on
Apr 28, 2020
Sold by
Fenn Brian Hadley and Fenn Elisabeth W
Bought by
Fenn Brian Hadley and Fenn Elisabeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 20, 2017
Sold by
Elnitsky John and Elnitsky Christine
Bought by
Fenn Brian Hadley and Braian Hadley Fenn Revocable Trust
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Lori Ivester Jackson
Ivester Jackson Properties
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$1,880,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2013
Sold by
Redelsperger Rodney L and Redelsperger Jamie Lea
Bought by
Elnitsky John and Elnitsky Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,923,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2005
Sold by
Norman Estates Llc
Bought by
Redelsperger Rodney L and Redelsperger Jamie Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Bought by
Norman Estates Llc
Source: Public Records

Range of Values:

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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
Davis Jeff M $5,200,000 Nixon Firm Pllc
Fenn Brian Hadley -- None Available
Fenn Brian Hadley $2,350,000 Investors Title
Elnitsky John $99,000 None Available
Redelsperger Rodney L $420,000 None Available
Norman Estates Llc $5,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jeff M $2,700,000
Previous Owner Fenn Brian Hadley $150,000
Previous Owner Fenn Brian Hadley $250,000
Previous Owner Fenn Brian Hadley $1,880,000
Previous Owner Elnitsky John $1,923,000
Previous Owner Leland Property Management Llc $1,392,000
Previous Owner Redelsperger Rodney L $1,843,690
Previous Owner Redelsperger Rodney L $403,000
Previous Owner Redelsperger Rodney L $1,500,000
Previous Owner Redelsperger Rodney L $285,000
Previous Owner Redelsperger Rodney L $1,640,000
Previous Owner Redelsperger Rodney L $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $5,200,000 +1.5% $658 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $5,125,000 +118.1% $649 / Sq Ft
10/20/2017 10/20/17 Sold $2,350,000 -6.0% $321 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $2,500,000 -- $342 / 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 $29,742 $4,901,020 $1,145,500 $3,755,520
2024 $29,595 $4,901,020 $1,145,500 $3,755,520
2023 $29,590 $4,901,020 $1,145,500 $3,755,520
2022 $19,595 $2,636,012 $793,375 $1,842,637
2021 $19,668 $2,628,153 $793,375 $1,834,778
2020 $18,318 $2,628,153 $793,375 $1,834,778
2019 $18,318 $2,628,153 $793,375 $1,834,778
2018 $16,858 $2,393,922 $743,150 $1,650,772
2017 $16,757 $2,393,922 $743,150 $1,650,772
2016 $16,686 $2,393,922 $743,150 $1,650,772
2015 $17,594 $2,393,922 $743,150 $1,650,772
2014 $12,967 $1,878,428 $717,037 $1,161,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3856021

Canopy MLS (Canopy Realtor® Association)

APN: 79924