$2,350,000
SOLD OCT 20, 2017

8385 Norman Estates Dr Denver, NC 28037

7 Beds
7 Baths
7,317 Sq Ft
1.45 Acres

Recently Sold

$321 Per Sq Ft

6% Below List Price

92 Days on Market

Highlights

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

About This Home

As of July 2022

Elegant European style waterfront estate in exclusive gated community. Features include library with built ins & copper tin ceiling, Chef's kitchen, screened porch, billiard/game room, media room, & surround sound throughout. Outdoor entertainers paradise including heated pool/spa with expansive deck, covered patio with several outdoor dining spaces, private sandy beach with built in fire pit, and private pier with boat lift. Wine cellar with barreled ceiling and tasting room on lower level.

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Properties License #78488 Listed on: 06/12/2017

Last Buyer's Agent

Lori Ivester Jackson

Ivester Jackson Properties License #78488 Listed on: 06/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,742

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Irrigation
  • Zoning described as R-CR

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • European Architecture
  • Stucco

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • See Through Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Home Security System
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Pier
  • Boat Lift
  • Patio
  • Outdoor Fireplace

Schools

  • Catawba Springs Elementary School
  • East Lincoln Middle School
  • East Lincoln High School

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Norman Estates Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 79924

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,742

Year Built

Built in 2006

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Year Built: 2006
  • Ratio Current Price By Acre: 1631944.44
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Brick, Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Kitchen Island, Open Floorplan, Wet Bar, Whirlpool, Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3738
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 246
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1118
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2170
  • Sq Ft Unheated Upper: 806
  • Sq Ft Upper: 1644
  • Porch: Back,Covered,Screened,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Central Vacuum, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Microwave, Security System, Surround Sound
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1935
  • Fireplace Features: Den, Gas Log, Great Room, Primary Bedroom, Propane, Recreation Room, See Through
  • Living Area: 7317
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Boat Lift, Boat Slip, In-Ground Irrigation, In Ground Pool, Outdoor Fireplace, Pier
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Publically Maintained Road: 0
  • Waterfront Features: Boat Lift, Boat Slip, Pier
  • Construction Type: Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 4+ Car, Garage Door Opener

Utilities

  • Heating: Central, Heat Pump
  • Sewer: County Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Association Fee: 550
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Waterfront, Water View, 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: 1.04431

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Catawba Springs
  • High School: East Lincoln

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
12.27%
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

Similar Homes in Denver, NC

  • 2593 Las Brisas Ln, Denver, NC 28037

    $2,350,000

    • 4 Beds
    • 3.5 Baths
    • 3,905 Sq Ft
    • 2593 Las Brisas Ln
    • Denver, NC

    Enjoy lakefront living with no HOA! This 4bed, 3.5bath home sits on a flat lot with 125ft of shoreline in a quiet cove with stunning main channel views—no boat traffic, just peace. The open layout boasts custom finishes, soaring ceilings in the entry, and a main-level primary suite with incredible water views. Upstairs offers 3 spacious bedrooms and a bonus room overlooking the lake. The backyard

    Nolan Johnson True North Realty

    Section Image
  • 3248 Lake Shore Rd S, Denver, NC 28037

    $1,749,000

    • 5 Beds
    • 3 Baths
    • 3,574 Sq Ft
    • 3248 Lake Shore Rd S
    • Denver, NC

    Experience Unparalleled Lakeside Living! This newly updated retreat offers expansive long range water views from nearly every room. No detail was overlooked—luxury finishes throughout make this home truly exceptional. The chef’s kitchen is a standout, featuring a 30" Bertazzoni induction oven, custom kitchen cabinets & oversized quartz waterfall island. Solid maple floors, vaulted beamed ceilings

    Jennifer Foster Keller Williams Lake Norman

    Section Image
  • 4168 Lake Shore Rd S, Denver, NC 28037

    $1,749,000

    • 4 Beds
    • 3 Baths
    • 2,915 Sq Ft
    • 4168 Lake Shore Rd S
    • Denver, NC

    Lakefront Living at its Finest! This stunning home boasts numerous recent updates featuring jaw-dropping wide-open lake views, soaring ceilings, and a light-filled open floor plan. The home features a new roof, built in home generator, irrigation system, and encapsulated crawl space. The lower level includes refinished hardwood floors in all rooms, a luxurious primary suite, a new wet bar in the

    Stephanie Jordan Stephen Cooley Real Estate

    Section Image
  • 1350 Strawberry Ln, Denver, NC 28037

    $1,995,000

    • 4 Beds
    • 4 Baths
    • 3,848 Sq Ft
    • 1350 Strawberry Ln
    • Denver, NC

    Stunning, renovated contemporary lakefront retreat on Lake Norman's west side! Featuring rare BIG-water views & one of the largest private beaches on the lake, the home is designed for effortless gatherings. The open-concept main level offers a beautifully-appointed kitchen with island seating, dining area, & a great room, providing a seamless flow for special occasions & everyday moments. When

    Chelsea Pegram Southern Charm Realty & Retreats INC

    Section Image
  • 8150 Malibu Pointe Ln, Denver, NC 28037

    $1,795,000

    • 4 Beds
    • 3 Baths
    • 3,692 Sq Ft
    • 8150 Malibu Pointe Ln
    • Denver, NC

    Back on market at no fault of seller! A truly unique gem on Lake Norman! This French colonial is packed full of rich history and charm. Dedicated grandfathered concrete boat ramp, gorgeous lake views from nearly every room, 100' of lakefront, pier & floating dock w/ deep water. Uniquely situated on the back of the .72 acre lot to maximize lake views and privacy, this home offers a pull-through

    Chris Claflin Sunnon Inc

    Section Image
  • 8065 Bay Pointe Dr, Denver, NC 28037

    $1,999,999

    • 5 Beds
    • 4.5 Baths
    • 5,193 Sq Ft
    • 8065 Bay Pointe Dr
    • Denver, NC

    This classic lakefront home in West Bay community epitomizes the lakefront lifestyle. Resides on over half of acre land, fully fenced in backyard leads to the private dock. This home boasts 5 bedrooms/4.5baths with primary suites and 2 guest bedrooms on main. Open floor plan on main level with lake view trough windows. The gourmet kitchen features granite countertops, gas cook top, double oven

    Lori Ivester Jackson Ivester Jackson Properties

    Section Image
  • 7946 Norman Pointe Dr, Denver, NC 28037

    $2,600,000

    • 7 Beds
    • 4.5 Baths
    • 5,088 Sq Ft
    • 7946 Norman Pointe Dr
    • Denver, NC

    7946 Norman Pointe Drive offers a true luxury retreat—resort-inspired, architecturally stunning, and crafted for those who value lifestyle as much as location. Set on 1.23 acres in the coveted Norman Pointe community, this estate delivers elegance & everyday comfort at the highest level. Step into your private sanctuary where a custom Gunite saltwater pool is framed in travertine stone, spa,

    Toni McIntyre Real Broker, LLC

    Section Image
  • 4028 Spindrift Cove Unit 59 AND 60, Denver, NC 28037

    $2,545,000

    • 5 Beds
    • 5 Baths
    • 5,206 Sq Ft
    • 4028 Spindrift Cove
    • Unit 59 AND 60
    • Denver, NC

    Luxury Lake Norman Estate on 2.03 Acres of Waterfront Property - Welcome Home to your exceptional 5-bedroom, 3 full bath, 2 half bath estate, which spans 2.03 acres on Lake Norman and offers the perfect blend of luxury, privacy, and modern design. A long, secluded driveway leads you to this stunning home, complete with a 3-car garage and surrounded by serene natural beauty. Inside, you’ll find an

    Brooke Marin Providence Realty Partners, LLC

    Section Image
  • 3992 Blue Dory Ln, Denver, NC 28037

    $1,850,000

    • 4 Beds
    • 3.5 Baths
    • 3,458 Sq Ft
    • 3992 Blue Dory Ln
    • Denver, NC

    Presenting a premier Lake Norman waterfront residence with 191’ of shoreline, offering exceptional lakefront living. Built by Copper Builders in 2017, this 3,458 sq ft custom home features a private dock with 2 boat lifts, 1 jet ski port, & a heated saltwater pool. Outdoor amenities include a Gazebo, patio, wood-burning fireplace, gas fire pit, & an outdoor kitchen. The interior showcases a

    Nadine Wynn Keller Williams Lake Norman

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,200,000 Nixon Firm Pllc
Interfamily Deed Transfer -- None Available
Warranty Deed $2,350,000 Investors Title
Warranty Deed $99,000 None Available
Warranty Deed $420,000 None Available
Deed $5,025,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,880,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,923,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,392,000 Unknown
Previous Owner $1,843,690 Adjustable Rate Mortgage/ARM
Previous Owner $403,000 Unknown
Previous Owner $1,500,000 New Conventional
Previous Owner $285,000 Unknown
Previous Owner $1,640,000 Unknown
Previous Owner $420,000 Purchase Money Mortgage
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3290630

Canopy MLS (Canopy Realtor® Association)

APN: 79924