NOT LISTED FOR SALE

LOT 16 Long Cove Dr Unit 16 Denver, NC 28037

Estimated Value: $834,000 - $956,000

1.31 Acres
$697,048 Price per Acre
57,064 Sq Ft Lot

Last Sold August 18, 2017

Last sale price $74,000

Est. 1,134% increase in value since last sale

Current estimated payment $5,200/month

20 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Community Lake

About This Lot

As of August 2017

Waterfront Lot privately situated at the end of a cul-de-sac in Ashley Cove, an established Lake Norman neighborhood with beautiful homes. Located in Denver, the west side of Lake Norman, with low Lincoln County taxes & award winning North Lincoln schools! Nice view. Wide cove narrows & turns in front of this lot. No dock allowed. Suitable for kayak/jet ski. Low HOA dues, trailer storage lot. Well & septic needed. Approved for 3 bedroom home. Survey & home plan designed for this lot available.

Last Agent to Sell the Property

Gail Huss

Lake Norman Realty, Inc. License #219953 Listed on: 06/26/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Gretel Howell

Howard Hanna Allen Tate Lake Norman License #252117

Howard Hanna Allen Tate Lake Norman

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $18 Monthly HOA Fees

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 72011
  • Tax Block 119

Community Details

Overview

  • Ashley Cove Owners Association, Phone Number (704) 489-1320
  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.87059
  • Ratio Close Price By Original Li: 0.87059
  • Ratio Current Price By Acre: 56488.55
  • Restrictions: Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • H O A Management Phone: 704-489-1320

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Lake, Lake Access, Street Lights
  • Association Fee: 215.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ashley Cove Owners Association
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 38Rx83x267x252wfx209x59x82x306
  • Lot Features: Waterfront, Lake, Wooded
  • Parcel Number: 72011
  • Zoning: Residential Lot
  • Zoning Specification: R-SF
  • Plat Book Slide: H
  • Plat Reference Section Pages: 476

Tax Info

  • Tax Value: 72654.00
  • Tax Block: 119
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
Hnf Builders Llc
Bought by
Jones Chadwick and Jones Melissa
Current Estimated Value
$913,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Outstanding Balance
$431,269
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$481,864

Purchase Details

Listed on
Jun 26, 2017
Closed on
Aug 11, 2017
Sold by
Robinson Timothy and Robinson Terah
Bought by
Hnf Builders Llc
Seller's Agent
Gail Huss
Lake Norman Realty, Inc.
Buyer's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
List Price
$85,000
Sold Price
$74,000
Premium/Discount to List
-$11,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.46%

Purchase Details

Listed on
Mar 27, 2016
Closed on
Aug 30, 2016
Sold by
Singh Swarsha and Singh Sunandan
Bought by
Robinson Timothy and Robinson Terah
Seller's Agent
Gail Huss
Lake Norman Realty, Inc.
Buyer's Agent
Gail Huss
Lake Norman Realty, Inc.
List Price
$175,000
Sold Price
$70,000
Premium/Discount to List
-$105,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Dec 27, 1996
Bought by
Singh Swarsha B and Singh Sunandan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Chadwick $545,000 Investors Title Insurance Co
Hnf Builders Llc $74,000 None Available
Robinson Timothy $70,000 None Available
Singh Swarsha B $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Chadwick $490,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2017 08/18/17 Sold $74,000 -12.9% --
07/16/2017 07/16/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $85,000 +21.4% --
09/02/2016 09/02/16 Sold $70,000 -60.0% -- View Prior Sale
07/08/2016 07/08/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $175,000 -- --
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 $4,311 $689,499 $99,676 $589,823
2024 $4,278 $689,499 $99,676 $589,823
2023 $4,273 $689,499 $99,676 $589,823
2022 $3,215 $418,384 $83,238 $335,146
2021 $3,186 $418,384 $83,238 $335,146
2020 $2,987 $418,384 $83,238 $335,146
2019 $2,389 $334,598 $83,238 $251,360
2018 $527 $72,654 $72,654 $0
2017 $527 $72,654 $72,654 $0
2016 $1,213 $0 $0 $0
2015 $1,189 $167,654 $167,654 $0
2014 $1,336 $188,730 $188,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3295532

Canopy MLS (Canopy Realtor® Association)

APN: 72011