NOT LISTED FOR SALE

Lot 41 Cottonwood Dr Denver, NC 28037

Estimated Value: $945,516 - $1,079,000

0.55 Acre
$1,792,053 Price per Acre
23,958 Sq Ft Lot

Last Sold August 14, 2014

Last sale price $40,000

Est. 2,364% increase in value since last sale

Current estimated payment $5,662/month

516 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Wooded Lot
  • Rock Springs Elementary School Rated A

About This Lot

As of August 2014

Beautiful Lot in desirable Lake Norman Community of Lakewood. Below Tax Value! You have the option to Buy Now, Build Later and bring your own builder. 100% Owner Financing Available. Seasonal Waterview. Streets lined with gorgeous Custom Homes. Secure Gated Boat Storage a few steps away from your front door and minutes away from Public Lake Access and Boat Launch. Great location, schools and easy access to interstates. Lake Norman..it's a Lifestyle you Deserve! Don't miss it!

Last Agent to Sell the Property

Kathy Merlo

RE/MAX Executive Brokerage Email: kathymerlo@remax.net License #265666 Listed on: 02/16/2013

RE/MAX Executive

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

Est. Annual Taxes

  • $4,995

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 102.58x256.54x29.3
  • Wooded Lot
  • Property is zoned P-R

HOA Fees

  • $41 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 85361

Community Details

Overview

  • Hecht Property Managment Association, Phone Number (704) 489-9949
  • Lakewood Subdivision
  • Mandatory home owners association

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$4,995

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Attribution Contact: kathymerlo@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • View: Water
  • Waterfront Features: Lake
  • Other Structures: None
  • Foundation Details Proposed: Basement,Crawl Space

Utilities

  • Sewer: County Sewer
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hecht Property Managment
  • Phone: 704-489-9949
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 85361
  • Lot Size Acres: 0.55
  • Lot Size: 102.58x256.54x29.3
  • Lot Size Sq Ft: 23958
  • ResoLotSizeUnits: Acres
  • Zoning Specification: P-R

Rental Info

  • Hold Date: 2014-06-20

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
Hnf Builders Llc
Bought by
Henson Tracey Propst and Henson Harold William
Current Estimated Value
$985,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,020
Outstanding Balance
$305,578
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$680,051

Purchase Details

Listed on
Feb 16, 2013
Closed on
Aug 12, 2014
Sold by
Gallo Dale A and Gallo Donna D
Bought by
Hnf Builders Llc
Seller's Agent
Kathy Merlo
RE/MAX Executive
Buyer's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
List Price
$59,500
Sold Price
$40,000
Premium/Discount to List
-$19,500
-32.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.82%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Hecht Development Co
Bought by
Gallo Dale A and Gallo Donna D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Henson Tracey Propst $474,000 Barristers Title
Hnf Builders Llc $40,000 Chicago Title Insurance Co
Gallo Dale A $64,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Tracey Propst $379,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $40,000 -32.8% --
07/17/2014 07/17/14 Pending -- -- --
02/16/2013 02/16/13 For Sale $59,500 -- --
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 $4,995 $802,482 $92,000 $710,482
2024 $4,959 $802,482 $92,000 $710,482
2023 $4,954 $802,482 $92,000 $710,482
2022 $4,115 $539,764 $60,000 $479,764
2021 $4,077 $539,764 $60,000 $479,764
2020 $3,854 $539,764 $60,000 $479,764
2019 $3,854 $539,764 $60,000 $479,764
2018 $3,226 $430,433 $48,500 $381,933
2017 $3,125 $430,433 $48,500 $381,933
2016 $289 $0 $0 $0
2015 $296 $40,000 $40,000 $0
2014 $488 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 2133186

Canopy MLS (Canopy Realtor® Association)

APN: 85361