NOT LISTED FOR SALE

Lot 44 Cottonwood Dr Cottonwood Dr Unit 44 Denver, NC 28037

Estimated Value: $148,796 - $463,000

0.56 Acre
$465,601 Price per Acre
24,568 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $100,000

Est. 163% increase in value since last sale

Current estimated payment $1,473/month

34 Days on Market

Highlights

  • Access To Lake
  • RV or Boat Storage in Community
  • Wooded Lot
  • Rock Springs Elementary School Rated A
  • Community Lake
  • Paved or Partially Paved Lot

About This Lot

As of July 2022

The best building lot left in this Waterfront community...Lakewood Subdivision! Homes valued from $650k to over $1.7! This wooded lot with gentle slope is great for basement. Low Lincoln County taxes, no city taxes, minutes from Litttle Crk public boat access at the end of Burton Ln, community gated boat & RV storage, curb and gutter, and streetlights. WATER AND SEWER TAP FEES ALREADY PAID FOR NEW OWNERS ($10k value). Excellent location and schools.

Last Agent to Sell the Property

Terrie Fink

Terrie Fink & Associates LLC License #190867 Listed on: 06/24/2022

Last Buyer's Agent

Debbie Monroe

Lake Norman Realty, Inc. License #106258

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $484

Lot Details

  • Lot Dimensions are 100x188x150x301
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as PD-R

HOA Fees

  • $46 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 85364

Community Details

Overview

  • Lake Norman Realty Propery Management Association, Phone Number (704) 489-9949
  • Lakewood Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • RV or Boat Storage in Community
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$484

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 178571.43
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: County Road, Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Abbeville
  • Construction Type: Site Built
  • Wooded Acres: 0.56
  • Water Body Name: Lake Norman

Utilities

  • Sewer: County Sewer, Other
  • Water Source: County Water, Other

Condo/Co-op/Association

  • Community Features: Lake, Lake Access, RV/Boat Storage, Street Lights
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Lake Norman Realty Propery Management
  • Phone: 704-489-9949
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 550.00

Lot Info

  • Lot Features: Lake Access, Paved, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 85364
  • Out Buildings Yn: 0
  • Plat Book Slide: 13-497
  • Can Be Subdivided: 0
  • Lot Size: 100x188x150x301
  • Zoning Description: PD-R

Tax Info

  • RATIO List Price By Tax Amount: 2.10000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Berghoff Timothy E and Berghoff Kelli
Bought by
Blue Gorilla Construction Llc
Current Estimated Value
$262,599

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 28, 2022
Sold by
Fink Jr John J and Fink Terrie A
Bought by
Berghoff Timothy E
Seller's Agent
Terrie Fink
Terrie Fink & Associates LLC
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.63%

Purchase Details

Closed on
Aug 14, 2006
Sold by
Hecht Development Co
Bought by
Fink John J
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
Blue Gorilla Construction Llc $150,000 None Listed On Document
Berghoff Timothy E $100,000 Sandra L Knox Pc
Fink John J $58,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $100,000 -4.8% --
06/24/2022 06/24/22 For Sale $105,000 -- --
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 $484 $80,000 $80,000 $0
2024 $482 $80,000 $80,000 $0
2023 $482 $80,000 $80,000 $0
2022 $371 $50,000 $50,000 $0
2021 $367 $50,000 $50,000 $0
2020 $357 $50,000 $50,000 $0
2019 $357 $50,000 $50,000 $0
2018 $290 $40,000 $40,000 $0
2017 $290 $40,000 $40,000 $0
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: 3873964

Canopy MLS (Canopy Realtor® Association)

APN: 85364