NOT LISTED FOR SALE

Lot 74 Cottonwood Dr Denver, NC 28037

Estimated Value: $135,000 - $502,000

0.49 Acre
$650,000 Price per Acre
21,344 Sq Ft Lot

Last Sold July 05, 2016

Last sale price $42,500

Est. 649% increase in value since last sale

Current estimated payment $1,763/month

433 Days on Market

About This Lot

As of July 2016

Large wooded lot in the highly sought after Lakewood community. This is an excellent building lot at a great price. Community features a boat storage area and a public boat launch is just minutes away. This is a neighborhood of exquisitely crafted custom homes in a very convenient location. Highly rated schools, build your dream home now or in the future!

Last Agent to Sell the Property

Michael Morgan

RE/MAX Executive License #219912 Listed on: 04/12/2015

RE/MAX Executive

Co-Listed By

Jeana Morgan

RE/MAX Executive License #140764

Last Buyer's Agent

Michael Cloninger

Southern Homes of the Carolinas, Inc License #210801

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $41 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space

Community Details

  • Cedar Management Association, Phone Number (877) 252-3327

Listing and Financial Details

  • Assessor Parcel Number 85396

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.85170
  • Ratio Close Price By Original Li: 0.65385
  • Ratio Current Price By Acre: 86734.69
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • H O A Management Phone: 877-252-3327

Utilities

  • Sewer: County Sewer, Tap Fee Required
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Association Fee: 495.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Lot Info

  • Lot Dimension: 100x222x100x205
  • Lot Features: Wooded
  • Parcel Number: 85396
  • Zoning: Residential
  • Zoning Specification: PD-R

Tax Info

  • Tax Value: 67000.00
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Fritts Construction Inc
Bought by
Kingdom Land & Homes Llc
Current Estimated Value
$318,500

Purchase Details

Listed on
Apr 12, 2015
Closed on
Jul 5, 2016
Sold by
Merkel Steve K and Merkel Patricia S
Bought by
Fritts Construction Inc
Seller's Agent
Michael Morgan
RE/MAX Executive
Buyer's Agent
Michael Cloninger
Southern Homes of the Carolinas, Inc
List Price
$65,000
Sold Price
$42,500
Premium/Discount to List
-$22,500
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
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
Kingdom Land & Homes Llc $85,000 None Available
Fritts Construction Inc $42,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2016 07/05/16 Sold $42,500 -34.6% --
06/18/2016 06/18/16 Pending -- -- --
04/12/2015 04/12/15 For Sale $65,000 -- --
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 -- $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3077858

Canopy MLS (Canopy Realtor® Association)

APN: 85396