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1915 Lotus Lane

1915 Lotus Lane, Denver, NC 28037
Property in Lincoln
Sold Apr 15, 2021
$365,000
$250,000 by First Merchants Bank
Mortgage Due May 01, 2036
Sold May 11, 2020
$337,000
$320,197 by Loandepot.com Llc
Mortgage Due Jun 01, 2050
Local assessors in Denver, NC have categorized 1915 Lotus Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 10,542 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1915 Lotus Lane has a total of 1,674 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1915 Lotus Lane was last sold in Apr 15, 2021 for $365,000. According to our calculations, that's $218.04 per sqft. Prior to that sales transaction, the property was sold for $337,000 in May 8, 2020. Current property owners are expected to pay $2,403 in taxes per year. The property on 1915 Lotus Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $378,599. To break that down further, the land itself was valued at $62,000. While improvements to the property were assessed at a total of $316,599. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Building Style: Custom
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Total Building Area: 1,674
  • Building Area: 1,674
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FINAL PLAT OF COMPANY CREEK PHASE 2
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #61 LT CANOPY CREEK PH 2

Ownership

  • Current Owner : BELL DENZIL M
  • Current Owner 2: BELL MARY JEAN
  • Previous Owner : HAZELTON SCOTT
  • Previous Owner 2: HAZELTON CARLA
  • Owner Before Previous Owner: MERITAGE HOMES OF THE CAROLINAS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: DENVER
  • Census Tract: 071101

Zoning

  • Zoning: PD-R

Geography

  • Assessors Map Reference: 3693
  • Account Number: 283885
  • Parcel: 101305
  • Municipality: CATAWBA SPRINGS
  • Latitude: 35.4863
  • Longitude: -81.0227

    Address

  • Full Address: 1915 Lotus Ln
  • Address - House Number: 1915
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Denver
  • Carrier Code: R011
  • 4-Digit Zip Code: 7897
  • Zip Code: 28037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,403
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 462,668
  • High Value: 568,468
  • Low Value: 356,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $378,599
  • Market Land Value: $62,000
  • Market Improvement Value: $316,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,599
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $316,599

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11830592912
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 629382
  • Previous Sale Recording Date: May 11, 2020
  • Previous Sale Contract Date: May 08, 2020
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: May 11, 2020
  • Previous Mortgage Loan Amount: $320,197
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 1915 Lotus Lane located in?
The 1915 Lotus Lane is a located in the neighborhood of Lincoln in Lincoln, Denver.
What is the average sales price for listings in 1915 Lotus Lane?
The average sales price for units in 1915 Lotus Lane is $0 currently.

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