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Lowesville 28164
7522 Sedgebrook Drive
$475,000
● House - Off Market

7522 Sedgebrook Drive

Stanley, NC 28164
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,399 Ft²
$2,333
Est. Monthly

About This Property

Your very own home with a pool for under $500,000! Your dream home is waiting for you! Enjoy this open floor plan complete with eat in kitchen, including freshly painted cabinets. Cathedral ceilings, fireplace and beautiful natural light highlight your spacious great room.  Enjoy your main level primary suite with views of your pool and backyard.  Upstairs enjoy two secondary bedrooms and a second full bath. Located conveniently close to Denver shopping and only minutes to Lake Norman. Come make this your new home!
Unit Size
2,399 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CANOPYMLS #CAR4168476)

Price History

Date / Event Date Event Price
Sep 16, 2024 Sold
Premium
Sold
Aug 5, 2024 Listed by EXP Realty LLC Mooresville $475,000
Listed by EXP Realty LLC Mooresville
Dec 24, 2022 No longer available -
No longer available
Dec 22, 2022 Sold
Premium
Sold
Dec 3, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 125
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,074
  • Total Building Area: 2,055
  • Building Area: 2,055
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,055
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GATES WATERSIDE XING
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: 37W
  • Legal Description 1: #165 THE GATES AT W/SIDE

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: EAST LINCOLN
  • Census Tract: 071102

Zoning

  • Zoning: PD-MU CU

Geography

  • Assessors Map Reference: 4602-4
  • Account Number: 294713
  • District: 005
  • Parcel: 77012
  • Municipality: CATAWBA SPRINGS
  • Latitude: 35.4392
  • Longitude: -80.9966

    Address

  • Full Address: 7522 Sedgebrook Dr W
  • Address - House Number: 7522
  • Street Segment Direction: W
  • Address - Street Name: Sedgebrook
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Stanley
  • Carrier Code: R011
  • 4-Digit Zip Code: 9742
  • Zip Code: 28164

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $260,142
  • Tax Rate Code Area: EAST LINCO

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 463,225
  • High Value: 569,086
  • Low Value: 357,363

    Market Valuation

  • Market Total Value: $412,607
  • Market Land Value: $82,000
  • Market Improvement Value: $330,607

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,607
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $330,607

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 661853
  • Previous Sale Recording Date: Aug 31, 2022
  • Previous Sale Contract Date: Aug 30, 2022
  • Previous Sale Amount: $434,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lowesville

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$195

Below Asking

0.03%

Average Days on Market

64

Average Home Size

3025 ft²

Average Home Age

13.1 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5968 Pier Drive, Denver, NC, 28037

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,493 ft²
5968 Pier Drive, Denver, NC, 28037 Listing by Michelle Scholz
Unit for rent at 7942 Lake Vista Drive, Denver, NC, 28037

$2,400 /mo

  • 4 Beds
  • 3 Baths
  • 1,967 ft²
7942 Lake Vista Drive, Denver, NC, 28037 Listing by Natalie Harrison

Rentals Near You

Click here to view more rentals in the neighborhood.
CANOPYMLS

Listed by: Bryan Saldarini, EXP Realty LLC Mooresville
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4168476
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 7522 Sedgebrook Drive West built and last sold?
The property at 7522 Sedgebrook Drive West was built in 2000 and last sold on Dec 21, 2022 for $427,000.
How much is this home worth?
The estimated value of the home located at 7522 Sedgebrook Drive West is $0.
What are some comparable homes to 7522 Sedgebrook Drive West?
There are currently no comparable homes to 7522 Sedgebrook Drive West.
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