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Terra Vista Realty
7279 Albemarle Drive
7279 Albemarle Drive
$675,804 (our value guesstimate)
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Denver, NC 28037 ▪  (MLS # 3387969)
2-car garage  ▪   Built: 2018  ▪   Primary Up
5 bed  ▪  4 full & 1 half bath  ▪  4,142 Sq Ft
Sold for $395,000 on Oct 12, 2018
7279 Albemarle Drive
$675,804 (our value guesstimate)
Denver, NC 28037 ▪  (MLS # 3387969)
2-car garage  ▪   Built: 2018  ▪   Primary Up
5 bed  ▪  4 full & 1 half bath  ▪  4,142 Sq Ft
Sold for $395,000 on Oct 12, 2018
SOLD OCT 12, 2018
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$395,000  (sales price)
5 bed  ▪  4 full & 1 half bath  ▪  4,142 Sq Ft
7279 Albemarle Drive
Denver, NC 28037 (MLS # 3387969)
.46 acres  ▪   Built: 2018  ▪   Primary Bedroom Up
Subdivision: Covington at Lake Norman
 Was New Construction  
Denver, NC / 28037

Our Value Guesstimate (from Computer Algorithm): $675,804

Our computer algorithm has estimated that this home would be likely to sell in a range between $574,433 and $777,175.
Sale Details
 Was New Construction 
Sales Price: $395,000
Closed: Oct 12, 2018 (1,995 days ago)
List Price: $395,000
Sold for: 100% of list price
Cumulative Days on Market: 102
Price/Sq Ft: $95
Remarks - 7279 Albemarle Drive
(from previous listing) Guest Suite Down with sitting room Media Room Master Bath with his and her sinks separate tile shower and a soaking tub Huge Master Closet Large granite island and walk in pantry Gourmet Kitchen with gas cook top and double ovens 5" Hardwoods throughout main floor
General Info - MLS # 3387969
Parking: Attached, Garage - 2 Car
Year Built: 2018 (was new construction)
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Denver / Lincoln County
Lot Size: .46 acres
Area Schools
10/10
Rock Springs Elementary School
Distance: 2.8 mi
9/10
North Lincoln Middle School
Distance: 8.0 mi
9/10
North Lincoln High School
Distance: 8.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Covington at Lake Norman
Community Features: Club House, Playground, Pool
Listing History
10/12/2018: MLS Sold for $395,000 (Canopy MLS)
Cumulative Days on Market: 102
More details

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

See Sold Homes in Covington at Lake Norman
SOLD SEP 11, 2023
Sold for $161/Sq Ft & 101% of list
9 cumulative days on market
$705,000 (sales price)
5 bed  ▪  4 full & 1 h. bath  ▪  4,382 SqFt
7296 Albemarle Dr
Denver, NC 28037
Covington at Lake Norman
0.0 mi.

SOLD JUL 6, 2023
Sold for $187/Sq Ft & 95% of list
10 cumulative days on market
$730,000 (sales price)
6 bed  ▪  4 full bath  ▪  3,906 SqFt
7302 Albemarle Dr
Denver, NC 28037
Covington at Lake Norman
0.1 mi.

SOLD APR 25, 2023
Sold for $186/Sq Ft & 102% of list
5 cumulative days on market
$671,000 (sales price)
6 bed  ▪  4 full bath  ▪  3,613 SqFt
7303 Albemarle Dr
Denver, NC 28037
Covington at Lake Norman
0.1 mi.

Neighborhood Summary (single family)
Covington At Lake Norman

Sales in:

Median $ / Sq Ft (single family)
Covington At Lake Norman




28037 ZIP Code Trends
28037 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28037 is the 35th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28037 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

18
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 18 cumulative days on market in the 28037 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28037-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28037.

46%
of Available Homes
Are Under Contract
46% of previously owned 28037-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28037 Area Metro Area
1-year + 2% + 2%
2-year + 9% + 2%
5-year +73% +66%
The price per square foot of 28037-area re-sale homes has increased by approximately 73% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $233 per square foot in 28037 over the past 90 days - as compared to $212 for the entire metro area.

16
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 16 cumulative days on market in the 28037 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price

22% of previously owned 28037-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28037.

Price Per Square Foot Change
Period 28037
Area
Metro
Area
1-year + 2% + 2%
2-year + 9% + 2%
5-year +73% +66%

The price per square foot of 28037-area re-sale homes has increased by approximately 73% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $233 per square foot in 28037 over the past 90 days - as compared to $212 for the entire metro area.

47%
of Available Homes
Are Under Contract

47% of previously owned 28037-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $675,804

Our computer algorithm has estimated that this home would be likely to sell in a range between $574,433 and $777,175.


Sale Details
Sales Price: $395,000
Closed: Oct 12, 2018 (1,995 days ago)
List Price: $395,000
Sold for: 100% of list price
Cumulative Days on Market: 102
Price/Sq Ft: $95
Remarks
(from previous listing) Guest Suite Down with sitting room Media Room Master Bath with his and her sinks separate tile shower and a soaking tub Huge Master Closet Large granite island and walk in pantry Gourmet Kitchen with gas cook top and double ovens 5" Hardwoods throughout main floor
General Info - MLS 3387969
Parking: Attached, Garage - 2 Car
Year Built: 2018 (was new construction)
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Denver / Lincoln County
Lot Size: .46 acres

Neighborhood Info
Subdivision: Covington at Lake Norman
Community Features: Club House, Playground, Pool
Listing History
10/12/2018: MLS Sold for $395,000 (Canopy MLS)
Cumulative Days on Market: 102
More details

Area Schools
10/10
Rock Springs Elementary School
Distance: 2.8 mi
9/10
North Lincoln Middle School
Distance: 8.0 mi
9/10
North Lincoln High School
Distance: 8.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Covington At Lake Norman neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Lakehaven Estates, Westport, and Eastwind Cove.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. 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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.