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5625 American Way
5625 American Way
$503,180 (our value guesstimate)
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Denver, NC 28037 ▪  (MLS # 3618310)
2-car garage  ▪   Built: 2020
4 bed  ▪  2 full & 1 half bath  ▪  2,494 Sq Ft
Sold for $350,000 on Dec 21, 2020
5625 American Way
$503,180 (our value guesstimate)
Denver, NC 28037 ▪  (MLS # 3618310)
2-car garage  ▪   Built: 2020
4 bed  ▪  2 full & 1 half bath  ▪  2,494 Sq Ft
Sold for $350,000 on Dec 21, 2020
SOLD DEC 21, 2020
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SOLD DEC 21, 2020
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SOLD DEC 21, 2020
1 of 7 
SOLD DEC 21, 2020
1 of 7 
SOLD DEC 21, 2020
1 of 7 
SOLD DEC 21, 2020
1 of 7 
SOLD DEC 21, 2020
1 of 7 
 
$350,000  (sales price)
4 bed  ▪  2 full & 1 half bath  ▪  2,494 Sq Ft
5625 American Way
Denver, NC 28037 (MLS # 3618310)
1.72 acres  ▪   Built: 2020
 Was New Construction  
Denver, NC / 28037

Our Value Guesstimate (from Computer Algorithm): $503,180

Our computer algorithm has estimated that this home would be likely to sell in a range between $427,703 and $578,657.
Sale Details
 Was New Construction 
Sales Price: $350,000
Closed: Dec 21, 2020 (1,194 days ago)
List Price: $350,000
Sold for: 100% of list price
Cumulative Days on Market: 62
Price/Sq Ft: $140
Remarks - 5625 American Way
(from previous listing) Looking for a private setting on a large (1.7 Acre) wooded lot? How about relaxing on your covered back deck? Beautifully positioned Modern Country Cottage (Vertical Hardie board Siding) New Construction Ranch w/ Finished Room over the Garage. Privacy w/ No HOA! Real Hardwoods, Granite Countertops in Kitchen, and 4-piece appliance set included! Master Bathroom features Granite Countertops, Tiled Shower, and Jacuzzi Tub! Tankless water heater! Lot did perc and permit issued for 5 bedrooms! Built ...
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General Info - MLS # 3618310
Parking: Garage - 2 Car
Year Built: 2020 (was new construction)
Listing Status: Sold
Property Type: Single Family Home
Location: Denver / Lincoln County
Lot Size: 1.72 acres
Area Schools
8/10
Pumpkin Center Intermediate School
Distance: 2.8 mi
9/10
North Lincoln Middle School
Distance: 1.9 mi
9/10
North Lincoln High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Community Features: None
Listing History
12/21/2020: MLS Sold for $350,000 (Canopy MLS)
Cumulative Days on Market: 62
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


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  Map / Satellite View

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: $503,180

Our computer algorithm has estimated that this home would be likely to sell in a range between $427,703 and $578,657.


Sale Details
Sales Price: $350,000
Closed: Dec 21, 2020 (1,194 days ago)
List Price: $350,000
Sold for: 100% of list price
Cumulative Days on Market: 62
Price/Sq Ft: $140
Remarks
(from previous listing) Looking for a private setting on a large (1.7 Acre) wooded lot? How about relaxing on your covered back deck? Beautifully positioned Modern Country Cottage (Vertical Hardie board Siding) New Construction Ranch w/ Finished Room over the Garage. Privacy w/ No HOA! Real Hardwoods, Granite Countertops i ...
Continue reading

General Info - MLS 3618310
Parking: Garage - 2 Car
Year Built: 2020 (was new construction)
Listing Status: Sold
Property Type: Single Family Home
Location: Denver / Lincoln County
Lot Size: 1.72 acres

Neighborhood Info
Community Features: None
Listing History
12/21/2020: MLS Sold for $350,000 (Canopy MLS)
Cumulative Days on Market: 62
More details

Area Schools
8/10
Pumpkin Center Intermediate School
Distance: 2.8 mi
9/10
North Lincoln Middle School
Distance: 1.9 mi
9/10
North Lincoln High School
Distance: 2.4 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.



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.