3927 Jasmine Ln, Denver, NC, 28037
About This Home
Excellent investment opportunity with a reliable long-term tenant already in place! The current lease runs through July 31, 2027, providing immediate cash flow with annual rental income of $19,560. Located in The Terraces, a desirable 55+ community in Denver, this well-maintained 2-bedroom, 2-bath home features a spacious open floor plan with vaulted ceilings, a large kitchen offering abundant counter space and a breakfast bar, and an enclosed sunroom that provides valuable additional living space. Beautiful hard-surface flooring runs throughout the home—no carpet! The primary suite includes a private en-suite bathroom and a generous walk-in closet, while the home's thoughtful layout offers ample storage throughout. Conveniently located within walking distance of the community clubhouse and just minutes from restaurants, shopping, and everyday conveniences in the heart of Denver. A turnkey investment with stable income in a highly desirable community.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1996
Materials
- Foundation: Slab
- Construction materials: Brick Full
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator
- Laundry features: In Kitchen,Laundry Closet
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bedroom S
- Features: Ceiling Fan(s)
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Features
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,110
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 1,110
- Total interior livable area: 1,110 sqft
Kitchen
- Features: Breakfast Bar
- Level: Main
Laundry
- Level: Main
Other
- Features: Vaulted Ceiling(s)
- Level: Main
Primary Bedroom
- Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
- Level: Main
Sunroom
- Level: Main
Property
Accessibility
- Accessibility features: Two or More Access Exits,No Interior Steps
Details
- Parcel number: 72798
- Zoning: R-S
- Special condition: Subject to Lease
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Enclosed,Rear Porch,Other
Lot
- Lot size: 0.05 Acres
- Lot size dimensions: 27 x 75 x 27 x 75
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,259 | $15,108 |
| Home Insurance * | $68 | $816 |
| Property Taxes | $146 | $1,752 |
| Electricity | $200 | $2,405 |
| Total | $1,673 | $20,076 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-18 | Listed for sale | $249,000 |
| 2023-06-09 | Sold | $225,000 |
| 2023-05-17 | Pending sale | $228,000 |
| 2023-04-24 | Price change | $228,000 |
| 2023-04-10 | Listed for sale | $249,900 |
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