11947 Pinnacle Point Ln Charlotte, NC 28216
Mountain Island NeighborhoodEstimated Value: $1,384,000 - $1,545,000
5
Beds
4
Baths
4,737
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Boathouse
- Pier
- Waterfront
- Covered Dock
- Spa
- 1.22 Acre Lot
About This Home
As of July 2021Nestled in Mountain Point on Mountain Island Lake, this beautiful (point) property has over 200' of waterfront shoreline and 1.22 acres. It is directly across from the shores of Latta Plantation Park. One can enjoy the beauty of tree-lined views, expansive deep water views and stunning sunsets either from the 2-story dock or the screened boathouse. The master suite is located on the main with access to large deck and hot tub. The home also boasts a super stylish vernacular inglenook and a piano balcony. Plenty of storage nooks are located throughout the home. Owners can retreat downstairs to activity area for entertainment or solitude.
Conveniently located only 15 minutes to Charlotte and 10 minutes to Charlotte Douglas International Airport. Make an appointment to come view this rustic-chic estate. It is a true masterpiece.
Last Agent to Sell the Property
Crites Real Estate Brokerage Email: neal@critespropertiesllc.com License #239713 Listed on: 06/03/2021
Co-Listed By
Crites Real Estate Brokerage Email: neal@critespropertiesllc.com License #193011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,306
Year Built
- Built in 1991
Lot Details
- 1.22 Acre Lot
- Waterfront
- Wooded Lot
- Property is zoned R5
HOA Fees
- $41 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Basement Garage
- Workshop in Garage
- Garage Door Opener
- 3 Open Parking Spaces
Home Design
- Wood Siding
- Hardboard
- Stucco
Interior Spaces
- 2-Story Property
- Wired For Data
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Pocket Doors
- Great Room with Fireplace
- Water Views
- Home Security System
Kitchen
- Breakfast Bar
- Built-In Self-Cleaning Double Convection Oven
- Electric Oven
- Gas Cooktop
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Attic
- Attic Fan
- Pull Down Stairs to Attic
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Workshop
Eco-Friendly Details
- Fresh Air Ventilation System
Outdoor Features
- Spa
- Pier
- Boathouse
- Covered Dock
- Deck
- Covered patio or porch
- Fire Pit
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Heat Pump System
- Heating System Uses Natural Gas
- Gas Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 023-164-23
Community Details
Overview
- Mountain Point Subdivision
- Mandatory home owners association
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Jul 27, 2021
Sold by
Lancaster Gary L and Lancaster Bennett
Bought by
Bonelli Michael M and Bonelli Kelly L
Seller's Agent
Neal Crites
Crites Real Estate
Buyer's Agent
Lori Witham
COMPASS
List Price
$1,095,000
Sold Price
$1,075,000
Premium/Discount to List
-$20,000
-1.83%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,251
Avg. Annual Appreciation
6.62%
Original Mortgage
$806,250
Outstanding Balance
$744,399
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$630,725
Purchase Details
Closed on
Jun 25, 1998
Sold by
Vandoorn Thomas William C and Horton Amy
Bought by
Lancaster Gary L and Lancaster Bennett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
7.04%
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bonelli Michael M | $1,075,000 | Morehead Title | |
| Lancaster Gary L | $430,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bonelli Michael M | $806,250 | |
| Previous Owner | Lancaster Gary L | $277,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $1,075,000 | -1.8% | $227 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $1,095,000 | -- | $231 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $6,306 | $923,900 | $390,000 | $533,900 |
| 2022 | $6,131 | $679,500 | $325,000 | $354,500 |
| 2021 | $5,985 | $679,500 | $325,000 | $354,500 |
| 2020 | $6,513 | $679,500 | $325,000 | $354,500 |
| 2019 | $5,889 | $679,500 | $325,000 | $354,500 |
| 2018 | $6,513 | $580,200 | $300,000 | $280,200 |
| 2017 | $6,466 | $580,200 | $300,000 | $280,200 |
| 2016 | -- | $580,200 | $300,000 | $280,200 |
| 2015 | $6,324 | $580,200 | $300,000 | $280,200 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Neal Crites
N
Seller's Agent in 2021
Neal Crites
Crites Real Estate
(704) 840-4004
1 in this area
28 Total Sales
-
Janine Sipe
J
Seller Co-Listing Agent in 2021
Janine Sipe
Crites Real Estate
(704) 453-4677
2 in this area
9 Total Sales
-
Lori Witham
Buyer's Agent in 2021
Lori Witham
COMPASS
(704) 591-7500
1 in this area
26 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3743034
APN: 023-164-23
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