NOT LISTED FOR SALE

16500 Morecambe Dr Cornelius, NC 28031

Estimated Value: $1,191,000 - $1,297,057

5 Beds
4.5 Baths
3,572 Sq Ft
$345/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $1,180,000 $330 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,416/month

Highlights

  • Water Views
  • Covered Dock
  • Open Floorplan
  • J.V. Washam Elementary School Rated 9+
  • Boat Slip
  • Deck

About This Home

As of June 2024

Pristine Lakeview beauty nestled conveniently near the southern shores of Lake Norman. Elegant white exterior surrounds the open light-filled rooms within. The incredible cook's kitchen (2022) has honed quartzite countertops, two ovens (one with steam!) a dinette, designer lighting+custom white cabinetry. The dining/living areas are oversized+enhanced by high-end window treatments and hardwood floors newly refinished in the perfect color. Awake in the large main level primary suite complete with walk-in shower/free-standing tub. Relax in the vaulted screened porch, or warm up in the colder months by the fireplace. Find flexible living options w/5 bedrooms (2 Downstairs!) 4.5 baths + theater room. Take a short walk to your assigned BOAT SLIP. Or visit community: lakeside pool, dock or tennis court. Find rest in the low maintenance luxury of an HOA tended lawn as well as benefit from numerous updates such as(2023)new driveway, water heater, garage door, EV charging circuit. Roof(2020).

Last Agent to Sell the Property

Jayne Cantello

Southern Homes of the Carolinas, Inc Brokerage Email: jaynecantellorealtor@gmail.com License #299110 Listed on: 05/13/2024

Last Buyer's Agent

Shelley Karpeles

Keller Williams South Park License #350730

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 108x83
  • Corner Lot
  • Lawn
  • Property is zoned GR

HOA Fees

  • $346 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 3 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Boat Slip
  • Covered Dock
  • Deck

Schools

  • J.V. Washam Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00152104

Community Details

Overview

  • Main Street Association, Phone Number (704) 255-1266
  • 100 Norman Place Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,992

Year Built

Built in 1988

Lot Details

0

HOA Fees

$346 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1988
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 330.35
  • Geocode Confidence: High
  • Attribution Contact: jaynecantellorealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Other, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1840
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1732
  • Appliances: Bar Fridge, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 3572
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Living Room
  • Living Area: 3572
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 16

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Boat Slip (Deed), Covered structure
  • Exclusions: theater room projector and screen
  • Construction Type: Hard Stucco, Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1039
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Main Street
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 4156.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Views
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 00152104
  • Zoning: GR
  • Lot Size: 108x83
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 14, 2024
Sold by
Samroengraja Rungson and Samroengraja Juliet Demasi
Bought by
Church Christopher Ryan and Korman Brandy
Seller's Agent
Jayne Cantello
Southern Homes of the Carolinas, Inc
Buyer's Agent
Shelley Karpeles
Keller Williams South Park
List Price
$1,175,000
Sold Price
$1,180,000
Premium/Discount to List
$5,000
0.43%
Views
9
Current Estimated Value
$1,230,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,764
Avg. Annual Appreciation
2.70%
Original Mortgage
$944,000
Outstanding Balance
$936,193
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$282,442

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 12, 2022
Sold by
Trautwein Betty B
Bought by
Samroengraja Rungson and Samroengraja Juliet Demasi
Seller's Agent
Catherine Taylor
Allen Tate Lake Norman
Buyer's Agent
Tracy Corcoran
NextHome World Class
List Price
$849,700
Sold Price
$781,000
Premium/Discount to List
-$68,700
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%

Purchase Details

Closed on
Dec 29, 1988
Bought by
Trautwein William H and Trautwein Betty B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Church Christopher Ryan $1,180,000 None Listed On Document
Samroengraja Rungson $781,000 New Title Company Name
Trautwein William H $231,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Christopher Ryan $944,000
Previous Owner Trautwein William H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $1,180,000 +0.4% $330 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,175,000 +50.4% $329 / Sq Ft
01/12/2022 01/12/22 Sold $781,000 -2.3% $221 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/06/2021 12/06/21 Price Changed $799,700 -5.9% $227 / Sq Ft
11/19/2021 11/19/21 For Sale $849,700 -- $241 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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
2024 $4,992 $753,200 $225,000 $528,200
2023 $4,912 $753,200 $225,000 $528,200
2022 $5,242 $624,900 $185,000 $439,900
2021 $5,282 $624,900 $185,000 $439,900
2020 $5,282 $624,900 $185,000 $439,900
2019 $5,276 $624,900 $185,000 $439,900
2018 $5,801 $535,500 $200,000 $335,500
2017 $5,758 $535,500 $200,000 $335,500
2016 $5,754 $535,500 $200,000 $335,500
2015 $5,670 $535,500 $200,000 $335,500
2014 $5,668 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4133782

Canopy MLS (Canopy Realtor® Association)

APN: 001-521-04