NOT LISTED FOR SALE

16505 Jetton Rd Cornelius, NC 28031

Estimated Value: $4,739,707 - $6,480,000

5 Beds
7 Baths
8,127 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2022

Last sale price $4,300,000 $529 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $33,814 / mo

190 Days on Market

Highlights

  • Pier
  • In Ground Pool
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Fireplace in Primary Bedroom

About This Home

As of June 2022

Award Winning, Old World Style Estate situated on over 1 Acre on Lake Norman Built by ZAR Custom Homes w/ True Quality Craftsmanship. From the Solid Iron Front Door to the Cedar Beams & Cathedral Arches throughout the home, you get a Combination of Casual & Elegant, creating the Perfect Sense of Luxury. Designed for Impressive Lake Views from Nearly Every Room, including the Amazing Kitchen featuring 2 Large Cooking Islands & a 2nd Scullery Kitchen. The Cozy Great Room shares a Beautiful Stone Fireplace w/ the Masculine Billiards Room w/ Extensive Wet Bar & Unique Coffered Ceiling. Gorgeous Owners Suite w/ Soaring Ceilings & Elegant Fireplace, Relaxing Bath, Flex Room & Enormous Closet w/ Personal Laundry. Private Office & Multiple Rec/Media Rooms. Directly Off Great Room, Enjoy the Incredible Stone Lanai with Outdoor Kitchen & Breathtaking Views from the Saltwater Pool. Live the Ultimate Lake Life w/ a Beach & Two Boat Slip Dock. Gated Entrance & Dream 4 Car Garage. **See Feature List

Last Agent to Sell the Property

Boston Reid

Lead 2 Real Estate Group License #265912 Listed on: 11/12/2020

Lead 2 Real Estate Group

Last Buyer's Agent

Stephen Cooley

Stephen Cooley Real Estate License #6801

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • Gated Home
  • Irrigation
  • Zoning described as GR

Home Design

  • Wood Siding
  • Stone Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Mud Room
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pier
  • Outdoor Kitchen
  • Shed
  • Rear Porch

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Built by Zar Custom Homes
  • Lake Norman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00133117

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

1.08 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2009
  • Ratio Current Price By Acre: 4018691.59
  • Road Surface Type: Brick, Gated
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Built Ins, Cathedral Ceiling(s), Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4533
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 191
  • Sq Ft Unheated Upper: 191
  • Sq Ft Upper: 3594
  • Porch: Back
  • Fixture Exception Description: See Listing Agent
  • Appliances: Central Vacuum, Dishwasher, Gas Range, Oven, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Primary Bedroom
  • Living Area: 8127
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Hot Tub, In-Ground Irrigation, Outdoor Kitchen, In Ground Pool, Shed(s)
  • New Construction: No
  • Roof: Wood
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Pier
  • Construction Type: Stucco, Stone, Synthetic Stucco, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 4+ Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Laundry Room
  • Water Source: Public

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 00133117
  • Zoning Description: GR

Building Info

  • Builder Name: Zar Custom Homes

Tax Info

  • RATIO List Price By Tax Amount: 1.27414

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 9, 2022
Sold by
Sb Land Llc
Bought by
Francis Nicholas James
Seller's Agent
Boston Reid
Lead 2 Real Estate Group
Buyer's Agent
Stephen Cooley
Stephen Cooley Real Estate
List Price
$5,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$1,200,000
-21.82%
Current Estimated Value
$5,885,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585,569
Avg. Annual Appreciation
8.49%
Original Mortgage
$3,010,000
Outstanding Balance
$2,832,861
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$3,052,708

Purchase Details

Closed on
Nov 19, 2014
Sold by
Pope Susan C and Pope Tony H
Bought by
Sb Land Llc

Purchase Details

Closed on
Apr 3, 2009
Sold by
Pope Tony H and Pope Susan C
Bought by
Pope Susan C

Purchase Details

Closed on
Nov 20, 2007
Sold by
Morgan Robert Lionel and Morgan Jayne Sadler
Bought by
Pope Tony H and Pope Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Francis Nicholas James $4,300,000 Johannesmever & Sawyer Pllc
Sb Land Llc $3,600,000 None Available
Pope Susan C -- None Available
Pope Tony H $1,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Nicholas James $3,010,000
Previous Owner Pope Tony H $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $4,300,000 -14.0% $529 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $4,999,999 -9.1% $615 / Sq Ft
11/12/2020 11/12/20 For Sale $5,500,000 -- $677 / Sq Ft
Source: Canopy MLS

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
2025 $28,741 $4,372,400 $1,955,000 $2,417,400
2024 $28,741 $4,372,400 $1,955,000 $2,417,400
2023 $28,741 $4,372,400 $1,955,000 $2,417,400
2022 $33,352 $3,924,200 $1,495,000 $2,429,200
2021 $32,960 $3,924,200 $1,495,000 $2,429,200
2020 $32,960 $3,924,200 $1,495,000 $2,429,200
2019 $32,954 $3,924,200 $1,495,000 $2,429,200
2018 $30,934 $2,643,500 $700,000 $1,943,500
2017 $28,328 $2,643,500 $700,000 $1,943,500
2016 -- $2,643,500 $700,000 $1,943,500
2015 $27,924 $2,643,500 $700,000 $1,943,500
2014 $27,922 $2,643,500 $700,000 $1,943,500
Source: Public Records

Agents Affiliated with this Home

  • Boston Reid

    Seller's Agent in 2022

    Boston Reid

    Lead 2 Real Estate Group

    (704) 608-3277

    13 in this area

    209 Total Sales

    Boston Reid
    Section Image
  • Stephen Cooley

    Buyer's Agent in 2022

    Stephen Cooley

    Stephen Cooley Real Estate

    (704) 499-9099

    1 in this area

    491 Total Sales

    Stephen Cooley
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3681168

Canopy MLS

APN: 001-331-17

North Carolina Mecklenburg County Cornelius 28031

16505 Jetton Rd, Cornelius, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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