$380,450
SOLD AUG 7, 2024

16727 Spinnaker Ln Cornelius, NC 28031

3 Beds
2.5 Baths
1,728 Sq Ft
$265/mo HOA Fee

Recently Sold

$220 Per Sq Ft

5% Below List Price

24 Days on Market

Highlights

  • Assigned Boat Slip
  • Clubhouse
  • Private Lot
  • Bailey Middle School Rated A-
  • Deck
  • Screened Porch

About This Home

As of August 2024

Welcome to this charming 3-bedroom townhome near Lake Norman! Nestled in the desirable Mariner Villas neighborhood, this property seamlessly blends comfort with tranquil surroundings and is ready for immediate move-in. The primary bedroom offers plenty of space and features sliding glass doors leading to a back balcony.
Residents of this community have access to a range of amenities, including a gazebo, pool, and tennis courts. Boat slips are available for lease, providing easy access to the water. With its prime location near the lake, residents can enjoy various recreational activities such as boating, fishing, and lakeside walks. Additionally, the townhome is conveniently close to local amenities like Birkdale Village, lakeside restaurants, and ample shopping options. This location is truly perfect!

Last Agent to Sell the Property

Ryan Cloninger

Keller Williams Advantage Brokerage Email: ryan@cloningerproperties.com License #303881 Listed on: 05/28/2024

Keller Williams Advantage

Co-Listed By

Tony Cloninger

Keller Williams Advantage Brokerage Email: ryan@cloningerproperties.com License #114565

Last Buyer's Agent

Katherine Newman

Southern Homes of the Carolinas, Inc License #286931

Southern Homes of the Carolinas, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1980

Lot Details

  • Cleared Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Screened Porch

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Assigned Boat Slip
  • Deck

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-421-26

Community Details

Overview

  • Mariner Villas Inc Association
  • Mariner Villas Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,706

Year Built

Built in 1980

Lot Details

0

HOA Fees

$265 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1980
  • Restrictions: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 220.17
  • Geocode Confidence: High
  • Attribution Contact: ryan@cloningerproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 16727
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 826
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 300
  • Sq Ft Unheated Total: 300
  • Sq Ft Upper: 902
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Exhaust Fan
  • Above Grade Finished Sq Ft: 1728
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Living Area: 1728
  • Bedroom Main: 0
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Boat Slip (Lease/License)
  • Construction Type: Vinyl
  • Other Structures: None
  • Patio And Porch Features: Deck, Enclosed, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 300
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Assigned, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Tennis Court(s)
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Mariner Villas Inc
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: mvcommunitymailbox@gmail.com

Association/Amenities

  • Association Annual Expense: 3180.00

Schools

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

Lot Info

  • Lot Features: Cleared, Private
  • Lot Size Area: 0.041
  • Lot Size Units: Acres
  • Parcel Number: 001-421-26
  • Zoning: NR
  • Land Included Yn: 1
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

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 28, 2024
Closed on
Aug 7, 2024
Sold by
Kalan Joseph and Kalan Lori
Bought by
Capps Joseph Duncan and Capps Danny James
Seller's Agent
Ryan Cloninger
Keller Williams Advantage
Buyer's Agent
Katherine Newman
Southern Homes of the Carolinas, Inc
List Price
$399,000
Sold Price
$380,450
Premium/Discount to List
-$18,550
-4.65%
Total Days on Market
24
Views
41
Current Estimated Value
$390,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,511
Avg. Annual Appreciation
3.26%
Original Mortgage
$342,404
Outstanding Balance
$340,049
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$50,912

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 8, 2022
Sold by
Gerard Sajuthi and Gerard Michael
Bought by
Kalan Joseph and Kalan Lori
Seller's Agent
Angela Cook
Southern Homes of the Carolinas, Inc
Buyer's Agent
Mike Sposato
Carolina Realty Advisors
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Gerard Busemeyer Michael
Bought by
Busemeyer Michael Gerard and Busemeyer Ann L

Purchase Details

Closed on
Nov 13, 2003
Sold by
Grant John D and Grant Michele R
Bought by
Busemeyer Steven A

Purchase Details

Closed on
May 5, 2001
Sold by
Arnold William J
Bought by
Grant John D and Grant Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $380,500 Investors Title
Warranty Deed $320,000 Doyle & Wallace Pllc
Quit Claim Deed -- Mcintosh Law Firm
Warranty Deed $144,500 --
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,404 New Conventional
Previous Owner $62,530 Unknown
Previous Owner $81,969 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $120,000 Unknown
Previous Owner $127,000 Unknown
Previous Owner $104,000 Purchase Money Mortgage
Closed $19,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $380,450 -4.6% $220 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $399,000 +24.7% $231 / Sq Ft
07/08/2022 07/08/22 Sold $320,000 -3.0% $180 / Sq Ft
06/17/2022 06/17/22 For Sale $330,000 -- $185 / 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
2023 $1,706 $307,000 $70,000 $237,000
2022 $1,706 $196,300 $45,000 $151,300
2021 $1,647 $196,300 $45,000 $151,300
2020 $1,647 $196,300 $45,000 $151,300
2019 $1,680 $196,300 $45,000 $151,300
2018 $1,918 $175,300 $48,000 $127,300
2017 $1,901 $175,300 $48,000 $127,300
2016 $1,897 $175,300 $48,000 $127,300
2015 $1,868 $175,300 $48,000 $127,300
2014 $1,866 $175,300 $48,000 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4141682

Canopy MLS (Canopy Realtor® Association)

APN: 001-421-26