NOT LISTED FOR SALE

16802 Baywatch Ct Cornelius, NC 28031

Estimated Value: $3,033,000 - $3,286,948

5 Beds
6 Baths
6,291 Sq Ft
$500/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $1,615,000 $257 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $18,139/month

45 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of July 2018

Outstanding custom waterfront home built by Grainda Builders. Enjoy Lake Norman right out your back door; walk to the Peninsula Yacht Club just around the corner; play golf or tennis, work out at the fitness center, swim or dine at The Peninsula Club just a few blocks away; ride your bike or walk through this resort-like, tree-lined neighborhood; enjoy parks or shop close by. Come home to Baywatch Court and your beautiful 3-story home with its private dock, pretty landscaping, hardwoods, up-to-date quality finishes, functional spaces with lots of flexibility, master on the main, heated and cooled workshop, and all in a cul de sac location. Coveted school district. Home Warranty provided by Sellers. Memberships to Yacht Club and Peninsula Club available for additional fees.

Last Agent to Sell the Property

Paula Birmingham

Allen Tate Huntersville License #222835 Listed on: 03/30/2018

Allen Tate Huntersville

Last Buyer's Agent

Chris Helgeson

Ivester Jackson Properties License #229452

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 001-811-09

Community Details

Overview

  • Hawthorne Mgmt Association, Phone Number (704) 377-0114
  • Built by Grainda Builders
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 4486111.11
  • Ratio Current Price By Sq Ft: 256.72
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 2169
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Central Vacuum, Double Oven, Disposal, Dishwasher, Gas Range, Grilltop, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Security System, Natural Gas, Electric Oven
  • Fireplace Description: FAMILYRM, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Basement Shop, Built-Ins, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Wet Bar, Whirlpool, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 383
  • Sq Ft Basement: 1791
  • Main Level Sq Ft: 2331
  • Total Sq Ft: 6291
  • Sq Ft Unheated Basement: 157
  • Sq Ft Unheated Total: 157

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Tennis Court(s)
  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 148x172x40x176
  • Lot Features: Cul-de-sac Lot, Waterfront, Water view
  • Lot Size Area: 0.360
  • Parcel Number: 001-811-09
  • Plat Reference Section Pages: 389
  • Zoning Specification: GR

Building Info

  • Builder Name: Grainda Builders

Tax Info

  • Tax Value: 1332000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jul 11, 2018
Sold by
Jones Ronald A and Jones Patricia M
Bought by
Romley David and Romley Meredith
Seller's Agent
Paula Birmingham
Allen Tate Huntersville
Buyer's Agent
Chris Helgeson
Ivester Jackson Properties
List Price
$1,700,000
Sold Price
$1,615,000
Premium/Discount to List
-$85,000
-5%
Current Estimated Value
$3,144,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,737
Avg. Annual Appreciation
9.71%
Original Mortgage
$595,000
Outstanding Balance
$515,656
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$2,629,081

Purchase Details

Closed on
Nov 28, 2005
Sold by
Gp Investments Llc
Bought by
Jones Ronald A and Jones Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2004
Sold by
Wills Paul W and Wills Christine L
Bought by
G P Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Teague Earl L and Teague Cathy B
Bought by
Wills Ii Paul W and Wills Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
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
Romley David $1,615,000 None Available
Jones Ronald A $1,370,000 --
G P Investments Llc $330,000 --
Wills Ii Paul W $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romley David $595,000
Previous Owner Jones Ronald A $826,800
Previous Owner Jones Ronald A $819,639
Previous Owner Jones Ronald A $850,000
Previous Owner Gp Investments Llc $1,040,000
Previous Owner G P Investments Llc $264,000
Previous Owner Wills Ii Paul W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $1,615,000 -5.0% $257 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $1,700,000 -- $270 / 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
2025 $15,386 $2,337,100 $780,000 $1,557,100
2024 $15,386 $2,337,100 $780,000 $1,557,100
2023 $15,147 $2,337,100 $780,000 $1,557,100
2022 $12,733 $1,495,300 $570,000 $925,300
2021 $12,584 $1,495,300 $570,000 $925,300
2020 $12,584 $1,495,700 $570,000 $925,700
2019 $12,581 $1,495,700 $570,000 $925,700
2018 $14,389 $1,332,000 $490,000 $842,000
2017 $14,286 $1,332,000 $490,000 $842,000
2016 $14,282 $1,332,000 $490,000 $842,000
2015 $14,079 $1,332,000 $490,000 $842,000
2014 $14,077 $1,332,000 $490,000 $842,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3375302

Canopy MLS (Canopy Realtor® Association)

APN: 001-811-09