NOT LISTED FOR SALE

16815 Lake Shore Dr Unit 7 & 12 Cornelius, NC 28031

Estimated Value: $1,331,000 - $1,623,000

5 Beds
3.5 Baths
3,846 Sq Ft
$387/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $585,000 $152 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $8,733/month

168 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Wood Flooring
  • J.V. Washam Elementary School Rated 9+
  • Transitional Architecture
  • Fireplace

About This Home

As of January 2019

Water view home with LAKE ACCESS on Norman Island (NO HOA FEES). Craftsman style home renovated in 2007/08. 4" Hickory floors on main level Freshly painted throughout most of home. Located on 2 lots w/ 1/6 interest in LAKE ACCESS lot -(room for a pool) .72 aces on double lot where an accessory home or extra garage can be built with separate street access.
2-10 Home Warranty offered. Rinnai tankless water heater.Composite deck, boat ramp access. W. A. Hough High School district!

Last Agent to Sell the Property

Jan Cameron

Allen Tate Lake Norman License #255034 Listed on: 05/18/2018

Allen Tate Lake Norman

Last Buyer's Agent

ian starowicz

Modern Realty, LLC License #261669

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Irrigation
  • Many Trees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-033-01

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94370
  • Ratio Close Price By Original Li: 0.90698
  • Ratio Current Price By Acre: 812500.00
  • Ratio Current Price By Sq Ft: 152.11
  • Year Built: 1979
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1634
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Central Vacuum, Disposal, Dishwasher, Gas Range, Microwave, Natural Gas, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 907
  • Main Level Sq Ft: 2212
  • Total Sq Ft: 3846
  • Sq Ft Unheated Main: 907
  • Sq Ft Unheated Total: 907

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: 91x27x91x306
  • Lot Features: Lake Access, Level, Trees, Water view
  • Lot Size Area: 0.720
  • Parcel Number: 001-033-01
  • Zoning Specification: GR

Tax Info

  • Tax Value: 438000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Swanson and Ashley
Bought by
Schrum Michael and Schrum Laura
Current Estimated Value
$1,486,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$762,214
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$724,695

Purchase Details

Listed on
May 18, 2018
Closed on
Jan 16, 2019
Sold by
Goolsby Nicole
Bought by
Swanson Jeff and Swanson Ashley
Seller's Agent
Jan Cameron
Allen Tate Lake Norman
Buyer's Agent
ian starowicz
Modern Realty, LLC
List Price
$645,000
Sold Price
$585,000
Premium/Discount to List
-$60,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$525,442
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2016
Sold by
Fsf Crown Holdings Llc
Bought by
Danek Leo and Danek Kerri

Purchase Details

Closed on
Mar 3, 2016
Sold by
Goolsby Nicole R
Bought by
Fsf Crown Holding Llc

Purchase Details

Closed on
Jul 29, 2008
Sold by
Rion Homes Inc
Bought by
Goolsby Nicole

Purchase Details

Closed on
Jun 18, 2007
Sold by
Rion Homes Inc
Bought by
Rion Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2007
Sold by
Goolsby Nicole
Bought by
Rion Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2007
Sold by
Williams Gary Randall and Williams Carol T
Bought by
Goolsby Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 16, 2005
Sold by
Williams Gary Randall
Bought by
Williams Gary Randall and Williams Carol T

Purchase Details

Closed on
Feb 7, 2005
Sold by
Williams Ralph O and Williams Margaret
Bought by
Williams Gary Randall

Purchase Details

Closed on
Dec 20, 2004
Sold by
Williams Ralph O and Williams Margaret
Bought by
Williams Gary Randall and Williams Ralph O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schrum Michael $1,250,000 Sinclair Law Pllc
Swanson Jeff $585,000 None Available
Danek Leo -- None Available
Fsf Crown Holding Llc -- None Available
Goolsby Nicole -- None Available
Rion Homes Inc -- None Available
Rion Homes Inc -- None Available
Goolsby Nicole $325,000 None Available
Williams Gary Randall -- --
Williams Gary Randall -- --
Williams Gary Randall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrum Michael $150,000
Open Schrum Michael $800,000
Previous Owner Swanson Ashley $268,893
Previous Owner Swanson Ashley $510,400
Previous Owner Swanson Jeff $525,442
Previous Owner Goolsby Nicole $551,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $585,000 -5.6% $152 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $619,900 -3.1% $161 / Sq Ft
07/16/2018 07/16/18 Price Changed $639,900 -0.8% $166 / Sq Ft
05/18/2018 05/18/18 For Sale $645,000 -- $168 / 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 $7,762 $1,175,400 $343,800 $831,600
2023 $7,640 $1,175,400 $343,800 $831,600
2022 $189 $568,300 $200,000 $368,300
2021 $4,674 $552,500 $200,000 $352,500
2020 $4,674 $552,500 $200,000 $352,500
2019 $4,668 $552,500 $200,000 $352,500
2018 $4,750 $438,000 $140,000 $298,000
2017 $4,714 $438,000 $140,000 $298,000
2016 $4,710 $438,000 $140,000 $298,000
2015 $4,641 $438,000 $140,000 $298,000
2014 $4,639 $438,000 $140,000 $298,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3393576

Canopy MLS (Canopy Realtor® Association)

APN: 001-033-01