NOT LISTED FOR SALE

16815 Lake Shore Dr 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 July 13, 2022

Last sale price $1,250,000 $325 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,733/month

12 Days on Market

Highlights

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

About This Home

As of July 2022

Welcome to this picturesque and private island community tucked away on the southeast corner of Lake Norman. This craftsman home on approx. ¾ acre lot is enveloped by
luscious landscaping where every detail was given thorough attention. Upon entry, you will notice the 4” hickory hardwoods that blanket the main level. The kitchen features brand new premium quartz counter-tops with matching slab backsplash. Beautifully designed and tastefully decorated with a modern touch; this space is perfect for entertaining. The open floor plan is surrounded by a wall of windows which looks out to the vast backyard. Relax and enjoy the tranquility and calm from the amazing, partially covered back deck which spans the entire back of the home. New owners will have 1/6 interest in the approx .50 acre community lake lot located on the west end of the island where you can take in a sunset, evening fires, or just soak up the sun. Other highlights: No HOA!New Roof 2021;HVAC 2021;New Irrigation 2021

Last Agent to Sell the Property

ian starowicz

Modern Realty, LLC License #261669 Listed on: 05/07/2022

Last Buyer's Agent

Brett Winter

Keller Williams South Park License #306462

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,762

Year Built

  • Built in 1979

Lot Details

  • Fenced
  • Irrigation
  • Property is zoned GR, GR

Home Design

  • Transitional Architecture
  • Stone Siding
  • Cedar

Interior Spaces

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

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Fire Pit

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Norman Island Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-033-01
  • Tax Block C

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,762

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1979
  • Ratio Current Price By Acre: 1733703.19
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Built Ins, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2212
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1634
  • Porch: Back,Covered,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), Central Vacuum, Disposal, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Microwave, Natural Gas, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 3846
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Waterfront Features: Other
  • Construction Type: Cedar, Fiber Cement, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 578
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Features: Water View
  • Lot Size Area: 0.721
  • Lot Size Units: Acres
  • Parcel Number: 001-033-01
  • Plat Book Slide: 58/943
  • Additional Parcels Description: See Agent Remarks & Media
  • Zoning Description: GR

Tax Info

  • Tax Block: C
  • RATIO List Price By Tax Amount: 2.33303

Multi Family

  • Unit 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 7, 2022
Closed on
Jul 12, 2022
Sold by
Swanson and Ashley
Bought by
Schrum Michael and Schrum Laura
Seller's Agent
ian starowicz
Modern Realty, LLC
Buyer's Agent
Brett Winter
Keller Williams South Park
List Price
$1,289,000
Sold Price
$1,250,000
Premium/Discount to List
-$39,000
-3.03%
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.
Estimated Appreciation
$236,909
Avg. Annual Appreciation
5.68%
Original Mortgage
$800,000
Outstanding Balance
$762,214
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$724,695

Purchase Details

Closed on
Jan 16, 2019
Sold by
Goolsby Nicole
Bought by
Swanson Jeff and Swanson Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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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
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
07/13/2022 07/13/22 Sold $1,250,000 -3.0% $325 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $1,289,000 -- $335 / 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: 3857497

Canopy MLS (Canopy Realtor® Association)

APN: 001-033-01