NOT LISTED FOR SALE

16822 Lakeshore Dr Cornelius, NC 28031

Estimated Value: $2,150,000 - $2,402,563

4 Beds
3.5 Baths
3,317 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $1,375,000 $415 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,411/month

31 Days on Market

Highlights

  • Waterfront
  • Private Lot
  • Wood Flooring
  • J.V. Washam Elementary School Rated 9+
  • Traditional Architecture
  • Attached Garage

About This Home

As of October 2020

Waterfront ,mid-century modern, two story home with basement on .79 level acres in Norman Island. City water/sewer. Fully refinished pier, covered dock w/ metal roof, heated/cooled boathouse (built 2018), long pier, boat lift, floating dock, sandy beach area, 360 view from gazebo. Beautiful backyard, large raised rear deck, master bedroom veranda, screened in porch on the basement level & sunroom on the main level. Original home was built in 1986, but the current owner has made many improvements. Replaced windows, most doors, dock, gazebo, pylons & floating dock.
Other upgrades include addition of geothermal system, screen porch expansion, replacement of deck & rails, new full bathroom and an additional bedroom in the basement. Basement has a tremendous amount of remaining storage area (currently used as a workshop). The yard has mature plantings, gorgeous older trees, beautiful lawn and partially fenced rear yard. 2 car garage & ample parking. Great location near Birkdale & I-77!

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 09/04/2020

Keller Williams Lake Norman

Co-Listed By

Jim Richards

Keller Williams Lake Norman License #270309

Last Buyer's Agent

Beth Graichen

Southern Homes of the Carolinas, Inc License #292329

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Insulated Windows
  • Window Treatments
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-032-07

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98214
  • Ratio Close Price By Original Li: 0.98214
  • Ratio Current Price By Acre: 1740506.33
  • Ratio Current Price By Sq Ft: 414.53
  • Year Built: 1968
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Upper Level Sq Ft: 1312
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Microwave
  • Fireplace Description: Great Room
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Built-Ins, Cable Available, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 550
  • Lower Level Sq Ft: 693
  • Main Level Sq Ft: 1312
  • Total Sq Ft: 3317
  • Sq Ft Unheated Lower: 620
  • Sq Ft Unheated Main: 190
  • Sq Ft Unheated Total: 810

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built
  • Exterior Features: Rooftop Terrace, Satellite Internet Available, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, g-Geothermal
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: 117x202x116x219
  • Lot Features: Lake, Level, Paved Frontage, Private, Trees, Views, Waterfront
  • Lot Size Area: 0.790
  • Parcel Number: 001-032-07
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1116500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 26, 2020
Sold by
Summerhays Joan C
Bought by
Nicholson Brian Thomas and Nicholson Cynthia Carol
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Beth Graichen
Southern Homes of the Carolinas, Inc
List Price
$1,400,000
Sold Price
$1,375,000
Premium/Discount to List
-$25,000
-1.79%
Current Estimated Value
$2,248,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,891
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Jun 15, 2004
Sold by
Linde Brian P and Linde Kathleen M
Bought by
Summerhays Joan C

Purchase Details

Closed on
May 14, 2001
Sold by
Smith Vernon Curtiss and Smith Jane Reed
Bought by
Linde Brian P and Linde Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
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
Nicholson Brian Thomas $1,375,000 Southern Homes Ttl Svcs Llc
Summerhays Joan C $689,000 --
Linde Brian P $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linde Brian P $388,000
Previous Owner Smith Vernon Curtiss $208,000
Closed Linde Brian P $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $1,375,000 -1.8% $415 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $1,400,000 0.0% $422 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $1,400,000 -- $422 / 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 $14,168 $2,151,600 $1,552,500 $599,100
2023 $13,948 $2,151,600 $1,552,500 $599,100
2022 $9,448 $1,108,300 $747,500 $360,800
2021 $9,337 $1,108,300 $747,500 $360,800
2020 $9,366 $1,116,500 $747,500 $369,000
2019 $9,400 $1,116,500 $747,500 $369,000
2018 $9,269 $857,100 $560,000 $297,100
2017 $9,201 $857,100 $560,000 $297,100
2016 -- $857,100 $560,000 $297,100
2015 $9,065 $857,100 $560,000 $297,100
2014 $9,063 $857,100 $560,000 $297,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641377

Canopy MLS (Canopy Realtor® Association)

APN: 001-032-07