NOT LISTED FOR SALE

16825 Lake Shore Dr Cornelius, NC 28031

Estimated Value: $1,135,000 - $1,198,000

4 Beds
2 Baths
2,097 Sq Ft
$554/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $975,000 $465 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,818/month

2 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • J.V. Washam Elementary School Rated 9+
  • Fireplace in Primary Bedroom
  • Wooded Lot

About This Home

As of July 2022

Presenting a rare opportunity to live on Cornelius’ idyllic Lake Norman Island. This immaculate, private, lake access RANCH home sits grandly on a double, nearly ONE ACRE corner lot. Picture this 4 bedroom offering, updated to perfection with a magazine-worthy showpiece kitchen, updated baths, and an open-concept living area that seamlessly draws a person toward the expansive outdoor living space. A thoughtful melding of beautiful mature trees and a sunshiny bright pool make this home the perfect space to unwind. An oversized laundry room leads to walk up attic access with an abundance of storage. Poolside you'll discover a large wine room, with potential to be utilized as an exercise room, office etc. There's a newer roof ('17) and replaced exterior doors/windows. Access to the neighborhood waterfront lot provides everything you'll need for the quintessential Lake Norman Island experience…a boat ramp, grassy field for picnics, kayak-launching and relaxing lakeside enjoyment.

Last Agent to Sell the Property

Jayne Cantello

Southern Homes of the Carolinas, Inc Brokerage Email: jaynecantellorealtor@gmail.com License #299110 Listed on: 06/10/2022

Last Buyer's Agent

Kim Zarsadias

Lake Realty License #292892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1978

Lot Details

  • 0.95 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned GR

Parking

  • 3 Car Detached Garage
  • 4 Open Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • 2,097 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-033-02

Community Details

Overview

  • No Home Owners Association
  • Lake Norman Island Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,065

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1978
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 464.95
  • Attribution Contact: jaynecantellorealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Attic Walk In, Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2097
  • 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: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2097
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Primary Bedroom
  • Living Area: 2097
  • Bedroom Main: 4
  • Room Count: 7
  • Sq Ft Other: 3097

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Ramp – Community, Lake, Paddlesport Launch Site - Community
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 828
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Garage, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Picnic Area
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Wooded
  • Lot Size Area: 0.947
  • Lot Size Units: Acres
  • Parcel Number: 001-033-02
  • Lot Size Acres: 0.947
  • Lot Size Sq Ft: 41251
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Danek Leo F and Danek Kerri
Bought by
Burrows Brian and Shupe Dana
Total Days on Market
2
Current Estimated Value
$1,160,860

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 26, 2022
Sold by
Danek Leo F and Danek Kern
Bought by
Burrows Brian and Shupe Dana
Seller's Agent
Jayne Cantello
Southern Homes of the Carolinas, Inc
Buyer's Agent
Kim Zarsadias
Lake Realty
List Price
$939,000
Sold Price
$975,000
Premium/Discount to List
$36,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$712,721
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Fsf Crown Holdings Llc
Bought by
Danek Leo F and Nek Kerri Da

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2015
Sold by
Rion Homes Inc
Bought by
Fsf Crown Holdings Llc

Purchase Details

Closed on
Apr 23, 2013
Sold by
Rion Homes Inc
Bought by
Goolsby Nicole R

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
$652,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
White James Albert and White Alice Worrell
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
$652,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burrows Brian -- None Listed On Document
Burrows Brian $975,000 Colosimo Ewing & Smith Pllc
Danek Leo F $296,000 None Available
Goolsby Nicole R -- None Available
Fsf Crown Holdings Llc $652,500 None Available
Goolsby Nicole R -- None Available
Rion Homes Inc -- None Available
Rion Homes Inc $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burrows Brian $712,721
Previous Owner Danek Leo $230,000
Previous Owner Danek Leo $122,000
Previous Owner Danek Leo $65,541
Previous Owner Danek Leo F $280,000
Previous Owner Danek Leo F $281,200
Previous Owner Rion Homes Inc $652,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $975,000 +3.8% $465 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $939,000 -- $448 / 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 $6,065 $931,700 $343,800 $587,900
2023 $6,065 $931,700 $343,800 $587,900
2022 $3,745 $436,500 $200,000 $236,500
2021 $3,701 $436,500 $200,000 $236,500
2020 $3,701 $436,500 $200,000 $236,500
2019 $3,695 $436,500 $200,000 $236,500
2018 $3,610 $332,300 $170,000 $162,300
2017 $3,582 $332,300 $170,000 $162,300
2016 $3,578 $332,300 $170,000 $162,300
2015 $3,525 $332,300 $170,000 $162,300
2014 $3,523 $332,300 $170,000 $162,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3867788

Canopy MLS (Canopy Realtor® Association)

APN: 001-033-02