NOT LISTED FOR SALE

17604 Spinnakers Reach Dr Cornelius, NC 28031

Estimated Value: $2,215,000 - $2,566,000

5 Beds
3.5 Baths
3,397 Sq Ft
$714/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $1,300,000 $383 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,233/month

35 Days on Market

Highlights

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

About This Home

As of August 2019

Beautilful waterfront home in the Peninsula with some incredible sunset views on Lake Norman! Immaculately maintained with tons of upgrades! Soaring 2 stories great room overlooking LKN! Entertain & enjoy the fabulously renovated kitchen w/ new tile backsplash, wine cooler, floating shelves, motion activated LED lights, new touch technology faucet & new lightings! Wake up to a resort lifestyle in your sumptuous master suite w/ new hardwood floors! Entirely renovated & very stylish master bathroom! This home is perfect to enjoy the lake lifestyle! Outdoor amenities galore! Covered patio! Upper balcony Hot tub with a new cover! Dock newly resurfaced & solar lights installed! And new floating boat airlift for 24' boat! New 2018 roof & gutters! New 2019 Trane HVAC system downstairs! 2019 new Hot Water heater! New Exterior Pain (Trim, Patio). Garage Floor just repainted! New Hunter Douglas roller shades! Ask for the list of upgrades!

Last Agent to Sell the Property

Sunny Yates

Yates Realty Inc License #202205 Listed on: 05/25/2019

Last Buyer's Agent

Lori Ivester Jackson

Ivester Jackson Properties License #78488

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 001-681-22

Community Details

Overview

  • Hawthorne Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94271
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Acre: 3023255.81
  • Ratio Current Price By Sq Ft: 382.69
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1154
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Disposal, Ice Maker Connection, Microwave, Oven, Refrigerator, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2243
  • Total Sq Ft: 3397
  • Sq Ft Unheated Main: 905
  • Sq Ft Unheated Total: 905

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Private, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.430
  • Parcel Number: 001-681-22
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1294300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Aug 2, 2019
Sold by
Savorain Laurent and Savorain Florence M
Bought by
Paton Christopher J and Paton Ellen Ann
Seller's Agent
Sunny Yates
Yates Realty Inc
Buyer's Agent
Lori Ivester Jackson
Ivester Jackson Properties
List Price
$1,430,000
Sold Price
$1,300,000
Premium/Discount to List
-$130,000
-9.09%
Current Estimated Value
$2,424,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,870
Avg. Annual Appreciation
10.36%
Original Mortgage
$910,000
Outstanding Balance
$807,099
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,562,180

Purchase Details

Closed on
Jan 5, 2014
Sold by
Nan Harry O and Nan Cathy S O
Bought by
Savornin Laurent and Savornin Florence Moutet

Purchase Details

Closed on
Aug 30, 1996
Sold by
Simonini Builders Inc
Bought by
O`Nan Harry A and O`Nan Cathy S
Source: Public Records

Range of Values:

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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
Paton Christopher J $1,300,000 None Available
Savornin Laurent $1,120,000 None Available
O`Nan Harry A $216,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paton Christopher J $910,000
Previous Owner Onan Harry A $348,000
Previous Owner Onan Cathy S $125,000
Previous Owner Onan Harry A $125,000
Previous Owner Onan Harry $100,000
Previous Owner Onan Harry A $387,000
Previous Owner Onan Harry A $85,000
Previous Owner Onan Harry A $388,700
Previous Owner Onan Harry A $70,000
Previous Owner Onan Harry A $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $1,300,000 -5.7% $383 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $1,379,000 -3.6% $406 / Sq Ft
05/25/2019 05/25/19 For Sale $1,430,000 -- $421 / 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 -- $2,001,900 $1,105,000 $896,900
2023 $11,327 $2,001,900 $1,105,000 $896,900
2022 $11,327 $1,350,200 $807,500 $542,700
2021 $10,858 $1,294,300 $807,500 $486,800
2020 $10,858 $1,294,300 $807,500 $486,800
2019 $8,873 $1,294,300 $807,500 $486,800
2018 $8,942 $826,800 $455,000 $371,800
2017 $8,877 $826,800 $455,000 $371,800
2016 $8,873 $826,800 $455,000 $371,800
2015 $8,746 $826,800 $455,000 $371,800
2014 $8,773 $829,600 $455,000 $374,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3511801

Canopy MLS (Canopy Realtor® Association)

APN: 001-681-22