NOT LISTED FOR SALE

17644 Spinnakers Reach Dr Cornelius, NC 28031

Estimated Value: $1,107,000 - $1,525,000

4 Beds
2.5 Baths
3,228 Sq Ft
$391/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $965,000 $299 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,513/month

40 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Wooded Lot
  • Bailey Middle School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of June 2022

Welcome to 17644 Spinnakers Reach. Come home to a meticulously maintained home in The Peninsula...a waterfront and golf course community. This home is drenched in glowing natural light with an open floorplan full of gleaming hardwood floors that transitions into a fenced lush private garden.
The garden includes a spacious patio, tranquil outdoor fountain and large retractable awning. The main level contains large gourmet kitchen with beautiful cabinetry and state of the art appliances. The spacious primary bedroom suite contains a large walk in closet and open and airy spa like bath.
Your front entrance contains pristine landscaping and a stately circular driveway. Enjoy all that Lake Norman has to offer from your new "right size" home.

Last Agent to Sell the Property

Anita Sabates

Allen Tate Lake Norman License #148222 Listed on: 05/07/2022

Allen Tate Lake Norman

Last Buyer's Agent

Chris Conlon

Southern Homes of the Carolinas, Inc License #309043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 144x126x77x86
  • Fenced
  • Corner Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as GR

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Side Facing Garage

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-681-06

Community Details

Overview

  • Hawthorne Mgmt Association, Phone Number (704) 377-0114
  • The Peninsula Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,302

Year Built

Built in 2005

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Ratio Current Price By Acre: 3860000.00
  • Restrictions: Architectural Review,Subdivision
  • Road Surface Type: Circular, Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1777
  • 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: 108
  • Sq Ft Unheated Upper: 108
  • Sq Ft Upper: 1451
  • Porch: Covered,Front
  • Appliances: Cable Prewire, Gas Cooktop, Microwave, Natural Gas, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3228
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone Veneer

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 538
  • Parking Features: Attached Garage, Garage - 2 Car, Side Load Garage

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: Golf, Lake, Playground, Street Lights, Tennis Court(s)
  • Association Fee: 695
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne Mgmt
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Wooded, Water View
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 001-681-06
  • Plat Book Slide: 24/857
  • Lot Size: 144x126x77x86
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.66112

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 3, 2022
Sold by
Liffman Livney and Liffman Karla
Bought by
Prior Heath I and Prior Beatrice T
Seller's Agent
Anita Sabates
Allen Tate Lake Norman
Buyer's Agent
Chris Conlon
Southern Homes of the Carolinas, Inc
List Price
$1,049,000
Sold Price
$965,000
Premium/Discount to List
-$84,000
-8.01%
Current Estimated Value
$1,263,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,704
Avg. Annual Appreciation
8.74%
Original Mortgage
$630,000
Outstanding Balance
$590,218
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$673,486

Purchase Details

Listed on
Mar 8, 2017
Closed on
Apr 18, 2017
Sold by
Hauck Bradley W and Hauck Lucresha L
Bought by
Livney Roland
Seller's Agent
Bill Adams
Allen Adams Realty
Buyer's Agent
Todd Long
Keller Williams Unified
List Price
$598,000
Sold Price
$589,000
Premium/Discount to List
-$9,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Bobbitt James D and Bobbitt Constance M
Bought by
Hauck Bradley W and Hauck Lucresha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bobbitt Constnace M
Bought by
Bobbitt Constance M and Bobbitt James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2006
Sold by
Castleview Construction Inc
Bought by
Bobbitt Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 2005
Sold by
Corry John
Bought by
Castleview Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2004
Sold by
Castleview Construction Inc
Bought by
Corry John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.87%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 19, 2004
Sold by
Simpson David T
Bought by
Castleview Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.87%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 25, 1998
Sold by
Crescent Resources Inc
Bought by
Lifestyles Llc
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
Prior Heath I $965,000 Pestillo Karen
Livney Roland $589,000 None Available
Hauck Bradley W $539,000 None Available
Bobbitt Constance M -- None Available
Bobbitt Constance M $525,000 None Available
Castleview Construction Llc $85,000 --
Corry John $50,000 --
Castleview Construction Inc $47,500 --
Lifestyles Llc $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prior Heath I $630,000
Previous Owner Hauck Bradley W $417,000
Previous Owner Hauck Bradley W $68,000
Previous Owner Bobbitt James Daniel $70,500
Previous Owner Bobbitt Constance M $397,500
Previous Owner Bobbitt Constance M $406,277
Previous Owner Bobbitt James D $123,000
Previous Owner Bobbitt Constance M $404,000
Previous Owner Castleview Construction Inc $385,000
Previous Owner Corry John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $965,000 -8.0% $299 / Sq Ft
05/07/2022 05/07/22 For Sale $1,049,000 +78.1% $325 / Sq Ft
04/28/2017 04/28/17 Sold $589,000 -1.5% $183 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $598,000 -- $186 / 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 $6,302 $952,800 $300,000 $652,800
2023 $6,012 $923,500 $300,000 $623,500
2022 $5,400 $631,500 $215,000 $416,500
2021 $5,298 $631,500 $215,000 $416,500
2020 $5,298 $631,500 $215,000 $416,500
2019 $5,331 $631,500 $215,000 $416,500
2018 $5,630 $519,600 $175,000 $344,600
2017 $5,587 $519,600 $175,000 $344,600
2016 $5,584 $519,600 $175,000 $344,600
2015 $5,502 $519,600 $175,000 $344,600
2014 $5,500 $519,600 $175,000 $344,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857064

Canopy MLS (Canopy Realtor® Association)

APN: 001-681-06