NOT LISTED FOR SALE

17724 Kings Point Dr Unit 1 Cornelius, NC 28031

Estimated Value: $543,857 - $660,000

3 Beds
2.5 Baths
1,966 Sq Ft
$454/mo HOA Fee

Last Sold November 30, 2018

Last sale price $320,000 $163 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,806/month

66 Days on Market

Highlights

  • Community Lake
  • Attic
  • Attached Garage
  • Bailey Middle School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of November 2018

Great freestanding condominium in Kings Point. Community pool, lake access and onsite commercial marina. Exterior maintenance is taken care of by the Association so come enjoy lake living in one of the most prestigious condominium communities at Lake Norman.

Last Agent to Sell the Property

Chip Hawkins

Castle Gate Real Estate Group LLC License #137370 Listed on: 08/10/2018

Last Buyer's Agent

Julia Gray

Keller Williams Advantage License #295681

Keller Williams Advantage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • 3.6

HOA Fees

  • $454 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Melinda Barkley Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 00167301

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97264
  • Ratio Close Price By Original Li: 0.97264
  • Ratio Current Price By Sq Ft: 162.77
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 812
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dryer
  • Fireplace Description: Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Garden Tub, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 417
  • Main Level Sq Ft: 1154
  • Total Sq Ft: 1966
  • Sq Ft Unheated Main: 403
  • Sq Ft Unheated Total: 523
  • Sq Ft Unheated Upper: 120

Exterior Features

  • Construction: Hard Stucco, Hardboard Siding, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 454.00
  • Association Fee Frequency: Monthly
  • Complex Name: Lakeridge
  • HOA Management Company: Melinda Barkley
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 00167301
  • Zoning Specification: GR

Tax Info

  • Tax Value: 243800.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
D R Horton Inc
Bought by
Banker Kunal Suresh and Gheewala Khushboo Kiritbhai
Current Estimated Value
$588,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,731
Outstanding Balance
$506,665
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$81,799

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 30, 2018
Sold by
Parris Debroah H
Bought by
Banker Nicole
Seller's Agent
Chip Hawkins
Castle Gate Real Estate Group LLC
Buyer's Agent
Julia Gray
Keller Williams Advantage
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$150,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Parrish Edward L
Bought by
Parrish Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Jedk Llc
Bought by
Parrish Edward Lee and Parrish Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1998
Sold by
Kennerly Development Group Llc
Bought by
Jedk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Banker Kunal Suresh $582,000 None Listed On Document
Banker Nicole $320,000 None Available
Parrish Deborah H -- None Available
Parrish Edward Lee $199,000 --
Jedk Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banker Kunal Suresh $541,731
Previous Owner Banker Nicole $150,000
Previous Owner Parrish Deborah H $204,000
Previous Owner Parrish Edward Lee $179,100
Previous Owner Jedk Llc $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $320,000 -2.7% $163 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $329,000 -- $167 / 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
2025 $3,002 $449,900 -- $449,900
2024 $3,002 $449,900 -- $449,900
2023 $3,002 $527,419 $0 $527,419
2022 $2,630 $305,200 $0 $305,200
2021 $2,600 $305,200 $0 $305,200
2020 $2,600 $305,200 $0 $305,200
2019 $2,594 $305,200 $0 $305,200
2018 $2,656 $243,800 $63,000 $180,800
2017 $2,634 $243,800 $63,000 $180,800
2016 $2,631 $243,800 $63,000 $180,800
2015 $2,591 $243,800 $63,000 $180,800
2014 $2,589 $243,800 $63,000 $180,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3423335

Canopy MLS (Canopy Realtor® Association)

APN: 001-673-01