NOT LISTED FOR SALE

17801 Sedona Way Cornelius, NC 28031

Estimated Value: $795,000 - $927,000

3 Beds
2.5 Baths
2,288 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $710,000 $310 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,988/month

15 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Private Lot

About This Home

As of March 2022

This beautiful GATED COMMUNITY is located on the shore of Lake Norman. Private beach, day dock, pool, clubhouse and tennis is a very short walk from the home. Home features primary bedroom on the main level with 2 additional bedrooms and office upstairs. Gas logs, 10' ceilings, beautiful crown moldings, granite, wired stereo speakers, central vac. Open floorplan. Neutral paint. Home is in excellent condition. HOA includes water and sewer and landscaping.

Last Agent to Sell the Property

Paul Tyson

Lake Norman Realty, Inc. License #276898 Listed on: 01/22/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Susie Skog

Keller Williams Unified License #319462

Keller Williams Unified

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 2003

Lot Details

  • Private Lot
  • Zoning described as NR

HOA Fees

  • $193 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Front Porch

Schools

  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-042-61

Community Details

Overview

  • Preston At The Lake Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,493

Year Built

Built in 2003

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Ratio Current Price By Acre: 3736842.11
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Garden Tub, Open Floorplan, Pantry, Window Treatments
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1490
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 217
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 217
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 798
  • Porch: Front
  • Fixture Exception Description: Jewelry Box in Primary Bedroom which is screwed to wall
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave, Natural Gas, Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 2288
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip – Community
  • Construction Type: Brick Partial, Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Outdoor Pool, Picnic Area, Tennis Court(s)
  • Association Fee: 580
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Lake Access, Private
  • Lot Size Units: Acres
  • Parcel Number: 001-042-61
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 1.72904

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 8, 2022
Sold by
Needham Barbara S
Bought by
Hockett David C and Hockett Kimberly S
Seller's Agent
Paul Tyson
Lake Norman Realty, Inc.
Buyer's Agent
Susie Skog
Keller Williams Unified
List Price
$730,000
Sold Price
$710,000
Premium/Discount to List
-$20,000
-2.74%
Current Estimated Value
$838,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,801
Avg. Annual Appreciation
4.61%
Original Mortgage
$568,000
Outstanding Balance
$529,301
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$309,500

Purchase Details

Closed on
Jan 3, 2014
Sold by
Parker Donald F and Parker Rhonda P
Bought by
Needham Herbert C and Needham Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Parker Builders Inc
Bought by
Parker Donald F and Parker Rhonda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 6, 2005
Sold by
Stock Building Supply Inc
Bought by
Parker Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Riley Homes Llc
Bought by
Stock Building Supply Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Apex Homes Inc
Bought by
Riley Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.77%

Purchase Details

Closed on
May 13, 2002
Sold by
Wachovia Bank Na
Bought by
Apex 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
$225,000
Interest Rate
6.77%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Preston At The Lake Ii Llc
Bought by
Wachovia Bank Na
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
Hockett David C $710,000 Clements John
Hockett David C $710,000 Clements John
Needham Herbert C $370,000 None Available
Parker Donald F -- None Available
Parker Builders Inc $245,000 --
Stock Building Supply Inc $245,000 --
Riley Homes Llc $300,000 --
Apex Homes Inc $375,000 --
Wachovia Bank Na $637,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hockett David C $568,000
Closed Hockett David C $568,000
Previous Owner Needham Herbert C $555,000
Previous Owner Parker Donald F $80,000
Previous Owner Parker Builders Inc $210,000
Previous Owner Riley Homes Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $710,000 -2.7% $310 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $730,000 -- $319 / 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 $4,493 $677,100 $225,000 $452,100
2024 $4,493 $677,100 $225,000 $452,100
2023 $4,420 $677,100 $225,000 $452,100
2022 $3,624 $422,200 $165,000 $257,200
2021 $3,581 $422,200 $165,000 $257,200
2020 $3,581 $422,200 $165,000 $257,200
2019 $3,575 $422,200 $165,000 $257,200
2018 $4,764 $439,300 $175,000 $264,300
2017 $4,728 $439,300 $175,000 $264,300
2016 $4,724 $439,300 $175,000 $264,300
2015 $4,655 $439,300 $175,000 $264,300
2014 $4,653 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3823024

Canopy MLS (Canopy Realtor® Association)

APN: 001-042-61