NOT LISTED FOR SALE

18015 Kings Point Dr Unit E Cornelius, NC 28031

Estimated Value: $696,458 - $887,000

3 Beds
2 Baths
1,400 Sq Ft
$563/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $540,000 $386 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,732/month

3 Days on Market

Highlights

  • Waterfront
  • Transitional Architecture
  • Walk-In Pantry
  • Bailey Middle School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of November 2019

Spacious waterfront views from this ground floor condo with covered patio within steps to boat slips and pool. Updates include custom kitchen cabinets, stainless appliances, gas cook top, solid surface counters, built in microwave, wine cooler, breakfast bar, hardwoods through out except for bedrooms and baths. Waterfront views from master bedroom and great room with sliding doors to relaxing covered patio with Weber gas grill and storage, Gate off patio to walkway to boardwalk, boat slips and pool.

Last Agent to Sell the Property

Bill Merryman

ProStead Realty License #155585 Listed on: 10/17/2019

ProStead Realty

Last Buyer's Agent

Meredyth Holdenrid

Southern Homes of the Carolinas, Inc License #212766

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 2.8

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Outdoor Gas Grill
  • Waterfront
  • Cable TV Available

Community Details

  • Main Street Association, Phone Number (704) 255-1266

Listing and Financial Details

  • Assessor Parcel Number 001-672-14

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Garden
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98182
  • Ratio Close Price By Original Li: 0.98182
  • Ratio Current Price By Sq Ft: 385.71
  • Unit Floor Level: 1
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, g-Energy Star® Dryer
  • Fireplace Description: Gas Logs, Gas Unvented, Great Room
  • Flooring: Carpet, Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Breakfast Bar, Cable Available, Pantry, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 1400

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: In-Ground Gas Grill

Garage/Parking

  • Parking: Assigned Parking Space - 1, Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 279.52
  • Association Fee Frequency: Monthly
  • Complex Name: Baybridge
  • HOA Management Company: Main Street
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view, Waterfront, Year Round View
  • Parcel Number: 001-672-14
  • Zoning Specification: GR

Tax Info

  • Tax Value: 332300.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 25, 2019
Sold by
Merryman Diane W
Bought by
Lococo August Charles and Lococo Marialana
Seller's Agent
Bill Merryman
ProStead Realty
Buyer's Agent
Meredyth Holdenrid
Southern Homes of the Carolinas, Inc
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$788,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,365
Avg. Annual Appreciation
6.53%
Original Mortgage
$400,000
Outstanding Balance
$351,962
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$436,403

Purchase Details

Closed on
Sep 8, 2000
Sold by
Leonard Alfred C and Leonard Marilyn C
Bought by
Merryman Diane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1998
Sold by
Hegler Julian E and Hegler Kathleen F
Bought by
Leonard Alfred C and Leonard Marilyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lococo August Charles $540,000 Southern Homes Title Inc
Merryman Diane W $222,000 --
Leonard Alfred C $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lococo August Charles $400,000
Previous Owner Merryman Diane W $166,500
Previous Owner Leonard Alfred C $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $540,000 -1.8% $386 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $550,000 -- $393 / 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 $3,566 $535,922 -- $535,922
2024 $3,566 $535,922 -- $535,922
2023 $3,508 $535,922 $0 $535,922
2022 $3,278 $390,800 $0 $390,800
2021 $3,318 $390,800 $0 $390,800
2020 $3,318 $390,800 $0 $390,800
2019 $3,312 $390,800 $0 $390,800
2018 $3,610 $332,300 $115,000 $217,300
2017 $3,582 $332,300 $115,000 $217,300
2016 $3,578 $332,300 $115,000 $217,300
2015 $3,525 $332,300 $115,000 $217,300
2014 $3,523 $332,300 $115,000 $217,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3561479

Canopy MLS (Canopy Realtor® Association)

APN: 001-672-14