NOT LISTED FOR SALE

18115 John Connor Rd Unit 2 Cornelius, NC 28031

Estimated Value: $4,941,000 - $5,620,000

0.81 Acre
$6,614,677 Price per Acre
35,284 Sq Ft Lot

Last Sold August 05, 2019

Last sale price $1,450,000

Est. 270% increase in value since last sale

Current estimated payment $32,261/month

2 Days on Market

About This Lot

As of August 2019

Rare opportunity! Build in a coveted location at one of the largest lots available on the Jetton Peninsula. Long range views to the main channel make for spectacular sunsets and stunning views. Dock eligible. No HOA restrictions. Surrounded by high end custom homes, this famed “garden lot” is truly one of a kind. The possibilities are endless! Don't miss out on this unique opportunity. Custom house plans have been prepared to offer suggested configurations.

Last Agent to Sell the Property

Farrah Speight

EXP Realty LLC Ballantyne License #263286 Listed on: 07/16/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

John Torres

Southern Homes of the Carolinas, Inc License #241707

Southern Homes of the Carolinas, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,932

Lot Details

  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 00184142

Property Details

Property Type

Land

Est. Annual Taxes

$27,932

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Current Price By Acre: 1790123.46
  • Restrictions: Manufactured Home Allowed
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

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

Lot Info

  • Lot Dimension: 146x312x97x158x131x
  • Lot Features: Lake Access, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.810
  • Parcel Number: 00184142
  • Zoning Specification: GR
  • Plat Book Slide: 29/163

Tax Info

  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 29, 2019
Sold by
H2 Holdings Llc
Bought by
Mcquaid Michael S and Mcquaid Julie B
Seller's Agent
Farrah Speight
EXP Realty LLC Ballantyne
Buyer's Agent
John Torres
Southern Homes of the Carolinas, Inc
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
$5,357,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,907,888
Avg. Annual Appreciation
24.42%
Original Mortgage
$1,087,500
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2019
Sold by
Hernandez Connor Derrick and Hernandez Connor Parrish Dely
Bought by
H2 Holdings Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mcquaid Michael S $1,450,000 None Available
H2 Holdings Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquaid Michael S $500,000
Closed Mcquaid Michael S $250,000
Open Mcquaid Michael S $2,765,000
Closed Mcquaid Micahel S $2,760,000
Closed Mcquaid Michael S $1,087,500
Previous Owner Connor Eva C $530,000
Previous Owner Connor Eva Colene $264,000
Previous Owner Connor Eva Colene $50,000
Previous Owner Connor Eva C $199,134
Previous Owner Connor Louis William $203,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $1,450,000 -3.3% --
07/18/2019 07/18/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $1,500,000 -- --
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
2023 $27,932 $4,949,770 $1,575,000 $3,374,770
2022 $27,932 $3,281,100 $1,200,000 $2,081,100
2021 $18,629 $2,220,700 $1,200,000 $1,020,700
2020 $10,067 $1,290,900 $1,200,000 $90,900
2019 $10,863 $1,290,900 $1,200,000 $90,900
2018 $8,372 $773,900 $630,000 $143,900
2017 $8,310 $773,900 $630,000 $143,900
2016 $8,307 $773,900 $630,000 $143,900
2015 $8,187 $773,900 $630,000 $143,900
2014 $8,185 $773,900 $630,000 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3529915

Canopy MLS (Canopy Realtor® Association)

APN: 001-841-42