NOT LISTED FOR SALE

18125 Pompano Place Cornelius, NC 28031

Estimated Value: $1,239,443 - $1,537,000

0.49 Acre
$2,804,308 Price per Acre
21,344 Sq Ft Lot

Sale Details

Date Sold: March 7, 2022

Last sale price $450,000

Est. 205% increase in value since last sale

Current estimated payment $7,871 / mo

1 Day on Market

About This Lot

As of March 2022

This home is located at 18125 Pompano Place, Cornelius, NC 28031 since 04 February 2022 and is currently estimated at $1,374,111. 18125 Pompano Place is a home located in Mecklenburg County with nearby schools including J.V. Washam Elementary School, Bailey Middle School, and William Amos Hough High School.

Last Agent to Sell the Property

Non Member

Canopy Administration Listed on: 02/04/2022

Last Buyer's Agent

Jenifer Meeks

J Meeks + Co License #279167

Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Residential
  • Zoning described as GR

Community Details

  • Point Largo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001-052-03

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 918367.35
  • Restrictions: No Restrictions
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Water Body Name: Lake Norman

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-052-03
  • Out Buildings Yn: 0
  • Zoning Description: GR

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Lomartire Services Inc
Bought by
Lomartire Marc C and Lomartire Nerissa S
Current Estimated Value
$1,374,111

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 7, 2022
Sold by
Lee Marcus B and Lee Lori A
Bought by
Lomartire Services Inc
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Jenifer Meeks
J Meeks + Co
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.65%
Original Mortgage
$270,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 16, 2021
Sold by
Warchol Kimberly and Palazzi Kristin
Bought by
Lee Marcus B and Lee Lori A
Seller's Agent
Karen Spruell
Southern Homes of the Carolinas, Inc
Buyer's Agent
Matt Sarver
Keller Williams Lake Norman
List Price
$360,000
Sold Price
$315,000
Premium/Discount to List
-$45,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.06%
Original Mortgage
$236,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 11, 2018
Sold by
Lundy Michael Neil
Bought by
Warchol Kimberly and Palazzi Kristin
Seller's Agent
Phil Puma
Puma & Associates Realty, Inc.
Buyer's Agent
Karen Spruell
Southern Homes of the Carolinas, Inc
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Lundy Doris Virginia Edwards
Bought by
The Lundy Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lomartire Marc C -- None Listed On Document
Lomartire Marc C -- None Listed On Document
Lomartire Services Inc $450,000 Law Office Of Kevin C Link
Lomartire Services Inc $450,000 None Listed On Document
Lee Marcus B $315,000 Fortified Title Llc
Warchol Kimberly $185,000 Master Title Agency
The Lundy Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lomartire Services Inc $270,000
Previous Owner Lee Marcus B $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Sold $450,000 0.0% --
02/05/2022 02/05/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $450,000 +42.9% --
08/16/2021 08/16/21 Sold $315,000 -6.0% -- View Prior Sale
07/01/2021 07/01/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $335,000 -6.9% --
05/25/2021 05/25/21 For Sale $360,000 +94.6% --
10/11/2018 10/11/18 Sold $185,000 +2.8% -- View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $179,900 -- --
Source: Canopy MLS

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 $7,029 $1,063,600 $411,300 $652,300
2024 $7,029 $1,063,600 $411,300 $652,300
2023 $7,029 $411,300 $411,300 --
2022 $1,486 $175,000 $175,000 $0
2021 $1,468 $175,000 $175,000 $0
2020 $1,468 $175,000 $175,000 $0
2019 $1,468 $175,000 $175,000 $0
2018 $814 $75,500 $75,500 $0
2017 $808 $75,500 $75,500 $0
2016 $808 $75,500 $75,500 $0
2015 -- $75,500 $75,500 $0
2014 -- $75,500 $75,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3837729

Canopy MLS

APN: 001-052-03

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