NOT LISTED FOR SALE

18205 Moorings View Cove Cornelius, NC 28031

Estimated Value: $1,359,000 - $1,565,000

0.56 Acre
$2,605,761 Price per Acre
24,394 Sq Ft Lot

Last Sold January 27, 2017

Last sale price $205,000

Est. 612% increase in value since last sale

Current estimated payment $8,271/month

183 Days on Market

Highlights

  • Golf Course Community
  • Access To Lake
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Wooded Lot

About This Lot

As of January 2017

This beautiful, flat and wooded vacant lot on a cul-de-sac with seasonal water view is surrounded by stunning homes along Fisherman’s Rest and sits on .556 acre with 4,600 sq. ft impervious. Build your dream home here. The Peninsula is a waterfront and golf course neighborhood with nice community amenities such as club house, pool, tennis courts, playground, golf courses. Call listing agent for approved builders, marketing fee, covenants & restriction. Great location, great schools, near shops.

Last Agent to Sell the Property

Lynn Alvarez

The Ally Group Real Estate, LLC License #197233 Listed on: 06/20/2016

Last Buyer's Agent

Lynn Alvarez

The Ally Group Real Estate, LLC License #197233 Listed on: 06/20/2016

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 001-811-41
  • Tax Block 629

Community Details

Overview

  • Hawthorne Management Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89325
  • Ratio Close Price By Original Li: 0.85595
  • Ratio Current Price By Acre: 366071.43
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water, County Water

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Lake Access, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view, Wooded
  • Parcel Number: 001-811-41
  • Zoning: Residential
  • Zoning Specification: GR

Tax Info

  • Tax Value: 175000.00
  • Tax Block: 629
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Albert G Alvarez
Bought by
Alex Christy and Alex Gina
Current Estimated Value
$1,459,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$423,581
Interest Rate
4.14%
Estimated Equity
$1,035,645

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jan 27, 2017
Sold by
Alvarez Albert G and Alvarez Marcelina
Bought by
Alex Christy P and Alex Gina M
Seller's Agent
Lynn Alvarez
The Ally Group Real Estate, LLC
Buyer's Agent
Lynn Alvarez
The Ally Group Real Estate, LLC
List Price
$239,500
Sold Price
$205,000
Premium/Discount to List
-$34,500
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%

Purchase Details

Closed on
Jun 29, 2007
Sold by
West Daniel J and West Kristine T
Bought by
Alvarez Albert G and Alvarez Marcelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,051
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Walker Nathaniel B and Walker Johnella
Bought by
West Daniel J and West Kristine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 25, 2001
Sold by
Lowe Richard E and Lowe Dianne K
Bought by
Walker Nathaniel B and Walker Johnella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,125
Interest Rate
6.89%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Harbortowne Investors Ltd Partnership
Bought by
Lowe Richard E and Lowe Dianne K

Purchase Details

Closed on
Dec 26, 1997
Sold by
Crescent Resources Inc
Bought by
Harbortowne Investors Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alex Christy -- --
Alex Christy P $205,000 None Available
Alvarez Albert G $191,000 None Available
West Daniel J $155,000 None Available
Walker Nathaniel B $97,000 --
Lowe Richard E $130,000 --
Harbortowne Investors Ltd Partnership $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alex Christy $510,000
Closed Alex Christy --
Previous Owner Alvarez Albert G $189,051
Previous Owner West Daniel J $139,500
Previous Owner Walker Nathaniel B $76,125
Previous Owner Harbortowne Investors Ltd Partnership $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $205,000 -14.4% --
12/20/2016 12/20/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $239,500 -- --
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 $7,413 $1,122,100 $300,000 $822,100
2024 $7,413 $1,122,100 $300,000 $822,100
2023 $7,296 $1,122,100 $300,000 $822,100
2022 $5,975 $699,200 $215,000 $484,200
2021 $5,905 $699,200 $215,000 $484,200
2020 $5,905 $699,200 $215,000 $484,200
2019 $5,899 $699,200 $215,000 $484,200
2018 $6,043 $175,000 $175,000 $0
2017 $1,874 $175,000 $175,000 $0
2016 $1,874 $175,000 $175,000 $0
2015 $1,847 $175,000 $175,000 $0
2014 $1,847 $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3189090

Canopy MLS (Canopy Realtor® Association)

APN: 001-811-41