$1,225,000
SOLD APR 25, 2019

18224 Peninsula Club Dr Cornelius, NC 28031

5 Beds
4.5 Baths
4,899 Sq Ft
0.63 Acres

Recently Sold

$250 Per Sq Ft

12% Below List Price

121 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Marble Flooring

About This Home

As of November 2022

Sophisticated style with a Contemporary Mediterranean flair. This prestigious home overlooks the tee box of the 8th hole of The Peninsula golf course. The covered porch, large patio, pool & spa set the stage for entertaining. Grand 2 story great room with travertine and hardwood flooring and a 2 sided fireplace. Totally remodeled in last few years with high quality cabinets, coutertops, lighting & bathrooms. Free flowing floor plan that showcases exceptional quality and detail throughout. Guest suite on main floor, 3 car garage with beautiful dark wood doors. Master suite on main level with dark wood blinds and patio access, master bath with glassed in shower featuring custom tile and double rain shower heads, towel warmers. Gourmet kitchen with gorgeous cabinetry and countertops, island with storage, & professional grade appliances and a golf course view from your breakfast nook. Circular driveway and a deeded boatslip on John Connor Rd

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Properties License #78488 Listed on: 11/09/2018

Last Buyer's Agent

Rebecca Hunter

Allen Tate SouthPark License #249297

Allen Tate SouthPark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 001-661-16

Community Details

Overview

  • Hawthorne Property Management Association, Phone Number (704) 377-0114
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94449
  • Ratio Close Price By Original Li: 0.87814
  • Ratio Current Price By Acre: 1944444.44
  • Ratio Current Price By Sq Ft: 250.05
  • Year Built: 1993
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1722
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Grilltop, Gas Range, Ice Maker Connection, Microwave, Network Ready, Exhaust Hood, Natural Gas, Warming Drawer, Gas Oven
  • Fireplace Description: Gas Logs, Great Room, See Thru
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Built-Ins, Kitchen Island, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 3177
  • Total Sq Ft: 4899
  • Sq Ft Unheated Main: 810
  • Sq Ft Unheated Total: 810

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Pool-In-Ground, Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Playground, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Property Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Golf Course View, On Golf Course
  • Lot Size Area: 0.630
  • Parcel Number: 001-661-16
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1516700.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 9, 2022
Sold by
S & J Revocable Living Trust
Bought by
Ardolino Peter D
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Michelle Weeks
Helen Adams Realty
List Price
$2,295,000
Sold Price
$2,275,000
Premium/Discount to List
-$20,000
-0.87%
Current Estimated Value
$2,567,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,521
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,065,000
Outstanding Balance
$1,020,828
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,546,693

Purchase Details

Listed on
Nov 9, 2018
Closed on
Apr 25, 2019
Sold by
Steed David and Steed Lois
Bought by
Schmidt Jeffrey Scott and Schmidt Sharon S
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Rebecca Hunter
Allen Tate SouthPark
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%
Original Mortgage
$1,041,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2016
Sold by
Socuther Cttage Corp
Bought by
Steed David and Steed Losi

Purchase Details

Closed on
Aug 27, 2015
Sold by
Hill William and Hill Christy
Bought by
Southern Cottage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Martin Douglas M and Martin Marilea B
Bought by
Hill William and Hill Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,275,000 --
Warranty Deed $1,225,000 None Available
Warranty Deed $1,320,000 None Available
Warranty Deed $1,050,000 None Available
Warranty Deed $642,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,065,000 New Conventional
Previous Owner $735,000 New Conventional
Previous Owner $1,041,250 New Conventional
Previous Owner $450,000 Purchase Money Mortgage
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $135,000 Credit Line Revolving
Previous Owner $493,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $490,000 Unknown
Previous Owner $480,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $2,275,000 -0.9% $470 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $2,295,000 +87.3% $474 / Sq Ft
04/25/2019 04/25/19 Sold $1,225,000 -5.6% $250 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
02/08/2019 02/08/19 Price Changed $1,297,000 -3.9% $265 / Sq Ft
12/11/2018 12/11/18 Price Changed $1,349,000 -3.3% $275 / Sq Ft
12/08/2018 12/08/18 For Sale $1,395,000 0.0% $285 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $1,395,000 -- $285 / 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
2024 $12,990 $1,972,000 $425,000 $1,547,000
2023 $12,788 $1,972,000 $425,000 $1,547,000
2022 $10,781 $1,265,400 $300,000 $965,400
2021 $10,655 $1,265,400 $300,000 $965,400
2020 $10,564 $1,254,600 $300,000 $954,600
2019 $10,558 $1,254,600 $300,000 $954,600
2018 $9,661 $893,500 $200,000 $693,500
2017 $9,591 $893,500 $200,000 $693,500
2016 $9,587 $893,500 $200,000 $693,500
2015 $9,450 $893,500 $200,000 $693,500
2014 $9,448 $893,500 $200,000 $693,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3450395

Canopy MLS (Canopy Realtor® Association)

APN: 001-661-16