NOT LISTED FOR SALE

18235 Peninsula Club Dr Cornelius, NC 28031

Estimated Value: $1,779,501 - $2,340,000

5 Beds
4 Baths
4,039 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $2,276,000 $564 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $12,644/month

Highlights

  • Pier
  • Waterfront
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Contemporary Architecture
  • Double Oven

About This Home

As of July 2024

This classic stucco home on a large (~one acre) corner waterfront lot, with picture perfect water views and proximity to the country club, is a rare find. Its soaring 2-story foyer and great room showcase a wall of windows framing the lake view. The main level primary suite has a tray ceiling, direct patio access and 2 walk-in closets with extensive built-ins. Also on the main floor is a 2nd bedroom (that can be used as an office) and another full bathroom. Second floor has 3 oversized bedrooms, a large bonus room with skylights, and a 2nd stairway to the main level. Additional features include: 3-car garage, large patio, private dock/pier/boat slip, and fenced backyard. The expansive circular driveway and architectural stone accents present an elegant entrance. This is a dream home in a perfect location!

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Properties Brokerage Email: lori@ivesterjackson.com License #78488 Listed on: 04/25/2024

Last Buyer's Agent

Ryan Palmer

Corcoran HM Properties License #315654

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,793

Year Built

  • Built in 1993

Lot Details

  • Waterfront
  • Property is zoned GR

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Additional Features

  • Pier
  • Forced Air Heating and Cooling System

Community Details

  • The Peninsula Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001-662-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,793

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1993
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 563.51
  • Geocode Confidence: High
  • Attribution Contact: lori@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2621
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1418
  • Appliances: Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop
  • Above Grade Finished Sq Ft: 4039
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Living Area: 4039
  • Bedroom Main: 2
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier
  • Construction Type: Hard Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 001-662-18
  • Zoning: GR
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 15, 2024
Sold by
Ho Victor W and Chiu Julie C
Bought by
Keen Building Company Llc
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Ryan Palmer
Corcoran HM Properties
List Price
$2,195,000
Sold Price
$2,276,000
Premium/Discount to List
$81,000
3.69%
Views
15
Current Estimated Value
$2,140,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,875
Avg. Annual Appreciation
-5.39%
Original Mortgage
$2,808,859
Interest Rate
6.99%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 1993
Bought by
Ho Victor W and Ho Julie C
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
Keen Building Company Llc $2,276,000 None Listed On Document
Ho Victor W $599,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Keen Building Company Llc $2,808,859
Previous Owner Ho Victor W $622,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $2,276,000 +3.7% $564 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $2,195,000 0.0% $543 / Sq Ft
07/13/2020 07/13/20 Rented $4,350 0.0% --
05/15/2020 05/15/20 For Rent $4,350 0.0% --
05/11/2018 05/11/18 Rented $4,350 0.0% --
01/24/2018 01/24/18 For Rent $4,350 +8.9% --
07/01/2016 07/01/16 Rented $3,995 0.0% --
06/01/2016 06/01/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $3,995 0.0% --
12/21/2014 12/21/14 Rented $3,995 0.0% --
11/21/2014 11/21/14 Under Contract -- -- --
10/08/2014 10/08/14 For Rent $3,995 -- --
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 $11,793 $1,789,600 $1,040,000 $749,600
2023 $11,793 $1,789,600 $1,040,000 $749,600
2022 $10,304 $1,209,100 $760,000 $449,100
2021 $10,183 $1,209,100 $760,000 $449,100
2020 $10,183 $1,208,900 $760,000 $448,900
2019 $10,175 $1,208,900 $760,000 $448,900
2018 $9,664 $893,800 $525,000 $368,800
2017 $9,594 $893,800 $525,000 $368,800
2016 $9,590 $893,800 $525,000 $368,800
2015 $9,453 $893,800 $525,000 $368,800
2014 $9,451 $893,800 $525,000 $368,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4127114

Canopy MLS (Canopy Realtor® Association)

APN: 001-662-18