Seller's Agent in 2022
Lori Ivester Jackson
Ivester Jackson Properties
(704) 996-5686
137 Total Sales
18434 Peninsula Cove Ln Cornelius, NC 28031
Estimated Value: $4,386,000 - $5,339,000
6
Beds
8
Baths
9,567
Sq Ft
$505/Sq Ft
Est. Value
Highlights
- Covered Dock
- Pier
- Waterfront
- Bailey Middle School Rated A-
- Boat Slip
- Open Floorplan
About This Home
As of June 2022Elegance is defined in this 6 bedroom waterfront estate home encompassing nearly 10,000 sqft, perched along the shore of Lake Norman. 2 story lakeside great room with French doors leading to the main level terrace, wood burning fireplace, coffered ceiling, and tall windows encompassing lake views. Gleaming hardwood floors & lake views continue into the open Chef’s gourmet kitchen where you’ll find professional grade appliances. Lakeside den with windows galore & stone surround fireplace for cozy evenings. Sunny breakfast nook with lake views just off the kitchen with wet bar. Screened porch off kitchen leads to side brick patio with space for grill and firewood. Awake to sparkling lake views from the main level owner’s retreat with lakeside sitting area & spa bath. Lower level features include family room, billiard room, media room, climate controlled wine cellar, and exercise room. Outdoor oasis includes upper level terrace, covered lower patio, covered dock, pier & sandy beach.
Last Agent to Sell the Property
Ivester Jackson Properties License #78488 Listed on: 02/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,977
Year Built
- Built in 1997
Lot Details
- Waterfront
- Irrigation
- Zoning described as GR
HOA Fees
- $116 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- Open Floorplan
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Wood Burning Fireplace
- Great Room with Fireplace
- Recreation Room with Fireplace
- Screened Porch
- Home Security System
Kitchen
- Breakfast Bar
- Built-In Double Convection Oven
- Gas Oven
- Gas Range
- Range Hood
- Warming Drawer
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry Room
- Laundry Chute
- Electric Dryer Hookup
Parking
- Attached Garage
- Side Facing Garage
Outdoor Features
- Pier
- Personal Watercraft Lift
- Boat Slip
- Covered Dock
- Patio
- Terrace
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Zoned Heating System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 001-641-24
Community Details
Overview
- Hawthorne Management Association
- The Peninsula Subdivision
- Mandatory home owners association
- Community Lake
Recreation
- Community Playground
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2022
Closed on
Jun 7, 2022
Sold by
Patrick Bechdol J and Patrick Elizabeth K
Bought by
Smith Andrew K and Smith Paula M
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Jennifer Stewart
Allen Tate Lake Norman
List Price
$4,500,000
Sold Price
$4,037,500
Premium/Discount to List
-$462,500
-10.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,290
Avg. Annual Appreciation
5.72%
Original Mortgage
$2,826,250
Outstanding Balance
$2,625,546
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,209,244
Purchase Details
Closed on
Aug 30, 2005
Sold by
Fink Frederick S and Fink Charlotte K
Bought by
Bechdol J Patrick and Bechdol Elizabeth K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Andrew K | $4,037,500 | Thebeau & Associates Pa | |
| Bechdol J Patrick | $2,600,000 | First American Title Of The |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Andrew K | $2,826,250 | |
| Previous Owner | Bechdol John Patrick | $655,000 | |
| Previous Owner | Bechdol Bechdol J | $250,000 | |
| Previous Owner | Bechdol J Patrick | $681,662 | |
| Previous Owner | Bechdol J Patrick | $695,000 | |
| Previous Owner | Bechdol J Patrick | $100,000 | |
| Previous Owner | Fink Frederick S | $200,000 | |
| Previous Owner | Fink Frederick S | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2022 06/07/22 | Sold | $4,037,500 | -10.3% | $422 / Sq Ft |
| 04/23/2022 04/23/22 | Pending | -- | -- | -- |
| 02/05/2022 02/05/22 | For Sale | $4,500,000 | -- | $470 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $23,977 | $3,646,400 | $1,300,000 | $2,346,400 |
| 2023 | $23,219 | $3,586,300 | $1,300,000 | $2,286,300 |
| 2022 | $16,947 | $1,991,700 | $950,000 | $1,041,700 |
| 2021 | $16,748 | $1,991,700 | $950,000 | $1,041,700 |
| 2020 | $16,748 | $1,991,700 | $950,000 | $1,041,700 |
| 2019 | $16,742 | $1,991,700 | $950,000 | $1,041,700 |
| 2018 | $19,871 | $1,840,400 | $350,000 | $1,490,400 |
| 2017 | $19,729 | $1,840,400 | $350,000 | $1,490,400 |
| 2016 | $19,726 | $1,840,400 | $350,000 | $1,490,400 |
| 2015 | $19,446 | $1,840,400 | $350,000 | $1,490,400 |
| 2014 | $19,444 | $1,840,400 | $350,000 | $1,490,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Ivester Jackson
-
Jennifer Stewart
Buyer's Agent in 2022
Jennifer Stewart
Allen Tate Realtors
(704) 996-0955
22 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3825663
APN: 001-641-24
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