NOT LISTED FOR SALE

18500 Summer Cottage Ln Cornelius, NC 28031

Estimated Value: $758,057 - $1,075,000

3 Beds
3 Baths
1,965 Sq Ft
$479/Sq Ft Est. Value

About This Home

This home is located at 18500 Summer Cottage Ln, Cornelius, NC 28031 and is currently estimated at $941,514, approximately $479 per square foot. 18500 Summer Cottage Ln is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2008
Sold by
The Peninsula Property Owners Assn Inc
Bought by
Jennings Michelle R and Anderson Patrick O
Current Estimated Value
$941,514

Purchase Details

Closed on
May 19, 2008
Sold by
Association Acquisition Services Llc
Bought by
The Peninsula Property Owners Assn Inc

Purchase Details

Closed on
May 1, 2008
Sold by
The Peninsula Property Owners Assn Inc
Bought by
Association Acquisition Services Llc

Purchase Details

Closed on
Apr 29, 2004
Sold by
Wilson Christopher F and Wilson Shannon S
Bought by
Anderson Patrick O and Jennings Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Mccarthy James F and Mccarthy Jennifer W
Bought by
Wilson Christopher F and Davis Shannon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Association Acquisition Services Llc $3,915 None Available
Anderson Patrick O $288,000 --
Wilson Christopher F $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Anderson Patrick O $12,664
Previous Owner Anderson Patrick O $34,000
Previous Owner Anderson Patrick O $276,000
Previous Owner Anderson Patrick O $69,000
Previous Owner Anderson Patrick O $230,400
Previous Owner Wilson Christopher F $130,000
Previous Owner Wilson Christopher Farrell $250,000
Previous Owner Wilson Christopher F $250,000
Previous Owner Mccarthy James F $227,150
Closed Anderson Patrick O $57,600
Source: Public Records

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 $4,590 $691,900 $275,000 $416,900
2023 $4,516 $691,900 $275,000 $416,900
2022 $3,512 $409,100 $180,000 $229,100
2021 $3,471 $409,100 $180,000 $229,100
2020 $3,471 $409,100 $180,000 $229,100
2019 $3,465 $409,100 $180,000 $229,100
2018 $3,318 $305,200 $100,000 $205,200
2017 $3,292 $305,200 $100,000 $205,200
2016 $3,288 $305,200 $100,000 $205,200
2015 $3,239 $305,200 $100,000 $205,200
2014 $3,237 $0 $0 $0
Source: Public Records

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