NOT LISTED FOR SALE

18504 Summer Cottage Ln Unit 124 Cornelius, NC 28031

Estimated Value: $1,053,000 - $1,096,000

5 Beds
4 Baths
2,810 Sq Ft
$383/Sq Ft Est. Value

About This Home

This home is located at 18504 Summer Cottage Ln Unit 124, Cornelius, NC 28031 and is currently estimated at $1,075,291, approximately $382 per square foot. 18504 Summer Cottage Ln Unit 124 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
Sep 28, 2019
Sold by
Elam Brian G
Bought by
Vega Hector Centeno
Current Estimated Value
$1,075,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$232,415
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$832,419

Purchase Details

Closed on
Nov 14, 2016
Sold by
Elam Deborah B and Elam Brian G
Bought by
Elam Brian G

Purchase Details

Closed on
Oct 9, 2012
Sold by
Moran James H and Moran Kathleen E
Bought by
Elam Brian G and Elam Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2011
Sold by
Wian Jonathan S and Wian Ronda L
Bought by
Moran James H and Moran Kathleen E

Purchase Details

Closed on
May 19, 2004
Sold by
Heck John N and Tucker Tammy Jean
Bought by
Wian Jonathan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Heck John N
Bought by
Heck John N and Tucker Tammy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2002
Sold by
Pyne George and Pyne Helene
Bought by
Chappell Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.75%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vega Hector Centeno $530,000 None Available
Elam Brian G -- None Available
Elam Brian G $375,000 None Available
Moran James H $355,000 None Available
Wian Jonathan S $359,000 --
Heck John N -- --
Heck John N $345,000 --
Chappell Richard E $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Hector Centeno $330,000
Previous Owner Ealm Brain G $112,000
Previous Owner Elam Brian G $33,085
Previous Owner Elan Brian G $37,500
Previous Owner Elam Brian G $300,000
Previous Owner Wian Jonathan S $75,000
Previous Owner Wian Jonathan S $287,200
Previous Owner Heck John N $310,500
Previous Owner Chappell Richard E $279,000
Closed Wian Jonathan S $71,800
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
2023 $5,500 $844,300 $275,000 $569,300
2022 $4,313 $503,400 $180,000 $323,400
2021 $4,263 $503,400 $180,000 $323,400
2020 $4,263 $503,400 $180,000 $323,400
2019 $4,257 $503,400 $180,000 $323,400
2018 $4,276 $394,000 $100,000 $294,000
2017 $4,243 $394,000 $100,000 $294,000
2016 $4,239 $394,000 $100,000 $294,000
2015 $4,176 $394,000 $100,000 $294,000
2014 $4,174 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Cornelius 28031

18504 Summer Cottage Ln Unit 124, Cornelius, NC

This home is located at 18504 Summer Cottage Ln Unit 124, Cornelius, NC 28031 and is currently estimated at $1,075,291, approximately $382 per square foot. 18504 Summer Cottage Ln Unit 124 is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes