NOT LISTED FOR SALE

18507 Vineyard Point Ln Cornelius, NC 28031

Estimated Value: $784,000 - $879,000

2 Beds
2.5 Baths
1,679 Sq Ft
155,030 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $610,000 $363 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,087/month

3 Days on Market

Highlights

  • Waterfront
  • Engineered Wood Flooring
  • Tennis Courts
  • Bailey Middle School Rated A-
  • Community Pool
  • Fireplace

About This Home

As of January 2021

Experience the elation of Lake Norman Waterfront living without the upkeep of a single family home! Located in a prestigious gated community this townhome has grand main channel views in one of the most convenient places on the lake. This unit has been freshly painted & offers an enchanting floor plan. A soaring white brick fireplace adorns the dramatic two story great room, yet the expansive views steal the show. Updated modern white cabinets w/ pull out drawers & a tile backsplash accentuate the kitchen which opens to the formal Dining Room. Built in Shelves make working from home a joy in the home office. The large master suite has been reconfigured for enhanced functionality & both bathrooms have been updated. The balcony off of the master is perfect for relaxing w/ an afternoon beverage. A loft area upstairs doubles as a 2nd office or sitting area. Memories will be made on the large back patio! This community offers leased boat slips at the private marina.

Last Agent to Sell the Property

Michael Morgan

RE/MAX Executive License #219912 Listed on: 11/25/2020

RE/MAX Executive

Co-Listed By

Jeana Morgan

RE/MAX Executive License #140764

Last Buyer's Agent

Zach Stamey

NorthGroup Real Estate LLC License #192052

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 001-461-04

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

3.56 Acres

HOA Fees

$400 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.99187
  • Ratio Close Price By Original Li: 0.99187
  • Ratio Current Price By Sq Ft: 363.31
  • Unit Floor Level: 1
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 835
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Microwave
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Attic Stairs Pulldown, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 844
  • Total Sq Ft: 1679

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalk, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Complex Name: Vineyard Point
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level, Water view, Waterfront
  • Parcel Number: 001-461-04
  • Zoning Specification: NR

Tax Info

  • Tax Value: 547200.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Dec 23, 2020
Sold by
Weld Elizabeth A and Weld Robert
Bought by
Lacatena Natalie Ann
Seller's Agent
Michael Morgan
RE/MAX Executive
Buyer's Agent
Zach Stamey
NorthGroup Real Estate LLC
List Price
$615,000
Sold Price
$610,000
Premium/Discount to List
-$5,000
-0.81%
Current Estimated Value
$825,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,449
Avg. Annual Appreciation
6.01%
Original Mortgage
$488,000
Outstanding Balance
$434,466
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$390,983

Purchase Details

Closed on
Jan 26, 1998
Sold by
Britt Sandra Turner and Britt Wayne
Bought by
Weld Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lacatena Natalie Ann $610,000 None Available
Weld Elizabeth A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacatena Natalie Ann $488,000
Previous Owner Weld Elizabeth A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $610,000 -0.8% $363 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $615,000 0.0% $366 / Sq Ft
06/04/2019 06/04/19 Rented $2,000 -7.0% --
05/15/2019 05/15/19 Price Changed $2,150 -4.4% $1 / Sq Ft
02/19/2019 02/19/19 For Rent $2,250 +12.5% --
09/11/2017 09/11/17 Rented $2,000 0.0% --
08/22/2017 08/22/17 Under Contract -- -- --
07/07/2017 07/07/17 For Rent $2,000 0.0% --
05/01/2017 05/01/17 Rented $2,000 0.0% --
03/20/2017 03/20/17 Under Contract -- -- --
01/12/2017 01/12/17 For Rent $2,000 0.0% --
06/30/2016 06/30/16 Rented $2,000 -11.1% --
06/29/2016 06/29/16 Under Contract -- -- --
05/12/2016 05/12/16 For Rent $2,250 +12.5% --
05/29/2015 05/29/15 Rented $2,000 0.0% --
05/14/2015 05/14/15 Under Contract -- -- --
04/27/2015 04/27/15 For Rent $2,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $4,700 $708,694 -- $708,694
2024 $4,700 $708,694 -- $708,694
2023 $4,685 $832,635 $0 $832,635
2022 $4,685 $547,200 $0 $547,200
2021 $4,630 $547,200 $0 $547,200
2020 $4,630 $547,200 $0 $547,200
2019 $4,624 $547,200 $0 $547,200
2018 $3,299 $303,400 $120,000 $183,400
2017 $3,273 $303,400 $120,000 $183,400
2016 $3,269 $303,400 $120,000 $183,400
2015 $3,220 $303,400 $120,000 $183,400
2014 $3,218 $303,400 $120,000 $183,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3686698

Canopy MLS (Canopy Realtor® Association)

APN: 001-461-04

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