Seller's Agent in 2023
Caten Murphy
EXP Realty LLC Mooresville
(980) 621-3906
159 Total Sales
18509 Summer Cottage Ln Cornelius, NC 28031
Estimated Value: $880,030 - $984,000
3
Beds
2
Baths
1,909
Sq Ft
$486/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Access To Lake
- Open Floorplan
- Bailey Middle School Rated A-
- Fitness Center
- Clubhouse
About This Home
As of December 2023Welcome to The Peninsula, a highly sought-after waterfront neighborhood offering not just a home but a lifestyle! This 3 bedroom, 2 bath property strikes the perfect balance between convenience and luxury. The enormous open kitchen and family room are the heart of the home and provide the perfect backdrop for entertaining friends and family. The location is unbeatable- just a short walk to the Peninsula Golf and Tennis Club or the John Connor boat slips and beach. Minutes from the neighborhood, you’ll find all that Lake Norman has to offer including boating, shopping, dining, parks, and greenways. Imagine settling into a home where the hard work has been done and all that is left for you to do is unpack and start enjoying the elevated lifestyle it offers! Home has been fully updated, see complete list of renovations in the attachments.
Last Agent to Sell the Property
EXP Realty LLC Mooresville Brokerage Email: caten@murphyhomegroup.com License #120171 Listed on: 11/16/2023
Co-Listed By
EXP Realty LLC Mooresville Brokerage Email: caten@murphyhomegroup.com License #241989
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,810
Year Built
- Built in 1994
Lot Details
- Corner Lot
- Level Lot
- Irrigation
- Property is zoned GR
HOA Fees
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Synthetic Stucco Exterior
Interior Spaces
- 1,909 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Crawl Space
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Range Hood
- Microwave
- Freezer
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Access To Lake
- Rear Porch
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 001-732-18
Community Details
Overview
- Hawthorne Management Company Association
- The Peninsula Subdivision
- Mandatory home owners association
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Playground
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Dec 27, 2023
Sold by
Close N30 Investment Properties Llc
Bought by
Pearce Brian Emery and Pearce Christine Marie
Seller's Agent
Caten Murphy
EXP Realty LLC Mooresville
Buyer's Agent
Logan Ruffin
SERHANT
List Price
$850,000
Sold Price
$850,000
Views
30
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
$77,258
Avg. Annual Appreciation
5.25%
Original Mortgage
$765,000
Outstanding Balance
$746,865
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$180,393
Purchase Details
Closed on
Aug 4, 2023
Sold by
Rider Ginger C
Bought by
Close N30 Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 1995
Sold by
Simonini Builders Inc
Bought by
Rider Ginger C
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 |
|---|---|---|---|
| Pearce Brian Emery | $850,000 | Omega National Title Agency Ll | |
| Close N30 Investment Properties Llc | $550,000 | None Listed On Document | |
| Close N30 Inv Properties Llc | $550,000 | None Listed On Document | |
| Rider Ginger C | $271,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pearce Brian Emery | $83,600 | |
| Open | Pearce Brian Emery | $765,000 | |
| Previous Owner | Close N30 Inv Properties Llc | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $850,000 | 0.0% | $445 / Sq Ft |
| 11/16/2023 11/16/23 | For Sale | $850,000 | -- | $445 / 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 | $4,810 | $725,500 | $275,000 | $450,500 |
| 2023 | $4,810 | $716,900 | $275,000 | $441,900 |
| 2022 | $3,570 | $425,600 | $180,000 | $245,600 |
| 2021 | $3,570 | $425,600 | $180,000 | $245,600 |
| 2020 | $3,570 | $425,600 | $180,000 | $245,600 |
| 2019 | $3,604 | $425,600 | $180,000 | $245,600 |
| 2018 | $3,478 | $320,000 | $100,000 | $220,000 |
| 2017 | $3,450 | $320,000 | $100,000 | $220,000 |
| 2016 | -- | $320,000 | $100,000 | $220,000 |
| 2015 | $3,395 | $320,000 | $100,000 | $220,000 |
| 2014 | $3,393 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Caten Murphy
-
Lara Murphy
Seller Co-Listing Agent in 2023
Lara Murphy
EXP Realty LLC Mooresville
(704) 929-3289
113 Total Sales
-
Logan Ruffin
L
Buyer's Agent in 2023
Logan Ruffin
SERHANT
(615) 598-7547
52 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4088078
APN: 001-732-18
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