NOT LISTED FOR SALE

18518 Square Sail Rd Cornelius, NC 28031

Estimated Value: $1,264,855 - $1,562,000

4 Beds
3.5 Baths
3,452 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $1,225,000 $355 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,877/month

5 Days on Market

Highlights

  • Access To Lake
  • Fitness Center
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Spa
  • Clubhouse

About This Home

As of June 2024

Welcome to the coveted Peninsula Community on Lake Norman. Walk to the Yacht club from this true gem with both luxurious living spaces and practical amenities that offer a relaxing lifestyle. The attention to detail & premium upgrades throughout really makes it stand out. The private outdoor living area featuring a pergola-covered hot tub spa is a perfect place to relax & unwind, especially with the added convenience of automatic blinds. With a spacious kitchen equipped with Bosch & Wolf stainless steel appliances, cooking & entertaining is a dream. Primary suite on the first floor, complete with vaulted ceilings and a luxurious upgraded bathroom, is a tranquil retreat. Upstairs bonus room is a great versatile space, for workouts or additional entertainment area. Upgraded first floor laundry room & expansive walk-in attic storage.Features like epoxied garage floor & custom solar shades demonstrate the meticulous care and attention to detail that went into every aspect of this property.

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Christie's Brokerage Email: lori@ivesterjackson.com License #78488 Listed on: 05/01/2024

Co-Listed By

Beth Gularson

Ivester Jackson Christie's Brokerage Email: lori@ivesterjackson.com License #352065

Last Buyer's Agent

Mary Kay Portaro

Ivester Jackson Christie's License #344344

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Corner Lot
  • Irrigation
  • Property is zoned GR

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Family Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Spa
  • Access To Lake
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-805-06

Community Details

Overview

  • Hawthorne Association
  • The Peninsula Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1999
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 354.87
  • Geocode Confidence: High
  • Attribution Contact: lori@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Kitchen Island, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2151
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1301
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Oven
  • Above Grade Finished Sq Ft: 3452
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 3452
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level, Sink
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake Access, Playground, Sidewalks, Tennis Court(s)
  • Association Fee: 715.5
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Hawthorne
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 1431.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 001-805-06
  • Zoning: GR
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 10, 2024
Sold by
Lambert Kevin H and Lambert Angela G
Bought by
Mcneill Donald B and Mcneill Mary A
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Christie's
Buyer's Agent
Mary Kay Portaro
Ivester Jackson Christie's
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%
Views
508
Current Estimated Value
$1,369,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,964
Avg. Annual Appreciation
7.38%

Purchase Details

Listed on
Jun 28, 2019
Closed on
Sep 5, 2019
Sold by
Brown Donald R and Donald R Brown Living Trust
Bought by
Lambert Kevin H and Lambert Amgela G
Seller's Agent
Bob Crowley
EXP Realty LLC
Buyer's Agent
Carolyn Brown
Pros Realty Inc.
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2017
Closed on
Nov 6, 2017
Sold by
Aird Charles L and Aird Donna M
Bought by
Brown Donald R and Donald R Brown Living Trust
Seller's Agent
Dixie Dean
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Bob Crowley
EXP Realty LLC
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Berta Fredrick L and Berta Phyllis M
Bought by
Aird Charles L and Aird Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2000
Sold by
Augusta Homes Inc
Bought by
Berta Fredrick L and Berta Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.29%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Crescent Resources Inc
Bought by
Augusta Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.74%
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
Mcneill Donald B $1,225,000 None Listed On Document
Mcneill Donald B $1,225,000 None Listed On Document
Lambert Kevin H $775,000 None Available
Brown Donald R $620,000 None Available
Aird Charles L $625,000 None Available
Berta Fredrick L $490,000 --
Augusta Homes Inc $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Kevin H $400,000
Previous Owner Aird Charles L $500,000
Previous Owner Berta Fredrick L $252,700
Previous Owner Augusta Homes Inc $338,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $1,225,000 -5.4% $355 / Sq Ft
05/01/2024 05/01/24 For Sale $1,295,000 +67.1% $375 / Sq Ft
09/05/2019 09/05/19 Sold $775,000 -3.1% $227 / Sq Ft View Prior Sale
07/09/2019 07/09/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $800,000 +29.0% $234 / Sq Ft
11/06/2017 11/06/17 Sold $620,000 -11.3% $181 / Sq Ft View Prior Sale
10/09/2017 10/09/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $699,000 -- $204 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $7,136 $1,080,000 $300,000 $780,000
2024 $7,136 $1,080,000 $300,000 $780,000
2023 $7,136 $1,080,000 $300,000 $780,000
2022 $5,794 $677,900 $215,000 $462,900
2021 $5,726 $677,900 $215,000 $462,900
2020 $5,726 $677,900 $215,000 $462,900
2019 $5,720 $677,900 $215,000 $462,900
2018 $6,041 $557,700 $175,000 $382,700
2017 $5,995 $557,700 $175,000 $382,700
2016 $5,992 $557,700 $175,000 $382,700
2015 $5,905 $557,700 $175,000 $382,700
2014 $5,903 $557,700 $175,000 $382,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4133468

Canopy MLS (Canopy Realtor® Association)

APN: 001-805-06