NOT LISTED FOR SALE

18579 Vineyard Point Ln Unit 34 Cornelius, NC 28031

Estimated Value: $652,097 - $716,000

3 Beds
2 Baths
1,251 Sq Ft
$392/mo HOA Fee

Last Sold February 28, 2024

Last sale price $682,500 $546 Per Sq Ft

Current estimated payment $4,457/month

8 Days on Market

Highlights

  • Assigned Boat Slip
  • Access To Lake
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Waterfront
  • Community Pool

About This Home

As of February 2024

Ground floor 3 bedroom 2 bathroom condo in The Moorings complex of Vineyard Point. One of the most desirable condo locations on Lake Norman. First floor location provides easy access to condo from both parking lot and lake side/pool. Open floorplan with 3 bedrooms and 2 full bathrooms. Laminated wood flooring throughout the condo. Large waterfront porch is covered and can be accessed from both the living area and the primary bedroom. Porch floor has been covered with teak wood interlocking deck tiles. Primary bedroom has a great lake view, large closet, tub/shower combo. Boat slips can be leased. Current owner has a slip leased through April 2024 that can be transferred. So no waiting list to get a boat slip. Seller is willing to sell furniture and pontoon boat (See Pictures) in addition to the condo. Amenities include pool, tennis court, and waterfront boardwalk.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 01/02/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Maria Tobin

Allen Tate Lake Norman License #335505

Allen Tate Lake Norman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1991

Lot Details

  • Waterfront

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Hardboard
  • Stucco

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Access To Lake
  • Assigned Boat Slip
  • Covered patio or porch

Schools

  • J.V. Washam Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-461-57

Community Details

Overview

  • William Douglas Property Management Association, Phone Number (704) 347-8900
  • Mid-Rise Condominium
  • The Moorings Condos
  • Vineyard Point Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,928

Year Built

Built in 1991

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1991
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 545.56
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: zachstamey@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1251
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1251
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Great Room
  • Living Area: 1251
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License)
  • Construction Type: Hard Stucco, Hardboard Siding
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Room
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access, Outdoor Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 392
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Moorings
  • Senior Community: No
  • Association Name: William Douglas Property Management
  • Phone: 704-347-8900
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: INFO@WMDOUGLAS.COM

Association/Amenities

  • Association Annual Expense: 4704.00

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Parcel Number: 001-461-57
  • Zoning: NR
  • Land Included Yn: 0
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 28, 2024
Sold by
Clark Edward J and Clark Brooke B
Bought by
Rybak John Thomas and Rybak Maxine Ellen
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Maria Tobin
Allen Tate Lake Norman
List Price
$695,000
Sold Price
$682,500
Premium/Discount to List
-$12,500
-1.8%
Total Days on Market
8
Views
28
Current Estimated Value
$680,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,726
Avg. Annual Appreciation
-0.20%
Original Mortgage
$150,000
Outstanding Balance
$142,956
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$537,818

Purchase Details

Closed on
Nov 23, 2020
Sold by
Jansen Andre and Jansen Teresa
Bought by
Clark Edward J and Clark Brooke B

Purchase Details

Listed on
May 1, 2019
Closed on
Aug 5, 2019
Sold by
Young Teresa S
Bought by
Jansen Andre and Vasquez Teresa
Seller's Agent
Justin Boston
Horizon Realty Carolinas
Buyer's Agent
Vincent Digiorgio
RE/MAX Metro Realty
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$296,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2004
Sold by
Maguire Dorothy F
Bought by
Young Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Kay Hansen Donna and Kay Sandra K
Bought by
Maguire Dorothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,067
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Rybak John Thomas $682,500 Master Title
Clark Edward J $423,000 None Available
Jansen Andre $370,000 None Available
Young Teresa S $185,000 --
Maguire Dorothy F $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rybak John Thomas $150,000
Previous Owner Jansen Andre $296,000
Previous Owner Young Teresa S $206,500
Previous Owner Young Teresa S $166,500
Previous Owner Maguire Dorothy F $116,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $682,500 -1.8% $546 / Sq Ft
01/03/2024 01/03/24 For Sale $695,000 +87.8% $556 / Sq Ft
08/05/2019 08/05/19 Sold $370,000 -2.6% $291 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $379,900 +2.7% $298 / Sq Ft
05/01/2019 05/01/19 Off Market $370,000 -- --
05/01/2019 05/01/19 For Sale $379,900 -- $298 / 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
2023 $2,928 $561,697 $0 $561,697
2022 $2,928 $349,000 $0 $349,000
2021 $2,967 $349,000 $0 $349,000
2020 $2,967 $349,000 $0 $349,000
2019 $2,961 $349,000 $0 $349,000
2018 $2,907 $267,100 $110,000 $157,100
2017 $2,884 $267,100 $110,000 $157,100
2016 $2,880 $267,100 $110,000 $157,100
2015 $2,837 $267,100 $110,000 $157,100
2014 $2,835 $267,100 $110,000 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4096447

Canopy MLS (Canopy Realtor® Association)

APN: 001-461-57