NOT LISTED FOR SALE

18602 Balmore Pines Ln Cornelius, NC 28031

Estimated Value: $1,972,278 - $2,268,000

3 Beds
3.5 Baths
3,202 Sq Ft
$667/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $1,190,000 $372 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $12,381/month

Highlights

  • Floating Dock
  • Waterfront
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Transitional Architecture

About This Home

As of August 2017

One of the few true ranch style homes on Lake Norman in The Peninsula. Like new, updated and waiting for your buyer.

Last Agent to Sell the Property

David Henderson

Southern Homes of the Carolinas, Inc License #191011 Listed on: 07/31/2017

Last Buyer's Agent

Melissa Goode Martin

Southern Homes of the Carolinas, Inc License #203962

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Floating Dock

Listing and Financial Details

  • Assessor Parcel Number 001-624-03

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.99167
  • Ratio Close Price By Original Li: 0.99167
  • Ratio Current Price By Acre: 1888888.89
  • Ratio Current Price By Sq Ft: 371.64
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Microwave, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 3202
  • Total Sq Ft: 3202
  • Sq Ft Unheated Main: 818
  • Sq Ft Unheated Total: 818

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Boat Lift, Boat Slip (Deed), Floating Dock, In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Street Lights, Tennis Court(s)
  • Association Fee: 612.50
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Cornelius
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: 143x254x74x247
  • Lot Features: Golf Course View, Waterfront, Water view
  • Lot Size Area: 0.630
  • Parcel Number: 001-624-03
  • Plat Book Slide: 24/542
  • Zoning Specification: GR

Tax Info

  • Tax Value: 747100.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Zartman David R and Zartman Tacy G
Bought by
Zartman David Richard and Zartman Tacy Gretchen
Current Estimated Value
$2,137,070

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 14, 2017
Sold by
Dianne A Robinson Revocable
Bought by
Zartman David R and Zartman Tacy G
Seller's Agent
David Henderson
Southern Homes of the Carolinas, Inc
Buyer's Agent
Melissa Goode Martin
Southern Homes of the Carolinas, Inc
List Price
$1,200,000
Sold Price
$1,190,000
Premium/Discount to List
-$10,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$714,000
Outstanding Balance
$381,861
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,755,209

Purchase Details

Closed on
Jun 28, 2011
Sold by
Mcnichols Edna T
Bought by
Robinson Dianne A and Dianne A Robinson Revocable Trust
Source: Public Records

Range of Values:

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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
Zartman David Richard -- None Available
Zartman David R $1,190,000 None Available
Robinson Dianne A $945,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zartman David R $714,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $1,190,000 -0.8% $372 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $1,200,000 -- $375 / 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 $11,789 $1,789,000 $1,040,000 $749,000
2024 $11,789 $1,789,000 $1,040,000 $749,000
2023 $11,605 $1,789,000 $1,040,000 $749,000
2022 $10,225 $1,199,900 $760,000 $439,900
2021 $10,105 $1,199,900 $760,000 $439,900
2020 $10,105 $1,199,900 $760,000 $439,900
2019 $10,099 $1,199,900 $760,000 $439,900
2018 $8,083 $747,100 $420,000 $327,100
2017 $8,023 $747,100 $420,000 $327,100
2016 $8,020 $747,100 $420,000 $327,100
2015 $7,904 $747,100 $420,000 $327,100
2014 $8,362 $790,700 $420,000 $370,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3300239

Canopy MLS (Canopy Realtor® Association)

APN: 001-624-03