NOT LISTED FOR SALE

18609 Vineyard Point Ln Unit 24 Cornelius, NC 28031

Estimated Value: $840,000 - $1,114,000

3 Beds
2.5 Baths
1,744 Sq Ft
$361/mo HOA Fee

Last Sold October 27, 2020

Last sale price $631,000 $362 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,749/month

1 Day on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Community Lake
  • End Unit

About This Home

As of October 2020

An opportunity like this one will not come around often! This condo is truly a hard to come by gem with expansive panoramic water views from every room! You are sure to enjoy countless hours along with some of the most spectacular sunsets that Lake Norman has to offer on the expansive wrap around deck. Open, spacious floor plan, long kitchen bar area, ample dining space, great for entertaining! Gas fireplace, granite counter tops, nice pantry space & full size washer/dryer. Third bedroom can also be used as a bonus/game room and it has its own half bath for added convenience. Newer wood floors in lower bedrooms. Master bath has dual sinks, shower & separate jetted tub. Master bdrm has sliding glass door access to deck. Incredibly convenient location in a sought after complex. Long boardwalks are great for taking leisurely strolls throughout the complex, close to Birkdale Village, many choices for dining & green ways for running, walking, cycling. Come see this beauty while it lasts!

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 09/24/2020

Southern Homes of the Carolinas, Inc

Last Buyer's Agent

Kim Wilson

Keller Williams Lake Norman License #172060

Keller Williams Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Home Security

Listing and Financial Details

  • Assessor Parcel Number 001-461-47

Community Details

Overview

  • The Moorings Association, Phone Number (704) 818-7108
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 1.05184
  • Ratio Close Price By Original Li: 1.05184
  • Ratio Current Price By Sq Ft: 361.81
  • Unit Floor Level: 3
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 359
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Entry Level: Third
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Self Cleaning Oven, Wine Refrigerator
  • Fireplace Description: Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-818-7108
  • Interior Amenities: Attic Other, Breakfast Bar, Garden Tub, Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1385
  • Total Sq Ft: 1744

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s)
  • Association Fee: 361.00
  • Association Fee Frequency: Monthly
  • Complex Name: Vineyard Point
  • HOA Management Company: The Moorings
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: End Unit, Water view, Waterfront, Year Round View
  • Parcel Number: 001-461-47
  • Zoning Specification: NR

Tax Info

  • Tax Value: 444900.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 27, 2020
Sold by
Fostvedt Robert Peter and Fostvedt Liija
Bought by
Young Brian Alan and Young Heather Elaine
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$599,900
Sold Price
$631,000
Premium/Discount to List
$31,100
5.18%
Total Days on Market
1
Current Estimated Value
$939,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,167
Avg. Annual Appreciation
6.81%
Original Mortgage
$604,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2018
Sold by
Stephenson Randolph
Bought by
Fostvedt Roebrt Peter and Fostvedt Lilja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 26, 2013
Sold by
Wainscott Kendall J
Bought by
Stephenson Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,600
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Wainscott Susan L
Bought by
Wainscott Kendall J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,900
Interest Rate
5.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2002
Sold by
Wyatt Terry R and Wyatt Anis M
Bought by
Wainscott Kendall J and Wainscott Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Outland Properties Llc
Bought by
Wyatt Terry R and Wyatt Anis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.85%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Young Brian Alan $631,000 Lkn Title Llc
Fostvedt Roebrt Peter $510,000 None Available
Stephenson Randolph $447,500 None Available
Wainscott Kendall J -- --
Wainscott Kendall J $308,000 --
Wyatt Terry R $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Brian Alan $2,705,000
Closed Young Brian Alan $604,800
Previous Owner Fostvedt Roebrt Peter $170,000
Previous Owner Stephenson Randolph $335,600
Previous Owner Wainscott Kendall J $100,000
Previous Owner Wainscott Kendall J $235,900
Previous Owner Wainscott Kendall $241,400
Previous Owner Wainscott Kendall J $246,400
Previous Owner Wyatt Terry R $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $631,000 +5.2% $362 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $599,900 -- $344 / 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 $4,850 $743,687 $0 $743,687
2022 $3,816 $444,900 $0 $444,900
2021 $3,772 $444,900 $0 $444,900
2020 $3,772 $444,900 $0 $444,900
2019 $3,766 $444,900 $0 $444,900
2018 $3,395 $312,300 $125,000 $187,300
2017 $3,368 $312,300 $125,000 $187,300
2016 $3,364 $312,300 $125,000 $187,300
2015 $3,314 $312,300 $125,000 $187,300
2014 $3,312 $312,300 $125,000 $187,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3664188

Canopy MLS (Canopy Realtor® Association)

APN: 001-461-47