NOT LISTED FOR SALE

18633 Square Sail Rd Cornelius, NC 28031

Estimated Value: $1,359,000 - $1,600,000

4 Beds
4.5 Baths
3,871 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $725,000 $187 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $8,675/month

55 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Transitional Architecture

About This Home

As of May 2017

Stately brick home positioned on level lot just a few blocks from Yacht Club! Foyer opens to study w/ fireplace & formal dining room, great room w/built-ins, black granite surrounds fireplace, kitchen updated w/leathered granite, new SS appliances & backsplash. Home features hardwood floors, 2 fireplaces, owners suite on main w/private screened porch, 3 guest rooms w/ensuite baths, bonus room w/ walk-in storage, newer HVAC systems, Invisible Dog fence, aluminum fence/rear yard. Great floor plan!

Last Agent to Sell the Property

Terri Mayhew

Southern Homes of the Carolinas, Inc License #67226 Listed on: 03/01/2017

Last Buyer's Agent

Karen Russo

Realty ONE Group Select License #289587

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Oven
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 001-806-06

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional, Transitional
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Current Price By Acre: 1768292.68
  • Ratio Current Price By Sq Ft: 187.29
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1426
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Oven, Exhaust Hood, Refrigerator, Security System, Surround Sound
  • Fireplace Description: Gas Logs, Gas Vented, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Walk-in, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 2445
  • Total Sq Ft: 3871
  • Sq Ft Unheated Main: 676
  • Sq Ft Unheated Total: 676

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 102x174x100x189
  • Lot Features: Lake Access, Level
  • Lot Size Area: 0.410
  • Parcel Number: 001-806-06
  • Zoning Specification: GR

Tax Info

  • Tax Value: 593700.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 25, 2017
Sold by
Newsom Larry W and Newsom Kay A
Bought by
Salaway Jeffrey Scott and Salaway Lisa M
Seller's Agent
Terri Mayhew
Southern Homes of the Carolinas, Inc
Buyer's Agent
Karen Russo
Realty ONE Group Select
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,500,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,260
Avg. Annual Appreciation
9.07%
Original Mortgage
$580,000
Outstanding Balance
$482,077
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,018,183

Purchase Details

Closed on
Aug 29, 2006
Sold by
Leonard Alfred C and Leonard Marilyn C
Bought by
Newsom Larry W and Newsom Kay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Karriker Marty L and Karriker Marcela A
Bought by
Leonard Alfred C and Leonard Marilyn C

Purchase Details

Closed on
Dec 18, 1998
Sold by
Stevenson Tom Building Co Inc
Bought by
Karriker Marty L and Karriker Marcela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
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
Salaway Jeffrey Scott $725,000 None Available
Newsom Larry W $650,000 None Available
Leonard Alfred C $567,000 --
Karriker Marty L $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salaway Jeffrey Scott $580,000
Previous Owner Newsom Larry W $250,000
Previous Owner Karriker Marty L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $725,000 -3.3% $187 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $750,000 -- $194 / 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 $7,425 $1,137,300 $285,000 $852,300
2024 $7,425 $1,124,000 $285,000 $839,000
2023 $7,308 $1,124,000 $285,000 $839,000
2022 $5,300 $619,700 $204,300 $415,400
2021 $5,238 $619,700 $204,300 $415,400
2020 $5,872 $695,300 $204,300 $491,000
2019 $5,866 $695,300 $204,300 $491,000
2018 $6,429 $593,700 $175,000 $418,700
2017 $6,381 $593,700 $175,000 $418,700
2016 $6,377 $593,700 $175,000 $418,700
2015 $6,285 $593,700 $175,000 $418,700
2014 $6,283 $593,700 $175,000 $418,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3257440

Canopy MLS (Canopy Realtor® Association)

APN: 001-806-06