NOT LISTED FOR SALE

18695 Vineyard Point Ln Unit 49 Cornelius, NC 28031

Estimated Value: $416,000 - $458,278

2 Beds
2 Baths
880 Sq Ft
$270/mo HOA Fee

Last Sold October 18, 2022

Last sale price $415,000 $472 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,961/month

46 Days on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • Waterfront
  • Bailey Middle School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of October 2022

WATERFRONT, GROUND LEVEL, FULLY RENOVATED CONDO on Lake Norman. This condo caters to the carefree lake life while also offering a luxurious feel... Beautifully updated from top to bottom inside. Easy access to the lake, marina, and boardwalk straight off the cozy covered patio. Perfectly situated next to the outdoor pool and across the street from the tennis courts. A garden condo like this is hard to find!! 2 bed/2 bath, open-concept floor plan, very low maintenance with tile floors throughout, granite countertops. Primary suite has large walk-in closet, garden tub in bathroom. This lovely home is a must see!

Last Agent to Sell the Property

Brianne Watson

Lantern Realty & Development, LLC License #293189 Listed on: 08/13/2022

Lantern Realty & Development, LLC

Last Buyer's Agent

Jenna Lacroix

Ivester Jackson Distinctive Properties License #294536

Ivester Jackson Distinctive Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1990

Lot Details

  • Waterfront
  • Lawn

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Assigned Boat Slip
  • Patio

Schools

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

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 001-463-49

Community Details

Overview

  • William Douglas Association, Phone Number (704) 230-3131
  • The Arbors Condos
  • Vineyard Point Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,513

Year Built

Built in 1990

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1990
  • Ratio Current Price By Acre: 238505.75
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Structure Type: Garden
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 471.59
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab, Slab
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 141
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 880
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 7
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 7
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 880
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, In Ground Pool, Tennis Court(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Pier - Community
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 269.6
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Arbors
  • Association Name: William Douglas
  • Phone: 7042303131
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3235.20

Lot Info

  • Lot Features: Lake On Property, Lake Access, Long Range View, Waterfront
  • Lot Size Area: 1.74
  • Lot Size Units: Acres
  • Parcel Number: 001-463-49
  • Land Included Yn: 0
  • Zoning Description: NR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.10396

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Oct 7, 2022
Sold by
Watson Kathy and Watson John
Bought by
Nash Evyn Caleece
Seller's Agent
Brianne Watson
Lantern Realty & Development, LLC
Buyer's Agent
Jenna Lacroix
Ivester Jackson Distinctive Properties
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
46
Views
25
Current Estimated Value
$442,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,070
Avg. Annual Appreciation
2.57%
Original Mortgage
$373,500
Outstanding Balance
$359,509
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$84,019

Purchase Details

Listed on
Sep 4, 2012
Closed on
Mar 7, 2014
Sold by
Glt Enterprises Llc
Bought by
Dg 3 South Llc
Seller's Agent
Jean Tucker
Jean Thomas Realty
Buyer's Agent
Ann Horn
Southern Charm Properties
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
May 31, 2012
Sold by
Rk Sims Investmnets Llc
Bought by
Glt Enterpeies Llc

Purchase Details

Closed on
Feb 9, 2001
Sold by
East Lake Properties Inc
Bought by
R K Sims Investments Llc

Purchase Details

Closed on
Apr 5, 1999
Sold by
Phillips Freda G
Bought by
East Lake Properties Inc
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
Nash Evyn Caleece $415,000 Investors Title
Dg 3 South Llc $187,000 None Available
Glt Enterpeies Llc $160,000 None Available
R K Sims Investments Llc $128,000 --
East Lake Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Evyn Caleece $373,500
Previous Owner Phillips Freda G $105,350
Previous Owner Phillips Freda G $101,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $415,000 -2.4% $472 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $425,000 +107.3% $483 / Sq Ft
04/21/2017 04/21/17 Sold $205,000 -4.7% $235 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $215,000 +15.0% $246 / Sq Ft
03/07/2014 03/07/14 Sold $187,000 +15483.3% $214 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
03/07/2013 03/07/13 Rented $1,200 0.0% --
02/05/2013 02/05/13 Under Contract -- -- --
11/14/2012 11/14/12 For Rent $1,200 0.0% --
09/04/2012 09/04/12 For Sale $199,900 -- $229 / 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 $2,513 $382,004 $0 $382,004
2022 $1,754 $202,000 $0 $202,000
2021 $1,734 $202,000 $0 $202,000
2020 $1,734 $202,000 $0 $202,000
2019 $1,728 $202,000 $0 $202,000
2018 $1,996 $182,600 $75,000 $107,600
2017 $1,979 $182,600 $75,000 $107,600
2016 $1,976 $182,600 $75,000 $107,600
2015 $1,945 $182,600 $75,000 $107,600
2014 $1,943 $204,400 $80,000 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3894261

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-49