NOT LISTED FOR SALE

18697 Vineyard Point Ln Unit 50 Cornelius, NC 28031

Estimated Value: $391,332 - $431,000

2 Beds
2 Baths
875 Sq Ft
$466/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $349,900 $400 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,704/month

46 Days on Market

Highlights

  • Assigned Boat Slip
  • Waterfront
  • Tennis Courts
  • Bailey Middle School Rated A-
  • Community Pool
  • Covered patio or porch

About This Home

As of May 2023

Two bedroom two bathroom condo in The Arbors complex of Vineyard Point. Second floor location with great view of Lake Norman, marina, and pool. Condo has just been painted and new floors have been installed. Updated kitchen with stainless steel appliances. New dishwasher. New washing machine and dryer are included. Community amenities include the lake, pool, tennis, and leased boatslips.

Last Agent to Sell the Property

Zach Stamey

NorthGroup Real Estate LLC Brokerage Email: zachstamey@yahoo.com License #192052 Listed on: 02/17/2023

NorthGroup Real Estate LLC

Last Buyer's Agent

Lynn Johnson

Savvy + Co Real Estate License #226073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1990

Lot Details

  • Waterfront

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Assigned Parking Space

Outdoor Features

  • Assigned Boat Slip
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-463-50

Community Details

Overview

  • William Douglas Association
  • Mid-Rise Condominium
  • The Arbors Condos
  • Vineyard Point Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1990

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1990
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 399.89
  • Property Sub Type Additional: Mid-Rise
  • Attribution Contact: zachstamey@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Vinyl
  • Interior Amenities: Cable Prewire, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 875
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 875
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Great Room
  • Living Area: 875
  • Bedroom Main: 2
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Boat Slip – Community
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Assigned, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Tennis Court(s)
  • Association Fee: 269.6
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Arbors
  • Senior Community: No
  • Association Name: William Douglas
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-463-50
  • Land Included Yn: 0
  • Lot Size: 0
  • ResoLotSizeUnits: Acres
  • 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
Feb 17, 2023
Closed on
May 10, 2023
Sold by
Szabo Thomas and Szabo Arlene
Bought by
Richardson Breck Julian
Seller's Agent
Zach Stamey
NorthGroup Real Estate LLC
Buyer's Agent
Lynn Johnson
Savvy + Co Real Estate
List Price
$349,900
Sold Price
$349,900
Total Days on Market
46
Views
219
Current Estimated Value
$407,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,683
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Boyle Ryan J and Boyle April Gehling
Bought by
Szabo Thomas and Szabo Arlene

Purchase Details

Closed on
Nov 19, 2004
Sold by
Tolbert Daniel and Tolbert Pamela
Bought by
Boyle Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Sears Thomas Anthony and Sears Martha Dawn
Bought by
Tolbert Daniel and Tolbert Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Richardson Breck Julian $350,000 None Listed On Document
Szabo Thomas -- None Available
Boyle Ryan J $121,000 --
Tolbert Daniel $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyle Ryan J $20,000
Previous Owner Boyle Ryan J $33,125
Previous Owner Boyle Ryan J $96,800
Previous Owner Tolbert Daniel $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $349,900 0.0% $400 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $349,900 -- $400 / 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 $1,754 $296,851 $0 $296,851
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: 3940074

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-50