NOT LISTED FOR SALE

18700 Nautical Dr Unit 102 Cornelius, NC 28031

Estimated Value: $572,755 - $609,000

3 Beds
2 Baths
1,290 Sq Ft
$464/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $520,000 $403 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,788/month

30 Days on Market

Highlights

  • Fitness Center
  • RV or Boat Storage in Community
  • Open Floorplan
  • J.V. Washam Elementary School Rated 9+
  • Waterfront
  • Community Lake

About This Home

As of July 2022

Lake Norman resort style living at its finest! Rare opportunity to own a ground floor waterfront 3 bedroom condo! Amazing waterfront views from your private covered patio. Just steps away from your boat. (30' boat slip with lift available for sale separately for $38k). Huge no wake zone. Great for kayaking/paddle boarding! 2019/2020 updates include SS appliances, huge granite countertop/breakfast bar, LVP flooring, new toilets, 2nd bath vanity, shower doors, primary bath ceramic floor, marble tub and shower surround. Crown molding throughout. Covered patio with finished ceiling. AQ offers a beach area, pool, tennis, fitness room, club house, kayak/paddle board launch area, pond w 2 fountains, WF gazebo, basic cable, sewer, water. Marina, garages, and RV storage require additional fee. At times garages and boat slips are available for sale. Close to dining and shopping. Walking distance to Port City restaurant. Quick access to I-77. Short drive to Charlotte. 30 lb dog weight limit.

Last Agent to Sell the Property

Jack Beckman

Southern Homes of the Carolinas, Inc License #283036 Listed on: 06/24/2022

Last Buyer's Agent

Jack Beckman

Southern Homes of the Carolinas, Inc License #283036 Listed on: 06/24/2022

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Lawn

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,290 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Fireplace

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Pond
  • Patio

Schools

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

Utilities

  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00148147

Community Details

Overview

  • Csi Communities Association, Phone Number (704) 892-1660
  • Commodores Landing Condos
  • Admirals Quarters Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1991

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Transitional
  • Year Built: 1991
  • Restrictions: Other - See Media/Remarks
  • Doors and Windows: Storm Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Unit Floor Level: 1
  • Restrictions Description: Weight limit for pets is thirty (30) lbs. Refer to AQ Handbook dated 8/2016 and AQ Declarations in attached media for more information.
  • Proposed Special Assessment Desc: As of 6/21/22 has not yet been confirmed nor approved.
  • Road Surface Type: Asphalt, Shared
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Available, Garden Tub, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 110
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1290
  • 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
  • Porch: Back,Covered,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Fan, Plumbed For Ice Maker, Microwave
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 1290
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Paddlesport Launch Site - Community, Other
  • Construction Type: Fiber Cement

Garage/Parking

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

Utilities

  • Heating: Apollo System
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 362.22
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Commodores Landing
  • Association Name: CSI Communities
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required
  • HOA Email: beth@csicommunities.com

Lot Info

  • Lot Features: Beach Front, Lake On Property, Lake Access, Level, Views, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 00148147
  • Land Included Yn: 0
  • Zoning Description: NR

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.55062

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
Jun 24, 2022
Closed on
Jul 25, 2022
Sold by
Allen Folger Wayne and Allen Elizabeth Jane
Bought by
Scher Greg
Seller's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
List Price
$510,000
Sold Price
$520,000
Premium/Discount to List
$10,000
1.96%
Current Estimated Value
$598,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,689
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Lieb Golger Jane Elizabeth
Bought by
Folger Wayne Allen

Purchase Details

Closed on
Apr 23, 2019
Sold by
Coleman Richard E and Coleman Sally S
Bought by
Folger Wayne Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
Coleman Sally S and Coleman Richard E
Bought by
Coleman Richard E and Coleman Sally S

Purchase Details

Closed on
Jun 4, 1998
Sold by
Pickler James W and Pickler Gale L
Bought by
Coleman Sally S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Scher Greg $520,000 Collier Law Firm Pc
Folger Wayne Allen -- None Available
Folger Wayne Allen $356,500 None Available
Coleman Richard E -- None Available
Coleman Sally S $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Folger Wayne Allen $200,000
Previous Owner Coleman Richard $50,000
Previous Owner Coleman Richard E $125,000
Previous Owner Coleman Richard E $54,000
Previous Owner Coleman Sally S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $520,000 +2.0% $403 / Sq Ft
06/24/2022 06/24/22 For Sale $510,000 -- $395 / 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 -- $472,222 -- $472,222
2024 -- $472,222 -- $472,222
2023 $2,832 $472,222 $0 $472,222
2022 $2,832 $328,900 $0 $328,900
2021 $2,759 $328,900 $0 $328,900
2020 $2,799 $328,900 $0 $328,900
2019 $2,793 $328,900 $0 $328,900
2018 $2,651 $243,300 $98,000 $145,300
2017 $2,629 $243,300 $98,000 $145,300
2016 $2,626 $243,300 $98,000 $145,300
2015 $2,586 $243,300 $98,000 $145,300
2014 $2,584 $243,300 $98,000 $145,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874576

Canopy MLS (Canopy Realtor® Association)

APN: 001-481-47