NOT LISTED FOR SALE

18708 Silver Quay Dr Unit 56 Cornelius, NC 28031

Estimated Value: $375,733 - $515,000

3 Beds
2.5 Baths
1,380 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $244,000 $177 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,571/month

5 Days on Market

Highlights

  • Water Views
  • Assigned Boat Slip
  • Pier or Dock
  • Bailey Middle School Rated A-
  • Boat or Launch Ramp
  • Fireplace in Kitchen

About This Home

As of July 2017

Waterview of Lake Norman & Community Pool.Closest building to the lake in the complex.2 Story town home in immaculate condition.Recent renovations include hvac,hot water heater,hardwoods,paint.Kitchen renovations-soft close cabinets,stainless appliances,quartz counters,led lighting.2 Sided gas fp in dr & living.Slider leads to 9x9 screened in porch.9x9 patio,both facing the pool & lake.Exterior,new roof,attic fan,painting in 2013.Kayak safely to now wake zone past Kings Point.Slips for lease.

Last Agent to Sell the Property

Debi Gallo

Southern Homes of the Carolinas, Inc Brokerage Email: debigallo@gmail.com License #187601 Listed on: 05/23/2017

Co-Listed By

Barry Fulton

Southern Homes of the Carolinas, Inc Brokerage Email: debigallo@gmail.com License #275867

Last Buyer's Agent

Matthew Elliott

Southern Homes of the Carolinas, Inc License #289012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1995

Lot Details

  • Front Green Space
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • See Through Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • Screened Porch
  • Water Views
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 2 Open Parking Spaces

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Boat or Launch Ramp
  • Assigned Boat Slip
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-483-28

Community Details

Overview

  • William Douglas Mgmt Association
  • Silver Quay Condos
  • Mandatory home owners association

Recreation

  • Pier or Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1995

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1995
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.81
  • Attribution Contact: debigallo@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 690
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 81
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 81
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 690
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1380
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Screen Door(s), Storm Door(s)
  • Entry Location: Main
  • Fireplace Features: Gas, Gas Log, Kitchen, Living Room, See Through
  • Living Area: 1380
  • Window Features: Window Treatments
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 81

Exterior Features

  • Exterior Features: Lawn Maintenance, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Waterfront Features: Boat Ramp, Boat Ramp – Community, Boat Slip – Community, Boat Slip (Lease/License), Lake, Pier - Community
  • Waterfront Elevation: 1000
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Enclosed, Patio, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Silver Quay
  • Association Name: William Douglas Mgmt
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: dbeller@wdouglas

Schools

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

Lot Info

  • Lot Features: Green Area, Level, Paved, Views
  • Parcel Number: 001-483-28
  • Land Included Yn: 0
  • Development Status: Completed
  • Lot Size: Per tax records
  • Zoning Description: Residential
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 13, 2017
Sold by
Kempton Earl James
Bought by
Grice Jon Paul R
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Matthew Elliott
Southern Homes of the Carolinas, Inc
List Price
$244,000
Sold Price
$244,000
Current Estimated Value
$420,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,683
Avg. Annual Appreciation
6.78%
Original Mortgage
$207,400
Outstanding Balance
$172,551
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$248,132

Purchase Details

Closed on
Jan 17, 2011
Sold by
Kempton Earl James
Bought by
Kempton Earl James

Purchase Details

Closed on
Aug 29, 2003
Sold by
Kolarczyk Thomas M and Kolarczyk Judith M
Bought by
Kempton Edgar G and Kempton Winifred K

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
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Duncan Sheila and Duncan James E
Bought by
Kolarczyk Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,055
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1999
Sold by
Steven Antunes
Bought by
Hall Sheila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
7.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 14, 1997
Sold by
Gilmer Grant L and Gilmer Cecilia P
Bought by
Antunes Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.27%
Mortgage Type
Balloon
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
Grice Jon Paul R $244,000 None Available
Kempton Earl James $139,500 None Available
Kempton Edgar G $139,500 --
Kolarczyk Thomas M $137,000 --
Hall Sheila S $137,000 --
Antunes Steven $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grice Jon Paul R $207,400
Previous Owner Kempton Edgar G $100,000
Previous Owner Kolarczyk Thomas M $130,055
Previous Owner Hall Sheila S $123,300
Previous Owner Antunes Steven $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $244,000 0.0% $177 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $244,000 -- $177 / 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 $2,101 $312,700 $80,000 $232,700
2024 $2,101 $312,700 $80,000 $232,700
2023 $2,062 $312,700 $80,000 $232,700
2022 $2,062 $238,200 $93,800 $144,400
2021 $2,038 $238,200 $93,800 $144,400
2020 $2,038 $238,200 $93,800 $144,400
2019 $2,032 $238,200 $93,800 $144,400
2018 $1,880 $171,800 $54,000 $117,800
2017 $1,863 $171,800 $54,000 $117,800
2016 $1,860 $171,800 $54,000 $117,800
2015 $1,831 $171,800 $54,000 $117,800
2014 $1,829 $171,800 $54,000 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3283780

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-28