NOT LISTED FOR SALE

18709 Nautical Dr Cornelius, NC 28031

Estimated Value: $441,231 - $583,000

2 Beds
2 Baths
1,026 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $281,500 $274 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,991/month

93 Days on Market

Highlights

  • Assigned Boat Slip
  • In Ground Pool
  • Tennis Courts
  • Bailey Middle School Rated A-
  • Waterfront
  • Balcony

About This Home

As of August 2019

Home buying Spring is in the air. Fantastic top floor, LKN, water-front condo with high valeted ceiling and an incredible lake view. So many upgrades all through your new, super cool home. The kitchen and bathrooms are totally remodeled. Granite counter tops, high-end tile, SS appliances, cabinets, vanities, HVAC, roof, doors, light fixtures, ceiling fans and more. Right in front of the condo are the boat docks with slips fro rent or sale. The community also includes tennis court, pool and clubhouse. Easy access from exits 25 and 28 from the 77. The vibe just feels great.

Last Agent to Sell the Property

Jason Kierce

ACAM Investments LLC Brokerage Email: jasonkierce@yahoo.com License #251365 Listed on: 04/19/2019

Last Buyer's Agent

Barry Fulton

Southern Homes of the Carolinas, Inc License #275867

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1986

Lot Details

  • Waterfront

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Condominium
  • Entry on the 3rd floor
  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Assigned Boat Slip
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001-481-16

Community Details

Overview

  • Cedar Association
  • Mid-Rise Condominium
  • Admirals Quarters Condos
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,627

Year Built

Built in 1986

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1986
  • Road Surface Type: Asphalt
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 274.37
  • Property Sub Type Additional: Mid-Rise
  • Attribution Contact: jasonkierce@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1026
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 123
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 123
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1026
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Third
  • Living Area: 1026
  • Bedroom Main: 2
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: In Ground Pool, Tennis Court(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip, Boat Slip (Lease/License)
  • Construction Type: Cedar Shake
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 193.6
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Admirals Quarters
  • Association Name: Cedar
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: Lake On Property, Waterfront
  • Parcel Number: 001-481-16
  • Land Included Yn: 0
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Aug 15, 2019
Sold by
Mele Christopher M and Mele Lisa
Bought by
Billingsley Melanie L and Billingsley Carl Kindell
Seller's Agent
Jason Kierce
ACAM Investments LLC
Buyer's Agent
Barry Fulton
Southern Homes of the Carolinas, Inc
List Price
$310,000
Sold Price
$281,500
Premium/Discount to List
-$28,500
-9.19%
Current Estimated Value
$487,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,058
Avg. Annual Appreciation
9.28%
Original Mortgage
$224,400
Outstanding Balance
$196,533
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$291,025

Purchase Details

Closed on
Jan 17, 2007
Sold by
Hurst Cecil C
Bought by
Mele Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Billingsley Melanie L $281,000 None Available
Mele Christopher M $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billingsley Melanie L $224,400
Previous Owner Mele Christopher M $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $281,500 -4.3% $274 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $294,000 -1.7% $287 / Sq Ft
05/31/2019 05/31/19 Price Changed $299,000 -3.5% $291 / Sq Ft
04/19/2019 04/19/19 For Sale $310,000 0.0% $302 / Sq Ft
03/04/2016 03/04/16 Rented $1,200 -7.3% --
03/02/2016 03/02/16 Under Contract -- -- --
01/05/2016 01/05/16 For Rent $1,295 +18.3% --
01/17/2012 01/17/12 Rented $1,095 0.0% --
01/17/2012 01/17/12 For Rent $1,095 -- --
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 $2,627 $392,785 -- $392,785
2024 $2,627 $392,785 -- $392,785
2023 $2,583 $392,785 $0 $392,785
2022 $2,422 $280,700 $0 $280,700
2021 $2,394 $280,700 $0 $280,700
2020 $2,394 $280,700 $0 $280,700
2019 $2,388 $280,700 $0 $280,700
2018 $2,254 $206,500 $84,000 $122,500
2017 $2,235 $206,500 $84,000 $122,500
2016 $2,232 $206,500 $84,000 $122,500
2015 $2,197 $206,500 $84,000 $122,500
2014 $2,195 $206,500 $84,000 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3497661

Canopy MLS (Canopy Realtor® Association)

APN: 001-481-16