NOT LISTED FOR SALE

18711 Ruffner Dr Unit 2A Cornelius, NC 28031

Estimated Value: $271,901 - $298,000

2 Beds
2 Baths
1,076 Sq Ft
$221/mo HOA Fee

Last Sold June 24, 2020

Last sale price $149,500 $139 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,834/month

65 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Recreation Facilities
  • Bailey Middle School Rated A-
  • Lawn
  • Walk-In Closet

About This Home

As of June 2020

Located in the heart of Cornelius, this 2nd floor condo with elevator is just waiting for someone to put their touch on it. This spacious 2-bedroom, 2-bath condo has a large master bedroom suite with a generous walk-in closet and attached bath featuring double vanities, walk-in shower and separate bathtub. The Terraces of Oakhurst community boasts a clubhouse, pool and walking trails and is conveniently located next to popular Lake Norman restaurants like 131 Main and Cowboy. If you’re looking for a potential investment property, this condo will make for a great long-term rental in a densely populated area in need of rental housing. This condo won’t be on the market long so make sure to see it today!

Last Agent to Sell the Property

David Etz

Carolina Real Estate Experts The Dan Jones Group License #303617 Listed on: 03/18/2020

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 1.11

HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Storage Room
  • In Ground Pool
  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00538537

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Mid-Rise Condominium

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90661
  • Ratio Close Price By Original Li: 0.90606
  • Ratio Current Price By Sq Ft: 138.94
  • Unit Floor Level: 2
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Cable Available, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1076
  • Total Sq Ft: 1076

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Elevator, Lawn Maintenance, Pool-In-Ground

Garage/Parking

  • Parking: Lot

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Elevator, Outdoor Pool, Recreation Area, Sidewalk, Street Lights
  • Association Fee: 187.00
  • Association Fee Frequency: Monthly
  • Complex Name: The Terraces at Oakhurst
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 203.28
  • Association #2 Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Parcel Number: 00538537
  • Zoning Specification: R300

Tax Info

  • Tax Value: 138700.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 24, 2020
Sold by
Roberts Herschel and Roberts Donna
Bought by
Avsian Osher and Avsian Hagit Gershtenman
Seller's Agent
David Etz
Carolina Real Estate Experts The Dan Jones Group
Buyer's Agent
Non Member
Canopy Administration
List Price
$164,900
Sold Price
$149,500
Premium/Discount to List
-$15,400
-9.34%
Current Estimated Value
$282,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,475
Avg. Annual Appreciation
12.67%
Original Mortgage
$112,125
Outstanding Balance
$78,644
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$204,331

Purchase Details

Closed on
May 11, 2006
Sold by
Oakhurst Condominium Llc
Bought by
Roberts Herschel and Roberts Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,487
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Avsian Osher $149,500 Chicago Title
Roberts Herschel $118,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avsian Osher $112,125
Previous Owner Roberts Herschel $94,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $149,500 -9.3% $139 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $164,900 0.0% $153 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $164,900 -0.1% $153 / Sq Ft
03/18/2020 03/18/20 For Sale $165,000 0.0% $153 / Sq Ft
03/19/2016 03/19/16 Rented $1,100 0.0% --
03/19/2016 03/19/16 Under Contract -- -- --
01/18/2016 01/18/16 For Rent $1,100 -- --
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 $1,543 $227,664 -- $227,664
2024 $1,543 $227,664 -- $227,664
2023 $1,516 $227,664 $0 $227,664
2022 $1,217 $138,700 $0 $138,700
2021 $1,203 $138,700 $0 $138,700
2020 $1,203 $138,700 $0 $138,700
2019 $1,197 $138,700 $0 $138,700
2018 $1,231 $111,600 $26,600 $85,000
2017 $1,219 $111,600 $26,600 $85,000
2016 $1,215 $111,600 $26,600 $85,000
2015 $1,195 $111,600 $26,600 $85,000
2014 $1,193 $111,600 $26,600 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3604240

Canopy MLS (Canopy Realtor® Association)

APN: 005-385-37