NOT LISTED FOR SALE

18715 Silver Quay Dr Unit 49 Cornelius, NC 28031

Estimated Value: $410,000 - $504,000

3 Beds
2.5 Baths
1,565 Sq Ft
$250/mo HOA Fee

Last Sold November 22, 2021

Last sale price $356,000 $227 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,720/month

18 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Traditional Architecture
  • Bailey Middle School Rated A-
  • Vaulted Ceiling
  • Engineered Wood Flooring

About This Home

As of November 2021

NO SHOWINGS UNTIL MONDAY Oct 4th. Well maintained 3 bdrm/2.5 bath/1 car garage townhome WITH DEEDED BOATSLIP! (only 10 slips in this neighborhood) You can relax from the covered front porch, glassed in sunroom or outdoor private patio. No carpet in this home, either wood floors or tile throughout. Very desirable waterfront neighborhood with pool overlooking Lake Norman, lake front picnic area, and tennis courts to enjoy. Or a short walk to your boat with this deeded boatslip. (slip is currently rented for $150/month, you can continue to rent it or he will move the boat). Cozy family room with a see-thru gas fireplace that also is in the dining area. This townhome is move in ready, HVAC and water heater replaced in 2016. . Measuring from tax records, will be done soon.

Last Agent to Sell the Property

Julie Baker

EXP Realty LLC Mooresville License #227710 Listed on: 10/01/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Joshua Brister

Better Homes and Gardens Real Estate Paracle License #122681

Better Homes and Gardens Real Estate Paracle

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • 1,742

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-483-37

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Picnic Area
  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00282
  • Ratio Close Price By Original Li: 0.96216
  • Ratio Current Price By Acre: 8900000.00
  • Ratio Current Price By Sq Ft: 227.48
  • Unit Floor Level: 1
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 697
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Oven, Electric Range, Ice Maker Connection, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: FAMILYRM, Natural Gas, See Thru
  • Flooring: Prefinished Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 868
  • Total Sq Ft: 1565
  • Sq Ft Unheated Main: 269
  • Sq Ft Unheated Total: 269

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Satellite Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car
  • Sq Ft Garage: 269

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Picnic Area, Tennis Court(s)
  • Association Fee: 250.02
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 24 x 80
  • Lot Size Area: 0.040
  • Parcel Number: 001-483-37
  • Plat Reference Section Pages: 57
  • Zoning Specification: NR

Tax Info

  • Tax Value: 163600.00
  • Tax Location: Cornelius

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 22, 2021
Sold by
Johnson M Scott M and Johnson Teresa
Bought by
Lahey Matthew Joseph
Seller's Agent
Julie Baker
EXP Realty LLC Mooresville
Buyer's Agent
Joshua Brister
Better Homes and Gardens Real Estate Paracle
List Price
$370,000
Sold Price
$356,000
Premium/Discount to List
-$14,000
-3.78%
Current Estimated Value
$434,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,965
Avg. Annual Appreciation
5.23%
Original Mortgage
$326,000
Outstanding Balance
$298,723
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$136,242

Purchase Details

Closed on
Aug 26, 2011
Sold by
Bailey Clenten E and Bailey Marilyn G
Bought by
Johnson Scott M and Johnson Teresa

Purchase Details

Closed on
Nov 7, 2003
Sold by
Jacobson Michael A and Jacobson Deborah L
Bought by
Bailey Clenten E and Bailey Marilyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Coulson Steve Richard and Coulson Teresa Diane
Bought by
Qutub Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,890
Interest Rate
7.11%
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
Lahey Matthew Joseph $356,000 Title Company Of Nc
Johnson Scott M $213,000 None Available
Bailey Clenten E $165,000 --
Qutub Robert $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahey Matthew Joseph $326,000
Previous Owner Bailey Clenten E $50,000
Previous Owner Qutub Robert $140,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $356,000 +0.3% $227 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $355,000 -4.1% $227 / Sq Ft
10/01/2021 10/01/21 For Sale $370,000 -- $236 / 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 $2,272 $338,700 $80,000 $258,700
2024 $2,272 $338,700 $80,000 $258,700
2023 $2,233 $338,700 $80,000 $258,700
2022 $2,225 $257,400 $93,800 $163,600
2021 $2,199 $257,400 $93,800 $163,600
2020 $2,199 $257,400 $93,800 $163,600
2019 $2,193 $257,400 $93,800 $163,600
2018 $2,025 $185,300 $54,000 $131,300
2017 $2,008 $185,300 $54,000 $131,300
2016 $2,005 $185,300 $54,000 $131,300
2015 $1,973 $185,300 $54,000 $131,300
2014 $1,971 $185,300 $54,000 $131,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3792153

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-37