NOT LISTED FOR SALE

18718 Ramsey Cove Dr Unit 28 Cornelius, NC 28031

Estimated Value: $415,000 - $461,000

3 Beds
2.5 Baths
1,377 Sq Ft
$242/mo HOA Fee

Last Sold March 02, 2020

Last sale price $250,000 $182 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,709/month

57 Days on Market

Highlights

  • Community Lake
  • Charleston Architecture
  • Corner Lot
  • Bailey Middle School Rated A-
  • End Unit
  • Community Pool

About This Home

As of March 2020

Hard to find, End unit, all brick townhome in Water Access Community! Quick walk to the Community day dock to launch paddle board or kayak or just to take a dip in the lake. Home has just been updated with new floors on 1st floor, new carpet up, and luxury vinyl plank in master bathroom. Kitchen has granite, stainless appliances and breakfast bar. Private backyard is larger than most in community. The patio and brick pavers create plenty of outdoor living space plus landscaping with 2 beautiful Crepe Myrtles. OR you can always enjoy relaxing on the front porch. Exterior trim work was painted in Summer of 2019. Sellers including Refrigerator, washer and dryer, A/C is approx. 2 years old. Community pool and tennis courts. Walk the boardwalk to Port City Club for lakefront dining. Convenient location, close to shopping and dining, Birkdale Village, with quick access to I-77 and the airport.

Last Agent to Sell the Property

Jane Roddy

Howard Hanna Allen Tate Lake Norman License #260540 Listed on: 11/26/2019

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Kayla Rikard

COMPASS License #116129

COMPASS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • End Unit

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Charleston Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 001-485-08

Community Details

Overview

  • Cedar Management Group Association, Phone Number (877) 252-3327
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Charleston
  • Ratio Close Price By List Price: 0.98039
  • Ratio Close Price By Original Li: 0.97087
  • Ratio Current Price By Sq Ft: 181.55
  • Special Assessment Description: One time to replenish reserves
  • Special Assessment Yn: Yes
  • Unit Floor Level: 1
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 746
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 877-252-3327
  • Interior Amenities: Attic Other, Breakfast Bar, Garden Tub, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 631
  • Total Sq Ft: 1377

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

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, Tennis Court(s), Sidewalk
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Complex Name: Harborside
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, End Unit
  • Parcel Number: 001-485-08
  • Zoning Specification: NR

Tax Info

  • Tax Value: 220500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Feb 21, 2020
Sold by
Bennett Donna and Bennett Kyle R
Bought by
Clark Christina H
Seller's Agent
Jane Roddy
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Kayla Rikard
COMPASS
List Price
$257,500
Sold Price
$250,000
Premium/Discount to List
-$7,500
-2.91%
Current Estimated Value
$430,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,999
Avg. Annual Appreciation
10.10%
Original Mortgage
$245,471
Outstanding Balance
$217,347
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$213,652

Purchase Details

Closed on
Jan 13, 2016
Sold by
Mulica Robert W and Tannehill Susan Ellen
Bought by
Bennett Donna and Bennett Kyle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Wooten John W
Bought by
Mulica Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,100
Interest Rate
5.17%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 13, 2001
Sold by
Stamey Robin M and Glasscox Ronald Mack
Bought by
Wooten John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1998
Sold by
Harborside At Ramsey Cove Llc
Bought by
Stamey Robin M and Glasscox Ronald Mack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Clark Christina H $250,000 None Available
Bennett Donna $199,500 Barristers Title Svcs Of The
Mulica Robert W $154,000 --
Wooten John W $165,000 --
Stamey Robin M $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Christina H $245,471
Previous Owner Bennett Donna $135,000
Previous Owner Mulica Robert W $123,100
Previous Owner Wooten John W $132,000
Previous Owner Stamey Robin M $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $250,000 -2.0% $182 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $255,000 -1.0% $185 / Sq Ft
11/26/2019 11/26/19 For Sale $257,500 0.0% $187 / Sq Ft
08/11/2014 08/11/14 Rented $1,500 0.0% --
08/08/2014 08/08/14 Under Contract -- -- --
08/05/2014 08/05/14 For Rent $1,500 +15.4% --
07/25/2013 07/25/13 Rented $1,300 0.0% --
07/25/2013 07/25/13 For Rent $1,300 +8.3% --
02/09/2012 02/09/12 Rented $1,200 -11.1% --
02/09/2012 02/09/12 For Rent $1,350 -- --
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 $2,533 $378,534 -- $378,534
2024 $2,533 $378,534 -- $378,534
2023 $2,533 $378,534 $0 $378,534
2022 $1,911 $220,500 $0 $220,500
2021 $1,889 $220,500 $0 $220,500
2020 $1,889 $220,500 $0 $220,500
2019 $1,883 $220,500 $0 $220,500
2018 $1,899 $173,600 $60,000 $113,600
2017 $1,883 $173,600 $60,000 $113,600
2016 $1,879 $173,600 $60,000 $113,600
2015 $1,850 $173,600 $60,000 $113,600
2014 $1,848 $173,600 $60,000 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3571488

Canopy MLS (Canopy Realtor® Association)

APN: 001-485-08