NOT LISTED FOR SALE

18724 Nautical Dr Unit 5 Cornelius, NC 28031

Estimated Value: $767,000 - $876,000

3 Beds
2.5 Baths
1,710 Sq Ft
$485/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2021

Last sale price $749,000 $438 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,224 / mo

Highlights

  • Beach Front
  • Assigned Boat Slip
  • Fitness Center
  • Bailey Middle School Rated A-
  • Pier or Dock
  • Open Floorplan

About This Home

As of September 2021

Waterfront End Unit 2 Story Townhome. One of the most awesome units ever to sell on Lake Norman. Reconstructed from Floor to Ceilings (Walls moved, Staircase replaced/re-aligned) w/ every aspect renovated & innovated; the Wow factor comes with every room & window. The new trex Deck is quite possibly the largest and closest to Lake Norman's shoreline in all Cornelius. 21 Windows, 2 Sliders, Transoms and soaring ceilings provides a unique Open feel not matched in any other floorplan. Master Bathroom renovation alone tops $35k w/ spa-like luxury. Classic 3/4" site finished Hardwoods, natural stone of Quartzite, Granite & Marble abound plus the WOW Factor views of the Lake & Marina upon entering. Tankless Water heater relocated to crawl so you can enjoy flat screen viewing outside from weather-tight storage . Situated just above the Lake Norman Shoreline; this Home brings new meaning to Waterfront Townhome. Kayaks under the deck 10 ft from the beach. All 6 tv's and new appliances remain.

Last Agent to Sell the Property

Debi Gallo

Southern Homes of the Carolinas, Inc Brokerage Email: debigallo@gmail.com License #187601 Listed on: 08/05/2021

Co-Listed By

Barry Fulton

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

Last Buyer's Agent

Debi Gallo

Southern Homes of the Carolinas, Inc Brokerage Email: debigallo@gmail.com License #187601 Listed on: 08/05/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • End Unit
  • Paved or Partially Paved Lot
  • Lawn

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Window Screens
  • Great Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Assigned Boat Slip
  • Pond
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-481-65

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Commodores Landing Condos
  • Built by Kennerly
  • Admirals Quarters Subdivision, End Unit Waterfront Floorplan
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

  • Pier or Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

13.27 Acres

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Transitional
  • Year Built: 1990
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Proposed Special Assessment Desc: Not Approved
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 438.01
  • Attribution Contact: debigallo@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Built-in Features, Cable Prewire, Open Floorplan, Split Bedroom, Walk-In Closet(s), Wet Bar, Whirlpool, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 852
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 285
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 314
  • Sq Ft Unheated Upper: 29
  • Sq Ft Upper: 858
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Trash Compactor, Washer
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 1710
  • 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, Great Room
  • Living Area: 1710
  • Window Features: Window Treatments
  • Bedroom Main: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip – Community, Boat Slip (Lease/License), Lake, Paddlesport Launch Site - Community, Pier - Community, Other - See Remarks
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Central, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Utilities: Cable Available, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage, Sauna, Sidewalks, Street Lights, Tennis Court(s), Other
  • Association Fee: 465
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Commodores Landing
  • Association Name: CSI
  • Phone: 704-892-1660
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: info@csiproperties.com

Schools

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

Lot Info

  • Lot Features: Beach Front, End Unit, Paved, Waterfront, Lake On Property
  • Parcel Number: 001-481-65
  • Zoning: NR
  • Plat Reference Section Pages: 568
  • Land Included Yn: 0
  • Development Status: Completed
  • Lot Size: 0
  • Zoning Specification: NR

Building Info

  • Builder Name: Kennerly

Rental Info

  • Pets Allowed: Conditional

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 13, 2021
Sold by
Willman Courtland Lynn and Steele Joseph Lawrence
Bought by
Holt Betty Jean and Holt James H
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$828,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,995
Avg. Annual Appreciation
2.26%
Original Mortgage
$548,250
Outstanding Balance
$498,867
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$330,128

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 28, 2020
Sold by
Gallo Debra L and Fulton Barry L
Bought by
Williman Courtland Lynn and Steele Joseph Lawrence
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Barry Fulton
Southern Homes of the Carolinas, Inc
List Price
$649,000
Sold Price
$637,000
Premium/Discount to List
-$12,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$488,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2014
Sold by
Fulton Barry L
Bought by
Fulton Barry L and Gallo Dbra L

Purchase Details

Closed on
Apr 3, 2009
Sold by
Dempsey C Scott
Bought by
Fulton Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2008
Sold by
Blake Jeff and Blake Roxanne
Bought by
Dempsey C Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
Neal Deanna L and Bell Ronald K
Bought by
Blake Jeff and Blake Roxanne

Purchase Details

Closed on
Jul 19, 2007
Sold by
Henderson William C and Henderson Elizabeth G
Bought by
Blake Jeff and Blake Roxanne

Purchase Details

Closed on
May 6, 2005
Sold by
Neal Deanna L
Bought by
Blake Jeff and Blake Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
Sold by
Henderson William C and Henderson Elizabeth G
Bought by
Neal Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holt Betty Jean $749,000 Atlantic Carolinas Title Llc
Williman Courtland Lynn $637,000 Southern Homes Title Inc
Fulton Barry L -- None Available
Fulton Barry L $403,000 Morehead Title
Dempsey C Scott $271,467 None Available
Blake Jeff -- None Available
Blake Jeff -- None Available
Blake Jeff $265,000 Capitol Closings & Title Age
Neal Deanna L $241,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Betty Jean $548,250
Previous Owner Williman Courtland Lynn $488,000
Previous Owner Fulton Barry L $197,000
Previous Owner Dempsey C Scott $250,000
Previous Owner Blake Jeff $238,500
Previous Owner Neal Deanna L $192,800
Closed Neal Deanna L $24,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold $749,000 0.0% $438 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $749,000 +17.6% $438 / Sq Ft
07/28/2020 07/28/20 Sold $637,000 -1.8% $373 / Sq Ft View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $649,000 -- $380 / Sq Ft
Source: Canopy MLS

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 $4,008 $603,173 -- $603,173
2024 $4,008 $603,173 -- $603,173
2023 $3,942 $603,173 $0 $603,173
2022 $3,127 $363,700 $0 $363,700
2021 $3,091 $363,700 $0 $363,700
2020 $3,116 $366,700 $0 $366,700
2019 $3,110 $366,700 $0 $366,700
2018 $2,816 $258,600 $98,000 $160,600
2017 $2,793 $258,600 $98,000 $160,600
2016 $2,789 $258,600 $98,000 $160,600
2015 $2,747 $258,600 $98,000 $160,600
2014 $2,745 $258,600 $98,000 $160,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debi Gallo

    Southern Homes of the Carolinas, Inc

    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Barry Fulton

    Southern Homes of the Carolinas, Inc

    Section Image
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Map

Source: Canopy MLS

MLS Number: 3767757

Canopy MLS

APN: 001-481-65

North Carolina Mecklenburg County Cornelius 28031

18724 Nautical Dr Unit 5, Cornelius, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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