NOT LISTED FOR SALE

18726 Nautical Dr Unit 101 Cornelius, NC 28031

Estimated Value: $610,000 - $679,000

3 Beds
2 Baths
1,439 Sq Ft
$410/ mo HOA Fee

Last Sold September 12, 2024

Last sale price $665,000 $462 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,357/month

66 Days on Market

Highlights

  • Access To Lake
  • Fitness Center
  • Clubhouse
  • Bailey Middle School Rated A-
  • Waterfront
  • Pond

About This Home

As of September 2024

Escape to your own private lakeside oasis, where every day feels like a vacation. This stunning retreat offers unparalleled tranquility and luxury living in a breathtaking natural setting. Step inside to discover a meticulously designed interior, where modern elegance meets rustic charm. Luxury vinyl plank floors flow seamlessly throughout the open-concept living space, creating a warm and inviting atmosphere that's perfect for both relaxing and entertaining. With brand new HVAC and water heater, the extended front patio is perfect for sipping your morning coffee. Oversized back porch overlooking the water with steps down for easy water access and storage underneath. Conveniently located near walking trails around the pond and local attractions, this home offers endless opportunities for outdoor recreation and exploration. Whether you're paddling on the lake or simply enjoying the peace and quiet of nature, this lakefront paradise has it all.

Last Agent to Sell the Property

Hillary Meachum

Keller Williams Ballantyne Area Brokerage Email: hillarymeachum@kw.com License #90924 Listed on: 06/07/2024

Keller Williams Ballantyne Area

Last Buyer's Agent

Judy Werder

Magnolia Real Estate License #278220

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Lot Details

  • Waterfront
  • Front Green Space
  • End Unit

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property
  • Bar Fridge
  • Insulated Windows
  • Insulated Doors
  • Family Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Pond
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 001-481-66

Community Details

Overview

  • Main Street Association
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Fitness Center
  • Water Sports

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

13.27 Acres

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1993
  • Special Assessment Yn: 1
  • Special Assessment Description: sellers will pay remaining balance at closing
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 462.13
  • Geocode Confidence: High
  • Attribution Contact: hillarymeachum@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1439
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Dishwasher, Disposal, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1439
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 1439
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Paddlesport Launch Site, Paddlesport Launch Site - Community
  • Exclusions: Upper and lower cabinets in primary bedroom and white shelves in primary closet
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Balcony, Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Hall, Inside, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake Access, Playground, Pond, Sidewalks, Sport Court
  • Association Fee: 409.94
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Main Street
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4919.28

Schools

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

Lot Info

  • Lot Features: End Unit, Green Area, Waterfront
  • Parcel Number: 001-481-66
  • Zoning: NR
  • Land Included Yn: 0
  • Zoning Specification: NR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Sep 12, 2024
Sold by
Panepinto Thomas and Panepinto Lisa
Bought by
S J Nance Inherited Trust and Taddei
Seller's Agent
Hillary Meachum
Keller Williams Ballantyne Area
Buyer's Agent
Judy Werder
Magnolia Real Estate
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Views
30
Current Estimated Value
$636,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,798
Avg. Annual Appreciation
-2.89%

Purchase Details

Closed on
Apr 18, 2022
Sold by
Panepinto and Lisa
Bought by
Panepinto Thomas and Panepinto Lisa

Purchase Details

Closed on
Apr 29, 2019
Sold by
Twogood Kisuk
Bought by
Panepinto Thomas and Panepinto Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,253
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Twogood Fred J
Bought by
Twogood Frederick J and Twogood Kisuk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Dempsey C Scott
Bought by
Twogood Fred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Godley James Bartlett
Bought by
Dempsey C Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
S J Nance Inherited Trust $665,000 Investors Title
Panepinto Thomas -- Knipp Law Office Pllc
Panepinto Thomas $283,500 Investors Title Ins Co
Twogood Frederick J -- None Available
Twogood Fred J $340,000 None Available
Dempsey C Scott $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panepinto Thomas $289,253
Previous Owner Twogood Fred J $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $665,000 -4.9% $462 / Sq Ft
06/07/2024 06/07/24 For Sale $699,000 -- $486 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $501,451 -- $501,451
2024 -- $501,451 -- $501,451
2023 $3,285 $501,451 $0 $501,451
2022 $2,977 $346,000 $0 $346,000
2021 $2,942 $346,000 $0 $346,000
2020 $2,942 $346,000 $0 $346,000
2019 $2,936 $346,000 $0 $346,000
2018 $2,732 $250,800 $98,000 $152,800
2017 $2,709 $250,800 $98,000 $152,800
2016 $2,706 $250,800 $98,000 $152,800
2015 $2,665 $250,800 $98,000 $152,800
2014 $2,663 $250,800 $98,000 $152,800
Source: Public Records

Agents Affiliated with this Home

  • Hillary Meachum

    Seller's Agent in 2024

    Hillary Meachum

    Keller Williams Ballantyne Area

    (704) 458-2586

    3 in this area

    35 Total Sales

    Hillary Meachum
    Section Image
  • Judy Werder

    Buyer's Agent in 2024

    Judy Werder

    Magnolia Real Estate

    (810) 434-1111

    2 in this area

    97 Total Sales

    Judy Werder
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4148848

Canopy MLS (Canopy Realtor® Association)

APN: 001-481-66

North Carolina Mecklenburg County Cornelius 28031

18726 Nautical Dr Unit 101, Cornelius, NC

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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