NOT LISTED FOR SALE

18735 Ramsey Cove Dr Unit 74 Cornelius, NC 28031

Estimated Value: $437,000 - $570,000

3 Beds
2.5 Baths
1,826 Sq Ft
$257/mo HOA Fee

Last Sold November 02, 2021

Last sale price $395,000 $216 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,052/month

4 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • End Unit
  • Bailey Middle School Rated A-
  • Engineered Wood Flooring
  • Community Pool

About This Home

As of November 2021

Walk to the lake from this recently renovated Harborside townhome! This end unit provides tons of natural light through the new Renewal by Anderson windows into the open living and kitchen floorplan. Kitchen includes custom cabinetry, granite countertops, stainless steel appliances, and new sliding glass doors out to the backyard. The backyard features composite decking, garden, water feature, ivy wall, and the fencing was replaced over the summer. Owners suite located on the first floor. Walk in closet with custom shelving. Large walk in shower with marble flooring and porcelain walls features spa fixture and custom bench. LED mirrors and new cabinets. First floor includes small gym with new flooring. Upstairs hosts a large living area to include custom window seats that open up for storage. Brand new Jack and Jill bathroom with floor to ceiling porcelain, led lighting, and new cabinetry. Steps from lakeside dining, tennis, and community pool.

Last Agent to Sell the Property

Patricia Mukhtar

Lake Norman Agents LLC License #229935 Listed on: 10/06/2021

Last Buyer's Agent

Katherine Hansen

Hansen Property Management Inc. License #213349

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • End Unit

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Insulated Windows
  • Engineered Wood Flooring

Home Security

Listing and Financial Details

  • Assessor Parcel Number 001-485-57

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 535-4902
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$257 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.05333
  • Ratio Close Price By Original Li: 1.05333
  • Ratio Current Price By Sq Ft: 216.32
  • Unit Floor Level: 1
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 743
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Screen Door(s), Storm Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood
  • H O A Management Phone: 7045354902
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1083
  • Total Sq Ft: 1826

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car

Utilities

  • Heating: 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)
  • Association Fee: 257.00
  • Association Fee Frequency: Monthly
  • Complex Name: Harborside
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: End Unit, Lake Access
  • Parcel Number: 001-485-57
  • Zoning Specification: NR

Tax Info

  • Tax Value: 226900.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 2, 2021
Sold by
Schoen Allison Elizabeth and Schoen Rene
Bought by
Franco Larissa
Seller's Agent
Patricia Mukhtar
Lake Norman Agents LLC
Buyer's Agent
Katherine Hansen
Hansen Property Management Inc.
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Current Estimated Value
$488,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,625
Avg. Annual Appreciation
5.48%
Original Mortgage
$316,000
Outstanding Balance
$288,787
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,838

Purchase Details

Closed on
Sep 1, 2019
Sold by
Schoen Allison Elizabeth and Schoen Rene
Bought by
Schoen Allison Elizabeth and Schoen Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2012
Sold by
Wick Allison Elizabeth
Bought by
White Robert Donald and White Allison Elizabeth

Purchase Details

Closed on
Sep 2, 2004
Sold by
Williams Lawrence G and Williams Mary M
Bought by
Wick Allison Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,674
Interest Rate
6.01%
Mortgage Type
VA

Purchase Details

Closed on
Dec 22, 1998
Sold by
Harborside At Ramsey Cove Llc
Bought by
Williams Lawrence G and Williams Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
6.94%
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
Franco Larissa $395,000 Attorneys Title
Schoen Allison Elizabeth -- None Available
White Robert Donald $167,000 None Available
Wick Allison Elizabeth $167,000 --
Williams Lawrence G $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Larissa $316,000
Previous Owner Schoen Allison Elizabeth $208,000
Previous Owner Wick Allison Elizabeth $170,674
Previous Owner Williams Lawrence G $130,300
Closed Williams Lawrence G $16,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $395,000 +5.3% $216 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $375,000 -- $205 / 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 $2,849 $426,625 -- $426,625
2024 $2,849 $426,625 -- $426,625
2023 $2,801 $426,625 $0 $426,625
2022 $1,966 $226,900 $0 $226,900
2021 $1,943 $226,900 $0 $226,900
2020 $1,943 $226,900 $0 $226,900
2019 $1,937 $226,900 $0 $226,900
2018 $1,886 $172,400 $55,000 $117,400
2017 $1,870 $172,400 $55,000 $117,400
2016 $1,866 $172,400 $55,000 $117,400
2015 $1,837 $172,400 $55,000 $117,400
2014 $1,835 $187,000 $70,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3793664

Canopy MLS (Canopy Realtor® Association)

APN: 001-485-57