$314,000
SOLD APR 24, 2025

18736 Nautical Dr Unit 201 Cornelius, NC 28031

2 Beds
2 Baths
953 Sq Ft
$295/mo HOA Fee

Recently Sold

$329 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

  • Waterfront
  • Laundry Room
  • 1-Story Property
  • J.V. Washam Elementary School Rated 9+
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Incredible view of waterfront pond with 2 fountains, leads to waterfront on Lake Norman by the gazebo. 2 bedroom / 2 full bathrooms with open floor plan. End unit with a wall of windows allowing tons of natural Carolina sunshine through! Primary bedroom on the water. Fabulous view from the deck. Brand new 'Charleston Oak' Luxury Vinyl Plank flooring and fresh neutral paint throughout makes this condo move in ready! Community features private beach, pool, tennis, boat slips for lease or sale, garages for lease or sale, kayak entry, club house, gym with sauna, waterfront gazebo, water, sewer, trash. RV or dry boat storage. Your condo unit is 2 buildings away from beautiful Lake Norman. Miles of sidewalks and trails. Walk to The LakeHouse Wine Bar & Grill and within a few miles from Birkdale Village! Incredible location!

Last Agent to Sell the Property

Jeff Lynch

RE/MAX Executive Brokerage Email: jefflynch@remax.net License #238215 Listed on: 02/12/2025

RE/MAX Executive

Last Buyer's Agent

Zil McCurty

Realty ONE Group Select License #297955

Realty ONE Group Select

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • Waterfront

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Meeting Street Association
  • Cypress Point Condos
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-487-19

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 329.49
  • Geocode Confidence: High
  • Attribution Contact: jefflynch@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 953
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 953
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 953
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: None
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cypress Point
  • Senior Community: No
  • Association Name: Meeting Street
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3540.00

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Parcel Number: 001-487-19
  • Land Included Yn: 0
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Apr 22, 2025
Sold by
Pensco Trust Company Llc and Luxenberg Linda
Bought by
Rice Carter
Seller's Agent
Jeff Lynch
RE/MAX Executive
Buyer's Agent
Zil McCurty
Realty ONE Group Select
List Price
$329,000
Sold Price
$314,000
Premium/Discount to List
-$15,000
-4.56%
Views
32
Current Estimated Value
$316,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,914
Avg. Annual Appreciation
2.28%
Original Mortgage
$251,200
Outstanding Balance
$250,310
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$66,604

Purchase Details

Listed on
May 5, 2018
Closed on
Sep 6, 2018
Sold by
Elliott Stephen S
Bought by
Pensco Trust Company Llc
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jeff Lynch
RE/MAX Executive
List Price
$205,000
Sold Price
$188,000
Premium/Discount to List
-$17,000
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Jul 25, 2008
Sold by
Harlow Frank D and Harlow Holly L
Bought by
Elliott Stephen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2008
Sold by
Cypress Point Partners Llc
Bought by
Harlow Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,542
Interest Rate
6.05%
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 Type Sale Price Title Company
Warranty Deed $314,000 None Listed On Document
Warranty Deed $314,000 None Listed On Document
Warranty Deed $188,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $128,709 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,200 New Conventional
Closed $251,200 New Conventional
Previous Owner $184,856 FHA
Previous Owner $182,141 FHA
Previous Owner $122,542 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $314,000 -4.6% $329 / Sq Ft
02/12/2025 02/12/25 For Sale $329,000 +75.0% $345 / Sq Ft
09/06/2018 09/06/18 Sold $188,000 -6.0% $191 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $200,000 -1.7% $203 / Sq Ft
07/05/2018 07/05/18 Price Changed $203,500 -0.7% $207 / Sq Ft
05/05/2018 05/05/18 For Sale $205,000 -- $208 / 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 -- $320,862 -- $320,862
2024 -- $320,862 -- $320,862
2023 $1,511 $320,862 $0 $320,862
2022 $1,511 $173,300 $0 $173,300
2021 $1,454 $173,300 $0 $173,300
2020 $1,454 $173,300 $0 $173,300
2019 $1,487 $173,300 $0 $173,300
2018 $1,584 $144,400 $50,000 $94,400
2017 $1,570 $144,400 $50,000 $94,400
2016 $1,567 $144,400 $50,000 $94,400
2015 $1,541 $144,400 $50,000 $94,400
2014 $1,539 $144,400 $50,000 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4216396

Canopy MLS (Canopy Realtor® Association)

APN: 001-487-19