NOT LISTED FOR SALE

18741 Nautical Dr Unit 106 Cornelius, NC 28031

Estimated Value: $363,176 - $399,000

2 Beds
2 Baths
1,058 Sq Ft
6.87 Acres

Last Sold December 08, 2022

Last sale price $338,500 $320 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,191/month

34 Days on Market

Highlights

  • Assigned Boat Slip
  • Fitness Center
  • Community Lake
  • Bailey Middle School Rated A-
  • RV or Boat Storage in Community
  • Clubhouse

About This Home

As of December 2022

Beautiful end unit condo steps away from Lake Norman. No stone left unturned in this gorgeous like brand new condo. First floor unit with two bedooms, two full bathrooms, 1,058 square feet, two covered porches with three sliding glass doors, and an open floor plan. New flooring, custom closets, granite countertops and tile backsplash in the kitchen, marble countertops in the bathrooms, walk in shower in the primary BR, new toilets, bead board ceilings, lighting, shiplap on the fireplace, stainless steel appliances, and more. New HVAC, hot water heater, windows,sliding glass doors in 2021.Convenient location to everything in Cornelius, and right around the corner from Birkdale Village, parks, restaurants, shops, and biking/walking/running trails. A short walk to the beach area, tennis, pool, clubhouse, fitness room, kayak, and paddle board launch spot (huge no wake zone), pond with two fountains, and gazebo. A detailed list of updates is in the attachments.

Last Agent to Sell the Property

Anne Monsted

COMPASS License #100334 Listed on: 11/04/2022

COMPASS

Last Buyer's Agent

Sherri D'Alessandro

Ivester Jackson Christie's License #130238

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 6.87

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,058 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Assigned Boat Slip
  • Pond
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-482-60

Community Details

Overview

  • Admirals Quarters Condos
  • Admirals Quarters Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1987
  • Special Assessment Yn: 1
  • Unit Floor Level: 3
  • Special Assessment Description: 2900
  • Road Surface Type: None
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 319.94
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 204
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1058
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1058
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Boat Slip (Lease/License)
  • Construction Type: Hardboard Siding

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Admirals Quarters

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-482-60
  • Land Included Yn: 1
  • Lot Size: 0
  • Zoning Description: NR
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.89106

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 8, 2022
Sold by
Sayers Nettie Regina and Ancil Boyce
Bought by
Miller Cole Susan and Porter Cole Gene
Seller's Agent
Anne Monsted
COMPASS
Buyer's Agent
Sherri D'Alessandro
Ivester Jackson Christie's
List Price
$338,500
Sold Price
$338,500
Views
12
Current Estimated Value
$381,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,294
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 22, 2021
Sold by
Kenney Michael John and Bost Donna J
Bought by
Sayers Nettie Regina and Sayers Ancil Boyce
Seller's Agent
John Buchanan
Howard Hanna Allen Tate Charlotte South
Buyer's Agent
Anne Monsted
COMPASS
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.49%
Original Mortgage
$180,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2018
Sold by
Cogswell Cogswel Naida E and Cogswell Pixley Cathie
Bought by
Kenney Michael John

Purchase Details

Closed on
Aug 20, 2002
Sold by
Cogswell Naida E
Bought by
Cogswell Naida E and Pixley Cathie Cogswell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Knight George E and Knight Mary E
Bought by
Cogswell Naida E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Francis Charles E
Bought by
Knight George E and Knight Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.87%
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
Miller Cole Susan $338,500 Tryon Title
Sayers Nettie Regina $240,000 None Available
Kenney Michael John $143,000 None Available
Cogswell Naida E -- --
Cogswell Naida E $102,000 --
Knight George E $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sayers Nettie Regina $180,000
Previous Owner Cogswell Naida E $81,600
Previous Owner Knight George E $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2022 12/08/22 Sold $338,500 0.0% $320 / Sq Ft
11/04/2022 11/04/22 For Sale $338,500 +41.0% $320 / Sq Ft
04/22/2021 04/22/21 Sold $240,000 +2.1% $234 / Sq Ft View Prior Sale
03/28/2021 03/28/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $235,000 0.0% $229 / Sq Ft
09/22/2014 09/22/14 Rented $950 0.0% --
09/19/2014 09/19/14 Under Contract -- -- --
08/11/2014 08/11/14 For Rent $950 +8.6% --
03/26/2013 03/26/13 Rented $875 -5.4% --
02/24/2013 02/24/13 Under Contract -- -- --
11/19/2012 11/19/12 For Rent $925 -- --
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 -- $330,453 -- $330,453
2024 -- $330,453 -- $330,453
2023 $2,180 $330,453 $0 $330,453
2022 $2,049 $214,800 $0 $214,800
2021 $1,541 $179,000 $0 $179,000
2020 $1,539 $183,400 $0 $183,400
2019 $1,572 $183,400 $0 $183,400
2018 $1,381 $125,500 $40,000 $85,500
2017 $1,368 $125,500 $40,000 $85,500
2016 $1,364 $125,500 $40,000 $85,500
2015 $1,342 $125,500 $40,000 $85,500
2014 $1,340 $125,500 $40,000 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3918853

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-60