NOT LISTED FOR SALE

18741 Nautical Dr Unit 202 Cornelius, NC 28031

Estimated Value: $365,587 - $411,000

2 Beds
2 Baths
1,056 Sq Ft
$272/mo HOA Fee

Last Sold February 10, 2022

Last sale price $325,000 $308 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,467/month

1 Day on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Transitional Architecture
  • Bailey Middle School Rated A-
  • Deck
  • Community Pool

About This Home

As of February 2022

This gorgeous, newly renovated 2 Bedroom/ 2 bathroom condo is located in the heart of Lake Norman. Convenient to all that Cornelius has to offer - minutes from I-77, Birkdale, and local shopping centers. Not to mention, only 25 minutes away from the Queen City. Admirals Quarters has awesome amenities which include a Waterfront beach, tennis court, and community pool. As you step inside this open floor plan, you will be greeted with beautiful laminate floors throughout, granite countertops, subway backsplash, white soft closing cabinets/drawers, stainless steel appliances, and a brand new HVAC and water heater. Enjoy low-maintenance lake living at its finest!

Last Agent to Sell the Property

Sarah Claytor

Brookside Exclusive Properties License #292871 Listed on: 01/09/2022

Co-Listed By

Kaitlyn Howen

Brookside Exclusive Properties License #329970

Last Buyer's Agent

Cassidy Davis

Ally Plus Realty LLC License #311472

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1987

Lot Details

  • 6.87

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,056 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-482-62

Community Details

Overview

  • Csi Association
  • Admirals Quarters Condos
  • Admirals Quarters Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,235

Year Built

Built in 1987

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1987
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 2
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Cable Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1056
  • 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: Covered,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1056
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Boat Slip – Community, Boat Slip – Community
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2

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: Lake, Outdoor Pool, Playground, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 272
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Admirals Quarters
  • Association Name: CSI
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: info@csicommunities.com

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-482-62
  • Land Included Yn: 0
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 1.78902

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
Jan 9, 2022
Closed on
Feb 10, 2022
Sold by
Roberts Jon W
Bought by
Davis Christopher John
Seller's Agent
Sarah Claytor
Brookside Exclusive Properties
Buyer's Agent
Cassidy Davis
Ally Plus Realty LLC
List Price
$312,900
Sold Price
$325,000
Premium/Discount to List
$12,100
3.87%
Current Estimated Value
$381,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,897
Avg. Annual Appreciation
4.43%
Original Mortgage
$275,000
Outstanding Balance
$255,389
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$126,508

Purchase Details

Closed on
Jun 28, 2006
Sold by
Crupi Peter and Crupi Theresa
Bought by
Roberts Jon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,823
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2000
Sold by
Ann Ostrander Darlene
Bought by
Crupi Peter and Crupi Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1998
Sold by
Knight George E and Knight Mary E
Bought by
Ostrander Darlene Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,950
Interest Rate
6.96%
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
Davis Christopher John $325,000 Jones Childers Donaldson & Web
Roberts Jon W $108,500 None Available
Crupi Peter $100,000 --
Ostrander Darlene Ann $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Christopher John $275,000
Previous Owner Roberts Jon W $106,823
Previous Owner Crupi Peter $80,000
Previous Owner Ostrander Darlene Ann $95,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $325,000 +3.9% $308 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $312,900 -- $296 / 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 $2,235 $333,112 -- $333,112
2024 $2,235 $333,112 -- $333,112
2023 $2,197 $333,112 $0 $333,112
2022 $1,821 $209,900 $0 $209,900
2021 $1,507 $174,900 $0 $174,900
2020 $214 $179,200 $0 $179,200
2019 $1,537 $179,200 $0 $179,200
2018 $1,357 $123,300 $40,000 $83,300
2017 $1,344 $123,300 $40,000 $83,300
2016 $1,341 $123,300 $40,000 $83,300
2015 $1,319 $123,300 $40,000 $83,300
2014 $1,317 $123,300 $40,000 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3817124

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-62