NOT LISTED FOR SALE

18741 Vineyard Point Ln Unit 29 Cornelius, NC 28031

Estimated Value: $388,844 - $423,000

2 Beds
2 Baths
874 Sq Ft
1990 Built

Last Sold May 18, 2018

Last sale price $199,000 $228 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,433/month

81 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Engineered Wood Flooring
  • Bailey Middle School Rated A-
  • Community Lake
  • Modern Architecture

About This Home

As of May 2018

Lake living at its finest! Open and updated condo with a wonderful view of the waterfront, the lake and pool. Great balcony to watch the beautiful sunsets. Granite countertops in the kitchen with an extended bar area. Wood flooring and the lighting have been updated. Laminate wood floors decorate the main living area. Ikea cabinetry in kitchen brings in a modern feel. Two bedrooms each with their own bath would be ideal for roommates. Laundry room has washer and dryer included. This will be a wonderful second home on the lake or lake retreat/investment, or a great starter condo in a superb location.

Last Agent to Sell the Property

Michael Gold

Coldwell Banker Realty License #196865 Listed on: 01/21/2018

Coldwell Banker Realty

Last Buyer's Agent

Molly Laporta

Southern Homes of the Carolinas, Inc License #276984

Southern Homes of the Carolinas, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • Waterfront

Home Design

  • Modern Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001-463-29

Community Details

Overview

  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Modern
  • Proposed Special Assessment Desc: $3868
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 0.95215
  • Ratio Close Price By Original Li: 0.95215
  • Ratio Current Price By Sq Ft: 227.69
  • Unit Floor Level: 2
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Upper
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 45
  • Main Level Sq Ft: 874
  • Total Sq Ft: 874
  • Sq Ft Unheated Main: 135
  • Sq Ft Unheated Total: 135

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool
  • Complex Name: Vineyard point

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront, Water view
  • Parcel Number: 001-463-29
  • Zoning Specification: NR

Tax Info

  • Tax Value: 182600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2018
Closed on
May 18, 2018
Sold by
Rummage Lisa R
Bought by
Roe Karl H
Seller's Agent
Michael Gold
Coldwell Banker Realty
Buyer's Agent
Molly Laporta
Southern Homes of the Carolinas, Inc
List Price
$209,000
Sold Price
$199,000
Premium/Discount to List
-$10,000
-4.78%
Total Days on Market
81
Current Estimated Value
$408,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,211
Avg. Annual Appreciation
10.71%
Original Mortgage
$159,200
Outstanding Balance
$99,441
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$308,770

Purchase Details

Closed on
Jun 2, 2016
Sold by
Gray Margaret and Gray David
Bought by
Rummage Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Jcrs Properties Llc
Bought by
Gray David and Gray Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Graden Todd C and Graden Angela L
Bought by
Jcrs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Roe Karl H $199,000 None Available
Rummage Lisa R $178,000 None Available
Gray David $116,500 --
Jcrs Properties Llc $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roe Karl H $159,200
Previous Owner Rummage Lisa R $133,200
Previous Owner Gray David M $149,000
Previous Owner Gray Margaret $125,000
Previous Owner Gray David $104,850
Previous Owner Jcrs Properties Llc $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $199,000 -4.8% $228 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $209,000 -- $239 / 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
2023 $1,695 $386,813 $0 $386,813
2022 $1,695 $202,000 $0 $202,000
2021 $1,695 $202,000 $0 $202,000
2020 $1,734 $202,000 $0 $202,000
2019 $1,728 $202,000 $0 $202,000
2018 $1,996 $182,600 $75,000 $107,600
2017 $1,979 $182,600 $75,000 $107,600
2016 $1,976 $182,600 $75,000 $107,600
2015 $1,945 $182,600 $75,000 $107,600
2014 $1,943 $204,400 $80,000 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3353219

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-29