NOT LISTED FOR SALE

18742 Nautical Dr Unit 105 Cornelius, NC 28031

Estimated Value: $344,650 - $394,000

2 Beds
2 Baths
1,105 Sq Ft
13.27 Acres

Last Sold May 14, 2018

Last sale price $185,000 $167 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,092/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Pond
  • Bailey Middle School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of November 2022

Back on the market. 2 bedroom, 2 bath ground floor condo. Wonderful view of the pond and fountain. Covered patio. Open floor plan. Tile shower in master bath. Fireplace in living room. Pets no larger than 30 lbs. Water and basic cable included.

Last Agent to Rent the Property

Tera Walton

Ivy Property Group LLC License #255738 Listed on: 10/03/2022

Last Renter's Agent

Tera Walton

Ivy Property Group LLC License #255738 Listed on: 10/03/2022

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 13.27

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,105 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,450
  • Property Available on 10/5/22
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 001-487-35

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Admirals Quarters Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Deposit Security: 1450
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2022-10-05

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 2007
  • Ratio Current Price By Acre: 105.50
  • Unit Floor Level: 1
  • Structure Type: Condominium
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Open Floorplan, Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1105
  • 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,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1105
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1105
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Pond, Tennis Court(s)

Schools

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

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Area: 13.27
  • Lot Size Units: Acres
  • Parcel Number: 001-487-35
  • Zoning Description: NR
  • ResoLotSizeUnits: Acres

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
Mar 13, 2018
Closed on
May 14, 2018
Sold by
Nye Mark W and Nye Faith Y
Bought by
Schmidt Michael and Schmidt Doreen
Seller's Agent
Debbie Ward
Southern Homes of the Carolinas, Inc
Buyer's Agent
Juliet Bowden
TSG Residential
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%
Current Estimated Value
$370,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,663
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Vassallo Paul M and Vassallo Amy M
Bought by
Nye Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2007
Sold by
Cypress Point Partners Llc
Bought by
Vassallo Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,755
Interest Rate
6.36%
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
Schmidt Michael $185,000 None Available
Equity Loand Llc -- None Available
Nye Mark W $135,000 None Available
Vassallo Paul M $144,984 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nye Mark W $101,250
Previous Owner Vassallo Paul M $135,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Rented $1,400 0.0% --
10/03/2022 10/03/22 For Rent $1,400 +12.0% --
08/01/2020 08/01/20 Rented $1,250 0.0% --
07/01/2020 07/01/20 For Rent $1,250 0.0% --
07/01/2019 07/01/19 Rented $1,250 0.0% --
06/08/2019 06/08/19 Price Changed $1,250 -7.4% $1 / Sq Ft
04/30/2019 04/30/19 For Rent $1,350 0.0% --
05/14/2018 05/14/18 Sold $185,000 -9.8% $184 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $205,000 0.0% $204 / Sq Ft
02/26/2013 02/26/13 Rented $1,000 0.0% --
01/27/2013 01/27/13 Under Contract -- -- --
12/20/2012 12/20/12 For Rent $1,000 -- --
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 -- $316,821 -- $316,821
2024 -- $316,821 -- $316,821
2023 $1,589 $316,821 $0 $316,821
2022 $1,589 $189,400 $0 $189,400
2021 $1,589 $189,400 $0 $189,400
2020 $1,589 $189,400 $0 $189,400
2019 $1,622 $189,400 $0 $189,400
2018 $1,689 $154,100 $50,000 $104,100
2017 $1,674 $154,100 $50,000 $104,100
2016 $1,670 $154,100 $50,000 $104,100
2015 $1,644 $154,100 $50,000 $104,100
2014 $1,642 $154,100 $50,000 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3911324

Canopy MLS (Canopy Realtor® Association)

APN: 001-487-35