NOT LISTED FOR SALE

18742 Nautical Dr Unit 204 Cornelius, NC 28031

Estimated Value: $312,443 - $372,000

2 Beds
2 Baths
932 Sq Ft
2007 Built

Last Sold July 30, 2018

Last sale price $205,000 $220 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,921/month

Highlights

  • Open Floorplan
  • Bailey Middle School Rated A-
  • Lawn

About This Home

As of August 2018

Beautiful 2 bedroom 2 bath condo in Lake Norman community with water views and boat access!! Walking distance to Birkdale, Restaurants, Parks and so much the Lake Norman area has to offer. Second floor unit with ELEVATOR in building for easy access. Great open floor plan ideal for entertaining. Large Master suite with dual vanities and oversized walk in tile shower. Condo is freshly painted throughout with updated light fixtures and upgraded engineered hardwood floors. New HVAC unit under warranty. Washer, dryer and fridge included. Awesome views from the balcony. A Perfect place to relax. Amenity rich community featuring private beach, pool, tennis, boat slips, garages, clubhouse, gym with sauna, water, cable, trash. HOA strictly prohibits dogs over 35LBS.

Last Agent to Rent the Property

Meredyth Holdenrid

Southern Homes of the Carolinas, Inc License #212766 Listed on: 07/31/2018

Last Renter's Agent

Non Member

Canopy Administration

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • Lawn

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan

Community Details

  • Pet Deposit $350

Listing and Financial Details

  • Security Deposit $1,300
  • Tenant pays for all except water
  • Available 8/1/18
  • Assessor Parcel Number 001-487-40

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Lease Term: 1 Year, 2 Year, 3 Year
  • Available Date: 08/01/2018
  • Pet Deposit: 350
  • Deposit Security: 1300
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: Condominium
  • Ratio Close Price By List Price: 1.23077
  • Ratio Close Price By Original Li: 1.23077
  • Ratio Current Price By Sq Ft: 1.72
  • Unit Floor Level: 2
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Exhaust Fan, Refrigerator, Washer/Dryer Included
  • Interior Amenities: Elevator, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Total Sq Ft: 932

Exterior Features

  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air

Condo/Co-op/Association

  • Complex Name: Cypress Point

Schools

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

Lot Info

  • Parcel Number: 001-487-40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Jul 25, 2018
Sold by
Phillips Scott and Phillips Tonya
Bought by
Lavery Sean E
Seller's Agent
Meredyth Holdenrid
Southern Homes of the Carolinas, Inc
Buyer's Agent
Non Member
Canopy Administration
Sold Price
$1,600
Current Estimated Value
$343,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,011
Avg. Annual Appreciation
7.39%
Original Mortgage
$153,000
Outstanding Balance
$132,891
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$210,720

Purchase Details

Closed on
Nov 14, 2007
Sold by
Cypress Point Partners Llc
Bought by
Phillips Scott and Phillips Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,705
Interest Rate
5.37%
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
Lavery Sean E $205,000 None Available
Phillips Scott $184,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavery Sean E $153,000
Previous Owner Phillips Scott $174,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2019 04/02/19 For Rent $1,300 -18.8% --
08/21/2018 08/21/18 Rented $1,600 +23.1% --
07/31/2018 07/31/18 For Rent $1,300 0.0% --
07/30/2018 07/30/18 Sold $205,000 0.0% $220 / Sq Ft View Prior Sale
06/11/2018 06/11/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $205,000 0.0% $220 / Sq Ft
04/29/2018 04/29/18 Rented $1,300 -- --
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 -- $306,333 -- $306,333
2024 -- $306,333 -- $306,333
2023 $1,432 $306,333 $0 $306,333
2022 $1,432 $164,000 $0 $164,000
2021 $1,415 $164,000 $0 $164,000
2020 $1,415 $164,000 $0 $164,000
2019 $1,409 $164,000 $0 $164,000
2018 $1,545 $140,700 $50,000 $90,700
2017 $1,530 $140,700 $50,000 $90,700
2016 $1,527 $140,700 $50,000 $90,700
2015 $1,502 $140,700 $50,000 $90,700
2014 $1,500 $140,700 $50,000 $90,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3418965

Canopy MLS (Canopy Realtor® Association)

APN: 001-487-40