NOT LISTED FOR SALE

18742 Nautical Dr Unit 206 Cornelius, NC 28031

Estimated Value: $322,697 - $381,000

2 Beds
2 Baths
981 Sq Ft
$366/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $320,000 $326 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,356/month

49 Days on Market

Highlights

  • Fitness Center
  • RV or Boat Storage in Community
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of April 2022

Waterview End Unit condo with an Elevator! Extra Wall of Windows! Granite, tile backsplash, pendant lights, smooth top self cleaning oven, ceiling fans, upgraded kitchen cabinets with lighting. Bamboo flooring in kitchen and primary bedroom. Side by side fridge, washer dryer negot. Window shutters in great room and primary. Bathroom cabinets with upgraded pull out shelving. Surround sound speakers and flat screen in primary to remain. Only 2 owners. This immaculate condo faces the pond with 2, 24/7 fountains. Gazebo and shoreline seen from the condo are the entry to Lake Norman and one of two community beaches. Amenities include gym, 2 private beaches on Lake Norman, clubhouse for your private parties, newer tennis/pickle court with lights for evening play. Gated storage for rv or boat, additional fee. Garages and Boat Slips available to residents, leased and sold privately. TDS Cable and water included in hoa fee. 30 Pound non aggressive dog rule, no short term rentals.

Last Agent to Sell the Property

Debi Gallo

Southern Homes of the Carolinas, Inc Brokerage Email: debigallo@gmail.com License #187601 Listed on: 01/08/2022

Last Buyer's Agent

Lance Witt

Lake Norman Realty, Inc. License #319140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • End Unit
  • Level Lot
  • Lawn

HOA Fees

  • $278 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 981 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Water Views
  • Storm Doors
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Handicap Parking
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-487-42

Community Details

Overview

  • Csi Properties Association, Phone Number (704) 892-1660
  • Cypress Point Condos
  • Built by Kennerly
  • Admirals Quarters Subdivision, End Unit Floorplan
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,155

Year Built

Built in 2007

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 2007
  • Restrictions: Other - See Remarks,Subdivision,Use
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Restrictions Description: 30 pound dog rule,No short term rentals
  • Proposed Special Assessment Desc: Proposed Not Voted On
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 326.20
  • Attribution Contact: debigallo@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Bamboo, Carpet, Tile
  • Interior Amenities: Cable Prewire, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 981
  • 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
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 981
  • Accessibility Features: Bath Grab Bars, Elevator, Handicap Parking, No Interior Steps
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: Main
  • Living Area: 981
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 7
  • Sq Ft Other: 95

Exterior Features

  • Exterior Features: Gas Grill, Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip – Community, Lake, Paddlesport Launch Site - Community, Dock, Other - See Remarks
  • Waterfront Elevation: 1000
  • Construction Type: Fiber Cement, Hardboard Siding
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Gas, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Fitness Center, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage, Sidewalks, Street Lights, Tennis Court(s), Other
  • Association Fee: 278.2
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cypress Point
  • Association Name: CSI Properties
  • Phone: 704-892-1660
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: info@csiproperties.com

Association/Amenities

  • Association Annual Expense: 3338.40

Schools

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

Lot Info

  • Lot Features: End Unit, Level, Waterfront, Other - See Remarks
  • Parcel Number: 001-487-42
  • Zoning: NR
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Kennerly

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Mar 31, 2022
Sold by
Brown Carol M
Bought by
Keeley Michelle E and Keeley James W
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Lance Witt
Lake Norman Realty, Inc.
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$358,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,924
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 30, 2019
Sold by
Heineman Douglas W
Bought by
Brown Carol M
Seller's Agent
Terrie Hayes
Harbor Realty, Inc
Buyer's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
List Price
$214,900
Sold Price
$205,500
Premium/Discount to List
-$9,400
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.57%
Original Mortgage
$164,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Cypress Point Partners Llc
Bought by
Heineman Douglas W and Heineman Patricia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Keeley Michelle E $320,000 Thomas & Webber Pllc
Brown Carol M $205,500 Southern Homes Title Inc
Heineman Douglas W $140,325 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Carol M $164,400
Previous Owner Heineman Douglas W $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $320,000 0.0% $326 / Sq Ft
01/08/2022 01/08/22 For Sale $320,000 +55.7% $326 / Sq Ft
08/30/2019 08/30/19 Sold $205,500 0.0% $209 / Sq Ft View Prior Sale
08/29/2019 08/29/19 Pending -- -- --
08/27/2019 08/27/19 Off Market $205,500 -- --
07/29/2019 07/29/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $214,900 -- $219 / 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 $2,155 $320,862 -- $320,862
2024 $2,155 $320,862 -- $320,862
2023 $2,118 $320,862 $0 $320,862
2022 $1,450 $166,200 $0 $166,200
2021 $1,434 $166,200 $0 $166,200
2020 $1,434 $166,200 $0 $166,200
2019 $1,428 $166,200 $0 $166,200
2018 $1,559 $142,000 $50,000 $92,000
2017 $1,544 $142,000 $50,000 $92,000
2016 $1,541 $142,000 $50,000 $92,000
2015 $1,516 $142,000 $50,000 $92,000
2014 $1,514 $142,000 $50,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818385

Canopy MLS (Canopy Realtor® Association)

APN: 001-487-42