NOT LISTED FOR SALE

18759 Vineyard Point Ln Unit 20 Cornelius, NC 28031

Estimated Value: $417,000 - $481,000

2 Beds
2 Baths
1,009 Sq Ft
$194/mo HOA Fee

Last Sold September 19, 2019

Last sale price $250,000 $248 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,786/month

84 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Community Lake
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of September 2019

PRICE ADJUSTMENT!!!This 2BD/2BA Waterfront end Unit Condo with Lots of Light, located in the highly sought after Vineyard Point Community in Lake Norman is a gorgeous waterfront property overlooking Lake Norman and the community boat slips and pool! This unit has easy to care for tile flooring through out, updated appliances and built in closet storage. Recently Painted. Updated Kitchen with Granite Counters and Stainless appliances- Washer and dryer to remain. Custom Shelving in Master Closet- Master Bath has Luxury Tile Shower. Enjoy the Beautiful Sunsets on your expansive back patio. Boat slips can be leased as they become available.Boat slips available through The Lake Norman Company 704-892-4619 ext 10. Enjoy all that Lake Norman has to Offer.

Last Agent to Sell the Property

Gary Myerscough

Lake Norman Realty, Inc. License #284194 Listed on: 05/03/2019

Lake Norman Realty, Inc.

Last Buyer's Agent

Gary Myerscough

Lake Norman Realty, Inc. License #284194 Listed on: 05/03/2019

Lake Norman Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 1.84

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Tile Flooring
  • Oven

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Terrace

Additional Features

  • Waterfront
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-463-20

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Mid-Rise Condominium
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Sq Ft: 247.77
  • Unit Floor Level: 3
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Screen Door(s)
  • Entry Level: Upper
  • Equipment: Cable Prewire, Ceiling Fan(s), Dryer, Microwave, Oven, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Tile
  • H O A Management Phone: 704 892-1660
  • Interior Amenities: Cable Available, Open Floorplan, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1009
  • Total Sq Ft: 1009
  • Sq Ft Unheated Main: 192
  • Sq Ft Unheated Total: 192

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground, Tennis Court(s), Terrace

Garage/Parking

  • Parking: Assigned Parking Space - 1

Utilities

  • Heating: Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 193.55
  • Association Fee Frequency: Monthly
  • Complex Name: The Arbors
  • HOA Management Company: CSI
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Water view, Waterfront, Year Round View
  • Parcel Number: 001-463-20
  • Zoning Specification: NR

Tax Info

  • Tax Value: 221300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Sep 19, 2019
Sold by
Kirby Ryan Daniel and Kirby Kimberly O
Bought by
Freund Todd and Freund Elizabeth
Seller's Agent
Gary Myerscough
Lake Norman Realty, Inc.
Buyer's Agent
Gary Myerscough
Lake Norman Realty, Inc.
List Price
$274,999
Sold Price
$250,000
Premium/Discount to List
-$24,999
-9.09%
Current Estimated Value
$444,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,056
Avg. Annual Appreciation
9.93%
Original Mortgage
$187,500
Outstanding Balance
$124,346
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$319,710

Purchase Details

Closed on
Mar 12, 2009
Sold by
Christensen Kathryn
Bought by
Otto Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,230
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2006
Sold by
Belsole Richard
Bought by
Christensen Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 2006
Sold by
Duncan Joseph C
Bought by
Belsole Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 1999
Sold by
Jeffrey Beshears Thomas
Bought by
Duncan Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,998
Interest Rate
7.66%
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
Freund Todd $250,000 Master Title Insurance
Otto Kimberly $222,000 Investors Title Insurance Co
Christensen Kathryn $212,500 None Available
Belsole Richard $181,000 None Available
Duncan Joseph C $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freund Todd $187,500
Previous Owner Otto Kimberly $214,230
Previous Owner Christensen Kathryn $170,000
Previous Owner Duncan Joseph C $139,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $250,000 -3.8% $248 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $259,999 -1.9% $258 / Sq Ft
06/05/2019 06/05/19 Price Changed $264,999 -3.6% $263 / Sq Ft
05/03/2019 05/03/19 For Sale $274,999 0.0% $273 / Sq Ft
08/08/2017 08/08/17 Rented $1,350 -10.0% --
08/08/2017 08/08/17 Under Contract -- -- --
06/12/2017 06/12/17 For Rent $1,500 -- --
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 $2,853 $427,303 -- $427,303
2024 $2,853 $427,303 -- $427,303
2023 $2,806 $427,303 $0 $427,303
2022 $1,918 $221,300 $0 $221,300
2021 $1,896 $221,300 $0 $221,300
2020 $1,896 $221,300 $0 $221,300
2019 $1,890 $221,300 $0 $221,300
2018 $2,092 $191,500 $75,000 $116,500
2017 $2,074 $191,500 $75,000 $116,500
2016 $2,071 $191,500 $75,000 $116,500
2015 $2,039 $191,500 $75,000 $116,500
2014 $2,037 $214,800 $80,000 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3499855

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-20