NOT LISTED FOR SALE

18773 Vineyard Point Ln Cornelius, NC 28031

Estimated Value: $412,000 - $426,000

2 Beds
2 Baths
886 Sq Ft
$307/mo HOA Fee

Last Sold August 21, 2024

Last sale price $410,000 $463 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,740/month

4 Days on Market

Highlights

  • Assigned Boat Slip
  • Access To Lake
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Deck

About This Home

As of August 2024

This beautifully updated 2-bedroom, 2-bathroom maintenance-free-living condo offers the perfect blend of modern living and serene natural beauty. Nestled in a prime Cornelius location, this home boasts unobstructed sunset views over the sparkling waters of Lake Norman, making every evening a picturesque retreat on your private covered deck. Located just minutes from the community pool, marina, Freedom boat club, shopping, dining, and entertainment, this condo offers the perfect balance of convenience and tranquility. The updated primary bathroom and new hot water heater make it turn-key ready Don't miss the chance to make this lakefront gem your own and experience the best of Lake Norman living! No need to get in-line to lease a slip, this unit has a transferrable lease if interested. Slip is paid for through April 2025

Last Agent to Sell the Property

Nicole Leininger

Ivester Jackson Distinctive Properties Brokerage Email: nicole@ivesterjackson.com License #279887 Listed on: 07/17/2024

Last Buyer's Agent

George Fountas

The NC Pinnacle Real Estate Group License #276599

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Lot Details

  • Waterfront

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Hardboard

Interior Spaces

  • 886 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Access To Lake
  • Assigned Boat Slip
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-463-69

Community Details

Overview

  • Main Street Management Group Association, Phone Number (704) 255-1266
  • Mid-Rise Condominium
  • Vineyard Point Condos
  • Shelter Cove Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1993
  • Proposed Special Assessment Yn: 1
  • Special Assessment Description: exterior updates
  • Proposed Special Assessment Desc: see meeting minutes in attachments
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 462.75
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: nicole@ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 886
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 886
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Gas Log, Living Room
  • Living Area: 886
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Boat Slip (Lease/License) (Off Site), Boat Slip – Community
  • Construction Type: Cedar Shake, Hardboard Siding
  • Patio And Porch Features: Balcony, Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Parking Lot, Parking Space(s)
  • Assigned Spaces: 2

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Inside, Laundry Closet
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 307.33
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Vineyard Point
  • Senior Community: No
  • Association Name: Main Street Management Group
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: info@mainstreetmanagers.com

Association/Amenities

  • Association Annual Expense: 3687.96

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Parcel Number: 001-463-69
  • Zoning: NR
  • Land Included Yn: 0
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 19, 2024
Sold by
Meyer Darrell and Meyer Kelly
Bought by
Allessio Paul Anthony and Allessio Ashleigh Jones
Seller's Agent
Nicole Leininger
Ivester Jackson Distinctive Properties
Buyer's Agent
George Fountas
The NC Pinnacle Real Estate Group
List Price
$410,000
Sold Price
$410,000
Views
14
Current Estimated Value
$418,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,856
Avg. Annual Appreciation
2.14%
Original Mortgage
$350,000
Outstanding Balance
$345,958
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$72,898

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 9, 2023
Sold by
Lavalle Living Trust
Bought by
Meyer Darrell and Meyer Kelly
Seller's Agent
Annette Skaggs
ERA Live Moore
Buyer's Agent
Annette Skaggs
ERA Live Moore
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Views
195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.09%
Original Mortgage
$247,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2021
Sold by
18773 Vineyard Point Ln Llc
Bought by
The Lavalle Living Trust

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 26, 2020
Sold by
Kostoff Jeremy Alynn
Bought by
18773 Vineyard Point Ln Llc
Seller's Agent
Justin Boston
Horizon Realty Carolinas
Buyer's Agent
Justin Boston
Horizon Realty Carolinas
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 13, 2018
Sold by
Grabants Markus Wayne and Grabants Lisa Gabrielli
Bought by
Kostoff Jeremy Alynn
Seller's Agent
Arlene Arciero
Southern Homes of the Carolinas, Inc
Buyer's Agent
Justin Boston
Horizon Realty Carolinas
List Price
$249,000
Sold Price
$247,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$239,590
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Allessio Paul Anthony $410,000 Tryon Title Agency Llc
Meyer Darrell $330,000 None Listed On Document
Meyer Darrell $330,000 None Listed On Document
The Lavalle Living Trust -- None Available
18773 Vineyard Point Ln Llc $275,000 Investors Title Insurance Co
Kostoff Jeremy Alynn $247,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allessio Paul Anthony $350,000
Previous Owner Meyer Darrell $247,500
Previous Owner Kostoff Jeremy Alynn $241,800
Previous Owner Kostoff Jeremy Alynn $239,590
Previous Owner Grabants Markus Wayne $157,500
Previous Owner Grabants Markus Wayne $35,000
Previous Owner Grabants Markus Wayne $23,500
Previous Owner Grabants Markus Wayne $28,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $410,000 0.0% $463 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $410,000 +24.2% $463 / Sq Ft
11/09/2023 11/09/23 Sold $330,000 -5.7% $372 / Sq Ft
10/13/2023 10/13/23 Price Changed $349,900 -12.3% $395 / Sq Ft
09/30/2023 09/30/23 For Sale $399,000 +45.1% $450 / Sq Ft
10/28/2020 10/28/20 Sold $275,000 -2.7% $314 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $282,500 -0.8% $322 / Sq Ft
09/04/2020 09/04/20 For Sale $284,900 +15.3% $325 / Sq Ft
08/20/2018 08/20/18 Sold $247,000 -0.8% $283 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $249,000 -- $285 / 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
2024 -- $404,658 -- $404,658
2023 $1,797 $404,658 $0 $404,658
2022 $1,797 $214,200 $0 $214,200
2021 $1,797 $214,200 $0 $214,200
2020 $1,836 $214,200 $0 $214,200
2019 $1,830 $214,200 $0 $214,200
2018 $1,942 $177,600 $70,000 $107,600
2017 $1,926 $177,600 $70,000 $107,600
2016 $1,922 $177,600 $70,000 $107,600
2015 $1,892 $177,600 $70,000 $107,600
2014 $1,890 $204,500 $80,000 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4159751

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-69