NOT LISTED FOR SALE

18789 Vineyard Point Ln Unit 5 Cornelius, NC 28031

Estimated Value: $435,000 - $491,000

2 Beds
2 Baths
1,005 Sq Ft
$254/mo HOA Fee

Last Sold August 03, 2021

Last sale price $390,000 $388 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,775/month

1 Day on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of August 2021

Enjoy spectacular Lake Norman sunsets from large covered balcony in sought-after Vineyard Point! This completely updated, meticulously maintained, waterfront condo treasures an expanded kitchen with open floor plan, custom cabinetry, quartz countertops, large island includes seating, abundant storage, under cabinet lighting and bright recessing lighting. New paint, NEW bamboo hardwood floors throughout. Stainless steel matching high end appliances, new front door with leaded glass window includes keyless security hardware, front storm door with screen, NEW HVAC system, Pella sliding glass doors & window, new stacked washer/dryer which allows for greater storage, gas log fireplace with tile surround. Master suite faces the lake. Beautiful tile flooring in both bathrooms. Steps to Freedom Boat Club and minutes to Birkdale Village and I-77 with several county nature parks and trails. Call this condo home today!

Last Agent to Sell the Property

Kurt Loomis

EXP Realty LLC Ballantyne License #285089 Listed on: 07/21/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Sunny Yates

Yates Realty Inc License #202205

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 001-463-59

Community Details

Overview

  • Mainstreet Mgmt Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Security

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Tri-Level
  • Ratio Close Price By List Price: 1.11460
  • Ratio Close Price By Original Li: 1.11460
  • Ratio Current Price By Sq Ft: 388.06
  • Unit Floor Level: 2
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Gas Unvented, Living Room
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Sq Ft Additional: 192
  • Main Level Sq Ft: 1005
  • Total Sq Ft: 1005

Exterior Features

  • Construction: Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Security, Street Lights, Tennis Court(s)
  • Association Fee: 254.00
  • Association Fee Frequency: Monthly
  • Complex Name: The Arbors
  • HOA Management Company: Mainstreet Mgmt
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view, Waterfront, Year Round View
  • Parcel Number: 001-463-59
  • Zoning Specification: NR

Tax Info

  • Tax Value: 215600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 3, 2021
Sold by
Tompkins Gladena V
Bought by
Bohl Paul J and Bohl Tracy L
Seller's Agent
Kurt Loomis
EXP Realty LLC Ballantyne
Buyer's Agent
Sunny Yates
Yates Realty Inc
List Price
$349,900
Sold Price
$390,000
Premium/Discount to List
$40,100
11.46%
Current Estimated Value
$450,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,995
Avg. Annual Appreciation
3.61%

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 3, 2019
Sold by
Arnold Ashley Gayle
Bought by
Tomplkins Gladena V
Seller's Agent
Todd Arnold
Shelter Makers Realty LLC
Buyer's Agent
Kurt Loomis
EXP Realty LLC Ballantyne
List Price
$278,000
Sold Price
$267,000
Premium/Discount to List
-$11,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.88%
Original Mortgage
$213,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2016
Sold by
Nash Joseph N
Bought by
Arnold Ashley Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Todd Gregory H
Bought by
Nash Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2000
Sold by
Lovelace Michelle
Bought by
Todd Gregory H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bohl Paul J $390,000 Investors Title
Tomplkins Gladena V $267,000 None Available
Arnold Ashley Gayle $230,000 Investors Title Insurance Co
Nash Joseph N $142,000 --
Todd Gregory H -- --
Todd Gregory H $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomplkins Gladena V $213,600
Previous Owner Arnold Ashley Gayle $202,500
Previous Owner Nash Joseph N $113,600
Previous Owner Todd Gregory H $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2021 08/03/21 Sold $390,000 +11.5% $388 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $349,900 +31.0% $348 / Sq Ft
07/03/2019 07/03/19 Sold $267,000 -4.0% $266 / Sq Ft View Prior Sale
05/18/2019 05/18/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $278,000 0.0% $277 / Sq Ft
02/23/2014 02/23/14 Rented $1,200 0.0% --
02/23/2014 02/23/14 For Rent $1,200 -- --
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 -- $413,278 -- $413,278
2024 -- $413,278 -- $413,278
2023 $1,809 $413,278 $0 $413,278
2022 $1,809 $215,600 $0 $215,600
2021 $1,848 $215,600 $0 $215,600
2020 $1,848 $215,600 $0 $215,600
2019 $1,842 $215,600 $0 $215,600
2018 $2,047 $187,300 $70,000 $117,300
2017 $2,029 $187,300 $70,000 $117,300
2016 $2,026 $187,300 $70,000 $117,300
2015 -- $187,300 $70,000 $117,300
2014 $1,992 $215,900 $80,000 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3762273

Canopy MLS (Canopy Realtor® Association)

APN: 001-463-59