NOT LISTED FOR SALE

18801 Nautical Dr Unit 102 Cornelius, NC 28031

Estimated Value: $276,370 - $329,000

2 Beds
2 Baths
1,026 Sq Ft
$189/mo HOA Fee

Last Sold January 13, 2021

Last sale price $192,500 $188 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,872/month

8 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Pond
  • Lawn

About This Home

As of January 2021

Don't miss out on the opportunity to own a ground floor condo in the highly desirable Admirals Quarters, nestled right in the heart of Lake Norman. You will enjoy a maintenance free lifestyle, where you'll be able to take advantage of the community's tennis courts, walking paths, pool and more. With a marina in the neighborhood with slips for lease or Morningstar Marina within walking distance, you can be on the water and enjoying lake life that everyone is so excited to get a piece of. This 2 bedroom, 2 bathroom unit includes granite counter tops in the kitchen, upgraded flooring throughout and spacious patio accessible from the living area and master bedroom. HVAC system was replaced and upgraded in 2016. Make sure to get your preview as soon as possible since these condos don't last long!

Last Agent to Sell the Property

David Etz

Carolina Real Estate Experts The Dan Jones Group License #303617 Listed on: 12/03/2020

Last Buyer's Agent

Khou Hale

The Lake Team LLC License #309063

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 6.87

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Additional Features

  • 2 Full Bathrooms
  • Pond
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 001-482-38

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.95302
  • Ratio Close Price By Original Li: 0.95302
  • Ratio Current Price By Sq Ft: 187.62
  • Unit Floor Level: 1
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Lower
  • Equipment: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fixture Exception Description: Washer/Dryer do not convey
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Vinyl Plank, Wood
  • H O A Management Phone: 704-892-1660
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1026
  • Total Sq Ft: 1026
  • Sq Ft Unheated Main: 115
  • Sq Ft Unheated Total: 115

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Playground, Pond, Recreation Area, Sidewalk, Tennis Court(s)
  • Association Fee: 189.25
  • Association Fee Frequency: Monthly
  • Complex Name: Admirals Quarters
  • HOA Management Company: CSI Property Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake Access
  • Parcel Number: 001-482-38
  • Zoning Specification: NR

Tax Info

  • Tax Value: 178100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 13, 2021
Sold by
Rader Carl W and Rader Sandra W
Bought by
Chase John Harmon and Chase Thomas
Seller's Agent
David Etz
Carolina Real Estate Experts The Dan Jones Group
Buyer's Agent
Khou Hale
The Lake Team LLC
List Price
$201,990
Sold Price
$192,500
Premium/Discount to List
-$9,490
-4.7%
Current Estimated Value
$294,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,343
Avg. Annual Appreciation
9.31%
Original Mortgage
$154,000
Outstanding Balance
$137,446
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$157,397

Purchase Details

Closed on
May 6, 2016
Sold by
Parsons Clifford C
Bought by
Rader Carl and Rader Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,542
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Aug 14, 2013
Sold by
Johnson David A
Bought by
Parsons Clifford C

Purchase Details

Closed on
May 10, 2004
Sold by
Sanchez Jose L and Sanchez Laura E
Bought by
Johnson David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Chandler Casey E and Chandler Vela A
Bought by
Sanchez Jose L and Sanchez Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chase John Harmon $192,500 None Available
Rader Carl $123,000 None Available
Parsons Clifford C $70,000 None Available
Johnson David A $100,000 --
Sanchez Jose L $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase John Harmon $154,000
Previous Owner Rader Carl $125,542
Previous Owner Johnson David A $95,000
Previous Owner Sanchez Jose L $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $192,500 -4.7% $188 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $201,990 -- $197 / 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 $1,683 $248,930 -- $248,930
2024 $1,683 $248,930 -- $248,930
2023 $1,653 $248,930 $0 $248,930
2022 $1,551 $178,100 $0 $178,100
2021 $1,534 $178,100 $0 $178,100
2020 $1,534 $178,100 $0 $178,100
2019 $1,528 $178,100 $0 $178,100
2018 $1,350 $122,700 $40,000 $82,700
2017 $1,338 $122,700 $40,000 $82,700
2016 $1,334 $122,700 $40,000 $82,700
2015 $1,312 $122,700 $40,000 $82,700
2014 $1,310 $122,700 $40,000 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3687907

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-38