NOT LISTED FOR SALE

18801 Nautical Dr Unit 201 Cornelius, NC 28031

Estimated Value: $301,224 - $421,000

3 Beds
2 Baths
1,133 Sq Ft
6.87 Acres

Highlights

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

About This Home

As of June 2024

BRAND NEW CARPET THROUGH-OUT CONDO!!! Spacious 3 bedroom condo in the water front community of Admirals Quarters. Community pool, fitness center, tanning decks, tennis courts, recreation area and sidewalks make this one of Lake Normans most desirable communities. Corner unit condo with dual balconies.

Last Agent to Rent the Property

Brandon Farmer

Carolina Management Resources LLC Brokerage Email: brandonfarmerrealestate@gmail.com License #70609 Listed on: 03/12/2024

Carolina Management Resources LLC

Last Renter's Agent

Brandon Farmer

Carolina Management Resources LLC Brokerage Email: brandonfarmerrealestate@gmail.com License #70609 Listed on: 03/12/2024

Carolina Management Resources LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1987

Lot Details

  • Lawn

Parking

  • 2 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Tri-Level Property
  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 1,133 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • Deck
  • Rear Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Security Deposit $1,490
  • Property Available on 4/8/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 001-482-43

Community Details

Overview

  • Admirals Quarters Condos
  • Admirals Quarters Subdivision

Recreation

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

Pet Policy

  • Pet Deposit $250

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,757

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-04-08
  • Pet Deposit: 250
  • Security Deposit: 1490
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1987
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Tri-Level
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.32
  • Geocode Confidence: High
  • Attribution Contact: brandonfarmerrealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Cable Prewire, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1133
  • 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 Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1133
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1133
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Lawn Maintenance
  • Roof: Shingle
  • Water Body Name: Lake Norman
  • Waterfront Features: Paddlesport Launch Site - Community
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Recreation Area, RV/Boat Storage, Sidewalks, Street Lights, Tennis Court(s)
  • Complex Name: Admirals Quarters
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 001-482-43
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NR

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2015
Sold by
Dg 3 South Llc
Bought by
Oaks Properties Llc
Current Estimated Value
$336,056

Purchase Details

Closed on
Mar 7, 2014
Sold by
Glt Enterprises Llc
Bought by
Dg 3 South Llc

Purchase Details

Closed on
Sep 17, 2010
Sold by
Wells Fargo Bank N A
Bought by
Glt Enterprises Llc

Purchase Details

Closed on
May 7, 2010
Sold by
Covington Joseph E and Covington Kebbe Flock Lipscomb
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 30, 2001
Sold by
Collier William J and Collier Toni L
Bought by
Covington Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2000
Sold by
Robert Agnelli
Bought by
Collier William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
8.3%
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
Oaks Properties Llc $130,000 None Available
Dg 3 South Llc $105,000 None Available
Glt Enterprises Llc $88,000 None Available
Wells Fargo Bank Na $108,416 None Available
Covington Joseph E $106,000 --
Collier William J $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington Joseph E $102,800
Previous Owner Collier William J $97,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Rented $1,490 0.0% --
06/23/2024 06/23/24 Price Changed $1,490 -9.7% $1 / Sq Ft
05/06/2024 05/06/24 For Rent $1,650 0.0% --
04/11/2024 04/11/24 Off Market $1,650 -- --
03/12/2024 03/12/24 For Rent $1,650 +3.1% --
05/04/2022 05/04/22 Rented $1,600 0.0% --
04/08/2022 04/08/22 For Rent $1,600 -- --
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 $1,757 $260,153 -- $260,153
2024 $1,757 $260,153 -- $260,153
2023 $1,726 $260,153 $0 $260,153
2022 $1,659 $190,800 $0 $190,800
2021 $1,640 $190,800 $0 $190,800
2020 $1,640 $190,800 $0 $190,800
2019 $1,634 $190,800 $0 $190,800
2018 $1,421 $129,200 $40,000 $89,200
2017 $1,407 $129,200 $40,000 $89,200
2016 $1,404 $129,200 $40,000 $89,200
2015 $1,381 $129,200 $40,000 $89,200
2014 $1,379 $129,200 $40,000 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4118070

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-43