NOT LISTED FOR SALE

18803 Silver Quay Dr Unit 28 Cornelius, NC 28031

Estimated Value: $384,461 - $558,000

3 Beds
2.5 Baths
1,515 Sq Ft
$190/mo HOA Fee

Last Sold April 27, 2017

Last sale price $226,000 $149 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,711/month

28 Days on Market

Highlights

  • Boat Ramp
  • Community Lake
  • Cathedral Ceiling
  • Bailey Middle School Rated A-
  • Transitional Architecture
  • Wood Flooring

About This Home

As of April 2017

Versatile, comfortable, easy care town home has been lovingly lived in and is move-in ready. All the amenities with boat ramp, day docks, pool and tennis in the neighborhood. Close by local fun at Birkdale and Jetton Village. From the durable hardwood main level flooring to the soft neutral tones throughout, immediate enjoyment is just around the corner. Enjoy mornings and evenings on your covered front porch or private back patio or in the sun room. Secure one car garage with opener. Warranty

Last Agent to Sell the Property

Bill Balatow

Howard Hanna Allen Tate Statesville License #190852 Listed on: 01/26/2017

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Chad Hendrix

Hendrix Properties License #213726

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • 1,742

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Storage Room
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-483-46

Community Details

Overview

  • William Douglas Association, Phone Number (704) 230-3131
  • Community Lake

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$190 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94958
  • Ratio Close Price By Original Li: 0.94958
  • Ratio Current Price By Acre: 5650000.00
  • Ratio Current Price By Sq Ft: 149.17
  • Unit Floor Level: 1
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 673
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Security System, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, See Thru
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • H O A Management Phone: 704-230-3131
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 842
  • Total Sq Ft: 1515
  • Sq Ft Unheated Main: 252
  • Sq Ft Unheated Total: 252

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 1 Car, Garage Door Opener, Parking Space - 1

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake, Outdoor Pool, Tennis Court(s)
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: William Douglas
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 24x79
  • Lot Features: Lake Access, Level
  • Parcel Number: 001-483-46
  • Plat Reference Section Pages: 981
  • Zoning Specification: NR

Tax Info

  • Tax Value: 185300.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Apr 27, 2017
Sold by
Valek Parker V and Valek Krystle
Bought by
Armstrong Robert T
Seller's Agent
Bill Balatow
Howard Hanna Allen Tate Statesville
Buyer's Agent
Chad Hendrix
Hendrix Properties
List Price
$238,000
Sold Price
$226,000
Premium/Discount to List
-$12,000
-5.04%
Current Estimated Value
$444,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,365
Avg. Annual Appreciation
8.27%
Original Mortgage
$180,800
Outstanding Balance
$151,175
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$293,190

Purchase Details

Closed on
May 29, 2014
Sold by
Floyd Kristen and Browning Robert
Bought by
Valek Parker Mcknight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,495
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
Sold by
Neal James T
Bought by
Floyd Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Berg Phyllis
Bought by
Neal James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.9%
Mortgage Type
New Conventional
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
Armstrong Robert T $226,000 None Available
Valek Parker Mcknight $192,000 None Available
Floyd Kristen $218,000 Capitol Closing & Title Agen
Neal James T $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Robert T $180,800
Previous Owner Valek Parker Mcknight $185,495
Previous Owner Floyd Kristen $218,000
Previous Owner Neal James T $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $226,000 -5.0% $149 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $238,000 -- $157 / 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 $2,283 $340,300 $80,000 $260,300
2024 $2,283 $340,300 $80,000 $260,300
2023 $2,244 $340,300 $80,000 $260,300
2022 $2,073 $239,600 $75,000 $164,600
2021 $2,050 $239,600 $75,000 $164,600
2020 $2,050 $239,600 $75,000 $164,600
2019 $2,044 $239,600 $75,000 $164,600
2018 $2,025 $185,300 $54,000 $131,300
2017 $2,008 $185,300 $54,000 $131,300
2016 $2,005 $185,300 $54,000 $131,300
2015 $1,973 $185,300 $54,000 $131,300
2014 $1,971 $185,300 $54,000 $131,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3245492

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-46