NOT LISTED FOR SALE

18809 Nautical Dr Unit 102 Cornelius, NC 28031

Estimated Value: $274,000 - $324,000

2 Beds
2 Baths
940 Sq Ft
$176/mo HOA Fee

Last Sold October 30, 2019

Last sale price $171,500 $182 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,848/month

86 Days on Market

Highlights

  • In Ground Pool
  • Community Lake
  • Lawn
  • Bailey Middle School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2019

Waterfront community 2B/2BA ground level living at Lake Norman. Home owner dues include basic cable TV, water bill, garbage pick up, exterior insurance and amenities. Amenities include a clubhouse for your private parties, pool, weight room and a beautiful lake front setting. With a nicely appointed interior and relaxing patio, this property is perfect for enjoying every season!

Photos and disclosures to coming soon!

Last Agent to Sell the Property

Josh Lique

Your Realty PRO Brokerage Services LLC License #284528 Listed on: 07/08/2019

Last Buyer's Agent

JC Brady, III

Howard Hanna Allen Tate Lake Norman License #266021

Howard Hanna Allen Tate Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 6.87

HOA Fees

  • $176 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property
  • Gas Log Fireplace
  • Oven

Additional Features

  • In Ground Pool
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 001-482-20

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Ratio Close Price By List Price: 0.93207
  • Ratio Close Price By Original Li: 0.90263
  • Ratio Current Price By Sq Ft: 182.45
  • Unit Floor Level: 1
  • Year Built: 1987
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Concrete, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Lower
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Exhaust Fan, Ice Maker Connection, Microwave, Oven, Exhaust Hood
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • H O A Management Phone: 7046448808
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 940
  • Total Sq Ft: 940

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Pool-In-Ground, Tennis Court(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 176.00
  • Association Fee Frequency: Monthly
  • Complex Name: Admirals Quarters
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Water view
  • Parcel Number: 001-482-20
  • Zoning Specification: NR

Tax Info

  • Tax Value: 118300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Coralee Reith
Bought by
Lee Robert
Current Estimated Value
$293,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,752
Outstanding Balance
$104,325
Interest Rate
3.48%
Estimated Equity
$189,131

Purchase Details

Closed on
Sep 24, 2012
Sold by
Shaffer Rosemary M
Bought by
Reith Caralee

Purchase Details

Closed on
Jan 26, 2007
Sold by
Shaffer Rosemary M
Bought by
Shaffer Rosemary M and Rosemary M Shaffer Trust

Purchase Details

Closed on
Oct 11, 2005
Sold by
Davison Joseph R and Davison Jill Hewett
Bought by
Shaffer Rosemary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lee Robert -- --
Reith Caralee $87,500 None Available
Shaffer Rosemary M -- None Available
Shaffer Rosemary M $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Robert $130,752
Closed Lee Robert --
Previous Owner Shaffer Rosemary M $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $171,500 -6.8% $182 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $184,000 -3.2% $196 / Sq Ft
07/08/2019 07/08/19 For Sale $190,000 -- $202 / 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 $1,505 $221,804 -- $221,804
2024 $1,505 $221,804 -- $221,804
2023 $1,478 $221,804 $0 $221,804
2022 $1,479 $169,600 $0 $169,600
2021 $1,462 $169,600 $0 $169,600
2020 $1,462 $169,600 $0 $169,600
2019 $1,456 $169,600 $0 $169,600
2018 $1,303 $118,300 $40,000 $78,300
2017 $1,291 $118,300 $40,000 $78,300
2016 -- $118,300 $40,000 $78,300
2015 $641 $118,300 $40,000 $78,300
2014 $639 $118,300 $40,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3526805

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-20