NOT LISTED FOR SALE

18809 Nautical Dr Unit 103 Cornelius, NC 28031

Estimated Value: $271,962 - $342,000

2 Beds
2 Baths
1,017 Sq Ft
436 Sq Ft Lot

Last Sold March 01, 2017

Last sale price $136,000 $134 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,736/month

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Bailey Middle School Rated A-
  • Lawn
  • Rear Porch

About This Home

As of January 2023

Meticulously maintained two bedroom/two bath ground floor condo in very desirable Admirals Quarters located on Lake Norman in Cornelius. Home features granite countertops, hardwoods throughout, freshly remodeled bathrooms, and walk out patio perfect for relaxing evenings. Walking Trails, Pool, and gazebo overlooking the lake.

Property is available for a January 1st Move-in. Applications require a $35 fee for each prospective resident over 18. No History of Evictions, No Vouchers, and No pets per the direction of the owner.

Last Agent to Rent the Property

Bryan Burlingame

ERA Live Moore License #261819 Listed on: 12/26/2022

ERA Live Moore

Co-Listed By

James Chandless

TriStone Group Inc License #275113

Last Renter's Agent

Bryan Burlingame

ERA Live Moore License #261819 Listed on: 12/26/2022

ERA Live Moore

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1987

Lot Details

  • Lawn

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,695
  • Property Available on 1/6/23
  • Tenant pays for all except water
  • Assessor Parcel Number 001-482-21

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Admirals Quarters Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,683

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Deposit Security: 1695
  • Smoking Allowed Yn: 0
  • Available Date: 2023-01-06

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Architectural Style: Traditional
  • Year Built: 1987
  • Ratio Current Price By Acre: 169500.00
  • Unit Floor Level: 1
  • Property Sub Type Secondary: 1 Story
  • Road Surface Type: Other
  • Structure Type: Condominium
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Cable Available, None
  • Main Level Sq Ft: 1017
  • Sq Ft Unheated Main: 15
  • Porch: Back,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1017
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1017
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • Roof: Composition

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Walking Trails

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-482-21
  • Zoning Description: NR
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2016
Closed on
Mar 1, 2017
Sold by
Honeycutt Paul W and Formosa Teresa L
Bought by
Mccartr Gemma Leyte
Seller's Agent
LeeAnn Richards
High Ground Investment Properties
Buyer's Agent
Bryan Burlingame
ERA Live Moore
List Price
$149,900
Sold Price
$136,000
Premium/Discount to List
-$13,900
-9.27%
Current Estimated Value
$302,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,741
Avg. Annual Appreciation
9.67%
Original Mortgage
$15,000
Outstanding Balance
$12,411
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$290,330
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
Mccartr Gemma Leyte $136,000 Investors Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartr Gemma Leyte $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2023 01/06/23 Rented $1,695 0.0% --
12/26/2022 12/26/22 For Rent $1,695 0.0% --
03/01/2017 03/01/17 Sold $136,000 -9.3% $134 / Sq Ft View Prior Sale
01/20/2017 01/20/17 Pending -- -- --
12/11/2016 12/11/16 For Sale $149,900 -- $147 / 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 $1,554 $178,400 $0 $178,400
2021 $1,536 $178,400 $0 $178,400
2020 $1,536 $178,400 $0 $178,400
2019 $1,530 $178,400 $0 $178,400
2018 $1,352 $122,800 $40,000 $82,800
2017 $1,339 $122,800 $40,000 $82,800
2016 $1,335 $122,800 $40,000 $82,800
2015 $1,313 $122,800 $40,000 $82,800
2014 $1,311 $122,800 $40,000 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3930424

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-21