NOT LISTED FOR SALE

18811 Silver Quay Dr Unit 24 Cornelius, NC 28031

Estimated Value: $408,000 - $428,000

3 Beds
2 Baths
1,465 Sq Ft
$232/mo HOA Fee

Last Sold September 16, 2019

Last sale price $236,500 $161 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,578/month

3 Days on Market

Highlights

  • Community Lake
  • Transitional Architecture
  • Tennis Courts
  • Bailey Middle School Rated A-
  • Community Pool
  • Attached Garage

About This Home

As of September 2019

Townhome living at Lake Norman with waterfront pool and community boat ramp for launching your jet ski (store in your garage). Join the boat club nearby and tie up at your community day dock or lease a community boat slip (one is available as of 8/1/19). Walk to the popular hot spot, Port City restaurant, and bar, enjoy nearby waterfront parks at Ramsey Creek and Jetton. Master down open concept floor plan with vaulted ceiling...very open and bright. Wide plank engineered wood flooring, recent cushy carpet, updated HVAC. Washer, dryer, and fridge can remain. End unit for added privacy and a great location in the community backing up to trees. Enjoy the treed view from the glassed-in three season porch and the patio. The attached one-car garage provides secure access...just drive right in and click the garage door closed. One of the best locations in Cornelius, close to everything you need.

Last Agent to Sell the Property

Chris Carlin

Howard Hanna Allen Tate Lake Norman License #181875 Listed on: 08/06/2019

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Debbie Ward

Corcoran HM Properties License #310328

Corcoran HM Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • Many Trees

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 001-483-50

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$232 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98583
  • Ratio Close Price By Original Li: 0.98583
  • Ratio Current Price By Acre: 3378571.43
  • Ratio Current Price By Sq Ft: 161.43
  • Unit Floor Level: 1
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 453
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Split BR Plan
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 107
  • Main Level Sq Ft: 1012
  • Total Sq Ft: 1465

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s)
  • Association Fee: 232.00
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Trees
  • Parcel Number: 001-483-50
  • Zoning Specification: NR

Tax Info

  • Tax Value: 260700.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Poovey Brian Kenneth and Poovey Cindy Marie
Bought by
Chambers Sarah J
Current Estimated Value
$410,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,125
Outstanding Balance
$357,531
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$57,723

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 16, 2019
Sold by
Estate Of Benjamin E Telford
Bought by
Poovey Brian Kenneth and Poovey Cindy Marie
Seller's Agent
Chris Carlin
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Debbie Ward
Corcoran HM Properties
List Price
$239,900
Sold Price
$236,500
Premium/Discount to List
-$3,400
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$224,015
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1995
Bought by
Telford Benjamin E
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
Chambers Sarah J $422,500 None Listed On Document
Poovey Brian Kenneth $236,500 None Available
Telford Benjamin E $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Sarah J $359,125
Previous Owner Poovey Brian Kenneth $224,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $236,500 -1.4% $161 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $239,900 -- $164 / 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 $2,323 $346,500 $80,000 $266,500
2024 $2,323 $346,500 $80,000 $266,500
2023 $2,323 $346,500 $80,000 $266,500
2022 $2,253 $260,700 $93,800 $166,900
2021 $2,227 $260,700 $93,800 $166,900
2020 $2,227 $260,700 $93,800 $166,900
2019 $2,221 $260,700 $93,800 $166,900
2018 $2,074 $189,800 $54,000 $135,800
2017 $2,056 $189,800 $54,000 $135,800
2016 $2,053 $189,800 $54,000 $135,800
2015 $2,021 $189,800 $54,000 $135,800
2014 $2,019 $189,800 $54,000 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3535978

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-50