NOT LISTED FOR SALE

18817 Nautical Dr Unit 203 Cornelius, NC 28031

Estimated Value: $257,824 - $315,000

2 Beds
2 Baths
1,017 Sq Ft
$213/mo HOA Fee

Last Sold January 13, 2022

Last sale price $200,000 $197 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,802/month

23 Days on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • In Ground Pool
  • Bailey Middle School Rated A-
  • Fitness Center
  • Community Lake

About This Home

As of January 2022

***LEASED UNTIL MARCH 2023***Long-term tenant for the past 9 years.
2 bedroom, 2 bath perfectly located in the heart of Cornelius for every convenience including lake access! Community with amenities galore: Clubhouse, swimming pool, lighted tennis courts, fitness room, private marina, trails around pond, paddleboard launch area. Convenient to Birkdale shopping, entertainment, waterfront boardwalk to Port City restaurant, airport, Jetton Park, Hospitals, Charlotte, and I-77.
Pet weight limit 30 lbs. Short Term Rentals are not allowed.

Last Agent to Sell the Property

Ashley Towns

Lake Norman Realty, Inc. License #309815 Listed on: 11/17/2021

Lake Norman Realty, Inc.

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1987

Lot Details

  • Lawn

HOA Fees

  • $213 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Assigned Boat Slip
  • Balcony

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-482-09

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Admirals Quarters Condos
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Water Sports
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,466

Year Built

Built in 1987

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1987
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Unit Floor Level: 2
  • Proposed Special Assessment Desc: See Attached Letter
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Split Bedroom
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1017
  • 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
  • Porch: Balcony
  • Appliances: Electric Dryer Hookup, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1017
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Lawn Maintenance, In Ground Pool, Tennis Court(s)
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Lease/License), Boat Slip – Community, Paddlesport Launch Site, Pier - Community
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, RV/Boat Storage, Tennis Court(s), Walking Trails
  • Association Fee: 213.44
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Admirals Quarters
  • Association Name: CSI
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: Lake Access
  • Lot Size Units: Acres
  • Parcel Number: 001-482-09
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: NR

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.17188

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 5, 2022
Sold by
Willes Ii John A and Willes Charis
Bought by
Gibson James R and Gibson Sara A
Seller's Agent
Ashley Towns
Lake Norman Realty, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$278,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,456
Avg. Annual Appreciation
8.98%
Original Mortgage
$140,000
Outstanding Balance
$128,926
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$149,530
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
Gibson James R $200,000 Nixon Firm Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson James R $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $200,000 -4.8% $197 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $210,000 0.0% $206 / Sq Ft
04/02/2012 04/02/12 Rented $825 +3.1% --
03/03/2012 03/03/12 Under Contract -- -- --
02/09/2012 02/09/12 For Rent $800 -- --
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 $1,466 $215,909 -- $215,909
2024 $1,466 $215,909 -- $215,909
2023 $1,440 $215,909 $0 $215,909
2022 $1,561 $179,200 $0 $179,200
2021 $1,543 $179,200 $0 $179,200
2020 $1,543 $179,200 $0 $179,200
2019 $1,537 $179,200 $0 $179,200
2018 $1,357 $123,300 $40,000 $83,300
2017 $1,344 $123,300 $40,000 $83,300
2016 $1,341 $123,300 $40,000 $83,300
2015 $1,319 $123,300 $40,000 $83,300
2014 $1,317 $123,300 $40,000 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3802462

Canopy MLS (Canopy Realtor® Association)

APN: 001-482-09