NOT LISTED FOR SALE

18819 Flat Shoals Dr Cornelius, NC 28031

Estimated Value: $2,286,000 - $2,800,000

4 Beds
6 Baths
5,212 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $1,470,000 $282 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $16,415/month

23 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Community Lake
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of July 2020

Beautiful Big Water Views A Must SEE!! Custom Waterfront Estate Home, This Three Level Open Floor Plan Has it All, Gourmet Kitchen with Sub-Zero Frig. and a Tremadore Four Burner Stove, Designer Travertine Flooring on the Main Level, Two Fireplaces, Master Suite on the Main Level, Home has a lot of Custom Features Including Large Crown Moldings, Architectural Pillars, Granite Countertops. Lake Level Offers a Custom Bar in the Den, Fireplace and a Large TV Area, with Tons of Storage. Waterfront is Located is a "No Wake Zone" and has one of the Best Water Views on Lake Norman.

Last Agent to Sell the Property

Chris Helgeson

Ivester Jackson Christie's License #229452 Listed on: 05/29/2020

Last Buyer's Agent

Danae Caulfield

LLLUMI Properties License #255560

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Waterfront
  • Corner Lot
  • Open Lot
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Insulated Windows
  • Den with Fireplace
  • Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 001-811-17
  • Tax Block 179

Community Details

Overview

  • Hawthorne Mgmt. Association, Phone Number (704) 377-0114
  • Built by Dienst Custom Homes
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94839
  • Ratio Close Price By Original Li: 0.88554
  • Ratio Current Price By Acre: 2722222.22
  • Ratio Current Price By Sq Ft: 282.04
  • Year Built: 1998
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Basement Fully Finished, Concrete
  • Upper Level Sq Ft: 1192
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Dryer, Ice Maker Connection, Microwave, Natural Gas, Oven, Refrigerator, Security System
  • Fireplace Description: Den, Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Walk-in, Basement Shop, Kitchen Island, Open Floorplan, Pantry, Wet Bar, Whirlpool
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1585
  • Main Level Sq Ft: 2435
  • Total Sq Ft: 5212
  • Sq Ft Unheated Basement: 843
  • Sq Ft Unheated Main: 852
  • Sq Ft Unheated Total: 2442
  • Sq Ft Unheated Upper: 747

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Lake, Playground, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 600.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Mgmt.

Lot Info

  • Lot Dimension: 135x207x76
  • Lot Features: Corner Lot, Cul-de-sac Lot, Lake, Open Lot, Water view, Waterfront
  • Parcel Number: 001-811-17
  • Plat Book Slide: 27912
  • Plat Reference Section Pages: 179
  • Zoning Specification: GR

Building Info

  • Builder Name: Dienst Custom Homes

Tax Info

  • Tax Value: 1459600.00
  • Tax Block: 179
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 22, 2020
Sold by
Perlman Judith A
Bought by
Rath Charles A and Charles A Rath Revocable Trust
Seller's Agent
Chris Helgeson
Ivester Jackson Christie's
Buyer's Agent
Danae Caulfield
LLLUMI Properties
List Price
$1,660,000
Sold Price
$1,470,000
Premium/Discount to List
-$190,000
-11.45%
Current Estimated Value
$2,619,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,229
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Perlman Warren B and Perlman Judith A
Bought by
Perhman Judith A

Purchase Details

Closed on
Nov 5, 2010
Sold by
Fluhme Darryl J and Fluhme Betsy
Bought by
Perlman Warren B and Perlman Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rath Charles A $1,470,000 None Available
Perhman Judith A -- None Available
Perlman Warren B $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perlman Warren B $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $1,470,000 -5.2% $282 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $1,550,000 -6.6% $297 / Sq Ft
05/29/2020 05/29/20 For Sale $1,660,000 -- $318 / 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 -- $2,266,500 $1,173,300 $1,093,200
2024 -- $2,266,500 $1,173,300 $1,093,200
2023 $12,446 $2,266,500 $1,173,300 $1,093,200
2022 $12,446 $1,483,600 $857,400 $626,200
2021 $12,198 $1,454,100 $857,400 $596,700
2020 $12,284 $1,459,600 $857,400 $602,200
2019 $12,278 $1,459,600 $857,400 $602,200
2018 $12,561 $1,162,400 $560,000 $602,400
2017 $12,470 $1,162,400 $560,000 $602,400
2016 $12,466 $1,162,400 $560,000 $602,400
2015 $12,288 $1,162,400 $560,000 $602,400
2014 $12,286 $1,162,400 $560,000 $602,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625617

Canopy MLS (Canopy Realtor® Association)

APN: 001-811-17