NOT LISTED FOR SALE

18824 Nautical Dr Unit 26 Cornelius, NC 28031

Estimated Value: $348,301 - $387,000

2 Beds
2 Baths
1,082 Sq Ft
4.16 Acres

Last Sold January 06, 2020

Last sale price $240,000 $222 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,152/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Deck

About This Home

As of April 2022

Welcome to Lake Norman! This FULLY FURNISHED condo is a hidden gem you will not want to miss out on! Easy elevator access as well as numerous community amenities and features. The kitchen features white cabinets, granite countertops, tile backsplash, and stainless steel appliances. The abundance of natural light brings comfort to the beautiful and cozy layout. Read a book or enjoy outdoor time on the covered patio balcony. Come enjoy prime lake living year-round! You have access to a community dock, private beach access, kayak/paddle boat launch areas, and breathtaking views of Lake Norman, plus the community pool, tennis court and more! Experience countless activities on the lake and the convenience of being within close proximity to I-77, cocktail bars, water-front restaurants, and Birkdale Shopping Centers. Make this your new home today!

Last Agent to Rent the Property

Crystal Ratcliff

Castle Gate Real Estate Group LLC License #279908 Listed on: 02/18/2022

Last Renter's Agent

Angela Kirsch

Keller Williams Lake Norman License #292492

Keller Williams Lake Norman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1999

Lot Details

  • Wooded Lot
  • Lawn

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,082 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Storage Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 2/19/22
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 001-489-26

Community Details

Overview

  • Admirals Quarters Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Deposit $300

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Furnished
  • Pets Allowed: Conditional
  • Pet Deposit: 300
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2022-02-19

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 1999
  • Ratio Current Price By Acre: 31700.00
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: Condominium
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Breakfast Bar, Built Ins, Cable Available, Open Floorplan, Split Bedroom, Storage Unit, Tray Ceiling, Walk-In Closet(s)
  • Main Level Sq Ft: 1082
  • Porch: Back,Balcony,Covered,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Exhaust Fan, Plumbed For Ice Maker, Microwave, Natural Gas, Self Cleaning Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1082
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1082
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance
  • Roof: Shingle
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Dock

Garage/Parking

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

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, Playground, Pond, Recreation Area, Sidewalks, Street Lights, Tennis Court(s)

Schools

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

Lot Info

  • Lot Features: Lake Access, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 001-489-26
  • Zoning Description: NR

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
Oct 6, 2019
Closed on
Jan 6, 2020
Sold by
Slade Vicki L and Slade James T
Bought by
Powys Melony
Seller's Agent
Debi Gallo
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jules King
NextHome Choice Realty
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Current Estimated Value
$375,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,575
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Simmons David L and Simmons Jennifer M
Bought by
Slade Vicki L

Purchase Details

Closed on
Apr 14, 2000
Sold by
Cox Charles L and Cox Nora A
Bought by
Simmons David L and Simmons Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,450
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1999
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Cox Charles L and Cox Nora A
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
Powys Melony $240,000 None Available
Slade Vicki L $136,000 --
Simmons David L $131,000 --
Cox Charles L $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons David L $124,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Rented $3,170 +5.7% --
04/04/2022 04/04/22 Price Changed $3,000 -10.4% $3 / Sq Ft
03/21/2022 03/21/22 Price Changed $3,350 -1.5% $3 / Sq Ft
02/19/2022 02/19/22 For Rent $3,400 0.0% --
02/18/2022 02/18/22 For Rent $3,400 0.0% --
02/17/2022 02/17/22 For Rent $3,400 0.0% --
02/16/2022 02/16/22 For Rent $3,400 0.0% --
01/06/2020 01/06/20 Sold $240,000 -3.6% $222 / Sq Ft View Prior Sale
11/24/2019 11/24/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $249,000 -3.9% $230 / Sq Ft
10/26/2019 10/26/19 Price Changed $259,000 -3.7% $239 / Sq Ft
10/06/2019 10/06/19 For Sale $269,000 -- $249 / 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 $2,076 $308,779 -- $308,779
2024 $2,076 $308,779 -- $308,779
2023 $2,040 $308,779 $0 $308,779
2022 $1,646 $189,300 $0 $189,300
2021 $1,628 $189,300 $0 $189,300
2020 $1,588 $189,300 $0 $189,300
2019 $1,622 $189,300 $0 $189,300
2018 $1,499 $136,500 $42,500 $94,000
2017 $1,486 $136,500 $42,500 $94,000
2016 $1,482 $136,500 $42,500 $94,000
2015 $1,458 $136,500 $42,500 $94,000
2014 $1,456 $136,500 $42,500 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3830530

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-26