NOT LISTED FOR SALE

18824 Nautical Dr Unit 27 Cornelius, NC 28031

Estimated Value: $379,803 - $390,000

2 Beds
2 Baths
1,085 Sq Ft
4.16 Acres

Last Sold September 24, 2021

Last sale price $335,000 $309 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,217/month

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Bailey Middle School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2024

Condo building with ELEVATOR to this beautifully updated 3rd floor penthouse condo unit. Updated kitchen and bathrooms with granite countertops, vanities, lighting, tile, and fixtures. Newer flooring throughout. Vaulted ceilings in Great room and primary bedroom. Gas log fireplace. In unit washer and dryer. Enjoy the pool, fitness room, and tennis/pickle ball court. Community amenities also include a clubhouse, marina, launch areas for kayaking and paddle boarding, and pond with walking trail. Community also features a storage lot. On occasion garages and boat slips are available for rent. Only condo complex in Cornelius on Catawba Ave with a traffic light. Deck overlooks pool, clubhouse and pond. The owner’s minimum requirements to process an application for potential tenants are NO PETS, NO SMOKING, and a FICO no less than 700. Application will request background checks and references as part of tenant selection process. Minimum lease term of 1 year. 2 year lease term preferred.

Last Agent to Rent the Property

Jack Beckman

Southern Homes of the Carolinas, Inc Brokerage Email: jackwbeckman@gmail.com License #283036 Listed on: 06/29/2024

Last Renter's Agent

Non Member

Canopy Administration

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1999

Lot Details

  • Front Green Space
  • Wooded Lot

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Slab Foundation

Interior Spaces

  • 1,085 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Pond
  • Covered Patio or Porch
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,900
  • Property Available on 7/1/24
  • Tenant pays for all utilities, electricity, gas
  • Assessor Parcel Number 001-489-27

Community Details

Overview

  • Schooner Bay Condos
  • Admirals Quarters Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,185

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Smoking Allowed Yn: 0
  • Lease Term: Other - See Remarks
  • Available Date: 2024-07-01
  • Security Deposit: 1900
  • Application Fee: 0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.75
  • Property Sub Type Additional: Other
  • Geocode Confidence: High
  • Attribution Contact: jackwbeckman@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Cable Prewire, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1085
  • 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
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1085
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room
  • Living Area: 1085
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Roof: Shingle
  • Pool Features: In Ground, Outdoor Pool – Community
  • View: Water, Year Round
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Picnic Area, Playground, Pond, Recreation Area, Sidewalks, Tennis Court(s)
  • Complex Name: Schooner Bay
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Green Area, Pond(s), Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 001-489-27
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Sep 24, 2021
Sold by
Logan Arthur S
Bought by
Tibbetts Michael R and Tibbetts Marilynn A
Seller's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
Buyer's Agent
Connie Hughes
Ameridream Realty Inc
Sold Price
$1,750
Current Estimated Value
$386,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,451
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Higashi Akihiro
Bought by
Logan Arthur S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2000
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Higashi Akihiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,950
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
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
Tibbetts Michael R $335,000 None Available
Logan Arthur S $129,000 None Available
Higashi Akihiro $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Logan Arthur S $122,550
Previous Owner Higashi Akihiro $128,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Rented $1,900 0.0% --
09/29/2024 09/29/24 Off Market $1,900 -- --
08/20/2024 08/20/24 Price Changed $1,900 -1.3% $2 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,925 -1.3% $2 / Sq Ft
06/29/2024 06/29/24 For Rent $1,950 +11.4% --
11/15/2021 11/15/21 Rented $1,750 0.0% --
10/07/2021 10/07/21 For Rent $1,750 0.0% --
09/24/2021 09/24/21 Sold $335,000 -2.9% $309 / Sq Ft View Prior Sale
09/14/2021 09/14/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $345,000 -- $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 $2,185 $325,454 -- $325,454
2024 $2,185 $325,454 -- $325,454
2023 $2,148 $325,454 $0 $325,454
2022 $1,646 $189,300 $0 $189,300
2021 $1,628 $189,300 $0 $189,300
2020 $1,628 $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: 4156399

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-27