NOT LISTED FOR SALE

18824 Nautical Dr Unit 28 Cornelius, NC 28031

Estimated Value: $367,168 - $396,000

2 Beds
2 Baths
1,069 Sq Ft
$301/mo HOA Fee

Last Sold September 22, 2023

Last sale price $399,000 $373 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,498/month

2 Days on Market

Highlights

  • Water Views
  • Assigned Boat Slip
  • Fitness Center
  • Bailey Middle School Rated A-
  • Access To Lake
  • In Ground Pool

About This Home

As of September 2023

Resort living at the lake with a ground floor updated condo in an elevator building.Walk out the back door to paradise:the pool, pond, boat slips & views of Lake Norman.Sellers are leaving a foldable kayak for the new buyers enjoyment.Kitchen completely renovated w/new cabinets & quartz countertops & a breakfast bar in 2020.New stainless steel appliances & a builtin cabinet with pull out shelves for the pantry. Laundry room has a new cabinet installed.The family room has a fireplace with gas logs & a built in cabinet. wo full bathrooms with new vanities & toilets.Covered back patio for grilling and entertaining.Split bedroom plan.Front bedroom has sound proofing installed over the double windows.Primary bedroom has sound proofing on interior bedroom wall.Gas water heater. Nest thermostat.Small dogs under 30 lbs are permitted.Sellers leaving doggie door for the back patio door. Ten foot ceilings.Boat slips & garages are occasionally available for lease.Seller paid HOA assessment.

Last Agent to Sell the Property

Lucy Drake

Keller Williams Ballantyne Area Brokerage Email: lucy@lucydrake.com License #264544 Listed on: 06/03/2023

Keller Williams Ballantyne Area

Last Buyer's Agent

Amy Petrenko

Premier Sotheby's International Realty License #289896

Premier Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1999

Lot Details

  • Lawn

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,069 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Sliding Doors
  • Family Room with Fireplace
  • Vinyl Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Assigned Boat Slip
  • Pond
  • Covered Patio or Porch

Schools

  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-489-28

Community Details

Overview

  • Admirals Quarters Association, Phone Number (704) 905-1584
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,051

Year Built

Built in 1999

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 1
  • Restrictions Description: Dog
  • Special Assessment Description: improvements
  • Proposed Special Assessment Desc: Paid by Sellers
  • Second Living Quarters: None
  • Road Surface Type: Asphalt
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 373.25
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: lucy@lucydrake.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1069
  • 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, Electric Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1069
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Family Room
  • Living Area: 1069
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance, Tennis Court(s)
  • New Construction: No
  • Construction Type: Site Built
  • Pool Features: In Ground
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Boat Slip (Lease/License), Dock, Paddlesport Launch Site - Community
  • Exclusions: none
  • Construction Type: Hardboard Siding
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Lot, Parking Space(s)
  • Assigned Spaces: 0

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Fitness Center, Lake Access, Playground, Pond, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 300.95
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Admirals Quarters
  • Phone: 704-905-1584

Association/Amenities

  • Association Annual Expense: 3611.40

Schools

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

Lot Info

  • Parcel Number: 001-489-28
  • Zoning: NR
  • Land Included Yn: 0
  • Horse Amenities: None
  • Zoning Specification: NR

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Sep 22, 2023
Sold by
Mcintyre Britnee Reagan
Bought by
Sellers Sara Miller
Seller's Agent
Lucy Drake
Keller Williams Ballantyne Area
Buyer's Agent
Amy Petrenko
Premier Sotheby's International Realty
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Views
186
Current Estimated Value
$384,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,708
Avg. Annual Appreciation
-1.73%

Purchase Details

Closed on
Oct 8, 2021
Sold by
Mcintyre Britnee Reagan
Bought by
Mcintyre Britnee Reagan and Sloan Donna M

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 23, 2020
Sold by
Kelley Krista
Bought by
Mcintyre Britnee Reagan
Seller's Agent
David DiGioia
Century 21 DiGioia Realty
Buyer's Agent
Lucy Drake
Keller Williams Ballantyne Area
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$230,175
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 2019
Sold by
Kelley Jerry
Bought by
Kelley Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 17, 2017
Sold by
Malton Robert A
Bought by
Kelley Jerry
Seller's Agent
Terri Lombardo
ERA Live Moore
Buyer's Agent
David DiGioia
Century 21 DiGioia Realty
List Price
$149,900
Sold Price
$145,750
Premium/Discount to List
-$4,150
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$106,875
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Gentile Michael
Bought by
Malton Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Gentile Michael
Source: Public Records

Range of Values:

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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
Sellers Sara Miller $399,000 None Listed On Document
Sellers Sara Miller $399,000 None Listed On Document
Mcintyre Britnee Reagan -- None Available
Mcintyre Britnee Reagan $225,000 Morehead Title Company
Kelley Krista $199,000 Venture Title Llc
Kelley Jerry $146,000 None Available
Malton Robert A $123,000 --
Gentile Michael $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcintyre Britnee Reagan $230,175
Previous Owner Kelley Krista $169,200
Previous Owner Kelley Jerry $106,875
Previous Owner Malton Robert A $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $399,000 0.0% $373 / Sq Ft
06/06/2023 06/06/23 Price Changed $399,000 -6.1% $373 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $425,000 +88.9% $398 / Sq Ft
01/24/2020 01/24/20 Sold $225,000 0.0% $210 / Sq Ft View Prior Sale
01/06/2020 01/06/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $225,000 +54.4% $210 / Sq Ft
03/21/2017 03/21/17 Sold $145,750 -2.8% $127 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $149,900 -- $130 / 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 $2,051 $304,978 -- $304,978
2024 $2,051 $304,978 -- $304,978
2023 $2,051 $304,978 $0 $304,978
2022 $1,646 $189,300 $0 $189,300
2021 $1,588 $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: 4037086

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-28