NOT LISTED FOR SALE

18824 Nautical Dr Unit 32 Cornelius, NC 28031

Estimated Value: $348,276 - $416,000

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

Last Sold July 05, 2024

Last sale price $345,000 $323 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,466/month

98 Days on Market

Highlights

  • Water Views
  • Pier or Dock
  • Clubhouse
  • Bailey Middle School Rated A-
  • Access To Lake
  • Traditional Architecture

About This Home

As of July 2024

Completely renovated Condo! This is a 2 bed 2 bath unit! Amazing location, with easy access, to shopping, and dining. This unit is better than new. Renovations include stainless steel appliances, quartz counter tops, refinished cabinets, a backsplash, and brushed gold fixtures in the kitchen! Hardwood, and premium carpet finish off the flooring. The bathrooms boast quartz counter tops, new fixtures, and custom tiled showers! Fresh paint throughout complete this renovation. Truly move in ready, This unit is located just over the pool, also offering a view of the fountain, and lake Norman.

Last Agent to Sell the Property

Travis Mercer

Sycamore Properties Inc Brokerage Email: SycamorepropertiesTravis@gmail.com License #250141 Listed on: 02/20/2024

Last Buyer's Agent

Bobby Sisk

Nestlewood Realty, LLC License #274388

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1999

Lot Details

  • 4.16

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Laundry closet

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake

Schools

  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 001-489-32

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Mid-Rise Condominium
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1999

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1999
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 322.73
  • Property Sub Type Additional: Mid-Rise
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: SycamorepropertiesTravis@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • 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: 101
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 101
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
  • Above Grade Finished Sq Ft: 1069
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1069
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Hardboard Siding

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake Access, Outdoor Pool, Picnic Area, Recreation Area, Other
  • Association Fee: 300.95
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Main Street Management
  • Phone: 704-255-1266
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3611.40

Schools

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

Lot Info

  • Parcel Number: 001-489-32
  • Zoning: NR
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Specification: NR

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jul 11, 2024
Sold by
Ctrrr Llc
Bought by
Storment Jim A and Storment Karon L
Seller's Agent
Travis Mercer
Sycamore Properties Inc
Buyer's Agent
Bobby Sisk
Nestlewood Realty, LLC
List Price
$374,990
Sold Price
$345,000
Premium/Discount to List
-$29,990
-8%
Views
121
Current Estimated Value
$378,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,069
Avg. Annual Appreciation
7.18%
Original Mortgage
$345,000
Outstanding Balance
$340,603
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$37,466

Purchase Details

Closed on
Jan 3, 2024
Sold by
Tomchin R Gregory
Bought by
Ctrrr Llc and Morgan-Fox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,704
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 6, 2022
Sold by
Southern Horizon Enterprises Llc
Bought by
Heather Fitch Melody Morgan-Fox Andluxe Empir
Seller's Agent
Brigitte Perry
Southern Homes of the Carolinas, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$263,500
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2014
Sold by
S & P Partners Llc
Bought by
Southern Horizon Enterprises Llc

Purchase Details

Closed on
Apr 2, 2012
Sold by
Beacham Randy
Bought by
S & P Partners Llc

Purchase Details

Closed on
Feb 9, 2007
Sold by
Reep Joshua E and Reep Marian G
Bought by
Beacham Randy

Purchase Details

Closed on
Mar 3, 2004
Sold by
C & N Investments
Bought by
Reep Joshua E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Storment Jim A $345,000 None Listed On Document
Ctrrr Llc $317,000 Accommodation/Courtesy Recordi
Heather Fitch Melody Morgan-Fox Andluxe Empir $310,000 Kimberly E Fox Pllc
Southern Horizon Enterprises Llc $143,500 None Available
S & P Partners Llc $85,000 None Available
Beacham Randy $205,000 None Available
Reep Joshua E $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storment Jim A $345,000
Previous Owner Ctrrr Llc $221,704
Previous Owner Heather Fitch Melody Morgan-Fox Andluxe Empir $263,500
Previous Owner Reep Joshua E $95,000
Closed Reep Joshua E $13,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2024 07/05/24 Sold $345,000 -2.8% $323 / Sq Ft
05/24/2024 05/24/24 Price Changed $354,990 -1.4% $332 / Sq Ft
05/07/2024 05/07/24 Price Changed $359,990 -2.7% $337 / Sq Ft
04/26/2024 04/26/24 Price Changed $369,990 -1.3% $346 / Sq Ft
04/17/2024 04/17/24 Price Changed $374,990 0.0% $351 / Sq Ft
04/17/2024 04/17/24 For Sale $374,990 +8.7% $351 / Sq Ft
04/15/2024 04/15/24 Off Market $345,000 -- --
03/20/2024 03/20/24 Price Changed $379,990 -1.3% $355 / Sq Ft
02/20/2024 02/20/24 For Sale $384,990 +24.2% $360 / Sq Ft
07/20/2022 07/20/22 Sold $310,000 -7.5% $293 / Sq Ft View Prior Sale
06/14/2022 06/14/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $335,000 0.0% $316 / Sq Ft
02/13/2020 02/13/20 For Rent $1,300 0.0% --
02/15/2019 02/15/19 Rented $1,300 +4.0% --
04/06/2018 04/06/18 Rented $1,250 -2.3% --
04/04/2018 04/04/18 Under Contract -- -- --
03/12/2018 03/12/18 For Rent $1,280 -- --
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: 4111119

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-32