NOT LISTED FOR SALE

18824 Nautical Dr Cornelius, NC 28031

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

2 Beds
2 Baths
1,100 Sq Ft
$325/mo HOA Fee

Last Sold June 29, 2023

Last sale price $360,000 $327 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,490/month

19 Days on Market

Highlights

  • Fitness Center
  • RV or Boat Storage in Community
  • Deck
  • Bailey Middle School Rated A-
  • Clubhouse
  • Pond

About This Home

As of June 2023

Fabulous top floor condo with building elevator! This lovely home overlooks the pool and pond which overlooks Lake Norman. Beautiful home features vaulted ceilings which makes for an open and airy feel. Cozy gas log fireplace in the great room. Open kitchen and dining room area. Large Primary suite with dual closets. Primary bathroom features dual vanities. Sit out on your covered back patio for hours enjoying the views! It doesn't get more relaxing than this! The Admirals Quarters community has fantastic amenities that include: Club House, Outdool Pool, Tennis Courts, Sauna, Fitness Center, Playground, Gazebo, Walking Trails, Recreation Areas and Day Boatslip! The location is superb with Birkdale and downtown Cornelius down the street. Don't forget the new Cain Arts Center in Cornelius! Shopping, Restaurants, Parks and Schools all close by. Kings Point Marina is nextdoor if you have a boat. HOA pays for basic cable, water/sewer & trash. Lake Norman Living at its finest!

Last Agent to Sell the Property

Summer Robinson Tabor

Lake Norman Realty, Inc Brokerage Email: LakeNormanSummer@aol.com License #193784 Listed on: 05/11/2023

Lake Norman Realty, Inc

Co-Listed By

Lance Armstrong

Lake Norman Realty, Inc Brokerage Email: LakeNormanSummer@aol.com License #189378

Last Buyer's Agent

Liana Matheney

Berkshire Hathaway HomeServices Carolinas Realty License #250209

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1999

Lot Details

  • 4.16

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Slab Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001-489-33

Community Details

Overview

  • Admirals Quarters Association
  • Admirals Quarters Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1999

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Special Assessment Yn: 1
  • Special Assessment Description: 3999.00
  • Proposed Special Assessment Desc: Seller to pay, New railings & plumbing
  • Road Surface Type: Asphalt
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 327.27
  • Geocode Confidence: High
  • Attribution Contact: LakeNormanSummer@aol.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1100
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1100
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1100
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Paddlesport Launch Site - Community
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio

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: Laundry Room
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Fitness Center, Outdoor Pool, Pond, RV/Boat Storage, Street Lights, Tennis Court(s)
  • Association Fee: 325.36
  • Association Fee Frequency: Monthly
  • Complex Name: Admirals Quarters
  • Senior Community: No
  • Association Name: Admirals Quarters
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3904.32

Schools

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

Lot Info

  • Lot Features: Pond(s), Views
  • Parcel Number: 001-489-33
  • Zoning: NR
  • Land Included Yn: 0
  • Zoning Specification: NR

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Ctrrr Llc
Bought by
Storment Jim A and Storment Karon L
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.
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

Closed on
Jul 6, 2022
Sold by
Southern Horizon Enterprises Llc
Bought by
Heather Fitch Melody Morgan-Fox Andluxe Empir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
06/29/2023 06/29/23 Sold $360,000 -4.0% $327 / Sq Ft
05/11/2023 05/11/23 For Sale $375,000 0.0% $341 / Sq Ft
09/11/2021 09/11/21 Rented $3,500 0.0% --
09/06/2021 09/06/21 For Rent $3,500 +141.4% --
05/21/2019 05/21/19 Rented -- -- --
04/12/2019 04/12/19 For Rent $1,450 -- --
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: 4028875

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-32