NOT LISTED FOR SALE

18827 Flat Shoals Dr Cornelius, NC 28031

Estimated Value: $1,741,891 - $2,217,000

4 Beds
3.5 Baths
5,392 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $1,070,000 $198 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $11,301/month

109 Days on Market

Highlights

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

About This Home

As of August 2018

Step into luxury in this classic and timeless New England Farmhouse in Lake Norman’s prestigious country club neighborhood, The Peninsula. Design and built by award winning contractor and owner E S Johnson Builders. The heart of this home features 2-story family room with it’s 400 year old, roughhewn mantel sitting atop meadow rock fireplace. Open to professional grade chef’s kitchen where no expense has been spared in it’s outfitting. First floor Master Suite and Luxury Bath serve as owners private retreat. Media/Billiards/Recreation is located off secondary staircase; equipped with bar, surround sound, fireplace - perfect space for entertaining. Solid 4’’ premium hardwoods, 40 year roof, quartz countertops, slate drop zone, coffered ceilings, true pane Pella windows, 3rd floor multipurpose space, craft room, built ins galore...incredible attention to detail. ACC has issued preliminary approval for pool addition. One-of-a-kind home, crafted to last a lifetime.

Last Agent to Sell the Property

Gretel Howell

Howard Hanna Allen Tate Lake Norman License #252117 Listed on: 03/30/2018

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Kim Wilson

Keller Williams Lake Norman License #172060

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Bonus Room with Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-811-53
  • Tax Block 880

Community Details

Overview

  • Hawthorne Management Association
  • Built by E.S. Johnson
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Ratio Close Price By List Price: 0.97361
  • Ratio Close Price By Original Li: 0.93531
  • Ratio Current Price By Acre: 2590799.03
  • Ratio Current Price By Sq Ft: 198.44
  • Year Built: 2006
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2407
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, CO Detector, Cooktop Gas, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Fireplace Description: Bonus Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 380
  • Main Level Sq Ft: 2395
  • Third Level Sq Ft: 590
  • Total Sq Ft: 5392
  • Sq Ft Unheated Main: 764
  • Sq Ft Unheated Third: 500
  • Sq Ft Unheated Total: 1264

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 100x178x88x173
  • Lot Features: Corner Lot, Level, Private
  • Parcel Number: 001-811-53
  • Plat Book Slide: 27
  • Plat Reference Section Pages: 970
  • Zoning Specification: GR

Building Info

  • Builder Name: E.S. Johnson

Tax Info

  • Tax Value: 811600.00
  • Tax Block: 880
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Aug 7, 2018
Sold by
Johnson Eric S and Johnson Tammy
Bought by
Mason Robert C and Mason Tiffany L
Seller's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$1,144,000
Sold Price
$1,070,000
Premium/Discount to List
-$74,000
-6.47%
Current Estimated Value
$1,996,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$926,473
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
May 8, 2006
Sold by
E S Johnson Builders Llc
Bought by
Johnson Eric S and Johnson Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Mason Robert C $1,070,000 South City Title Co
Johnson Eric S $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Eric S $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $1,070,000 -2.6% $198 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
05/05/2018 05/05/18 Price Changed $1,099,000 -3.9% $204 / Sq Ft
03/30/2018 03/30/18 For Sale $1,144,000 -- $212 / 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 $9,110 $1,380,700 $300,000 $1,080,700
2024 $9,110 $1,380,700 $300,000 $1,080,700
2023 $8,967 $1,380,700 $300,000 $1,080,700
2022 $7,206 $844,200 $215,000 $629,200
2021 $7,121 $844,200 $215,000 $629,200
2020 $7,121 $803,100 $215,000 $588,100
2019 $6,771 $803,100 $215,000 $588,100
2018 $8,778 $811,600 $175,000 $636,600
2017 $8,714 $811,600 $175,000 $636,600
2016 $8,710 $811,600 $175,000 $636,600
2015 $8,585 $811,600 $175,000 $636,600
2014 $8,583 $811,600 $175,000 $636,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3370734

Canopy MLS (Canopy Realtor® Association)

APN: 001-811-53