NOT LISTED FOR SALE

18828 Silver Quay Dr Unit 17 Cornelius, NC 28031

Estimated Value: $367,046 - $453,000

3 Beds
2.5 Baths
1,424 Sq Ft
$232/mo HOA Fee

Last Sold September 21, 2020

Last sale price $271,500 $191 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,543/month

1 Day on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Engineered Wood Flooring
  • Bailey Middle School Rated A-
  • Vaulted Ceiling
  • End Unit

About This Home

As of September 2020

Beautiful 3 bedroom end unit townhouse with master on the main! Bright white kitchen completely remodeled with new cabinets, granite tops and new gas range! Breakfast bar and dining area with decorative columns! Spacious great room with 2 sided gas fireplace, built in shelves and hardwood floors! Sliding doors lead to a screened porch and patio! Large master with see thru gas fireplace! Large closet and extra closet for storage. Stunning master bath with walk in tiled shower. 2 bedrooms upstairs with newer carpet! Short walk to the community pool, boat ramp and community boat slips!

Last Agent to Sell the Property

Christy Walker

Keller Williams Lake Norman License #202446 Listed on: 08/17/2020

Keller Williams Lake Norman

Last Buyer's Agent

Tara Massuros Preston

NextHome Choice Realty License #286983

NextHome Choice Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1995

Lot Details

  • End Unit
  • Level Lot

HOA Fees

  • $232 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-483-13

Community Details

Overview

  • Main Street Mgmt Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1995

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.06471
  • Ratio Close Price By Original Li: 1.06471
  • Ratio Current Price By Acre: 6787500.00
  • Ratio Current Price By Sq Ft: 190.66
  • Unit Floor Level: 1
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 459
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Gas Oven, Gas Range, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Flooring: Laminate Tile, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 965
  • Total Sq Ft: 1424

Exterior Features

  • Construction: Cedar Shake, Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 231.50
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: Main Street Mgmt
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Corner Lot, End Unit, Lake Access, Level
  • Parcel Number: 001-483-13
  • Zoning Specification: NR

Tax Info

  • Tax Value: 227000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 18, 2020
Sold by
Cavendish Michael and Christensen Cavendish Mary
Bought by
Wilmot Brenda
Seller's Agent
Christy Walker
Keller Williams Lake Norman
Buyer's Agent
Tara Massuros Preston
NextHome Choice Realty
List Price
$255,000
Sold Price
$271,500
Premium/Discount to List
$16,500
6.47%
Current Estimated Value
$407,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,512
Avg. Annual Appreciation
8.25%
Original Mortgage
$257,925
Outstanding Balance
$183,655
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,357

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 7, 2018
Sold by
Lee Diana
Bought by
Christensen Mary Anne and Christensen Michael
Seller's Agent
Samuel Grogan
Coldwell Banker Realty
Buyer's Agent
Christy Walker
Keller Williams Lake Norman
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Feb 19, 2017
Closed on
Apr 21, 2017
Sold by
Williams Yvonne
Bought by
Lee Diana
Seller's Agent
Jill Galliher
Keller Williams Unified
Buyer's Agent
Samuel Grogan
Coldwell Banker Realty
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$165,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Uttley James L and Uttley Jacqueline A
Bought by
Williams Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Uttley James L and Uttley Jacqueline A
Bought by
Uttley James L and Uttley Jacqueline A

Purchase Details

Closed on
Oct 20, 2009
Sold by
Robinson Richard E and Robinson Carrie L
Bought by
Uttley James L and Uttley Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Frye Greg H and Frye Rita C
Bought by
Robinson Richard E and Robinson Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Gallagher Gordon Fredrick
Bought by
Frye Greg H and Frye Rita C
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
Wilmot Brenda $271,500 Attorneys Title
Christensen Mary Anne $235,000 None Available
Lee Diana $200,000 Master Title Agency
Williams Yvonne $190,000 None Available
Uttley James L -- None Available
Uttley James L $186,500 Chicago Title
Robinson Richard E $150,000 None Available
Frye Greg H $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilmot Brenda $257,925
Previous Owner Lee Diana $165,000
Previous Owner Williams Yvonne $180,500
Previous Owner Uttley James L $116,500
Previous Owner Robinson Richard E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $271,500 +6.5% $191 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $255,000 +8.5% $179 / Sq Ft
06/07/2018 06/07/18 Sold $235,000 -2.0% $165 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $239,900 +20.0% $169 / Sq Ft
04/28/2017 04/28/17 Sold $200,000 -2.4% $141 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
02/19/2017 02/19/17 For Sale $205,000 -- $144 / 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 $2,176 $324,100 $80,000 $244,100
2024 $2,176 $324,100 $80,000 $244,100
2023 $2,139 $324,100 $80,000 $244,100
2022 $1,967 $227,000 $75,000 $152,000
2021 $1,944 $227,000 $75,000 $152,000
2020 $1,944 $227,000 $75,000 $152,000
2019 $1,938 $227,000 $75,000 $152,000
2018 $1,942 $177,600 $54,000 $123,600
2017 $1,926 $177,600 $54,000 $123,600
2016 $1,922 $177,600 $54,000 $123,600
2015 $1,892 $177,600 $54,000 $123,600
2014 $1,890 $177,600 $54,000 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3652036

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-13