NOT LISTED FOR SALE

18832 Flat Shoals Dr Cornelius, NC 28031

Estimated Value: $1,088,000 - $1,469,000

5 Beds
3.5 Baths
3,570 Sq Ft
$365/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2020

Last sale price $749,000 $210 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,539 / mo

148 Days on Market

Highlights

  • Pier or Dock
  • Golf Course Community
  • Community Lake
  • Bailey Middle School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of October 2020

No showings until Sunday 8/30. The Peninsula, only a few blocks from The Yacht Club, this meticulously maintained home is move-in ready. With a fresh coat of paint inside and out, a new roof and updates throughout, there is nothing left to be done. The master is on the main level with new hardwood floors, custom closets and updated master bath. The kitchen is built for entertaining with granite counters, new stainless steel Thermador appliances and plenty of windows overlooking a private backyard. Breakfast nook, countertop bar and sitting area off the kitchen provide ample room. Upstairs has 4 bedrooms with an additional bonus space, 9ft ceilings and new carpet. A 3-car garage provides ample space for everything an off-lake home requires. Backyard has plenty of room for a pool with tree removal already approved. New roof was installed in 2019. If you're looking for a property with a great backyard and space inside for everyone, this is it! Please check out the virtual tour.

Last Agent to Sell the Property

Jennifer Bright

Premier Properties of the Carolinas License #87946 Listed on: 04/03/2020

Last Buyer's Agent

Catherine Taylor

Howard Hanna Allen Tate Lake Norman License #243034

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 86x247x89x259
  • Irrigation
  • Zoning described as GR

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Family Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-806-27

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114
  • The Peninsula Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0.52 Acres

HOA Fees

$102 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1998
  • Ratio Current Price By Acre: 1432122.37
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Finished, Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2161
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 660
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 760
  • Sq Ft Unheated Upper: 100
  • Sq Ft Upper: 1409
  • Appliances: Cable Prewire, Ceiling Fan(s), Convection Oven, Gas Cooktop, Dishwasher, Disposal, Exhaust Hood, Microwave, Natural Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Living Area: 3570
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Pier - Community
  • Construction Type: Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Playground, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 612
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 001-806-27
  • Lot Size: 86x247x89x259
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.15319

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Oct 2, 2020
Sold by
Alexander Steven D and Campos Susie J
Bought by
Sclafani Evan A and Moore Annah M
Seller's Agent
Jennifer Bright
Premier Properties of the Carolinas
Buyer's Agent
Catherine Taylor
Howard Hanna Allen Tate Lake Norman
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,303,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,222
Avg. Annual Appreciation
10.44%
Original Mortgage
$599,200
Outstanding Balance
$532,956
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$770,266

Purchase Details

Closed on
Aug 23, 2016
Sold by
Admire Thomas R and Admire Erica S
Bought by
Alexander Steven D and Campos Susic J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Banducci David J and Banducci Rena K
Bought by
Admire Thomas R and Admire Erica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Alessi Timothy A and Alessi Cheryl A
Bought by
Banducci David J and Banducci Rena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1998
Sold by
Dienst Jocelyn Custom Homes Llc
Bought by
Alessi Timothy A and Alessi Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,400
Interest Rate
6.58%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sclafani Evan A $749,000 Chicago Title
Alexander Steven D $660,000 Meridian Title
Admire Thomas R $590,000 Title Company Of Nc
Banducci David J $662,000 None Available
Alessi Timothy A $425,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sclafani Evan A $599,200
Previous Owner Alexander Steven D $528,000
Previous Owner Admire Thomas R $416,000
Previous Owner Banducci David J $529,600
Previous Owner Alessi Timothy A $340,400
Closed Alessi Timothy A $42,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $749,000 0.0% $210 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $749,000 0.0% $210 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $749,000 -1.3% $210 / Sq Ft
06/20/2020 06/20/20 Price Changed $759,000 -5.1% $213 / Sq Ft
05/27/2020 05/27/20 Price Changed $799,900 -0.6% $224 / Sq Ft
04/03/2020 04/03/20 For Sale $804,900 -- $225 / Sq Ft
Source: Canopy MLS

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 $6,902 $1,044,300 $300,000 $744,300
2024 $6,902 $1,044,300 $300,000 $744,300
2023 $6,793 $1,044,300 $300,000 $744,300
2022 $5,608 $656,000 $215,000 $441,000
2021 $5,543 $656,000 $215,000 $441,000
2020 $5,488 $649,500 $215,000 $434,500
2019 $5,482 $649,500 $215,000 $434,500
2018 $5,807 $536,000 $175,000 $361,000
2017 $5,763 $536,000 $175,000 $361,000
2016 $5,759 $536,000 $175,000 $361,000
2015 $5,676 $536,000 $175,000 $361,000
2014 $5,674 $536,000 $175,000 $361,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3609515

Canopy MLS

APN: 001-806-27

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