NOT LISTED FOR SALE

18832 Nautical Dr Unit 38 Cornelius, NC 28031

Estimated Value: $331,000 - $364,000

2 Beds
2 Baths
1,100 Sq Ft
181,253 Sq Ft Lot

Last Sold February 20, 2023

Last sale price $338,500 $308 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,998/month

Highlights

  • Assigned Boat Slip
  • Access To Lake
  • RV or Boat Storage in Community
  • Bailey Middle School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of May 2023

Beautifully updated END UNIT condo with ELEVATOR and LAKE ACCESS in the highly desired waterfront community of Admirals Quarters! Launch your paddleboard or kayak from the comm beach area. If you're into boating, boat slip w/lift possibly avail for an add'l charge. While off the lake, enjoy all this 2 bed 2 full bath condo has to offer with a bright and open floorplan. Updated kitchen w/ quartz countertops. New appliances. Refrig/freezer, washer and dryer brand new 3/23. Freshly painted. New LVP flooring. Bathrooms finished in new tile flooring and tiled tub & shower surround. New vanity tops. Add'l comm amenities incl Pool, Clubhouse, WF Gazebo, Pond with aesthetic Fountains, Walking Path around the pond, Tennis/Pickleball court, Playground, and Rec area. With Admirals Quarters' great central location in Cornelius you're just minutes to parks, shopping, restaurants, entertainment, Cain Center for The Arts in OTC (Old Town Cornelius), Birkdale Village, Davidson, and I-77 to Charlotte.

Last Agent to Rent the Property

Jack Beckman

Southern Homes of the Carolinas, Inc License #283036 Listed on: 03/16/2023

Last Renter's Agent

Non Member

Canopy Administration

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • Lawn

Parking

  • 2 Open Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Gas Log Fireplace
  • Great Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Access To Lake
  • Assigned Boat Slip
  • Pond
  • Deck
  • Covered Patio or Porch
  • Gazebo

Schools

  • J.V. Washam Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,850
  • Property Available on 4/1/23
  • Tenant pays for all except water
  • Assessor Parcel Number 001-489-38

Community Details

Overview

  • Mid-Rise Condominium
  • Schooner Bay Condos
  • Admirals Quarters Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Condo Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

4.16 Acres

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Smoking Allowed Yn: 0
  • Lease Term: Multi-Year
  • Available Date: 2023-04-01
  • Security Deposit: 1850

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.68
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Main Level Sq Ft: 1100
  • Sq Ft Unheated Total: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1100
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Unvented, Great Room
  • Living Area: 1100
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance
  • Roof: Shingle
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip (Lease/License), Paddlesport Launch Site - Community
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)
  • Assigned Spaces: 0

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Lake Access, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage, Sidewalks, Tennis Court(s), Walking Trails
  • Complex Name: Schooner Bay
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 001-489-38
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NR

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 16, 2023
Sold by
Bonace Family Preservation Trust
Bought by
Tibbetts Michael R and Tibbetts Marilynn A
Seller's Agent
Natalya Keene
Sell4Max Realty
Buyer's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
List Price
$338,500
Sold Price
$338,500
Current Estimated Value
$350,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,503
Avg. Annual Appreciation
1.09%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Bonace Michael J and Bonace Melissa H
Bought by
Hines C Ja and The Bonace Family Trust

Purchase Details

Closed on
Aug 20, 2007
Sold by
Stadter Eric and Stadter Laura P
Bought by
Bonace Michael J and Bonace Melissa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,920
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Pejsa Brad A and Pejsa Laura C
Bought by
Stridiron Laura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1999
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Pejsa Brad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Tibbetts Michael R $338,500 --
Hines C Ja -- None Available
Bonace Michael J $192,500 Investors Title Insurance
Stridiron Laura P $120,000 --
Pejsa Brad A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonace Michael J $153,920
Previous Owner Stridiron Laura P $95,600
Previous Owner Pejsa Brad A $85,000
Closed Stridiron Laura P $17,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Rented $1,850 0.0% --
03/16/2023 03/16/23 For Rent $1,850 0.0% --
02/20/2023 02/20/23 Sold $338,500 0.0% $308 / Sq Ft View Prior Sale
01/31/2023 01/31/23 For Sale $338,500 0.0% $308 / Sq Ft
04/13/2020 04/13/20 Rented $1,300 0.0% --
03/06/2020 03/06/20 For Rent $1,300 +26.8% --
05/01/2015 05/01/15 Rented $1,025 0.0% --
04/16/2015 04/16/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $1,025 +7.9% --
02/12/2013 02/12/13 Rented $950 0.0% --
01/13/2013 01/13/13 Under Contract -- -- --
10/02/2012 10/02/12 For Rent $950 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,107 $313,534 -- $313,534
2024 $2,107 $313,534 -- $313,534
2023 $2,071 $313,534 $0 $313,534
2022 $1,665 $191,500 $0 $191,500
2021 $1,646 $191,500 $0 $191,500
2020 $1,646 $191,500 $0 $191,500
2019 $1,640 $191,500 $0 $191,500
2018 $1,512 $137,700 $42,500 $95,200
2017 $1,498 $137,700 $42,500 $95,200
2016 $1,495 $137,700 $42,500 $95,200
2015 $1,471 $137,700 $42,500 $95,200
2014 $1,469 $137,700 $42,500 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4010542

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-38

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