NOT LISTED FOR SALE

18838 Silver Quay Dr Unit 13 Cornelius, NC 28031

Estimated Value: $331,033 - $383,000

2 Beds
2.5 Baths
1,244 Sq Ft
$190/mo HOA Fee

Last Sold October 10, 2017

Last sale price $189,000 $152 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,230/month

2 Days on Market

Highlights

  • Boat Ramp
  • Vaulted Ceiling
  • End Unit
  • Bailey Middle School Rated A-
  • Engineered Wood Flooring
  • Community Pool

About This Home

As of October 2017

2BR/2.5BA TOWNHOME IN QUIET LAKEFRONT COMMUNITY...LIGHT & BRIGHT! GREAT ROOM WITH GAS FIREPLACE OPEN TO KITCHEN WITH GRANITE COUNTERS, STAINLESS APPLIANCES. PREFINISHED HARDWOODS ON FIRST FLOOR. MASTER SUITE HAS VAULTED CEILING, CEILING FAN, UPDATED VANITY IN BATH, TILE. SCREENED PORCH, PATIO FOR GRILLING, STORAGE CLOSET. 2 ASSIGNED PARKING SPACES. GREAT LOCATION WITH LAKE ACCESS. AMENITIES INCLUDE BOAT RAMP, DAY DOCK, POOL & TENNIS COURT. CONVENIENT TO I77, BIRKDALE...WALK TO PORT CITY.

Last Agent to Sell the Property

Jill Lake

Keller Williams Lake Norman License #183426 Listed on: 09/02/2017

Keller Williams Lake Norman

Last Buyer's Agent

Shannon Edwards

EXP Realty LLC Mooresville License #206073

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • End Unit

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 001-483-09

Community Details

Overview

  • William Douglas Mgmt Association, Phone Number (704) 230-3131

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.99526
  • Ratio Close Price By Original Li: 0.99526
  • Ratio Current Price By Acre: 5727272.73
  • Ratio Current Price By Sq Ft: 151.93
  • Unit Floor Level: 1
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 633
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-230-3131
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 611
  • Total Sq Ft: 1244

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Boat Ramp, Outdoor Pool, Tennis Court(s)
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: William Douglas Mgmt
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: End Unit, Lake Access
  • Parcel Number: 001-483-09
  • Plat Reference Section Pages: 465
  • Zoning Specification: NR

Tax Info

  • Tax Value: 166500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2017
Closed on
Oct 10, 2017
Sold by
Foster James Drw and Foster Sara Osburn
Bought by
Vanlven Bonny
Seller's Agent
Jill Lake
Keller Williams Lake Norman
Buyer's Agent
Shannon Edwards
EXP Realty LLC Mooresville
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%
Current Estimated Value
$357,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,758
Avg. Annual Appreciation
8.25%
Original Mortgage
$151,200
Outstanding Balance
$126,159
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$231,599

Purchase Details

Closed on
Jul 22, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Osburn Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2013
Sold by
Slonneger John D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 27, 2006
Sold by
Kelly Thomas Keith and Kelly Salena
Bought by
Slonneger John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2005
Sold by
Mcgee Jan H and Wilson Jan H
Bought by
Kelly Thomas Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 1999
Sold by
Smith Gary S and Hurley Crystal
Bought by
Mcgee Jan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
7.06%
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
Vanlven Bonny $189,000 None Available
Osburn Sara -- None Available
Federal Home Loan Mortgage Corporation $125,555 None Available
Slonneger John D $134,000 None Available
Kelly Thomas Keith $131,000 --
Mcgee Jan H $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanlven Bonny $151,200
Previous Owner Osburn Sara $108,000
Previous Owner Slonneger John D $26,800
Previous Owner Slonneger John D $107,200
Previous Owner Kelly Thomas Keith $80,000
Previous Owner Mcgee Jan H $131,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2017 10/10/17 Sold $189,000 -0.5% $152 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $189,900 -- $153 / 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 $2,010 $298,800 $80,000 $218,800
2024 $2,010 $298,800 $80,000 $218,800
2023 $1,975 $298,800 $80,000 $218,800
2022 $1,861 $214,600 $75,000 $139,600
2021 $1,840 $214,600 $75,000 $139,600
2020 $1,840 $214,600 $75,000 $139,600
2019 $1,834 $214,600 $75,000 $139,600
2018 $1,823 $166,500 $54,000 $112,500
2017 $1,807 $166,500 $54,000 $112,500
2016 $1,803 $166,500 $54,000 $112,500
2015 $1,775 $166,500 $54,000 $112,500
2014 -- $162,700 $54,000 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3317228

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-09