NOT LISTED FOR SALE

18840 Nautical Dr Unit 55 Cornelius, NC 28031

Estimated Value: $470,529 - $547,000

3 Beds
2 Baths
1,362 Sq Ft
$266/mo HOA Fee

Last Sold November 30, 2017

Last sale price $304,900 $224 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,142/month

119 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Clubhouse
  • Bailey Middle School Rated A-
  • Community Lake
  • Transitional Architecture

About This Home

As of November 2017

180 DEGREE VIEW OF WATER--------GROUND FLOOR--------------NO STEPS TO ENTER--------------END UNIT---New HVAC installed 8/29/2017--THREE BEDROOM TWO BATH CONDO-----------JUST WHAT YOU HAVE BEEN LOOKING FOR-------NEW KITCHEN CABINETS-------NEUTRAL PAINT COLORS-------FIREPLACE WITH GAS LOGS--------CLEAN & TIDY---- AMENITIES: SWIMMING POOL, CLUBHOUSE FOR YOUR PRIVATE PARTIES-------SAUNA--------BOATSLIPS FOR SALE FROM NEIGHBORS--------RED LIGHT TO EXIT ONTO CATAWBA----------WALK TO PORT CITY.

Last Agent to Sell the Property

Terrie Hayes

Harbor Realty, Inc License #196574 Listed on: 07/13/2017

Last Buyer's Agent

Matthew Elliott

Southern Homes of the Carolinas, Inc License #289012

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

HOA Fees

  • $266 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Fireplace

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Additional Features

  • Waterfront
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-489-55

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Community Lake

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95281
  • Ratio Current Price By Sq Ft: 223.86
  • Special Assessment Description: SB NEW ROOFS, COMMODORES RETAINING WALLS, TENNIS, AQ NEW BALCONY
  • Special Assessment Yn: Yes
  • Unit Floor Level: 1
  • Year Built: 1999
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • H O A Management Phone: 704 644 8808
  • Interior Amenities: Cable Available, Open Floorplan, Split BR Plan
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1362
  • Total Sq Ft: 1362
  • Sq Ft Unheated Lower: 96
  • Sq Ft Unheated Total: 96

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Sauna, Tennis Court(s), Walking Trails
  • Association Fee: 266.42
  • Association Fee Frequency: Monthly
  • Complex Name: SCHOONER BAY
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Waterfront, Water view
  • Parcel Number: 001-489-55
  • Plat Reference Section Pages: 30620
  • Zoning: Condominium
  • Zoning Specification: NR

Tax Info

  • Tax Value: 149000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Oct 25, 2017
Sold by
Dean Doris W
Bought by
Geisheimer Lydia Greene
Seller's Agent
Terrie Hayes
Harbor Realty, Inc
Buyer's Agent
Matthew Elliott
Southern Homes of the Carolinas, Inc
List Price
$320,000
Sold Price
$304,900
Premium/Discount to List
-$15,100
-4.72%
Current Estimated Value
$502,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,982
Avg. Annual Appreciation
6.32%
Original Mortgage
$207,000
Outstanding Balance
$173,593
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$329,289

Purchase Details

Closed on
Oct 11, 2006
Sold by
Swearingin Wesley T and Swearingin Erin C
Bought by
Dean William N and Dean Doris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Swearingin William V and Swearingin Diane Thomas
Bought by
Swearingin Wesley T and Swearingin Erin C

Purchase Details

Closed on
Oct 8, 1999
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Swearingin Wesley T and Swearingin William Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.79%
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
Geisheimer Lydia Greene $305,000 None Available
Dean William N $320,000 None Available
Swearingin Wesley T -- --
Swearingin Wesley T $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geisheimer Lydia Greene $207,000
Previous Owner Dean William N $254,000
Previous Owner Dean William N $50,000
Previous Owner Swearingin Wesley T $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $304,900 -4.7% $224 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $320,000 -- $235 / Sq Ft
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 $2,488 $371,539 -- $371,539
2024 $2,488 $371,539 -- $371,539
2023 $2,445 $371,539 $0 $371,539
2022 $2,702 $313,600 $0 $313,600
2021 $2,670 $313,600 $0 $313,600
2020 $2,670 $313,600 $0 $313,600
2019 $2,664 $313,600 $0 $313,600
2018 $1,634 $149,000 $42,500 $106,500
2017 $1,619 $149,000 $42,500 $106,500
2016 $1,616 $149,000 $42,500 $106,500
2015 $1,590 $149,000 $42,500 $106,500
2014 $1,588 $149,000 $42,500 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3300986

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-55