$575,000
SOLD JUL 3, 2025

18840 Nautical Dr Unit 57 Cornelius, NC 28031

3 Beds
2 Baths
1,378 Sq Ft
$393/mo HOA Fee

Recently Sold

$417 Per Sq Ft

8% Below List Price

49 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Bailey Middle School Rated A-

About This Home

As of July 2025

Experience this stunning updated WATERFRONT PENTHOUSE END-UNIT condo with ELEVATOR access offering breathtaking lake view and open-concept layout. Enjoy resort-style living with community amenities, including a pool, sport court, clubhouse, and fitness room. Private marina. Exquisite residence features high-end finishes. Step inside the freshly painted open-concept living space bathed in natural light, features vaulted ceilings, new windows in 2022, new LVP floors thru-out and spacious private balcony for enjoying spectacular sunsets over the lake. Bright open kitchen boasts new granite countertops, new soft close cabinets, & SS appliances, seamlessly flowing into the dining and living areas w/ a cozy fireplace ideal for entertaining. The primary suite is a private retreat w/ waterfront views and en-suite bath with double vanities. Two additional bedrooms offer ample space for guests or flex space. Best of lakefront luxury in this rare top-floor retreat! 30lb max pet weight restriction

Last Agent to Sell the Property

Jack Beckman

Southern Homes of the Carolinas, Inc Brokerage Email: jackwbeckman@gmail.com License #283036 Listed on: 03/21/2025

Last Buyer's Agent

Meredyth Holdenrid

Southern Homes of the Carolinas, Inc License #212766

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1999

Lot Details

  • Waterfront

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,378 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001-489-57

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Schooner Bay Condos
  • Admirals Quarters Subdivision
  • Mandatory home owners association

Recreation

  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

Built in 1999

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 417.27
  • Geocode Confidence: High
  • Attribution Contact: jackwbeckman@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1378
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1378
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1378
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Paddlesport Launch Site
  • Construction Type: Hardboard Siding, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 393
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Schooner Bay
  • Senior Community: No
  • Association Name: Main Street Management
  • Phone: 704-255-1266

Association/Amenities

  • Association Annual Expense: 4716.00

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Parcel Number: 001-489-57
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: NR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Jul 3, 2025
Sold by
Hunt Lynne M and Shaffer Daniel
Bought by
Smith Patrick J and Smith Denise Marie
Seller's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
Buyer's Agent
Meredyth Holdenrid
Southern Homes of the Carolinas, Inc
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.04%
Original Mortgage
$517,500
Outstanding Balance
$517,500
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$71,485

Purchase Details

Closed on
Jun 29, 2007
Sold by
Sullivan Christian R and Sullivan Christian
Bought by
Hunt Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Heiligenthaler David and Heiligenthaler Elizabeth
Bought by
Sullivan Christian and Sullivan Christian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,680
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Heiligenthaler David and Heiligenthaler Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,203
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Warranty Deed $575,000 None Listed On Document
Warranty Deed $314,000 None Available
Warranty Deed $170,000 --
Warranty Deed $151,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 New Conventional
Closed $517,500 New Conventional
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $171,742 New Conventional
Previous Owner $135,680 Purchase Money Mortgage
Previous Owner $143,203 Purchase Money Mortgage
Closed $33,920 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $575,000 -3.4% $417 / Sq Ft
04/15/2025 04/15/25 Price Changed $595,000 -2.0% $432 / Sq Ft
04/04/2025 04/04/25 Price Changed $607,000 -2.9% $440 / Sq Ft
03/21/2025 03/21/25 For Sale $625,000 0.0% $454 / Sq Ft
08/10/2014 08/10/14 Rented $1,250 -3.8% --
08/05/2014 08/05/14 Under Contract -- -- --
07/10/2014 07/10/14 For Rent $1,300 0.0% --
07/23/2013 07/23/13 Rented $1,300 0.0% --
07/23/2013 07/23/13 For Rent $1,300 -- --
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
2023 $2,661 $397,894 $0 $397,894
2022 $2,661 $317,200 $0 $317,200
2021 $2,661 $317,200 $0 $317,200
2020 $2,661 $317,200 $0 $317,200
2019 $2,694 $317,200 $0 $317,200
2018 $1,647 $150,200 $42,500 $107,700
2017 $1,632 $150,200 $42,500 $107,700
2016 $1,629 $150,200 $42,500 $107,700
2015 $1,603 $150,200 $42,500 $107,700
2014 $1,601 $150,200 $42,500 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4235559

Canopy MLS (Canopy Realtor® Association)

APN: 001-489-57