NOT LISTED FOR SALE

18840 Nautical Dr Unit 61 Cornelius, NC 28031

Estimated Value: $513,000 - $597,000

3 Beds
2 Baths
1,281 Sq Ft
1999 Built

Sale Details

Date Sold: August 31, 2021

Last sale price $455,000 $355 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,452 / mo

3 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of August 2021

Impeccably updated waterfront condo in the Admiral's Quarters community. Enjoy unobstructed views of Lake Norman and breathtaking sunsets from your private patio. Be paddle boarding, kayaking or boating in minutes; short distance to Carefree Boat Club and Port City restaurant. Gorgeous updates to kitchen with stainless steel appliances, granite countertops & backsplash with cabinetry extending to the ceiling throughout the condo. Gas fireplace and built-ins in living room. Large updated master bath with dual sinks and large closets. Updated flooring in main living areas with beautiful tile in bathrooms. Both bathrooms offer granite counters and tiled showers. Crown molding throughout. Community amenities include pool, tennis courts, gym, club house and lighted walking trail around community pond. Garages and docks are available for purchase or rent. Lake side storage for kayaks/paddle boards available. Welcome to the Lake Life!

Last Agent to Sell the Property

Brandon Farmer

Premier South License #70609 Listed on: 06/25/2021

Premier South

Last Buyer's Agent

Jacquelyn Soltis

RE/MAX Executive License #210311

RE/MAX Executive

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Lawn

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Fireplace
  • Storage Room
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 001-489-61

Community Details

Overview

  • Csi Management Association, Phone Number (704) 897-1394
  • Community Lake

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0 Sq Ft Lot

HOA Fees

$324 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.96912
  • Ratio Close Price By Original Li: 0.96912
  • Ratio Current Price By Sq Ft: 355.19
  • Unit Floor Level: 1
  • Year Built: 1999
  • Special Features: None
  • Stories: 1

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, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-897-1394
  • Interior Amenities: Breakfast Bar, Built-Ins, Open Floorplan
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1281
  • Total Sq Ft: 1281

Exterior Features

  • Construction: Hard Stucco, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Elevator, Fitness Center, Lake, Outdoor Pool, Pond, Sidewalk, Tennis Court(s)
  • Association Fee: 323.84
  • Association Fee Frequency: Monthly
  • Complex Name: Admirals Quarters
  • HOA Management Company: CSI Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Pond, Water view, Waterfront
  • Parcel Number: 001-489-61
  • Zoning Specification: NR

Tax Info

  • Tax Value: 310100.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 26, 2021
Sold by
Stone Joshua Abraham
Bought by
Lighthall John and Lighthall Christina
Seller's Agent
Brandon Farmer
Premier South
Buyer's Agent
Jacquelyn Soltis
RE/MAX Executive
List Price
$469,500
Sold Price
$455,000
Premium/Discount to List
-$14,500
-3.09%
Current Estimated Value
$538,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,986
Avg. Annual Appreciation
3.82%
Original Mortgage
$409,500
Outstanding Balance
$344,831
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,059

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 15, 2019
Sold by
Stewart Amanda K
Bought by
Stone Joshua Abraham
Seller's Agent
Jeff Arzonico
EXP Realty LLC Mooresville
Buyer's Agent
Renee Hornor
Premier South
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$354,050
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2013
Sold by
Lathem Shirley M
Bought by
Stewart Amanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2001
Sold by
Baynes John A and Baynes Sherry M
Bought by
Lathem Donald L and Lathem Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Kennerly Development At Schooner Bay Llc
Bought by
Baynes John A and Baynes Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,544
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lighthall John $455,000 None Available
Stone Joshua Abraham $365,000 South City Title
Stewart Amanda K $255,000 None Available
Lathem Donald L $174,000 --
Baynes John A $162,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Lighthall John $409,500
Previous Owner Stone Joshua Abraham $354,050
Previous Owner Stewart Amanda K $242,250
Previous Owner Lathem Donald L $139,200
Previous Owner Baynes John A $153,544
Closed Lathem Donald L $26,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $455,000 -3.1% $355 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $469,500 +28.6% $367 / Sq Ft
07/15/2019 07/15/19 Sold $365,000 -2.7% $285 / Sq Ft View Prior Sale
06/03/2019 06/03/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $375,000 -- $293 / 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 $2,455 $366,572 -- $366,572
2024 $2,455 $366,572 -- $366,572
2023 $2,413 $366,572 $0 $366,572
2022 $2,672 $310,100 $0 $310,100
2021 $2,641 $310,100 $0 $310,100
2020 $2,641 $310,100 $0 $310,100
2019 $2,635 $310,100 $0 $310,100
2018 $1,621 $147,800 $42,500 $105,300
2017 $1,606 $147,800 $42,500 $105,300
2016 $1,603 $147,800 $42,500 $105,300
2015 $1,577 $147,800 $42,500 $105,300
2014 $1,575 $147,800 $42,500 $105,300
Source: Public Records

Agents Affiliated with this Home

  • Brandon Farmer

    Seller's Agent in 2021

    Brandon Farmer

    Premier South

    (704) 975-7848

    1 in this area

    15 Total Sales

    Brandon Farmer
    Section Image

  • J

    Buyer's Agent in 2021

    Jacquelyn Soltis

    RE/MAX

    Section Image
  • Jeff Arzonico

    Seller's Agent in 2019

    Jeff Arzonico

    EXP Realty LLC Mooresville

    (336) 909-0284

    14 in this area

    221 Total Sales

    Jeff Arzonico
    Section Image
  • Renee Hornor

    Buyer's Agent in 2019

    Renee Hornor

    Premier South

    (704) 997-8208

    6 in this area

    79 Total Sales

    Renee Hornor
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3755129

Canopy MLS

APN: 001-489-61

North Carolina Mecklenburg County Cornelius 28031

18840 Nautical Dr Unit 61, Cornelius, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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