NOT LISTED FOR SALE

18848 Silver Quay Dr Unit 5 Cornelius, NC 28031

Estimated Value: $307,000 - $395,000

2 Beds
2.5 Baths
1,159 Sq Ft
$190/mo HOA Fee

Last Sold July 19, 2017

Last sale price $174,000 $150 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,150/month

22 Days on Market

Highlights

  • Boat Ramp
  • Wood Flooring
  • Community Pool
  • Bailey Middle School Rated A-
  • Lawn
  • Tennis Courts

About This Home

As of July 2017

Move in ready townhome. Unit has newer kitchen, corian countertops, includes all appliances and washer and dryer. 1st Master has walk in closet and vaulted ceiling. Great set up for room mate situation with 2 masters. Screened porch and patio at rear along with a storage unit. 2 assigned parking spaces. Community has waterfront pool, tennis court, boat ramp and day dock. Excellent location close to shopping and entertainment. Roof 2011. Furnace 2014, HVAC Compressor 2007.

Last Agent to Sell the Property

Kathy Morris

COMPASS License #260970 Listed on: 05/05/2017

COMPASS

Co-Listed By

Mona Depew

COMPASS License #259647

Last Buyer's Agent

Donna Galinsky

Howard Hanna Allen Tate Davidson License #284643

Howard Hanna Allen Tate Davidson

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • Lawn

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage Room
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 001-483-05

Community Details

Overview

  • William Douglas 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: 0.99429
  • Ratio Close Price By Original Li: 0.99429
  • Ratio Current Price By Sq Ft: 150.13
  • Unit Floor Level: 1
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 569
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Refrigerator, Security System, Washer, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 704-230-3131
  • Interior Amenities: Attic Stairs Pulldown, Storage Unit
  • Laundry Location: Upper
  • Room Count: 2
  • Sq Ft Additional: 70
  • Main Level Sq Ft: 590
  • Total Sq Ft: 1159

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

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

Lot Info

  • Lot Dimension: 21x65x21x65
  • Parcel Number: 001-483-05
  • Plat Reference Section Pages: 634
  • Zoning Specification: R4

Tax Info

  • Tax Value: 128300.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 19, 2017
Sold by
Day Gary T and Day Kazumi
Bought by
Schultz Samantha
Seller's Agent
Kathy Morris
COMPASS
Buyer's Agent
Donna Galinsky
Howard Hanna Allen Tate Davidson
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%
Current Estimated Value
$343,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,689
Avg. Annual Appreciation
8.57%
Original Mortgage
$170,848
Outstanding Balance
$141,946
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$201,743

Purchase Details

Closed on
Jun 27, 2008
Sold by
Urmston John B and Urmston Carol Jean
Bought by
Day Gary T and Day Kazumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.08%
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
Schultz Samantha $174,000 Master Title Agency Llc
Day Gary T $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Samantha $170,848
Previous Owner Day Gary T $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $174,000 -0.6% $150 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $175,000 0.0% $151 / Sq Ft
11/10/2015 11/10/15 Rented $1,150 -8.0% --
11/09/2015 11/09/15 Under Contract -- -- --
08/06/2015 08/06/15 For Rent $1,250 -- --
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 -- $292,100 $80,000 $212,100
2024 -- $292,100 $80,000 $212,100
2023 $1,932 $292,100 $80,000 $212,100
2022 $1,530 $175,600 $71,300 $104,300
2021 $1,513 $175,600 $71,300 $104,300
2020 $1,513 $175,600 $71,300 $104,300
2019 $1,507 $194,000 $75,000 $119,000
2018 $1,750 $159,800 $54,000 $105,800
2017 $1,735 $159,800 $54,000 $105,800
2016 $1,731 $159,800 $54,000 $105,800
2015 $1,704 $159,800 $54,000 $105,800
2014 $1,702 $159,800 $54,000 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3277766

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-05