NOT LISTED FOR SALE

18851 Silver Quay Dr Unit 9 Cornelius, NC 28031

Estimated Value: $323,000 - $402,000

3 Beds
2.5 Baths
1,399 Sq Ft
$232/mo HOA Fee

Last Sold January 06, 2020

Last sale price $185,000 $132 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,331/month

232 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Lawn
  • Bailey Middle School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of January 2020

3 bdrm, 2.5 bath two story townhome in the sought after Silver Quay waterfront community! Home features new carpet & laminate flooring! Spacious kitchen w/black appliances & dining/breakfast area. Large family room w/fireplace & windows that bring in abundant natural light! Large master suite w/ tile surround tub/shower bath. Glass porch perfect for a sitting area to relax and have a cup of morning coffee! Laundry on main level. Lake access w/community pool, tennis courts and community dock/boat launch. Walking distance to Port City waterfront restaurant. Short distance to Birkdale Village & 1-77 interstate. Selling as is. Could be a great investment opportunity! Motivated seller!

Last Agent to Sell the Property

Shelley Johnson

EXP Realty LLC Mooresville License #74534 Listed on: 04/13/2019

EXP Realty LLC Mooresville

Co-Listed By

Karla Bush

Southern Homes of the Carolinas, Inc License #241945

Last Buyer's Agent

Sue Nichols

Realty ONE Group Select License #274489

Realty ONE Group Select

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • 1,307

HOA Fees

  • $232 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Oven

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Home Security

Additional Features

  • Shed
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 001-483-58

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88099
  • Ratio Close Price By Original Li: 0.83710
  • Ratio Current Price By Acre: 6166666.67
  • Ratio Current Price By Sq Ft: 132.24
  • Unit Floor Level: 1
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 706
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Oven, Exhaust Hood
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Vinyl
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 693
  • Total Sq Ft: 1399
  • Sq Ft Unheated Main: 89
  • Sq Ft Unheated Total: 89

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Shed(s)

Garage/Parking

  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s)
  • Association Fee: 231.50
  • Association Fee Frequency: Monthly
  • Complex Name: Silver Quay
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: J V Washam
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 26x59x26x58
  • Lot Features: Lake Access, Level
  • Lot Size Area: 0.030
  • Parcel Number: 001-483-58
  • Plat Book Slide: 26/278
  • Zoning Specification: NR

Tax Info

  • Tax Value: 223100.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jan 6, 2020
Sold by
Updike Nathan and Updike Kathy
Bought by
Updike Nathan and Updike Kathy
Seller's Agent
Shelley Johnson
EXP Realty LLC Mooresville
Buyer's Agent
Sue Nichols
Realty ONE Group Select
List Price
$221,000
Sold Price
$185,000
Premium/Discount to List
-$36,000
-16.29%
Current Estimated Value
$366,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,227
Avg. Annual Appreciation
12.47%
Original Mortgage
$167,732
Outstanding Balance
$148,198
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$218,029

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jan 3, 2020
Sold by
Glenn Annette T and Glenn Herbert K
Bought by
Updike Nathan and Updike Kathy
Seller's Agent
Shelley Johnson
EXP Realty LLC Mooresville
Buyer's Agent
Sue Nichols
Realty ONE Group Select
List Price
$221,000
Sold Price
$185,000
Premium/Discount to List
-$36,000
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,732
Outstanding Balance
$148,198
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$218,029

Purchase Details

Closed on
Aug 3, 2006
Sold by
Bundy Michael D and Bundy Jennifer B
Bought by
Glenn Annette T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Updike Nathan -- None Available
Updike Nathan $185,000 None Available
Glenn Annette T $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Updike Nathan $167,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $185,000 -11.9% $132 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $209,990 -4.1% $150 / Sq Ft
05/17/2019 05/17/19 Price Changed $219,000 -0.9% $157 / Sq Ft
04/13/2019 04/13/19 For Sale $221,000 -- $158 / 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 $2,131 $317,200 $80,000 $237,200
2024 $2,131 $317,200 $80,000 $237,200
2023 $2,094 $317,200 $80,000 $237,200
2022 $1,933 $223,100 $75,000 $148,100
2021 $1,911 $223,100 $75,000 $148,100
2020 $1,911 $223,100 $75,000 $148,100
2019 $1,905 $223,100 $75,000 $148,100
2018 $1,880 $171,800 $54,000 $117,800
2017 $1,863 $171,800 $54,000 $117,800
2016 $1,860 $171,800 $54,000 $117,800
2015 $1,831 $171,800 $54,000 $117,800
2014 $1,829 $171,800 $54,000 $117,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3494335

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-58