NOT LISTED FOR SALE

18854 Silver Quay Dr Cornelius, NC 28031

Estimated Value: $325,000 - $360,000

2 Beds
2.5 Baths
1,174 Sq Ft
871 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $185,000 $158 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,929/month

111 Days on Market

Highlights

  • Private Lot
  • Bailey Middle School Rated A-
  • Gas Log Fireplace

About This Home

As of October 2019

Experience this waterfront Community within walking distance to Publix, breweries, and shopping!   This freshly painted townhome has an open floorplan with tons of natural light. Bright white Kitchen has ceramic tile, granite countertops, smooth top range, under counter top stainless appliances including a brand new dual door summit fridge! All appliances convey!  Screened porch overlooks private yard & lush landscaping.  AC Unit (3 tons) Carrier unit installed in 2018 & Water Heater installed 2015. Back deck recently remodeled. New hardware brushed nickel throughout. New Carpet! Home warranty included! Grill out by the LAKE and see amazing 360 degree views. Community features: Tennis courts, Lakeside pool, docks and day boat launch. Two assigned parking spaces. Walk to new Publix, Coffee shops, Port City waterfront restaurant, Ramsey Creek & Jetton Park, Birkdale Village and more.  Easy access to I-77 and mins from the airport / uptown.

Last Agent to Sell the Property

Mike Hege MRE

Pridemore Properties LLC License #247891 Listed on: 05/24/2019

Last Buyer's Agent

Laurie Marzano

Dazcon Properties License #274788

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1994

Lot Details

  • 871

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Oven

Listing and Financial Details

  • Assessor Parcel Number 001-483-02

Property Details

Home Type

Condominium

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.94872
  • Ratio Close Price By Original Li: 0.86449
  • Ratio Current Price By Sq Ft: 157.58
  • Unit Floor Level: 1
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 592
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Living Room
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 582
  • Total Sq Ft: 1174

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Complex Name: Silver Quay
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Private
  • Parcel Number: 001-483-02
  • Zoning Specification: NR

Tax Info

  • Tax Value: 160300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Masiello Terri
Bought by
Terri Masiello Living Trust and Masiello
Current Estimated Value
$336,913

Purchase Details

Listed on
May 24, 2019
Closed on
Oct 8, 2019
Sold by
Dorais Troy A and Dorais Jessica A
Bought by
Masiello Terri C
Seller's Agent
Mike Hege MRE
Pridemore Properties LLC
Buyer's Agent
Laurie Marzano
Dazcon Properties
List Price
$214,000
Sold Price
$185,000
Premium/Discount to List
-$29,000
-13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$135,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2016
Sold by
Dorais Troy A and Dorais Jessica Anne
Bought by
Dorais Trou A and Dorais Jessica Anne

Purchase Details

Closed on
Sep 29, 2015
Sold by
Davis Gina R and Davis Duran Gina R
Bought by
Dorais Troy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Carolina Real Estate Investment Group In
Bought by
Davis Duran Gina R and Duran Hunter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Klutts J V and Klutts Vickie G
Bought by
Carolina Real Estate Investment Group Cr

Purchase Details

Closed on
Nov 14, 2001
Sold by
Carolina Real Estate Investment Group In
Bought by
Klutts J Vaughn and Klutts Vicki G

Purchase Details

Closed on
Nov 9, 2000
Sold by
Klutts J Vaughn and Klutts Vicki G
Bought by
Carolina Real Estate Investment Group In

Purchase Details

Closed on
Nov 29, 1999
Sold by
Farkas Gignac and Farkas Jill
Bought by
Klutts J Vaughn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,236
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terri Masiello Living Trust -- None Listed On Document
Masiello Terri C $185,000 None Available
Dorais Trou A -- None Available
Dorais Troy A $152,500 None Available
Davis Duran Gina R $140,000 None Available
Carolina Real Estate Investment Group Cr -- --
Klutts J Vaughn -- --
Carolina Real Estate Investment Group In -- --
Klutts J Vaughn $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masiello Terri C $135,000
Previous Owner Dorais Troy A $144,875
Previous Owner Davis Duran Gina R $111,920
Previous Owner Klutts J Vaughn $107,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $185,000 -5.1% $158 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $195,000 -2.5% $166 / Sq Ft
07/08/2019 07/08/19 Price Changed $199,900 -2.5% $170 / Sq Ft
06/18/2019 06/18/19 Price Changed $205,000 -4.2% $175 / Sq Ft
05/24/2019 05/24/19 For Sale $214,000 0.0% $182 / Sq Ft
10/24/2013 10/24/13 Rented $1,095 0.0% --
09/24/2013 09/24/13 Under Contract -- -- --
08/19/2013 08/19/13 For Rent $1,095 -4.8% --
02/09/2013 02/09/13 Rented $1,150 -3.8% --
01/10/2013 01/10/13 Under Contract -- -- --
12/14/2012 12/14/12 For Rent $1,195 -- --
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 $1,975 $293,400 $80,000 $213,400
2024 $1,975 $293,400 $80,000 $213,400
2023 $1,940 $293,400 $80,000 $213,400
2022 $1,793 $206,600 $75,000 $131,600
2021 $1,773 $206,600 $75,000 $131,600
2020 $1,773 $206,600 $75,000 $131,600
2019 $1,767 $206,600 $75,000 $131,600
2018 $1,756 $160,300 $54,000 $106,300
2017 $1,740 $160,300 $54,000 $106,300
2016 $1,737 $160,300 $54,000 $106,300
2015 $1,709 $160,300 $54,000 $106,300
2014 $1,707 $160,300 $54,000 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3509637

Canopy MLS (Canopy Realtor® Association)

APN: 001-483-02