NOT LISTED FOR SALE

18875 Vineyard Point Ln Unit 38 Cornelius, NC 28031

Estimated Value: $388,193 - $405,000

2 Beds
2 Baths
784 Sq Ft
1989 Built

Last Sold May 24, 2017

Last sale price $181,500 $232 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,296/month

About This Home

As of July 2017

MOVE-IN READY & WATERFRONT second floor condo in Cornelius. Fresh paint, new stainless appliances, all new flooring throughout and new HVAC! Floor plan has open Kitchen with eating bar, Dining area, Great Room with wood burning fireplace and built-ins, Master Bedroom with sliding doors to covered Deck and 2nd Bedroom with Hall Bath. Enjoy all Vineyard Point has to offer with community pool, walking trails and lake! Water, sewer & trash are included! No Smoking and No Pets allowed.

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Listed on: 06/07/2017

Lake Norman Realty Inc

Last Renter's Agent

Kelly Wilson

Lake Norman Realty, Inc. License #274987

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1989

Additional Features

  • Breakfast Bar
  • 2 Full Bathrooms

Listing and Financial Details

  • Security Deposit $1,200
  • Tenant pays for all except water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,168

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Lease Term: 1 Year
  • Deposit Security: 1200

Listing Details

  • Property Type: Rentals
  • Property Sub Type: Condominium
  • Property Sub Type Secondary: 1 Story
  • Ratio Close Price By List Price: 0.91667
  • Ratio Close Price By Original Li: 0.91667
  • Ratio Current Price By Sq Ft: 1.40
  • Unit Floor Level: 2
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Included, Electric Oven
  • Interior Amenities: Breakfast Bar, Built-Ins
  • Laundry Location: Closet
  • Room Count: 1
  • Total Sq Ft: 784

Exterior Features

  • Exterior Features: Waterfront

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat

Condo/Co-op/Association

  • Complex Name: Dockside

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
May 24, 2017
Sold by
Strickland Allen W and Strickland Laura
Bought by
Vanevery Sherry M
Seller's Agent
Angela Berrong
Lake Norman Realty Inc
Buyer's Agent
Kelly Wilson
Lake Norman Realty, Inc.
Sold Price
$1,100
Current Estimated Value
$398,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,698
Avg. Annual Appreciation
9.84%
Original Mortgage
$145,200
Outstanding Balance
$120,685
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$278,113

Purchase Details

Closed on
Oct 14, 2005
Sold by
Mull David
Bought by
Strickland Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2002
Sold by
Richardson David W
Bought by
Mull David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.92%
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
Vanevery Sherry M $181,500 None Available
Strickland Allen $135,000 --
Mull David $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanevery Sherry M $145,200
Previous Owner Strickland Allen $108,000
Previous Owner Mull David $89,600
Closed Mull David $22,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2017 07/01/17 Rented $1,100 -8.3% --
06/15/2017 06/15/17 Under Contract -- -- --
06/07/2017 06/07/17 For Rent $1,200 0.0% --
05/24/2017 05/24/17 Sold $181,500 -1.8% $232 / Sq Ft View Prior Sale
04/22/2017 04/22/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $184,900 0.0% $236 / Sq Ft
12/02/2014 12/02/14 Rented $900 0.0% --
11/25/2014 11/25/14 Under Contract -- -- --
11/05/2014 11/05/14 For Rent $900 +20.0% --
01/14/2013 01/14/13 Rented $750 -11.8% --
12/15/2012 12/15/12 Under Contract -- -- --
11/30/2012 11/30/12 For Rent $850 -- --
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 $2,168 $322,769 -- $322,769
2024 $2,168 $322,769 -- $322,769
2023 $2,130 $322,769 $0 $322,769
2022 $1,625 $186,800 $0 $186,800
2021 $1,607 $186,800 $0 $186,800
2020 $1,607 $186,800 $0 $186,800
2019 $1,601 $186,800 $0 $186,800
2018 $1,718 $156,800 $60,000 $96,800
2017 $1,703 $156,800 $60,000 $96,800
2016 $1,699 $156,800 $60,000 $96,800
2015 $1,672 $156,800 $60,000 $96,800
2014 $1,670 $159,500 $65,000 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3289556

Canopy MLS (Canopy Realtor® Association)

APN: 001-462-38