NOT LISTED FOR SALE

18883 Vineyard Point Ln Unit 42 Cornelius, NC 28031

Estimated Value: $415,905 - $441,000

2 Beds
2 Baths
910 Sq Ft
$469/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $265,500 $292 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,480/month

Highlights

  • Pier or Dock
  • Waterfront
  • Vaulted Ceiling
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Transitional Architecture

About This Home

As of June 2022

Want to feel like you are on vacation everyday? Third floor pent house with Beautiful Lake Norman water views! Just in time for the "assessments" so the whole building will be nicer at completion. All newer floors, no carpet, Vaulted ceilings in the family room, double doors leading to the deck with great water view and pool view . Owners bedroom also has sliding doors to the deck and private bath. 2nd bedroom and another full bath. Kitchen overlooks the living area and there is a laundry closet equipped with washer and dryer for your convenience. Neighborhood pool in walking distance. Cornelius is filled with grocery stores, restaurants and shops. Close to I-77. Tenant occupied and requires 24 hour notice.

Last Agent to Rent the Property

Kandi Lowe

Realty One Group Revolution Brokerage Email: kandi@kandilowe.com License #204040 Listed on: 05/28/2022

Realty One Group Revolution

Last Renter's Agent

Kandi Lowe

Realty One Group Revolution Brokerage Email: kandi@kandilowe.com License #204040 Listed on: 05/28/2022

Realty One Group Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1989

Lot Details

  • 435 Sq Ft Lot
  • Waterfront
  • Lawn

Parking

  • 1 Open Parking Space

Home Design

  • Transitional Architecture
  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Laminate Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,250
  • Property Available on 7/5/22
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 001-462-42

Community Details

Overview

  • Property has a Home Owners Association
  • Vineyard Point Condos
  • Dockside Subdivision

Amenities

  • Picnic Area

Recreation

  • Pier or Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pet Deposit $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,573

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2022-07-05
  • Pet Deposit: 350
  • Security Deposit: 2250

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1989
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: kandi@kandilowe.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Breakfast Bar, Cable Prewire, Open Floorplan, Split Bedroom, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 910
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 910
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Third
  • Fireplace Features: Family Room
  • Living Area: 910
  • Window Features: Skylight(s)
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • Exterior Features: Lawn Maintenance, Tennis Court(s)
  • Roof: Shingle
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Lake, Pier - Community
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Picnic Area, Recreation Area, Sidewalks, Street Lights, Tennis Court(s)
  • Complex Name: Vineyard Point
  • Association: Yes

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake On Property, Waterfront
  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • Parcel Number: 001-462-42
  • Lot Size Acres: 0.01
  • Lot Size Sq Ft: 435
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NR

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Nov 11, 2020
Sold by
Hughes Timothy O and Hughes Amy S
Bought by
Emerson Anita L
Seller's Agent
Kandi Lowe
Realty One Group Revolution
Buyer's Agent
Kandi Lowe
Realty One Group Revolution
Sold Price
$1,600
Current Estimated Value
$427,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,626
Avg. Annual Appreciation
10.15%
Original Mortgage
$212,400
Outstanding Balance
$189,006
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$238,220

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 25, 2019
Sold by
Greene Michael L
Bought by
Hughes Timothy O and Hughes Amy S
Seller's Agent
Jeffrey Barkley
ERA Live Moore
Buyer's Agent
Marlo Mikeal
Lake Norman Realty, Inc.
List Price
$252,000
Sold Price
$248,000
Premium/Discount to List
-$4,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$168,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Blowers Christopher M and Whitaker Kathy Boone
Bought by
Greene Ii Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Fannie Mae
Bought by
Blowers Christopher M

Purchase Details

Closed on
Aug 18, 2009
Sold by
Studley William
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 18, 2007
Sold by
Wagner James Wendell
Bought by
Studley William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Mcclurg Timothy James and Mcclurg Kelly Sue
Bought by
Wagner James Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2003
Sold by
Whitt Robert L
Bought by
Mcclurg Timothy J and Mcclurg Kelly Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.68%
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
Emerson Anita L $265,000 None Available
Hughes Timothy O $248,000 Title Company Of Nc
Greene Ii Michael L $185,000 None Available
Blowers Christopher M -- None Available
Federal National Mortgage Association $232,264 None Available
Studley William $270,000 None Available
Wagner James Wendell $137,000 Title Company Of Nc
Mcclurg Timothy J $131,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Anita L $212,400
Previous Owner Hughes Timothy O $168,000
Previous Owner Greene Ii Michael L $148,000
Previous Owner Studley William $216,000
Previous Owner Wagner James Wendell $70,000
Previous Owner Mcclurg Timothy J $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Rented $2,050 0.0% --
06/15/2022 06/15/22 Price Changed $2,050 -4.7% $2 / Sq Ft
06/10/2022 06/10/22 Price Changed $2,150 -4.4% $2 / Sq Ft
06/02/2022 06/02/22 Price Changed $2,250 -4.3% $2 / Sq Ft
05/28/2022 05/28/22 For Rent $2,350 +46.9% --
12/31/2020 12/31/20 Rented $1,600 +1.6% --
12/10/2020 12/10/20 For Rent $1,575 0.0% --
11/12/2020 11/12/20 Sold $265,500 +0.2% $292 / Sq Ft View Prior Sale
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $265,000 +6.9% $291 / Sq Ft
09/25/2019 09/25/19 Sold $248,000 -1.6% $273 / Sq Ft View Prior Sale
08/14/2019 08/14/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $252,000 -- $277 / 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 $2,573 $384,540 -- $384,540
2024 $2,573 $384,540 -- $384,540
2023 $2,529 $384,540 $0 $384,540
2022 $1,776 $204,500 $0 $204,500
2021 $1,755 $204,500 $0 $204,500
2020 $1,755 $204,500 $0 $204,500
2019 $1,749 $204,500 $0 $204,500
2018 $1,928 $176,300 $70,000 $106,300
2017 $1,912 $176,300 $70,000 $106,300
2016 $1,908 $176,300 $70,000 $106,300
2015 $1,878 $176,300 $70,000 $106,300
2014 $1,876 $179,000 $75,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866039

Canopy MLS (Canopy Realtor® Association)

APN: 001-462-42