NOT LISTED FOR SALE

18909 Coveside Ln Cornelius, NC 28031

Estimated Value: $2,030,000 - $2,516,000

3 Beds
2.5 Baths
3,401 Sq Ft
$663/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $1,300,000 $382 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,875/month

15 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Lake
  • Bailey Middle School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of December 2018

Dazzling lake views start at the front door of this stunning brick home in The Peninsula on Lake Norman. Inarguably the right size, its lake-level layout makes this a coveted find. Freshly updated kitchen opens to the breakfast area & family room, has quartz counter tops, beveled subway tile, double ovens, & a gas cooktop. Master bath is adorned with Calacatta Oro marble counter tops, soaking tub, seamless shower & heated floors. Spacious master bedroom with sitting area, & access to the rear terrace, showcases the fabulous views. Voluminous great room leads to oversized dining room, also with gorgeous views. Upper level presents a loft with built-ins, 3 bedrooms, & another beautiful bathroom with Calacatta Oro marble, double sinks & seamless shower. Terrace with retractable awning provides 3 season use, & leads to the private dock, pier, & lakeside conversation area. Conveniently located off Peninsula Club Drive, enjoy easy access to all club amenities, as well as the lake lifestyle.

Last Agent to Sell the Property

Dixie Dean

Howard Hanna Allen Tate Lake Norman License #211281 Listed on: 10/10/2018

Howard Hanna Allen Tate Lake Norman

Co-Listed By

Christina Stone

Howard Hanna Allen Tate Lake Norman License #300026

Last Buyer's Agent

Patty Howe

Ivester Jackson Christie's License #219173

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation
  • Many Trees

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Tray Ceiling
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Terrace
  • Fire Pit

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-621-19

Community Details

Overview

  • Hawthorne Mgmt Association, Phone Number (704) 377-0114
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0.47 Acres

HOA Fees

$102 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92857
  • Ratio Close Price By Original Li: 0.92857
  • Ratio Current Price By Acre: 2765957.45
  • Ratio Current Price By Sq Ft: 382.24
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1225
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Double Oven, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Refrigerator, Wall Oven, Washer, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2176
  • Total Sq Ft: 3401
  • Sq Ft Unheated Main: 594
  • Sq Ft Unheated Total: 594

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fire pit, In-Ground Irrigation, Terrace

Garage/Parking

  • Driveway: Circular
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Mgmt
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake Access, Level, Long Range View, Trees, Water view, Waterfront, Year Round View
  • Parcel Number: 001-621-19
  • Plat Reference Section Pages: 881
  • Zoning Specification: GR

Tax Info

  • Tax Value: 921500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 30, 2018
Sold by
Ostrander Jeffrey H and Rae Ostrander Linda S
Bought by
Cooper Michael Kenneth and Cooper Karen Mary
Seller's Agent
Dixie Dean
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Patty Howe
Ivester Jackson Christie's
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Current Estimated Value
$2,255,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,553
Avg. Annual Appreciation
7.86%
Original Mortgage
$1,040,000
Outstanding Balance
$912,672
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,342,881

Purchase Details

Closed on
Mar 15, 2013
Sold by
Basinger S Lee and Basinger Debra K
Bought by
Ostrander Jeffey H and Rae-Ostrander Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Basinger S Lee
Bought by
Basinger S Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper Michael Kenneth $1,300,000 None Available
Ostrander Jeffey H $955,000 None Available
Basinger S Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Michael Kenneth $1,040,000
Previous Owner Ostrander Jeffey H $417,000
Previous Owner Ostrander Jeffey H $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $1,300,000 -7.1% $382 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,400,000 -- $412 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $12,456 $1,890,700 $1,170,000 $720,700
2024 $12,456 $1,890,700 $1,170,000 $720,700
2023 $12,124 $1,869,300 $1,170,000 $699,300
2022 $10,918 $1,281,500 $855,000 $426,500
2021 $10,790 $1,281,500 $855,000 $426,500
2020 $10,619 $1,265,800 $855,000 $410,800
2019 $10,652 $1,265,800 $855,000 $410,800
2018 $9,963 $921,500 $595,000 $326,500
2017 $9,891 $921,500 $595,000 $326,500
2016 $9,887 $921,500 $595,000 $326,500
2015 $9,745 $921,500 $595,000 $326,500
2014 $9,743 $921,500 $595,000 $326,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3442161

Canopy MLS (Canopy Realtor® Association)

APN: 001-621-19

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