NOT LISTED FOR SALE

18920 Peninsula Point Dr Cornelius, NC 28031

Estimated Value: $1,224,000 - $2,151,000

4 Beds
3.5 Baths
4,134 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $590,000 $143 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $9,381/month

Highlights

  • Fireplace
  • Bailey Middle School Rated A-
  • Attached Garage

About This Home

As of June 2020

Bank foreclosure with great bones. Lots of potential in the Peninsula subdivision. Synthetic stucco was evaluated by a contractor and shows little damage to be sealed/repaired. Appliances not present. Hardwoods throughout and recently painted.

Last Agent to Sell the Property

Erin Garvey

Home Ventures Realty License #286147 Listed on: 05/18/2020

Last Buyer's Agent

David Dupree

BCB Investments, LLC License #214988

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.39

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Fireplace
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 001-753-47

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.81379
  • Ratio Close Price By Original Li: 0.81379
  • Ratio Current Price By Acre: 1512820.51
  • Ratio Current Price By Sq Ft: 142.72
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2336
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire
  • Fireplace: Yes
  • Fixture Exception Description: no appliances present
  • Fixture Exception Yn: Yes
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1798
  • Total Sq Ft: 4134

Exterior Features

  • Construction: Synthetic Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: William Amos Hough

Lot Info

  • Lot Size Area: 0.390
  • Parcel Number: 001-753-47
  • Zoning Specification: GR

Tax Info

  • Tax Value: 708000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 11, 2020
Sold by
Aquesta Bank
Bought by
Griffin Cortney Leigh
Seller's Agent
Erin Garvey
Home Ventures Realty
Buyer's Agent
David Dupree
BCB Investments, LLC
List Price
$725,000
Sold Price
$590,000
Premium/Discount to List
-$135,000
-18.62%
Total Days on Market
0
Current Estimated Value
$1,546,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,266
Avg. Annual Appreciation
21.89%
Original Mortgage
$400,000
Outstanding Balance
$361,535
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,225,953

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 9, 2020
Sold by
Barnes Rick and Home Equity Line Of Credit Agr
Bought by
Aquesta Bank
Seller's Agent
Erin Garvey
Home Ventures Realty
Buyer's Agent
David Dupree
BCB Investments, LLC
List Price
$725,000
Sold Price
$590,000
Premium/Discount to List
-$135,000
-18.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$361,535
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,225,953

Purchase Details

Closed on
Mar 23, 2020
Sold by
Culp Heather W
Bought by
Aquesta Bank

Purchase Details

Closed on
Oct 29, 2018
Sold by
Nystrom Jeffrey Phillip and Nystrom Kimberly Ann
Bought by
Barnes Rick

Purchase Details

Closed on
Jun 25, 2008
Sold by
Nystrom Jeffrey P and Nystrom Kimberly A
Bought by
Barnes Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,250
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2005
Sold by
Nystrom Jeffrey Phillip and Nystrom Kimberly Ann
Bought by
The Jeffrey Phillip Nystrom & Kimberly A

Purchase Details

Closed on
Feb 3, 2004
Sold by
Scroggins Douglas and Scroggins Serena
Bought by
Nystrom Jeffrey P and Nystrom Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Miller Andrew and Miller Cindy L
Bought by
Scroggins Douglas and Scroggins Serena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 1997
Sold by
Milano Gary A and Milano Florence R
Bought by
Miller Andrew and Miller Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.87%
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
Griffin Cortney Leigh $590,000 None Available
Aquesta Bank $153,666 None Available
Barnes Rick -- None Available
Barnes Rick $505,000 The Title Company Of Nc
The Jeffrey Phillip Nystrom & Kimberly A -- --
Nystrom Jeffrey P $555,000 --
Scroggins Douglas $516,000 --
Miller Andrew $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Cortney Leigh $126,720
Open Griffin Cortney Leigh $400,000
Previous Owner Barnes Ricky M $372,167
Previous Owner Barnes Rick $135,250
Previous Owner Barnes Rick $378,750
Previous Owner Nystrom Jeffrey P $386,000
Previous Owner Scroggins Douglas $82,500
Previous Owner Scroggins Douglas $412,800
Previous Owner Miller Andrew $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $590,000 -18.6% $143 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $725,000 -- $175 / 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
2023 $7,603 $1,169,700 $300,000 $869,700
2022 $6,050 $708,000 $215,000 $493,000
2021 $5,979 $708,000 $215,000 $493,000
2020 $5,979 $708,000 $215,000 $493,000
2019 $5,973 $708,000 $215,000 $493,000
2018 $6,153 $568,100 $175,000 $393,100
2017 $6,107 $568,100 $175,000 $393,100
2016 $6,103 $568,100 $175,000 $393,100
2015 $6,014 $568,100 $175,000 $393,100
2014 $6,012 $568,100 $175,000 $393,100
Source: Public Records

Agents Affiliated with this Home

  • Erin Garvey

    Seller's Agent in 2020

    Erin Garvey

    Home Ventures Realty

    (704) 975-8444

    36 Total Sales

    Erin Garvey
    Section Image
  • David Dupree

    Buyer's Agent in 2020

    David Dupree

    BCB Investments, LLC

    (704) 703-9755

    54 Total Sales

    David Dupree
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3623666

Canopy MLS (Canopy Realtor® Association)

APN: 001-753-47

North Carolina Mecklenburg County Cornelius 28031

18920 Peninsula Point Dr, Cornelius, NC

This home is located at 18920 Peninsula Point Dr, Cornelius, NC 28031 since 18 May 2020 and is currently estimated at $1,546,266, approximately $374 per square foot. This property was built in 1995. 18920 Peninsula Point Dr is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

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