NOT LISTED FOR SALE

18930 Balmore Pines Ln Cornelius, NC 28031

Estimated Value: $3,751,738 - $4,257,000

5 Beds
5.5 Baths
5,540 Sq Ft
$734/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $2,550,000 $460 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $23,443/month

39 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Wet Bar
  • Bailey Middle School Rated A-
  • Skylights
  • Gas Log Fireplace

About This Home

As of July 2017

Timeless elegance characterizes this coastal style waterfront home located on a quiet cul de sac within walking distance to the Peninsula Club. Living room opens onto expansive upper balcony overlooking resort style pool with great lake views. Chef’s kitchen features soap stone countertops, oversized marble and walnut butcher block island, wolf double oven with 6 burner stove top, pot filler, farmhouse sink & subway tile backsplash. Lower level recreation area is perfect for entertaining.

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Christie's License #78488 Listed on: 04/28/2017

Co-Listed By

Reed Jackson

Ivester Jackson Christie's License #212564

Last Buyer's Agent

Darlene Radeschi

Lake Realty License #227698

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Waterfront

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3

Interior Spaces

  • Wet Bar
  • Skylights
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Concrete

Community Details

  • Hawthorne Property Management Association, Phone Number (704) 377-0114

Listing and Financial Details

  • Assessor Parcel Number 001-611-17

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95327
  • Ratio Close Price By Original Li: 0.89505
  • Ratio Current Price By Acre: 5204081.63
  • Ratio Current Price By Sq Ft: 460.29
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 884
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Double Oven, Microwave
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Built-Ins, Skylight(s), Wet Bar
  • Laundry Location: Basement, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1711
  • Main Level Sq Ft: 2945
  • Total Sq Ft: 5540
  • Sq Ft Unheated Main: 886
  • Sq Ft Unheated Total: 886

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 612.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Property Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Cornelius
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Waterfront, Water view, Year Round View
  • Lot Size Area: 0.490
  • Parcel Number: 001-611-17
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1463500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 6, 2017
Sold by
National Residential Nominee Services In
Bought by
Morris Steven H and Morris Kim L
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Christie's
Buyer's Agent
Darlene Radeschi
Lake Realty
List Price
$2,849,000
Sold Price
$2,550,000
Premium/Discount to List
-$299,000
-10.49%
Current Estimated Value
$4,068,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,518,913
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
May 19, 2017
Sold by
Coffing Scott H and Coffing Jayne
Bought by
National Residential Nominee Service Inc

Purchase Details

Closed on
Sep 12, 2008
Sold by
Patrick Joseph & Associates Inc
Bought by
Coffing Scott H and Coffing Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Mclaughlin P Michael and Mclaughlin Linda O
Bought by
Patrick Joseph & Associates Inc
Source: Public Records

Range of Values:

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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
Morris Steven H $2,550,000 None Available
National Residential Nominee Service Inc $2,550,000 None Available
Coffing Scott H $2,137,500 The Title Company Of Nc
Patrick Joseph & Associates Inc $1,135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coffing Scott H $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $2,550,000 -10.5% $460 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $2,849,000 -- $514 / 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 $21,988 $3,343,300 $1,300,000 $2,043,300
2024 $21,988 $3,343,300 $1,300,000 $2,043,300
2023 $21,585 $3,752,400 $1,300,000 $2,452,400
2022 $21,585 $2,538,000 $950,000 $1,588,000
2021 $21,331 $2,538,000 $950,000 $1,588,000
2020 $21,228 $2,472,400 $950,000 $1,522,400
2019 $20,774 $2,472,400 $950,000 $1,522,400
2018 $15,807 $1,463,500 $525,000 $938,500
2017 $15,694 $1,463,500 $525,000 $938,500
2016 $15,690 $1,463,500 $525,000 $938,500
2015 $15,467 $1,463,500 $525,000 $938,500
2014 $15,701 $1,485,800 $525,000 $960,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3275179

Canopy MLS (Canopy Realtor® Association)

APN: 001-611-17