NOT LISTED FOR SALE

18951 Peninsula Point Dr Cornelius, NC 28031

Estimated Value: $1,975,000 - $2,470,000

5 Beds
4.5 Baths
4,637 Sq Ft
$467/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $968,000 $209 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $12,519/month

20 Days on Market

Highlights

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

About This Home

As of November 2019

Three story custom home on one of The Peninsula's premier streets! Foyer opens to great room w/soaring ceilings and walls of windows creating a light filled home with casual luxury. Spacious Chef's kitchen open to light filled breakfast area, grilling porch and deck with covered awning for year round relaxing. Main level master suite w/sitting area overlooks private back yard. Master suite offers owners a large spa bathroom w/dual walk in closets. Upper level has a private office/bedroom with a loft area, two additional bedrooms, two full baths creating private space for guests/family. Walk out lower level provides endless hours of family fun w/family room/recreation room, large wet bar and huge sitting area w/windows galore. Guest bedroom suite and private exercise room round out lower level. Back yard fence opens onto a private paved path and only steps away to deeded boat slip on Lake Norman. Mature trees w/seasonal lake views create spectacular lake living. Walk to Peninsula Club!

Last Agent to Sell the Property

Ben Bowen

Premier Sotheby's International Realty License #225345 Listed on: 09/13/2019

Premier Sotheby's International Realty

Last Buyer's Agent

Steve Hilliard

Janezic Realty License #301882

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Private Lot
  • Irrigation

HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Wet Bar
  • Fireplace

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 00175314

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$149 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.97286
  • Ratio Close Price By Original Li: 0.97286
  • Ratio Current Price By Acre: 1683478.26
  • Ratio Current Price By Sq Ft: 208.76
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1103
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Microwave, Oven, Refrigerator, Security System
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Breakfast Bar, Built-Ins, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1550
  • Main Level Sq Ft: 1984
  • Total Sq Ft: 4637
  • Sq Ft Unheated Basement: 438
  • Sq Ft Unheated Total: 438

Exterior Features

  • Construction: Synthetic Stucco
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

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, Playground, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 640.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 500.00
  • Association #2 Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Lake Access, Private, Views, Water view, Winter View
  • Lot Size Area: 0.575
  • Parcel Number: 00175314
  • Plat Reference Section Pages: 508
  • Zoning Specification: R3

Tax Info

  • Tax Value: 929500.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Nov 15, 2019
Sold by
Harmon Michael R and Harmon Lucinda S
Bought by
Allen Terry Glenn and Allen Laurie Deitz
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Steve Hilliard
Janezic Realty
List Price
$995,000
Sold Price
$968,000
Premium/Discount to List
-$27,000
-2.71%
Current Estimated Value
$2,167,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199,160
Avg. Annual Appreciation
14.77%
Original Mortgage
$871,200
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2001
Sold by
Manry John P and Manry Hedy White
Bought by
Harmon Michael R and Harmon Lucinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Allen Terry Glenn $968,000 None Available
Harmon Michael R $707,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Terry Glenn $240,000
Open Allen Terry Glenn $853,500
Closed Allen Terry Glenn $871,200
Previous Owner Harmon Michael R $383,260
Previous Owner Harmon Michael R $39,750
Previous Owner Harmon Michael R $636,000
Previous Owner Harmon Michael R $140,000
Previous Owner Harmon Micahel R $535,000
Previous Owner Harmon Michael R $610,000
Previous Owner Harmon Michael R $532,000
Previous Owner White Manry Hedy $100,000
Previous Owner White Manry Hedy $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $968,000 -2.7% $209 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $995,000 -- $215 / 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 $11,102 $1,684,300 $300,000 $1,384,300
2024 $11,102 $1,684,300 $300,000 $1,384,300
2023 $10,928 $1,684,300 $300,000 $1,384,300
2022 $8,082 $963,400 $215,000 $748,400
2021 $7,734 $917,200 $215,000 $702,200
2020 $7,734 $929,500 $215,000 $714,500
2019 $7,831 $929,500 $215,000 $714,500
2018 $8,870 $820,100 $175,000 $645,100
2017 $8,805 $820,100 $175,000 $645,100
2016 $8,801 $820,100 $175,000 $645,100
2015 $8,675 $820,100 $175,000 $645,100
2014 $8,673 $820,100 $175,000 $645,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3549996

Canopy MLS (Canopy Realtor® Association)

APN: 001-753-14