NOT LISTED FOR SALE

19429 Laurel Glen Ave Cornelius, NC 28031

Estimated Value: $1,750,000 - $2,894,379

5 Beds
5 Baths
5,353 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $950,000 $177 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $13,361/month

21 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Cathedral Ceiling
  • Bailey Middle School Rated A-
  • Community Lake
  • Ranch Style House

About This Home

As of July 2018

Incredible opportunity to have 2+ acres on the shores of Lake Norman for under a Million. This completely renovated home is ready to greet you and your guest with the welcoming round about driveway and rocking chair front porch. Inside you will be greeted with beautiful hardwood floors, bright & airy kitchen and updated bathrooms. Downstairs, you can host a lakefront party without ever having to go upstairs. You have a full kitchen, full bath and ample space for a game room. Also, you have a 2nd laundry area.

Enjoy the outdoors in this relaxing environment, and take advantage of the recently dredged cove and the new dock with a boat lift. Just down the road, you can enjoy the community beach. With plenty of room to roam indoors and out, this is a house that is ready to love and grow in!!

Last Agent to Sell the Property

Leland Oxenford

Rawson Realty, LLC License #297540 Listed on: 03/09/2018

Last Buyer's Agent

JJ Morse

Mooresville Realty LLC License #198617

Mooresville Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • Front Green Space
  • Level Lot
  • Open Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • Outdoor Fireplace
  • Separate Outdoor Workshop

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-085-19

Community Details

Overview

  • Diane Shores Homeowners Association, Phone Number (704) 992-0061
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

HOA Fees

$14 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97436
  • Ratio Close Price By Original Li: 0.97436
  • Ratio Current Price By Acre: 467980.30
  • Ratio Current Price By Sq Ft: 177.47
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Outside Entrance
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Intercom, Microwave, Oven, Refrigerator, Self Cleaning Oven, Security System, Wall Oven, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-992-0061
  • Interior Amenities: Attic Other, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 384
  • Sq Ft Basement: 1540
  • Main Level Sq Ft: 3813
  • Total Sq Ft: 5353
  • Sq Ft Unheated Basement: 121
  • Sq Ft Unheated Main: 710
  • Sq Ft Unheated Total: 831

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop, Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area, Street Lights
  • Association Fee: 173.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Diane Shores Homeowners Association
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 215Rx288x217WFx218x188
  • Lot Features: Golf Course View, Waterfront, Green Area, Lake Access, Level, Open Lot, Paved Frontage
  • Lot Size Area: 2.030
  • Parcel Number: 001-085-19
  • Plat Book Slide: 36/113
  • Zoning Specification: GR

Tax Info

  • Tax Value: 799000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Jul 9, 2018
Sold by
Merriman David R and Merriman Margaret A
Bought by
Burrow Wiley L and Burrow Eldean K
Seller's Agent
Leland Oxenford
Rawson Realty, LLC
Buyer's Agent
JJ Morse
Mooresville Realty LLC
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$2,362,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,412,595
Avg. Annual Appreciation
13.31%
Original Mortgage
$855,000
Outstanding Balance
$742,623
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,619,972

Purchase Details

Closed on
Mar 28, 2002
Sold by
Bustle Johnny R and Bustle Cheryl M
Bought by
Merriman David R and Merriman Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Burrow Wiley L $950,000 None Available
Merriman David R $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrow Wiley L $855,000
Previous Owner Merriman David R $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $950,000 -2.6% $177 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $975,000 -- $182 / 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 $10,300 $1,562,100 $800,000 $762,100
2024 $10,300 $1,562,100 $800,000 $762,100
2023 $10,300 $1,562,100 $800,000 $762,100
2022 $8,294 $972,400 $472,500 $499,900
2021 $8,197 $972,400 $472,500 $499,900
2020 $8,197 $972,400 $472,500 $499,900
2019 $8,191 $972,400 $472,500 $499,900
2018 $8,642 $799,000 $490,000 $309,000
2017 $8,579 $799,000 $490,000 $309,000
2016 $8,575 $799,000 $490,000 $309,000
2015 $8,452 $799,000 $490,000 $309,000
2014 $8,450 $799,000 $490,000 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3359259

Canopy MLS (Canopy Realtor® Association)

APN: 001-085-19