NOT LISTED FOR SALE

19500 Stough Farm Rd Cornelius, NC 28031

Estimated Value: $1,790,000 - $2,350,000

4 Beds
4.5 Baths
5,788 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $1,399,000 $242 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,482/month

40 Days on Market

Highlights

  • Community Lake
  • Deck
  • Marble Flooring
  • Bailey Middle School Rated A-
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of March 2022

Stunning all brick 2 story/bsmt situated on a mature .93 acre lot! Walk in through iron front doors! Marble tile flooring in the Foyer w/ adj. Formal Din Rm & Liv Rm/Study! Bar between Formal Din Rm & Great Rm! Cath ceilings in the Great Rm with wdbrn fplc! Engineered hardwood flooring done in 2018 & main Kitchen remodeled in 2017-2018! Kitchen features Bosch oven/microwave & 2 pantries! Primary BR on the main level w/ added ensuite bath in 2016 that includes dual vanities & extra large w/in shower! Laundry is off the Primary Bedroom with a pocket door to the bath! Dual staircases lead upstairs to 3 additional Bedrooms, 2 full Baths & a Bonus Room! Plenty of storage! Fully fin. Basement with LVP flooring, 2nd Kitchen including cooktop/oven/ss hood/sink/dishwasher/bartop seating! Oversized Family Room with wdbrn fplc but could be converted to gas, full bath & utility rm! Future Bedroom (finished drywall & electricity) just needs flooring & closet! Community water access with boat ramp!

Last Agent to Sell the Property

Christy Walker

Keller Williams Lake Norman License #202446 Listed on: 02/02/2022

Keller Williams Lake Norman

Last Buyer's Agent

Christina Stone

Allen Tate Lake Norman License #300026

Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 1995

Lot Details

  • Irrigation
  • Wooded Lot
  • Zoning described as GR

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-412-23

Community Details

Overview

  • Patricks Purchase HOA
  • Patricks Purchase Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,663

Year Built

Built in 1995

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Ratio Current Price By Acre: 1504301.08
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Vinyl, Wood
  • Interior Amenities: Attic Walk In, Cable Available, Cathedral Ceiling(s), Kitchen Island, Pantry, Skylight(s), Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2659
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1884
  • Porch: Back,Covered,Deck,Patio,Other
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Electric Oven, Exhaust Hood, Plumbed For Ice Maker, Microwave, Security System, Wall Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1245
  • Fireplace Features: Great Room, Wood Burning
  • Living Area: 5788
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Waterfront Features: Boat Ramp – Community, Other
  • Construction Type: Brick, Synthetic Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 624
  • Parking Features: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Patricks Purchase HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake Access, Wooded, Wooded
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 001-412-23
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 2.05150

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 21, 2022
Sold by
Kothadia and Vilas
Bought by
Miller Martin and Miller Bridget
Seller's Agent
Christy Walker
Keller Williams Lake Norman
Buyer's Agent
Christina Stone
Allen Tate Lake Norman
List Price
$1,450,000
Sold Price
$1,399,000
Premium/Discount to List
-$51,000
-3.52%
Current Estimated Value
$1,984,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,762
Avg. Annual Appreciation
13.12%
Original Mortgage
$1,119,200
Outstanding Balance
$1,059,224
Interest Rate
4.16%
Mortgage Type
Balloon
Estimated Equity
$1,078,699

Purchase Details

Closed on
Nov 17, 1994
Sold by
Stough Farms Dev Co
Bought by
Kothadia Mansukhlal M and Kothadia Vilas M
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
Miller Martin $1,399,000 Matheson Law Firm Pa
Kothadia Mansukhlal M $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Martin $1,119,200
Previous Owner Kothadia Mansukhlal M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,399,000 -3.5% $242 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,450,000 -- $251 / 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
2024 $8,663 $1,312,700 $300,000 $1,012,700
2023 $8,527 $1,312,700 $300,000 $1,012,700
2022 $6,040 $706,800 $285,000 $421,800
2021 $5,969 $706,800 $285,000 $421,800
2020 $5,969 $706,800 $285,000 $421,800
2019 $5,963 $706,800 $285,000 $421,800
2018 $6,741 $622,700 $270,000 $352,700
2017 $6,691 $622,700 $270,000 $352,700
2016 $6,688 $607,300 $270,000 $337,300
2015 $6,428 $607,300 $270,000 $337,300
2014 $6,426 $607,300 $270,000 $337,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3824732

Canopy MLS (Canopy Realtor® Association)

APN: 001-412-23