NOT LISTED FOR SALE

19601 Stough Farm Rd Cornelius, NC 28031

Estimated Value: $3,108,000 - $4,792,179

4 Beds
4.5 Baths
4,002 Sq Ft
$984/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $995,000 $249 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $22,686/month

127 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Transitional Architecture
  • Corner Lot

About This Home

As of October 2019

NO UPDATES NEEDED - Everything has been done for you! Beautiful waterfront home on private corner lot in Patricks Purchase with 4 bedrooms and 4 1/2 baths. Master on main with fully updated bath, dual vanities and walk-in custom closets. Enjoy water views and natural light from the 2-story great room as well as the master bedroom and breakfast/kitchen area. Recently remodeled gourmet kitchen with custom cabinets, granite and stainless appliances. Upper level has 2 bedrooms each with full baths, an office area and a bonus room. In the basement, you have a bedroom and full bath, wet bar area, great room and additional rec room or bonus perfect for entertaining or hosting out-of-town guests. Basement has two large, unfinished walk-in storage areas. Lot is perfect for a pool or relax at your private, deep water dock in a secluded cove with main channel views and jet ski lift. Close to everything in The Peninsula and Jetton Park with no HOA!

Last Agent to Sell the Property

Pamela Black

Southern Homes of the Carolinas, Inc License #187965 Listed on: 05/22/2019

Co-Listed By

Daniel Callahan

Keller Williams Lake Norman License #273490

Last Buyer's Agent

Meg OBrien

Allen Tate Davidson License #221882

Allen Tate Davidson

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 00141201

Community Details

Overview

  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.88444
  • Ratio Close Price By Original Li: 0.76834
  • Ratio Current Price By Acre: 1117977.53
  • Ratio Current Price By Sq Ft: 248.63
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1134
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Basement, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 688
  • Sq Ft Basement: 1090
  • Main Level Sq Ft: 1778
  • Total Sq Ft: 4002

Exterior Features

  • Construction: Synthetic Stucco
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Walking Trails

Schools

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

Lot Info

  • Lot Features: Corner Lot, Water view, Waterfront
  • Lot Size Area: 0.890
  • Parcel Number: 00141201
  • Zoning Specification: GR

Tax Info

  • Tax Value: 982600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 16, 2019
Sold by
Frisch Meredith D
Bought by
Crespo Francisco and Francisco Crespo Revocable Trust
Seller's Agent
Pamela Black
Southern Homes of the Carolinas, Inc
Buyer's Agent
Meg OBrien
Allen Tate Davidson
List Price
$1,295,000
Sold Price
$995,000
Premium/Discount to List
-$300,000
-23.17%
Current Estimated Value
$3,939,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,944,393
Avg. Annual Appreciation
27.94%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Wilson Charles B and Wilson Barbara B
Bought by
Frisch Meredith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1995
Sold by
Stough Farms Family Ltd
Bought by
Wilson Charles B and Wilson Barbara B
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
Crespo Francisco $995,000 None Available
Frisch Meredith D $850,000 Chicago Title
Wilson Charles B $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frisch Meredith D $50,000
Previous Owner Frisch Meredith D $680,000
Previous Owner Wilson Charles B $200,000
Previous Owner Wilson Charles B $390,000
Previous Owner Wilson Charles B $417,000
Previous Owner Wilson Charles B $143,500
Previous Owner Wilson Charles B $50,000
Previous Owner Wilson Charles B $445,000
Previous Owner Wilson Charles B $445,000
Previous Owner Wilson Charles B $20,000
Previous Owner Wilson Charles Barry $100,000
Previous Owner Wilson Charles Barry $419,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $995,000 -11.6% $249 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $1,125,000 -2.1% $281 / Sq Ft
07/12/2019 07/12/19 Price Changed $1,149,000 -4.2% $287 / Sq Ft
06/19/2019 06/19/19 Price Changed $1,199,999 -4.0% $300 / Sq Ft
06/06/2019 06/06/19 Price Changed $1,250,000 -3.5% $312 / Sq Ft
05/22/2019 05/22/19 For Sale $1,295,000 -- $324 / 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 -- $3,526,100 $1,265,000 $2,261,100
2023 $16,640 $3,526,100 $1,265,000 $2,261,100
2022 $16,640 $1,983,600 $1,197,000 $786,600
2021 $10,189 $1,214,600 $1,197,000 $17,600
2020 $8,283 $982,600 $598,500 $384,100
2019 $8,277 $982,600 $598,500 $384,100
2018 $7,740 $715,300 $350,000 $365,300
2017 $7,683 $715,300 $350,000 $365,300
2016 $7,679 $715,300 $350,000 $365,300
2015 -- $715,300 $350,000 $365,300
2014 $7,566 $715,300 $350,000 $365,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3510685

Canopy MLS (Canopy Realtor® Association)

APN: 001-412-01