NOT LISTED FOR SALE

19701 Bustle Rd Cornelius, NC 28031

Estimated Value: $2,311,000 - $2,723,838

4 Beds
5 Baths
4,226 Sq Ft
$601/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $1,365,000 $323 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $14,158/month

122 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Bailey Middle School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of June 2018

Stunning two-story waterfront home with renovations just completed by Simonini Homes. Brand new kitchen design and configuration with new breakfast peninsula, custom cabinetry, leathered quartz countertops, farm sink and Thermador appliances including 6-burner gas range with pot filler. Created new open-concept floorplan, added new flooring throughout (hardwood, custom designer tile and new carpet) and reconfigured main living area with show-stopping staircase, raising of entry ceiling and oversized sliding glass doors overlooking the lake. Enjoy the Southern exposure with outdoor living on your covered patio, sandy beach and personal dock with boat lift overlooking Lake Norman with long-range, Sunset views. Plenty of room for a pool!

Last Agent to Sell the Property

Anna Zientek

The Zientek Group License #280765 Listed on: 01/11/2018

The Zientek Group

Co-Listed By

Eric Zientek

The Zientek Group License #278222

Last Buyer's Agent

Steve Baker

DM Properties & Associates License #260406

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 122' x 261'
  • Waterfront
  • Irrigation

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Fire Pit
  • Gas Water Heater

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-085-07

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.79 Acres

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.85366
  • Ratio Current Price By Acre: 1727848.10
  • Ratio Current Price By Sq Ft: 323.00
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1961
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Double Oven, Disposal, Dishwasher, Gas Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Mirror in main floor powder room is part of staged furniture
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2265
  • Total Sq Ft: 4226
  • Sq Ft Unheated Main: 846
  • Sq Ft Unheated Total: 846

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Water Heater
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Dimension: 122' x 261'
  • Lot Features: Waterfront, Water view, Lake Access, Long Range View, Year Round View
  • Parcel Number: 001-085-07
  • Plat Book Slide: 2369-351
  • Plat Reference Section Pages: 4
  • Zoning: Residential
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1152100.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jun 11, 2018
Sold by
Hoerdemann Gregory M and Hoerdemann Donna S
Bought by
Smith Macadam and Smith Alison
Seller's Agent
Anna Zientek
The Zientek Group
Buyer's Agent
Steve Baker
DM Properties & Associates
List Price
$1,599,000
Sold Price
$1,365,000
Premium/Discount to List
-$234,000
-14.63%
Current Estimated Value
$2,537,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,172,960
Avg. Annual Appreciation
8.33%
Original Mortgage
$900,000
Outstanding Balance
$778,349
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,759,611

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 27, 2017
Sold by
Ovitsky Troy A and Ovitsky Lauren
Bought by
Hoerdemann Gregory M and Hoerdemann Donna S
Seller's Agent
Lance Carlyle
Carlyle Properties
Buyer's Agent
Anna Zientek
The Zientek Group
List Price
$1,149,000
Sold Price
$1,085,000
Premium/Discount to List
-$64,000
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%
Original Mortgage
$750,000
Interest Rate
3.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 2015
Sold by
Petrilli Sherri F
Bought by
Ovisky Troy A and Ovisky Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2003
Sold by
Allison Walter Thomas and Allison Kathryn Grace
Bought by
Petrilli Robert and Petrilli Sherri F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Macadam $1,365,000 None Available
Hoerdemann Gregory M $1,085,000 None Available
Ovisky Troy A $965,000 None Available
Petrilli Robert $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Macadam $900,000
Previous Owner Hoerdemann Gregory M $750,000
Previous Owner Ovisky Troy A $772,000
Previous Owner Petrilli Robert $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2018 06/11/18 Sold $1,365,000 -14.6% $323 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $1,599,000 +47.4% $378 / Sq Ft
04/28/2017 04/28/17 Sold $1,085,000 -5.6% $255 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,149,000 -- $270 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $13,161 $1,998,100 $1,040,000 $958,100
2024 $13,161 $1,998,100 $1,040,000 $958,100
2023 $12,956 $1,998,100 $1,040,000 $958,100
2022 $11,156 $1,309,500 $680,000 $629,500
2021 $10,966 $1,302,500 $680,000 $622,500
2020 $10,783 $1,280,700 $680,000 $600,700
2019 $10,777 $1,280,700 $680,000 $600,700
2018 $12,449 $1,152,100 $700,000 $452,100
2017 $12,360 $1,152,100 $700,000 $452,100
2016 $12,356 $1,152,100 $700,000 $452,100
2015 $12,180 $1,152,100 $700,000 $452,100
2014 $12,178 $1,152,100 $700,000 $452,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3349494

Canopy MLS (Canopy Realtor® Association)

APN: 001-085-07

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