Seller's Agent in 2020
Robert Drag
Premier Sotheby's International Realty
(704) 309-3232
26 Total Sales
19813 Bustle Rd Unit 9 Cornelius, NC 28031
Estimated Value: $1,740,000 - $4,155,000
4
Beds
3
Baths
1,882
Sq Ft
$1,763/Sq Ft
Est. Value
Highlights
- Covered Dock
- Pier or Dock
- Waterfront
- Bailey Middle School Rated A-
- Boat Lift
- Community Lake
About This Home
As of June 2020Escape to the serenity of one of Lake Norman's original waterfront cottages. The home literally sits directly on the 760 contour. This property is surrounded by multi-million dollar homes, yet once in the home, it feels as if one is stepping back into a simpler place in time. Excellent views from Lake Norman can be enjoyed from every room of this home. Open kitchen and living areas make this home perfect for entertaining. Glass French doors open onto the large screened porch which sits directly over the water. The extensive dock was newly renovated in 2016. The dock includes a large covered area, floating dock, and boatlift.
Last Agent to Sell the Property
Premier Sotheby's International Realty License #192784 Listed on: 05/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,900
Year Built
- Built in 1965
Lot Details
- Waterfront
- Zoning described as GR
Home Design
- Cottage
- Slab Foundation
- Wood Siding
Interior Spaces
- Ceiling Fan
- Screened Porch
- Laminate Flooring
- Attic Fan
Kitchen
- Breakfast Bar
- Electric Range
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Boat Lift
- Covered Dock
- Deck
- Shed
- Outbuilding
Utilities
- Heat Pump System
- Shared Well
Listing and Financial Details
- Assessor Parcel Number 001-085-13
Community Details
Overview
- Diane Shores Subdivision
- Community Lake
Amenities
- Picnic Area
Recreation
- Pier or Dock
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2021
Sold by
Puma Philip Joseph and Puma Tami Lynn
Bought by
Puma Philip J and Puma Tami L
Current Estimated Value
Purchase Details
Listed on
May 13, 2020
Closed on
Jun 18, 2020
Sold by
Morrison Lawrence and Morrison Elizabeth
Bought by
Puma Philip Joseph and Puma Tami Lynn
Seller's Agent
Robert Drag
Premier Sotheby's International Realty
Buyer's Agent
Phil Puma
Puma & Associates Realty, Inc.
List Price
$899,900
Sold Price
$1,100,000
Premium/Discount to List
$200,100
22.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%
Original Mortgage
$510,400
Outstanding Balance
$452,431
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,864,970
Purchase Details
Closed on
Jun 19, 2018
Sold by
Morrison Hugh H and Morrison Mary Margaret R
Bought by
Morrison Lawrence and Morrison Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 1985
Bought by
Morrison Hugh H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Puma Philip J | -- | None Available | |
| Puma Philip Joseph | $1,100,000 | Millennial Title Partners | |
| Morrison Lawrence | $795,000 | None Available | |
| Morrison Hugh H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Puma Philip Joseph | $510,400 | |
| Previous Owner | Morrison Lawrence | $636,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2020 06/18/20 | Sold | $1,100,000 | +22.2% | $584 / Sq Ft |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $899,900 | -- | $478 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $23,900 | $3,627,080 | $1,170,000 | $2,457,080 |
| 2024 | $23,900 | $3,627,080 | $1,170,000 | $2,457,080 |
| 2023 | $23,527 | $3,627,080 | $1,170,000 | $2,457,080 |
| 2022 | $10,567 | $1,244,800 | $680,000 | $564,800 |
| 2021 | $6,611 | $783,400 | $680,000 | $103,400 |
| 2020 | $6,614 | $783,700 | $680,000 | $103,700 |
| 2019 | $6,608 | $783,700 | $680,000 | $103,700 |
| 2018 | $5,021 | $463,100 | $350,000 | $113,100 |
| 2017 | $4,982 | $463,100 | $350,000 | $113,100 |
| 2016 | $4,907 | $456,400 | $350,000 | $106,400 |
| 2015 | -- | $456,400 | $350,000 | $106,400 |
| 2014 | $4,833 | $456,400 | $350,000 | $106,400 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Drag
-
Phil Puma
Buyer's Agent in 2020
Phil Puma
Puma & Associates Realty, Inc.
(704) 375-2495
647 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3619471
APN: 001-085-13
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