NOT LISTED FOR SALE

19921 Chapel Point Ln Cornelius, NC 28031

Estimated Value: $940,000 - $1,341,000

4 Beds
3.5 Baths
4,365 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $397,000 $91 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $6,948/month

16 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Traditional Architecture
  • Bailey Middle School Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of June 2017

Location, Location, Location! This home is priced below Tax value, but is in need of some TLC. SELLER IS MOTIVATED! Community has lake access w/ a boat ramp! Situated on one of the prettiest streets in Cornelius, this home features a great floor plan, large bedrooms, a basement suitable for mother-in law quarters, private back yard and wonderful gardens. County records show this home to be a 3bedroom, however there appear to be 4 as of this listing. County records show 4037 S.F.

Last Agent to Sell the Property

LeeAnn Richards

High Ground Investment Properties License #188343 Listed on: 04/13/2017

Co-Listed By

Michael Richards

High Ground Investment Properties License #244515

Last Buyer's Agent

Rick Ruffin

Rick Ruffin Realty License #285614

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Community Details

  • HOA Homeowners Assoc Association, Phone Number (704) 488-7115
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 00150110

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90433
  • Ratio Close Price By Original Li: 0.90433
  • Ratio Current Price By Acre: 863043.48
  • Ratio Current Price By Sq Ft: 90.95
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1197
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-488-7115
  • Interior Amenities: Cable Available, Open Floorplan, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Separate Entrance
  • Sq Ft Additional: 579
  • Sq Ft Basement: 1492
  • Main Level Sq Ft: 1676
  • Total Sq Ft: 4365

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Floor Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake
  • Association Fee: 495.00
  • Association Fee Frequency: Annually
  • HOA Management Company: HOA Homeowners assoc
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Lake Access, Private, Trees
  • Lot Size Area: 0.460
  • Parcel Number: 00150110
  • Zoning: Residential
  • Zoning Specification: res

Tax Info

  • Tax Value: 475600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 5, 2017
Sold by
Divorced Esther Muzziollo
Bought by
Fotey Timothy Dane and Fotey Traci Ranee
Seller's Agent
LeeAnn Richards
High Ground Investment Properties
Buyer's Agent
Rick Ruffin
Rick Ruffin Realty
List Price
$439,000
Sold Price
$397,000
Premium/Discount to List
-$42,000
-9.57%
Current Estimated Value
$1,176,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,854
Avg. Annual Appreciation
14.45%
Original Mortgage
$377,150
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Hallman Timothy M and Hallman Natalie A
Bought by
Muzzillo Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2000
Sold by
Castlereagh Ltd
Bought by
Hallman Timothy M and Hallman Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1999
Sold by
Magna Funding Corporation
Bought by
Castlereagh Ltd
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
Fotey Timothy Dane $397,000 None Available
Muzzillo Esther $422,000 --
Hallman Timothy M $360,000 --
Castlereagh Ltd $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Timothy Dane $352,462
Closed Foley Timothy Dane $238,000
Closed Foley Timothy Dane $48,000
Closed Poley Timothy Dane $420,000
Closed Foley Timothy Dane $52,000
Closed Foley Timothy Dane $416,800
Closed Foley Timothy Dane $83,000
Closed Fotey Timothy Dane $377,150
Previous Owner Muzzillo Esther $321,500
Previous Owner Muzzillo Esther $322,700
Previous Owner Muzzillo Esther $322,700
Previous Owner Muzzillo Esther $322,700
Previous Owner Hallman Timothy M $70,000
Previous Owner Hallman Timothy M $275,000
Closed Muzzillo Esther $57,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $397,000 -9.6% $91 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $439,000 -- $101 / 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
2023 $4,885 $749,100 $219,400 $529,700
2022 $3,399 $395,800 $75,000 $320,800
2021 $3,360 $395,800 $75,000 $320,800
2020 $3,360 $395,800 $75,000 $320,800
2019 $3,354 $395,800 $75,000 $320,800
2018 $5,155 $475,600 $100,000 $375,600
2017 $5,116 $475,600 $100,000 $375,600
2016 $5,113 $475,600 $100,000 $375,600
2015 $5,038 $475,600 $100,000 $375,600
2014 $5,036 $475,600 $100,000 $375,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3271275

Canopy MLS (Canopy Realtor® Association)

APN: 001-501-10