NOT LISTED FOR SALE

20032 Norman Colony Rd Cornelius, NC 28031

Estimated Value: $1,228,000 - $1,558,818

3 Beds
2.5 Baths
2,869 Sq Ft
$497/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,420,032 $495 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,349/month

Highlights

  • Covered Dock
  • Boat Lift
  • Waterfront
  • Bailey Middle School Rated A-
  • Boat Slip
  • Open Floorplan

About This Home

As of February 2023

This property is packed w/ exquisite detailing & stunning waterfront views. In this newly renovated 3BD, 2BA home you'll find a beautiful custom-designed chef's kitchen w/ granite countertops, expansive quartz island, farmhouse apron sink, gas 6 burner stove, SS appliances & beverage fridge. A true entertainer's dream. Adjacent to the kitchen is an open floor plan w/ great room offering custom bookshelves flanking the gas fireplace. Soaring & gorgeous vaulted ceilings, hardwood floors, and an abundance of natural light. Formal dining room w/wainscoting and hardwood flooring. The “all” seasons room & screened in porch overlook Lake Norman. Relax in your spacious primary bedroom w/vaulted ceilings, luxury primary bath w/ gorgeous free standing tub & stand up frameless shower. Additional bonus room/office & flex space upstairs. This home has been meticulously maintained & is move in ready! Spectacular outdoor living! Incredible location. Incredible lifestyle! See feature sheet for more.

Last Agent to Sell the Property

Jeff Lynch

RE/MAX Executive License #238215 Listed on: 12/23/2022

RE/MAX Executive

Last Buyer's Agent

Jeff Lynch

RE/MAX Executive License #238215 Listed on: 12/23/2022

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 2002

Lot Details

  • 0.47 Acre Lot
  • Waterfront
  • Fenced
  • Private Lot
  • Irrigation
  • Wooded Lot
  • Property is zoned GR

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Covered Dock
  • Deck
  • Fire Pit
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Norman Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001-134-24

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,595

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Road Surface Type: Concrete
  • Unit Levels: 1 Story/F.R.O.G.
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 494.96
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2263
  • 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: 606
  • Appliances: Bar Fridge, Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2869
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Gas Log, Great Room
  • Living Area: 2869
  • Window Features: Window Treatments
  • Bedroom Main: 3
  • Room Count: 12

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced, Invisible
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Boat Slip (Deed), Covered structure
  • Exclusions: power source and collars for dog watch invisible fence and bell in yard
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 559
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Wooded, Waterfront
  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 001-134-24
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Feb 3, 2023
Sold by
Fulford William R and Fulford Kimberly A
Bought by
Crouch Ryan T
Seller's Agent
Jeff Lynch
RE/MAX Executive
Buyer's Agent
Jeff Lynch
RE/MAX Executive
List Price
$1,420,032
Sold Price
$1,420,032
Views
4
Current Estimated Value
$1,427,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,173
Avg. Annual Appreciation
0.21%
Original Mortgage
$1,136,025
Outstanding Balance
$1,098,624
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$328,581

Purchase Details

Closed on
Mar 29, 2017
Sold by
Smith Family Investment Holdings Llc
Bought by
Fulford William R and Fulford Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2002
Sold by
Seets Michael B
Bought by
Looby Gary W and Sardinia Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2001
Sold by
Heimbuch Robert J and Heimbuch Theresa
Bought by
Seets Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,607
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Crouch Ryan T $1,420,500 --
Fulford William R $615,000 Barristers Title Svcs Of The
Looby Gary W $138,000 --
Seets Michael B $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crouch Ryan T $1,136,025
Previous Owner Fulford Kimberly A $2,000,000
Previous Owner Fulford William R $383,000
Previous Owner Smith Family Investment Holdings Llc $850,000
Previous Owner Looby Gary W $290,000
Previous Owner Looby Gary W $75,000
Previous Owner Looby Gary W $105,200
Previous Owner Seets Michael B $69,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,420,032 0.0% $495 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/23/2022 12/23/22 For Sale $1,420,032 -- $495 / 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 $5,595 $1,010,800 $550,000 $460,800
2022 $5,595 $654,400 $350,000 $304,400
2021 $5,529 $654,400 $350,000 $304,400
2020 $5,563 $658,400 $350,000 $308,400
2019 $5,557 $658,400 $350,000 $308,400
2018 $6,380 $589,200 $350,000 $239,200
2017 $6,333 $589,200 $350,000 $239,200
2016 $6,329 $589,200 $350,000 $239,200
2015 $6,237 $589,200 $350,000 $239,200
2014 $6,235 $589,200 $350,000 $239,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3930303

Canopy MLS (Canopy Realtor® Association)

APN: 001-134-24