Seller's Agent in 2023
Scott Toney
RE/MAX Executives Charlotte, NC
(704) 968-4491
59 Total Sales
20105 Riverchase Dr Cornelius, NC 28031
Estimated Value: $2,485,000 - $2,789,000
4
Beds
4.5
Baths
3,981
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- Pier
- Boat Lift
- Waterfront
- Bailey Middle School Rated A-
- In Ground Pool
- Open Floorplan
About This Home
As of June 2023Spectacular waterfront residence on .47 acres w/ over 222' of shoreline! Pier with boat and jet ski lifts. Pool & hot tub recently upgraded w/ new PebbleTec, heater, deck, & walls of silver travertine & stacked ledger stone. Covered wrap-around porch boasts an outdoor fireplace, and amazing lake views. Kitchen w/ gas cooktop, dual ovens, your own built-in Miele espresso maker(!), & dual dishwashers. Primary bedroom has 2 walk-in closets & a separate sitting room/office. Living areas on the main floor offer expansive lake views, soaring ceilings, & a stone fireplace w/ reclaimed wood mantle. New hardwoods in much of the living area were added in 2019, and original hardwoods just refinished to match. Main level office w/ built-ins. Two additional bedrooms & baths were added in 2019. Lakeside exercise studio w/ split ac system. Beautiful year round sunrises and moon rises with sunsets visible from the dock in the summer. Operate pool controls using AquaLink app from smartphone.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,404
Year Built
- Built in 1986
Lot Details
- 0.47 Acre Lot
- Waterfront
- Property is zoned GR
Parking
- 2 Car Attached Garage
Home Design
- Transitional Architecture
- Wood Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Great Room with Fireplace
- Crawl Space
Kitchen
- Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Outdoor Features
- In Ground Pool
- Pier
- Boat Lift
- Wrap Around Porch
- Fireplace in Patio
- Outdoor Fireplace
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heat Pump System
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
- No Home Owners Association
- Riverchase Subdivision
Listing and Financial Details
- Assessor Parcel Number 001-441-65
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Jun 13, 2023
Sold by
Ely Jason and Ely Jonah
Bought by
Young Edwin and Young Pamela
Seller's Agent
Scott Toney
RE/MAX Executive
Buyer's Agent
Dennis Caudle
Lake Realty
List Price
$2,349,000
Sold Price
$2,430,000
Premium/Discount to List
$81,000
3.45%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,530
Avg. Annual Appreciation
2.70%
Original Mortgage
$1,930,000
Outstanding Balance
$1,866,701
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$717,829
Purchase Details
Closed on
Aug 31, 2016
Sold by
Margo A Aswad
Bought by
Ely Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.43%
Purchase Details
Closed on
May 19, 2005
Sold by
Aswad Margo A and Schmidt David R
Bought by
Schmidt David R and Aswad Margo A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2002
Sold by
Lancto Jon Allan and Lancto Gayle C
Bought by
Aswad Margo Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,200
Interest Rate
5.15%
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 |
|---|---|---|---|
| Young Edwin | $2,430,000 | None Listed On Document | |
| Ely Jason | -- | -- | |
| Schmidt David R | -- | -- | |
| Aswad Margo Andrea | $537,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Edwin | $1,930,000 | |
| Previous Owner | Ely Jason | $760,000 | |
| Previous Owner | Ely Jason | -- | |
| Previous Owner | Schmidt David R | $469,000 | |
| Previous Owner | Aswad Margo Andrea | $483,200 | |
| Closed | Schmidt David R | $134,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $2,430,000 | -2.6% | $610 / Sq Ft |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 04/25/2023 04/25/23 | Price Changed | $2,495,000 | +6.2% | $627 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $2,349,000 | -3.3% | $590 / Sq Ft |
| 10/21/2022 10/21/22 | Off Market | $2,430,000 | -- | -- |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- |
| 10/04/2022 10/04/22 | Price Changed | $2,349,000 | -5.1% | $590 / Sq Ft |
| 09/14/2022 09/14/22 | For Sale | $2,475,000 | -- | $622 / 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 | $13,404 | $2,035,140 | $1,210,000 | $825,140 |
| 2024 | $13,404 | $2,035,140 | $1,210,000 | $825,140 |
| 2023 | $12,991 | $2,003,440 | $1,210,000 | $793,440 |
| 2022 | $8,258 | $968,120 | $577,500 | $390,620 |
| 2021 | $8,161 | $968,120 | $577,500 | $390,620 |
| 2020 | $8,014 | $950,600 | $577,500 | $373,100 |
| 2019 | $8,008 | $950,600 | $577,500 | $373,100 |
| 2018 | $9,350 | $864,600 | $525,000 | $339,600 |
| 2017 | $9,281 | $864,600 | $525,000 | $339,600 |
| 2016 | $9,278 | $864,600 | $525,000 | $339,600 |
| 2015 | $9,145 | $864,600 | $525,000 | $339,600 |
| 2014 | $9,143 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Toney
-
Dennis Caudle
D
Buyer's Agent in 2023
Dennis Caudle
Lake Realty
(704) 957-1187
27 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3904918
APN: 001-441-65
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