NOT LISTED FOR SALE

20107 Bascom Ridge Dr Cornelius, NC 28031

Estimated Value: $1,840,000 - $3,731,690

4 Beds
7 Baths
7,422 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,750,000 $236 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,571/month

558 Days on Market

Highlights

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

About This Home

As of May 2022

Classic, elegant & timeless, this Lake Norman home boasts 300+ linear feet of waterfront boardwalk with 2 gazebos. The elevator elegantly connects all 3 levels. The upper deck along the back of the home provides tranquil lake views. The office space on the upper level overlooks the grand dining room and bar area. There are also 9+ acres of submerged land to convey.

Last Agent to Sell the Property

Amy Petrenko

Premier Sotheby's International Realty License #289896 Listed on: 11/12/2020

Premier Sotheby's International Realty

Co-Listed By

Vic Petrenko

Premier Sotheby's International Realty License #289897

Last Buyer's Agent

Deanna Murphree

DSM Properties Inc License #113134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,851

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 134' x 66' x 31' x 200' x 214' x 133' x 266'
  • Waterfront
  • Irrigation
  • Wooded Lot
  • Zoning described as GR

HOA Fees

  • $87 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Mud Room
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Pier
  • Personal Watercraft Lift
  • Boat Lift
  • Boat Slip
  • Deck
  • Patio
  • Gazebo

Schools

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

Utilities

  • Zoned Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 001-762-26

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Crown Harbor Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities
  • Community Pool
  • Water Sports

Additional Features

  • Clubhouse
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,851

Year Built

Built in 1996

Lot Details

0

HOA Fees

$87 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1996
  • Ratio Current Price By Acre: 921052.63
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Subdivision,Other - See Media/Remarks
  • Doors and Windows: Screen Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: 0
  • Proposed Special Assessment Desc: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Attic Walk In, Built Ins, Drop Zone, Elevator, Garage Shop, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3816
  • 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: 507
  • Sq Ft Unheated Upper: 507
  • Sq Ft Upper: 2291
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Deck,Patio
  • Appliances: Bar Fridge, Electric Cooktop, Dishwasher, Disposal, Plumbed For Ice Maker, Natural Gas, Refrigerator, Self Cleaning Oven, Wall Oven, Wine Refrigerator
  • Accessibility Features: Elevator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1315
  • Fireplace Features: Gas Log, Great Room, Living Room, Gas
  • Living Area: 7422
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Elevator, Gazebo, In-Ground Irrigation, Underground Power Lines
  • New Construction: No
  • Roof: See Remarks
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private, Boat Lift, Boat Slip (Deed), Dock, Paddlesport Launch Site, Personal Watercraft Lift, Pier
  • Construction Type: Brick, Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 937
  • Parking Features: Driveway, Garage - 4+ Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Outdoor Pool, Recreation Area, Sidewalks, Street Lights
  • Association Fee: 260
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne Management
  • Phone: (704-377-0114
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake Access, Water View, Waterfront, Wooded, Year Round View, See Remarks
  • Lot Size Area: 1.9
  • Lot Size Units: Acres
  • Parcel Number: 001-762-26
  • Plat Book Slide: 51
  • Plat Reference Section Pages: 88
  • Lot Size: 134' x 66' x 31' x 200' x 214' x 133' x 266'
  • Additional Parcels Description: 001-762-24 and 001-762-99
  • Zoning Description: GR

Building Info

  • Builder Name: NA

Tax Info

  • RATIO List Price By Tax Amount: 1.23201

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2008
Sold by
Jen Chih and Jen I
Bought by
Jen Chih and Jen I
Total Days on Market
558
Current Estimated Value
$2,597,423

Purchase Details

Closed on
Jan 2, 1998
Sold by
Crown Harbor Llc
Bought by
Jen Chih and Jen I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jen Chih -- None Available
Jen Chih $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant William James $1,487,500
Closed Jen Chih $688,450
Closed Jen Chih $617,252
Closed Jen Chih $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,750,000 -7.9% $236 / Sq Ft
09/14/2021 09/14/21 Price Changed $1,900,000 -9.5% $256 / Sq Ft
02/01/2021 02/01/21 Price Changed $2,100,000 -4.5% $283 / Sq Ft
11/12/2020 11/12/20 For Sale $2,200,000 -- $296 / 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 $10,851 $1,672,300 $600,000 $1,072,300
2022 $13,131 $1,542,200 $540,000 $1,002,200
2021 $12,977 $1,542,200 $540,000 $1,002,200
2020 $12,977 $1,542,200 $540,000 $1,002,200
2019 $12,971 $1,542,200 $540,000 $1,002,200
2018 $11,914 $1,102,400 $280,000 $822,400
2017 $11,827 $1,102,400 $280,000 $822,400
2016 $11,824 $1,102,400 $280,000 $822,400
2015 $11,655 $1,102,400 $280,000 $822,400
2014 $11,653 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3673218

Canopy MLS (Canopy Realtor® Association)

APN: 001-762-26