NOT LISTED FOR SALE

20108 Chapel Point Ln Cornelius, NC 28031

Estimated Value: $957,000 - $1,286,000

4 Beds
3.5 Baths
3,555 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $985,000 $277 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,511/month

35 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Charleston Architecture
  • Covered patio or porch

About This Home

As of April 2023

Back on the market been through inspections necessary repairs have been scheduled..... Can you say curb appeal and great location in Cornelius? This Low Country Charmer's wrap around front porch will be your favorite room in the house. Extensive remodel in 2017 which included roof, exterior paint, HVAC, kitchen, master bath with wet room, hardwoods, back patio with lighting, rear hardscaping, drought resistant zoysia grass, Whole house generator, heated and cooled garage (Ductless mini split) entire interior painted last week. Easy to show..... Both owners are licensed Real Estate Agents
**** I have checked with the town of Cornelius about the possibility of a pool it is impervious exempt and as long as you stay with in the rear setbacks you should be able to do it however the director will need to sign off on the drawings.

Last Agent to Sell the Property

Kelly Mullins

Newport Properties License #179801 Listed on: 02/16/2023

Last Buyer's Agent

Kristen Kosicki

Ivester Jackson Properties License #231899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 1995

Lot Details

  • Back and Front Yard Fenced
  • Electric Fence

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Charleston Architecture

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Bar Fridge
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Access To Lake
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Generator Hookup
  • Cable TV Available

Community Details

  • Chapel Point HOA
  • Chapel Point Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 001-504-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,982

Year Built

Built in 1995

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Charleston
  • Year Built: 1995
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 277.07
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1794
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1482
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1482
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1761
  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Wall Oven, Washer/Dryer
  • Other Equipment: Generator Hookup
  • Above Grade Finished Sq Ft: 3555
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 3555
  • Bedroom Main: 1
  • Room Count: 15

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Electric, Fenced, Front Yard
  • View: Water, Winter
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Ramp – Community
  • Construction Type: Cedar Shake
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Ductless, ENERGY STAR Qualified Equipment, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Hall, Utility Room, Laundry Room
  • Security: Security System
  • Cooling: Ceiling Fan(s), Ductless, ENERGY STAR Qualified Equipment, Heat Pump
  • Utilities: Cable Available, Cable Connected, Gas, Satellite Internet Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Chapel Point HOA
  • ResoAssociationFeeFrequency: Annually
  • Association Email: awlax@michaelbest.com

Association/Amenities

  • Association Annual Expense: 500.00

Schools

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

Lot Info

  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 001-504-02
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 24, 2023
Sold by
Gaither William H and Gaither Katherine M
Bought by
Wright Everett Lewis and Wright Suzanne B
Seller's Agent
Kelly Mullins
Newport Properties
Buyer's Agent
Kristen Kosicki
Ivester Jackson Properties
List Price
$1,050,000
Sold Price
$985,000
Premium/Discount to List
-$65,000
-6.19%
Views
41
Current Estimated Value
$1,096,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,067
Avg. Annual Appreciation
5.68%
Original Mortgage
$726,200
Outstanding Balance
$705,184
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$408,362

Purchase Details

Closed on
Jul 11, 2016
Sold by
Michaels Nanci S
Bought by
Michaels Jacob S

Purchase Details

Closed on
Jan 3, 2016
Sold by
Michaels Jacob S
Bought by
Gaither William H and Gaither Katherine M

Purchase Details

Closed on
Jan 5, 2006
Sold by
Dunne Gary Richard and Dunne Cathy Matthews
Bought by
Michaels Jacob S and Michaels Nanci S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,200
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Wright Everett Lewis $985,000 None Listed On Document
Michaels Jacob S -- None Available
Gaither William H $395,000 None Available
Michaels Jacob S $421,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Everett Lewis $726,200
Previous Owner Gaither William H $428,000
Previous Owner Gaither William $355,500
Previous Owner Michaels Jacob S $337,200
Previous Owner Dunne Gary Richard $166,000
Previous Owner Dunne Gary R $185,000
Previous Owner Dunne Gary R $100,000
Previous Owner Dunne Gary Richard $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $985,000 -6.2% $277 / Sq Ft
02/16/2023 02/16/23 For Sale $1,050,000 -- $295 / 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 $4,982 $764,100 $219,500 $544,600
2022 $3,132 $364,300 $75,000 $289,300
2021 $3,096 $364,300 $75,000 $289,300
2020 $3,096 $364,300 $75,000 $289,300
2019 $3,090 $364,300 $75,000 $289,300
2018 $4,407 $406,200 $100,000 $306,200
2017 $4,373 $406,200 $100,000 $306,200
2016 $4,370 $406,200 $100,000 $306,200
2015 $4,305 $406,200 $100,000 $306,200
2014 $4,303 $406,200 $100,000 $306,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4003002

Canopy MLS (Canopy Realtor® Association)

APN: 001-504-02