NOT LISTED FOR SALE

20117 Riverchase Dr Cornelius, NC 28031

Estimated Value: $1,651,000 - $2,104,000

3 Beds
2.5 Baths
4,342 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $840,000 $193 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $11,361/month

112 Days on Market

Highlights

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

About This Home

As of August 2018

Water Front on Lake Norman with boat slip and a dock! Kitchen was remodeled 4 years ago, Granite, tile backsplash, new appliances and stunning view of the lake. Separate dining room with new alcove window. Open floor plan with gas fireplace and 2 sliding glass doors in the living room, again full lake views. Master suite on main level with walk in closets, dual vanities, garden tub, separate shower and heated floors. All windows were replaced a year ago. Patio was refinished last year. Carpet is only 2 years old. Wet bar in basement. Tons of storage throughout. Private backyard is perfect for relaxing, walkway to the dock, attractive landscape and mature trees. Home has 4 bedrooms but the septic is only permitted for 3 bedrooms.
Great location! You are close to Cornelius Arts District, Ramsey Creek Park is a great place for dogs. Jetton Park has tennis courts and walking trail. Birkdale Village provides you all the shopping you need.
All of this with NO HOA!!

Last Agent to Sell the Property

Dan Jones

Carolina Real Estate Experts The Dan Jones Group License #268937 Listed on: 03/04/2018

Co-Listed By

Kim Myers

Carolina Real Estate Experts The Dan Jones Group License #281875

Last Buyer's Agent

Ana Sturt

NextHome Choice Realty License #235359

NextHome Choice Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-441-67A

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97674
  • Ratio Close Price By Original Li: 0.97674
  • Ratio Current Price By Acre: 1787234.04
  • Ratio Current Price By Sq Ft: 193.46
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 865
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Rec Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1108
  • Main Level Sq Ft: 2369
  • Total Sq Ft: 4342
  • Sq Ft Unheated Main: 479
  • Sq Ft Unheated Total: 479

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Features: Waterfront, Water view, Trees
  • Lot Size Area: 0.470
  • Parcel Number: 001-441-67A
  • Plat Reference Section Pages: 400
  • Zoning Specification: GR

Tax Info

  • Tax Value: 741000.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
Aug 10, 2018
Sold by
Shimko John M
Bought by
Mccarthy Barbara J and Mccarthy Susan M
Seller's Agent
Dan Jones
Carolina Real Estate Experts The Dan Jones Group
Buyer's Agent
Ana Sturt
NextHome Choice Realty
List Price
$860,000
Sold Price
$840,000
Premium/Discount to List
-$20,000
-2.33%
Current Estimated Value
$1,961,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,121,340
Avg. Annual Appreciation
12.63%
Original Mortgage
$540,000
Outstanding Balance
$468,968
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,492,372

Purchase Details

Closed on
May 12, 1999
Sold by
Ridle James E and Ridle Patricia O
Bought by
Shimko John M and Shimko Cynthia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
6.98%
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
Mccarthy Barbara J $840,000 Chicago Title
Shimko John M $443,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Barbara J $540,000
Previous Owner Shimko John M $354,400
Closed Shimko John M $44,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $840,000 -2.3% $193 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $860,000 +2.4% $198 / Sq Ft
04/20/2018 04/20/18 Off Market $840,000 -- --
03/17/2018 03/17/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $860,000 -- $198 / 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
2025 $11,068 $1,695,100 $1,100,000 $595,100
2024 $11,068 $1,679,100 $1,100,000 $579,100
2023 $10,895 $1,679,100 $1,100,000 $579,100
2022 $7,351 $861,300 $525,000 $336,300
2021 $7,265 $861,300 $525,000 $336,300
2020 $7,265 $861,300 $525,000 $336,300
2019 $7,259 $861,300 $525,000 $336,300
2018 $8,017 $741,000 $455,000 $286,000
2017 $7,958 $741,000 $455,000 $286,000
2016 $7,954 $741,000 $455,000 $286,000
2015 -- $741,000 $455,000 $286,000
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3364142

Canopy MLS (Canopy Realtor® Association)

APN: 001-441-67A