20218 Rainbow Cir Cornelius, NC 28031
7
Beds
6
Baths
7,895
Sq Ft
0.69
Acres
Highlights
- Sauna
- Open Floorplan
- Mud Room
- Bailey Middle School Rated A-
- Marble Flooring
- Wine Refrigerator
About This Home
As of June 2024Indulge in modern luxury in this newly built LKN masterpiece. As you enter through the striking steel front door, you are greeted by a seamless open concept adorned w/exquisite finishes. French white oak floors to the meticulously curated details, every element of this home exudes timeless elegance & craftsmanship. Featured on main level is the owners suite & ensuite, fitness room w/sauna, office/flex space, full bath & a bonus room w/ swinging barstools! Upper level boasts 5 additional bedrooms and 2nd bonus room all w/sleek design & functional layout. Discover the convenience of not one, but two laundry rooms, & indulge in culinary delights w/the added bonus of a scullery, all high end appliances & oversized full quartzite island. Screened porch w/fireplace overlooks the fenced backyard, including a separate fenced dog run with artificial turf. This residence is a statement of contemporary elegance, reflecting a commitment to luxury living in one of LKN's most sought-after locations.
Last Agent to Sell the Property
Premier Sotheby's International Realty Brokerage Email: ben.bowen@premiersir.com License #225345 Listed on: 12/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,441
Year Built
- Built in 2022
Lot Details
- Privacy Fence
- Back Yard Fenced
- Property is zoned GR
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Brick Exterior Construction
- Wood Siding
- Hardboard
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Sound System
- Built-In Features
- Bar Fridge
- Pocket Doors
- Mud Room
- Living Room with Fireplace
- Screened Porch
- Sauna
- Crawl Space
Kitchen
- Breakfast Bar
- Double Oven
- Gas Range
- Freezer
- Plumbed For Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- Walk-In Closet
- 6 Full Bathrooms
- Garden Bath
Laundry
- Laundry Room
- Laundry Chute
Utilities
- Forced Air Heating and Cooling System
Community Details
- Biscayne Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 001-702-04
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Jun 7, 2024
Sold by
Monteith Howard W and Monteith Amber L
Bought by
Levine Benjamin Aaron and Broesder Madison
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Cristina Grossu
Realty ONE Group Select
List Price
$3,850,000
Sold Price
$3,637,500
Premium/Discount to List
-$212,500
-5.52%
Total Days on Market
133
Views
120
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
$19,195
Avg. Annual Appreciation
-0.08%
Original Mortgage
$2,513,000
Outstanding Balance
$2,503,624
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,131,063
Purchase Details
Closed on
Feb 21, 2020
Sold by
Stack Ricky E and Stack Michele Lenhart
Bought by
Monteith Howard W and Monteith Amber L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 20, 1995
Sold by
Neville Jr Johnny L and Phyllis Saxon F
Bought by
Stack Ricky E
Similar Homes in Cornelius, NC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,637,500 | Lm Title Agency Llc | |
| Warranty Deed | $200,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,513,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $1,050,000 | New Conventional | |
| Previous Owner | $1,040,000 | Construction | |
| Previous Owner | $141,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $3,637,500 | -1.7% | $461 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $3,700,000 | -3.9% | $469 / Sq Ft |
| 03/01/2024 03/01/24 | Price Changed | $3,850,000 | 0.0% | $488 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $3,850,000 | +5.8% | $488 / Sq Ft |
| 02/09/2024 02/09/24 | Off Market | $3,637,500 | -- | -- |
| 12/01/2023 12/01/23 | For Sale | $4,200,000 | -- | $532 / 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 |
|---|---|---|---|---|
| 2023 | $15,441 | $2,382,690 | $250,000 | $2,132,690 |
| 2022 | $8,488 | $999,900 | $130,000 | $869,900 |
| 2021 | $1,091 | $130,000 | $130,000 | $0 |
| 2020 | $778 | $130,000 | $130,000 | $0 |
| 2019 | $1,091 | $130,000 | $130,000 | $0 |
| 2018 | $647 | $60,000 | $60,000 | $0 |
| 2017 | $642 | $60,000 | $60,000 | $0 |
| 2016 | $642 | $60,000 | $60,000 | $0 |
| 2015 | $633 | $60,000 | $60,000 | $0 |
| 2014 | $633 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Bowen
Seller's Agent in 2024
Ben Bowen
Premier Sotheby's International Realty
(704) 572-6070
175 Total Sales
-
Cristina Grossu
Buyer's Agent in 2024
Cristina Grossu
Realty ONE Group Select
(808) 341-4995
172 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4082378
APN: 001-702-04
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 20400 Rainbow Cir
- 20310 Havenview Dr
- 20338 Christofle Dr
- 20428 Island Forest Dr
- 20711 Bethel Church Rd
- 19523 Sunnypoint Ct
- 20637 Island Forest Dr
- 20635 Queensdale Dr
- 19614 Meta Rd
- 19118 Betty Stough Rd
- 19040 Mary Ardrey Cir
- 19577 Meta Rd
- 21013 Island Forest Dr
- 20361 Enclave Oaks Ct
- 19409 Laurel Glen Ave
- 20614 Pointe Regatta Dr
- 20313 Queensdale Dr
- 20312 Deep Cove Ct
- 20016 Walter Henderson Rd
- 20107 N Cove Rd