NOT LISTED FOR SALE

20315 Norman Colony Rd Cornelius, NC 28031

Estimated Value: $2,061,000 - $3,202,000

5 Beds
4.5 Baths
4,954 Sq Ft
$567/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $1,685,000 $340 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,510/month

400 Days on Market

Highlights

  • Under Construction
  • Waterfront
  • Wooded Lot
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of June 2018

Waterfront, new construction, estate home by Southern Cottage Corp. will be ready for Summer! Open and versatile floor plan with Designer Finishes & a monochromatic color theme with just a few featured colors. Home will allow for 5-6 Bedrooms (depending on your needs) and 4.5 baths. Rare & desirable .76 acre wooded lot sits on a cove with long-range westerly views to main channel. This 4954 sqft luxury home boasts laundry rooms both up and downstairs, a 3 car garage, and additional storage spaces. Home features continuous upgrades (kitchen, master suite & luxury bath) an upgraded high efficiency HVAC & an insulation package that includes spray foam. The Stately Stone seawall is already in place in a deep cove. Dock and Pier eligible through Duke Power. Walk/bike to shopping, Starbucks, Restaurants & grocery.

Last Agent to Sell the Property

Christy Walker

Keller Williams Lake Norman Brokerage Email: christy@christywalker.com License #202446 Listed on: 03/30/2017

Keller Williams Lake Norman

Last Buyer's Agent

Howard Kaplan

Lewis And Kirk Realty LLC License #293929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,942

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.76 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • <<selfCleaningOvenToken>>
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-132-44

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Southern Cottage Corporation
  • Keel Bay Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,942

Year Built

Built in 2018 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2018
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 340.13
  • Attribution Contact: christy@christywalker.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Walk In, Breakfast Bar, Built-in Features, Cable Prewire, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2481
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1008
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1008
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2473
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Oven, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 4954
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Living Area: 4954
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Water
  • Waterfront Features: Lake
  • Construction Type: Fiber Cement, Hard Stucco
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level, Upper Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Lot Features: Waterfront, Wooded
  • Lot Size Area: 0.76
  • Lot Size Units: Acres
  • Parcel Number: 001-132-44
  • Development Status: Under Construction
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33105
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Southern Cottage Corporation

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 21, 2018
Sold by
Kaneel Bay Development Llc
Bought by
Schneider Patrick O and Schneider Karen L
Seller's Agent
Christy Walker
Keller Williams Lake Norman
Buyer's Agent
Howard Kaplan
Lewis And Kirk Realty LLC
List Price
$1,649,000
Sold Price
$1,685,000
Premium/Discount to List
$36,000
2.18%
Current Estimated Value
$2,809,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,195
Avg. Annual Appreciation
7.53%
Original Mortgage
$900,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Schneider Patrick O $1,685,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Patrick O $897,500
Closed Schneider Patrick O $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $1,685,000 +2.2% $340 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,649,000 -- $333 / 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 $11,942 $2,278,500 $1,100,000 $1,178,500
2022 $11,942 $1,402,100 $700,000 $702,100
2021 $11,802 $1,402,100 $700,000 $702,100
2020 $11,802 $1,365,500 $700,000 $665,500
2019 $11,489 $1,365,500 $700,000 $665,500
2018 $7,090 $385,000 $385,000 $0
2017 $4,122 $385,000 $385,000 $0
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: 3265709

Canopy MLS (Canopy Realtor® Association)

APN: 001-132-44