NOT LISTED FOR SALE

20420 Island Forest Dr Cornelius, NC 28031

Estimated Value: $2,219,000 - $3,128,000

4 Beds
3.5 Baths
3,543 Sq Ft
$707/Sq Ft Est. Value

Highlights

  • Attic
  • Lawn
  • Attached Garage
  • Bailey Middle School Rated A-
  • Fireplace
  • Tray Ceiling

About This Home

As of October 2019

Luxury living on southern Lake Norman from this waterfront oasis! Lush landscaping, fountains and garden surround fabulous main channel views an exquisite details. Main level boasts expansive Master Suite with new bath, gourmet Kitchen with newer appliances, Formal Dining, Breakfast nook, Half Bath and large Great Room with new stone at the gas log fireplace and built-ins. Upper level 2nd Master Suite, Office/3rd Bedroom with built-ins, Loft with Juliet Balcony overlooking the lake. Outdoor amenities galore with over sized stamped concrete Patio, BBQ area with granite counters, in-ground irrigation and TREX Pier and Dock with sitting area. Tenant is responsible for all utilities and LAWN MAINTENANCE IS INCLUDED! No Smoking and absolutely No Pets are allowed.

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Listed on: 10/04/2019

Lake Norman Realty Inc

Last Renter's Agent

Wendy Choquette

Choquette Properties Inc License #256008

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Irrigation
  • Lawn

Parking

  • Attached Garage

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Security Deposit $4,000
  • Tenant pays for all utilities
  • Available 10/12/19

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 Year
  • Available Date: 10/12/2019
  • Deposit Security: 4000

Listing Details

  • Property Type: Rentals
  • Property Sub Type: House
  • Property Sub Type Secondary: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 7692.31
  • Ratio Current Price By Sq Ft: 1.13
  • Unit Floor Level: 1
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Central Vacuum, Double Oven, Disposal, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Washer/Dryer Included, Natural Gas, Gas Oven
  • Fireplace: Yes
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Total Sq Ft: 3543

Exterior Features

  • Exterior Features: In-Ground Irrigation, Lawn Maintenance

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 2, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2002
Sold by
Boggs James S and Boggs Crissie B
Bought by
Harris Raymond E and Byrd Robin R
Current Estimated Value
$2,504,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Outstanding Balance
$181,475
Interest Rate
4.5%
Estimated Equity
$2,323,025
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harris Raymond E $610,000 The Title Company Of Nc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Raymond E $488,000
Closed Harris Raymond E $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Rented $4,000 0.0% --
10/04/2019 10/04/19 For Rent $4,000 0.0% --
09/05/2018 09/05/18 Rented $4,000 0.0% --
08/29/2018 08/29/18 For Rent $4,000 -- --
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 -- $1,698,400 $1,045,000 $653,400
2024 -- $1,698,400 $1,045,000 $653,400
2023 $11,020 $1,698,400 $1,045,000 $653,400
2022 $8,037 $958,000 $500,000 $458,000
2021 $8,076 $958,000 $500,000 $458,000
2020 $7,923 $939,700 $500,000 $439,700
2019 $7,917 $961,900 $500,000 $461,900
2018 $8,965 $828,900 $350,000 $478,900
2017 $8,899 $828,900 $350,000 $478,900
2016 $8,896 $828,900 $350,000 $478,900
2015 $8,768 $828,900 $350,000 $478,900
2014 $8,766 $828,900 $350,000 $478,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3556982

Canopy MLS (Canopy Realtor® Association)

APN: 001-601-04