NOT LISTED FOR SALE

20611 Cutter Ct Unit B Cornelius, NC 28031

Estimated Value: $740,000 - $874,948

3 Beds
2.5 Baths
2,400 Sq Ft
68,215 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $650,000 $271 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,107/month

132 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Wet Bar
  • Bailey Middle School Rated A-
  • Soaking Tub
  • Attached Carport

About This Home

As of July 2021

Unique opportunity to own 1 of only 7 WATER FRONT units in the LAKEFRONT GATED COMMUNITY of POINTE REGATTA with boat slip. Kitchen connects to dining area and wet bar that are perfect for entertaining. Spacious living room with soaring ceiling and gas fireplace overlook breathtaking Lake Norman views from your large deck. Main level Master Suite with large walk-in closet and floor to ceiling windows for serene lake front views. Park protected in attached 2-Car Carport and enter the luxury of this Waterfront oasis, just steps from the shores of Lake Norman and your boat slip where HOA maintains your landscaping.

Last Agent to Sell the Property

Molly Allred

Leonard Ryden Burr Real Estate License #297008 Listed on: 02/02/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1986

Lot Details

  • 1.57

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Wood Siding

Interior Spaces

  • 2,198 Sq Ft Home
  • 1,900-2,400 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Walk-In Attic
  • Laundry on upper level

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00149123
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,881

Year Built

Built in 1986

Lot Details

1.57 Acres

HOA Fees

$365 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: condo
  • Subdivision Name: None
  • Directions: Welcome to Charlotte International Airport. 77N Exit 28. L off ramp on to W. Catawba Ave. R at 3rd light on Bethel Church. R Walter Henderson. L Deep Cove immediate R through Pointe Regatta Gates. L on Cutter Ct. at The Town Homes.
  • Above Grade Finished Sq Ft: 2198
  • Unit Levels: One and One Half
  • Structure Type: Condominium
  • Year Built: 1986
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Wet Bar
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2198
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 365
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 00149123
  • Zoning: GR
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 5881
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.8389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Jul 16, 2021
Sold by
K & W Cafeterias Inc
Bought by
Murphy Damien Joseph and Murphy Vickki Blouin
Seller's Agent
Molly Allred
Leonard Ryden Burr Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$650,000
Current Estimated Value
$825,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,237
Avg. Annual Appreciation
5.26%
Original Mortgage
$520,000
Outstanding Balance
$471,819
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$353,418
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murphy Damien Joseph $650,000 Morehead Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Damien Joseph $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $650,000 -- $342 / Sq Ft
Source: Triad MLS

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 $5,374 $811,400 -- $811,400
2024 $5,374 $811,400 -- $811,400
2023 $5,792 $997,050 $0 $997,050
2022 $5,792 $677,600 $0 $677,600
2021 $5,724 $677,600 $0 $677,600
2020 $5,724 $677,600 $0 $677,600
2019 $5,718 $677,600 $0 $677,600
2018 $6,115 $564,600 $210,000 $354,600
2017 $6,069 $564,600 $210,000 $354,600
2016 $6,066 $564,600 $210,000 $354,600
2015 $5,977 $564,600 $210,000 $354,600
2014 $5,975 $564,600 $210,000 $354,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1011481

Triad MLS

APN: 001-491-23

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