NOT LISTED FOR SALE

20653 Spring Grove Ln Cornelius, NC 28031

Estimated Value: $814,000 - $946,000

5 Beds
3.5 Baths
3,148 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $500,000 $159 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,869/month

98 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Gas Log Fireplace
  • Davidson Elementary School Rated A-
  • Fire Pit

About This Home

As of May 2019

You'll love the large family room with fireplace that overlooks the woods in this thoughtfully designed home. The bright kitchen with newly refinished white cabinets is the heart of this home's modern, open floor plan. Newly painted inside and out, refinished hardwood floors, new carpet, plantation shutters - it's move in ready! Notice the transom windows that grace the doorways into the dining and vaulted living room. The generous master suite is also located on the main level. 3 additional bedrooms up PLUS huge bonus room with a large closet and can serve as 5th bedroom. Private and quiet location between downtown Davidson and Cornelius. Adorable neighborhood in Davidson school district with expanding K-8 elementary school. Tucked away on cul-de-sac lot with enviable flat driveway for basketball game, skating or biking. Laundry/mud room adjacent to 2-car side load garage. Relax on screened-in porch overlooking private yard, garden & the community owned green space beyond w/ stream.

Last Agent to Sell the Property

Gretel Howell

Howard Hanna Allen Tate Lake Norman License #252117 Listed on: 01/17/2019

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Mary Lib Richards

Keller Williams Lake Norman License #246140

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 116x128x120x104
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Fire Pit

Community Details

  • Herman Management Association, Phone Number (800) 732-9695

Listing and Financial Details

  • Assessor Parcel Number 007-053-36
  • Tax Block 3

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0.4 Acres

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.91743
  • Ratio Current Price By Acre: 1250000.00
  • Ratio Current Price By Sq Ft: 158.83
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1298
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • H O A Management Phone: 800-732-9695
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1850
  • Total Sq Ft: 3148

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fire pit, In-Ground Irrigation

Garage/Parking

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

Utilities

  • Heating: Gas Hot Air Furnace, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 50.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Herman Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 116x128x120x104
  • Lot Features: Cul-de-sac Lot
  • Parcel Number: 007-053-36
  • Plat Book Slide: 29
  • Zoning Specification: NR

Tax Info

  • Tax Value: 515600.00
  • Tax Block: 3
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 31, 2019
Sold by
Lavielle David and Lavielle Thayer
Bought by
Babst Michael C and Babst Michelle J
Seller's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Mary Lib Richards
Keller Williams Lake Norman
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Current Estimated Value
$877,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,723
Avg. Annual Appreciation
8.67%
Original Mortgage
$100,000
Outstanding Balance
$87,924
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$789,799

Purchase Details

Closed on
May 30, 2007
Sold by
Chester Wayne S
Bought by
Lavielle David and Lavielle Thaver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2000
Sold by
G D Smith Development Group Inc
Bought by
Chester Wayne S and Chester Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Babst Michael C $507,000 Master Title Insurance
Lavielle David $383,000 Capitol Closings & Title Age
Chester Wayne S $316,552 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babst Michael C $100,000
Previous Owner Lavielle David $306,400
Previous Owner Chester Wayne S $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $500,000 -4.8% $159 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $525,000 -3.7% $167 / Sq Ft
01/17/2019 01/17/19 For Sale $545,000 0.0% $173 / Sq Ft
08/22/2017 08/22/17 Rented $2,300 -8.0% --
08/18/2017 08/18/17 Under Contract -- -- --
06/27/2017 06/27/17 For Rent $2,500 0.0% --
05/27/2016 05/27/16 Rented $2,500 0.0% --
05/21/2016 05/21/16 Under Contract -- -- --
05/17/2016 05/17/16 For Rent $2,500 +2.0% --
10/23/2014 10/23/14 Rented $2,450 -3.9% --
10/15/2014 10/15/14 Under Contract -- -- --
08/29/2014 08/29/14 For Rent $2,550 +27.5% --
01/21/2012 01/21/12 Rented $2,000 -18.4% --
12/22/2011 12/22/11 Under Contract -- -- --
11/21/2011 11/21/11 For Rent $2,450 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,128 $621,600 $161,500 $460,100
2024 $4,128 $621,600 $161,500 $460,100
2023 $4,061 $621,600 $161,500 $460,100
2022 $4,076 $475,500 $127,500 $348,000
2021 $4,028 $475,500 $127,500 $348,000
2020 $4,028 $515,600 $127,500 $388,100
2019 $4,359 $515,600 $127,500 $388,100
2018 $3,954 $364,200 $80,000 $284,200
2017 $3,923 $364,200 $80,000 $284,200
2016 $3,920 $364,200 $80,000 $284,200
2015 $3,862 $364,200 $80,000 $284,200
2014 $3,860 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3463665

Canopy MLS (Canopy Realtor® Association)

APN: 007-053-36

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