NOT LISTED FOR SALE

20705 Waters Edge Ct Unit 178 Cornelius, NC 28031

Estimated Value: $538,000 - $577,656

4 Beds
2.5 Baths
2,572 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $320,000 $124 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,251/month

2 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Traditional Architecture
  • Bailey Middle School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of March 2020

Welcome home to Victoria Bay, here you will find an abundance of amenities. Water’s Edge Court, is just that, steps from the water's edge. You are welcomed into a beautiful Foyer and Family Room; you will also find your very own private office with seasonal water view. The kitchen is bright and well laid out with an overhanging bar for seating, breakfast area, and next to it, Formal Dining. Off the kitchen, is an outdoor patio with a pergola, and fenced yard. Large living room boasts Cathedral Ceilings and a gas fireplace. Upstairs is where you will find your large master suite, ensuite with separate tub, shower, and large walk-in closet. Three more bedrooms are upstairs, a full bath and for easy convenience, a laundry room. Enjoy being able to quickly access shopping, dining, and public library. Amenities include an outdoor pool, basketball and tennis courts, clubhouse, waterfront walking trails. Mins from I-77 close to CLT. 2-10 Home Warranty, New Roof, and Home Inspection were done.

Last Agent to Sell the Property

Ashley Towns

Lake Norman Realty, Inc. License #309815 Listed on: 03/06/2020

Lake Norman Realty, Inc.

Last Buyer's Agent

Sue Nichols

Realty ONE Group Select License #274489

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 003-195-39

Community Details

Overview

  • Main Street Management Group Association, Phone Number (704) 255-1266
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.01587
  • Ratio Close Price By Original Li: 1.01587
  • Ratio Current Price By Acre: 1409691.63
  • Ratio Current Price By Sq Ft: 124.42
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1316
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Ice Maker Connection, Exhaust Hood, Refrigerator, Security System, Washer
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1256
  • Total Sq Ft: 2572
  • Sq Ft Unheated Main: 390
  • Sq Ft Unheated Total: 390

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Playground, Sport Court, Tennis Court(s), Walking Trails
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Main Street Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Water view, Winter View
  • Lot Size Area: 0.227
  • Parcel Number: 003-195-39
  • Zoning Specification: NR

Tax Info

  • Tax Value: 209600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 31, 2020
Sold by
Marse David L
Bought by
Ford James Mackenzie Gorman and Moore Jessica Taylor
Seller's Agent
Ashley Towns
Lake Norman Realty, Inc.
Buyer's Agent
Sue Nichols
Realty ONE Group Select
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$557,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,164
Avg. Annual Appreciation
10.45%
Original Mortgage
$310,400
Outstanding Balance
$274,977
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$282,187

Purchase Details

Closed on
Mar 17, 2010
Sold by
Nazemetz Kenneth and Nazemetz Lori
Bought by
Marsee David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,517
Interest Rate
5.01%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2003
Sold by
Pulte Home Corp
Bought by
Nazemetz Kenneth and Nazemetz Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,448
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Ford James Mackenzie Gorman $320,000 None Available
Marsee David L $222,000 None Available
Nazemetz Kenneth $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford James Mackenzie Gorman $310,400
Previous Owner Marsee David L $226,517
Previous Owner Nazemetz Kenneth $160,448
Closed Nazemetz Kenneth $30,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $320,000 +1.6% $124 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $315,000 -- $122 / 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
2025 $3,147 $485,500 $95,000 $390,500
2024 $3,147 $472,100 $95,000 $377,100
2023 $3,095 $472,100 $95,000 $377,100
2022 $2,495 $289,200 $85,000 $204,200
2021 $2,466 $289,200 $85,000 $204,200
2020 $2,428 $284,700 $85,000 $199,700
2019 $2,422 $284,700 $85,000 $199,700
2018 $2,287 $209,600 $40,000 $169,600
2017 $2,268 $209,600 $40,000 $169,600
2016 $2,265 $209,600 $40,000 $169,600
2015 $2,230 $209,600 $40,000 $169,600
2014 $2,228 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3589564

Canopy MLS (Canopy Realtor® Association)

APN: 003-195-39