NOT LISTED FOR SALE

20707 Pointe Regatta Dr Cornelius, NC 28031

Estimated Value: $1,595,000 - $2,257,000

3 Beds
2.5 Baths
2,975 Sq Ft
$613/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $1,300,000 $437 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,479/month

29 Days on Market

Highlights

  • Spa
  • Gated Community
  • Open Floorplan
  • Bailey Middle School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of June 2020

Truly one of the best views you've ever seen on Lake Norman! Welcome to your new waterfront home
completely renovated in 2014 with beautiful views everywhere. Open plan includes great room, formal and informal dining, gourmet kitchen with marble counters, 48" Wolf gas range, SubZero refrigerator-freezer, spacious screened porch and deck for outdoor entertaining. French doors from master suite access deck, sitting area and fireplace make a comfortable owners sanctuary. Rimless glass shower, whirlpool tub with skylight overhead, dual vanity all beautifully finished in marble. Two additional suites for guest share hall bath. Laundry room has built-in cabinetry. Oversized garage with storage room. New CertainTeed Architectural roof 2019. Deeded boat slip #9 included. Full sandy beach shoreline makes lake living easy...

Last Agent to Sell the Property

Terri Mayhew

Southern Homes of the Carolinas, Inc License #67226 Listed on: 04/01/2020

Last Buyer's Agent

Michael Lieberman

NorthGroup Real Estate LLC License #256834

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Additional Features

  • Spa
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 001-491-29

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.38 Acres

HOA Fees

$143 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional, Transitional
  • Ratio Close Price By List Price: 0.89655
  • Ratio Close Price By Original Li: 0.89655
  • Ratio Current Price By Acre: 3421052.63
  • Ratio Current Price By Sq Ft: 436.97
  • Year Built: 1988
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Exhaust Hood, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Security System, Surround Sound
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: dining room, guest bath, all master bedroom & bath chandelier & wall sconces, hall sconces
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Marble, Prefinished Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Lower Level Sq Ft: 1
  • Main Level Sq Ft: 2974
  • Total Sq Ft: 2975
  • Sq Ft Unheated Main: 288
  • Sq Ft Unheated Total: 288

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Sidewalk, Street Lights
  • Association Fee: 143.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Main St Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 118wfx174x66rdx165
  • Lot Features: Lake, Sloping, Waterfront
  • Parcel Number: 001-491-29
  • Zoning Specification: GR

Tax Info

  • Tax Value: 864200.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 26, 2020
Sold by
Bellini Ellen Sanderson and Bellini Luigi
Bought by
Moortgat Philip and Peters Laura
Seller's Agent
Terri Mayhew
Southern Homes of the Carolinas, Inc
Buyer's Agent
Michael Lieberman
NorthGroup Real Estate LLC
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Current Estimated Value
$1,824,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,495
Avg. Annual Appreciation
6.01%
Original Mortgage
$400,000
Outstanding Balance
$355,230
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,469,265

Purchase Details

Closed on
Sep 17, 2013
Sold by
Murphy James J and Murphy Barbara A
Bought by
Fauver Ellen Sanderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1988
Bought by
Murphy James J and Murphy Barbara A
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
Moortgat Philip $1,300,000 Investors Title
Fauver Ellen Sanderson $860,000 None Available
Murphy James J $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moortgat Philip $400,000
Previous Owner Fauver Ellen Sanderson $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2020 06/02/20 Sold $1,300,000 -10.3% $437 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $1,450,000 -- $487 / Sq Ft
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 $8,851 $1,341,300 $843,800 $497,500
2024 $8,851 $1,341,300 $843,800 $497,500
2023 $8,712 $1,341,300 $843,800 $497,500
2022 $7,376 $864,200 $562,500 $301,700
2021 $7,289 $864,200 $562,500 $301,700
2020 $7,289 $864,200 $562,500 $301,700
2019 $7,283 $864,200 $562,500 $301,700
2018 $9,359 $865,500 $595,000 $270,500
2017 $9,291 $865,500 $595,000 $270,500
2016 $9,287 $865,500 $595,000 $270,500
2015 $9,154 $865,500 $595,000 $270,500
2014 $9,152 $865,500 $595,000 $270,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3608417

Canopy MLS (Canopy Realtor® Association)

APN: 001-491-29

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