NOT LISTED FOR SALE

20722 Eastpoint Dr Cornelius, NC 28031

Estimated Value: $2,407,000 - $2,749,000

4 Beds
3.5 Baths
3,647 Sq Ft
$700/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,150,000 $315 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $14,521/month

50 Days on Market

Highlights

  • Newly Remodeled
  • Waterfront
  • Community Lake
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of September 2018

Just Completed! This is your One & Only chance to own this brand new modern luxury waterfront home in Cornelius! Absolutely stunning lake views! Every aspect, from layout planning & specification of sophisticated finishes, has been considered! Enjoy 3 levels of spacious living areas flooded w/natural light! The fabulous kitchn comes w/ customized cabinetry, Silestone quartz designer countertop, huge island, a very generous eating & entertaining area, a well designed separate food preparation area &Top-of-line appliances, Subzero cooktop, oven, vented hood system & Dishwasher by Fisher & Paykel! Sumptuous master suite, featuring resort-styled vanity, shower & tub & custom walk-in closet! Features galore! Dazzling modern fireplace in the family room! Solid wood Soho white hardwd flrs! Summit LED Lighting thru-out! Rinnai Tankless water heater! Full irrigation system! Brand new stone seawall etc. Room for a pool! This lake home is truly a brilliant combination of Modern Comfort & Luxury!

Last Agent to Sell the Property

Sunny Yates

Yates Realty Inc License #202205 Listed on: 05/24/2018

Last Buyer's Agent

Amy Gais

RE/MAX Executive License #0256487

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Island Forest HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-721-06A

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Contemporary, Modern
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96639
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Acre: 5227272.73
  • Ratio Current Price By Sq Ft: 315.33
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1406
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Exhaust Fan, Ice Maker Connection, Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 3
  • Sq Ft Basement: 966
  • Main Level Sq Ft: 1275
  • Total Sq Ft: 3647
  • Sq Ft Unheated Main: 556
  • Sq Ft Unheated Total: 556

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Keypad Entry

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 65.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Island Forest HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Waterfront, Water view, Level, Year Round View
  • Lot Size Area: 0.220
  • Parcel Number: 001-721-06A
  • Zoning Specification: GR

Tax Info

  • Tax Value: 490000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Hession Robert M and Hession Lauren B
Bought by
Hession Family Trust and Hession
Current Estimated Value
$2,554,124

Purchase Details

Listed on
May 24, 2018
Closed on
Sep 7, 2018
Sold by
Oliver Derek and Oliver Janice
Bought by
Hession Robert M and Hession Lauren B
Seller's Agent
Sunny Yates
Yates Realty Inc
Buyer's Agent
Amy Gais
RE/MAX Executive
List Price
$1,190,000
Sold Price
$1,150,000
Premium/Discount to List
-$40,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$747,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jun 20, 2016
Sold by
Cumberworth Jean H
Bought by
Oliver Derek and Oliver Janice
Seller's Agent
Cheryl Sain
White Hawk LLC
Buyer's Agent
Cheryl Sain
White Hawk LLC
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.73%
Original Mortgage
$618,800
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 1999
Sold by
Cumberworth Jean H
Bought by
Cumberworth Colin C

Purchase Details

Closed on
Feb 4, 1998
Sold by
Cumberworth Jean H
Bought by
The Jean Holley Cumberworth Revocable Tr
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
Hession Family Trust -- None Listed On Document
Hession Robert M $1,150,000 None Available
Oliver Derek $360,000 None Available
Cumberworth Colin C -- --
The Jean Holley Cumberworth Revocable Tr -- --
Cumberworth Colin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hession Robert M $747,500
Previous Owner Oliver Derek $618,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2018 09/07/18 Sold $1,150,000 -3.4% $315 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $1,190,000 0.0% $326 / Sq Ft
07/12/2018 07/12/18 For Sale $1,190,000 -2.5% $326 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/22/2018 06/22/18 Price Changed $1,220,000 -4.7% $335 / Sq Ft
06/15/2018 06/15/18 Price Changed $1,280,000 -3.3% $351 / Sq Ft
06/08/2018 06/08/18 Price Changed $1,324,000 -4.1% $363 / Sq Ft
05/25/2018 05/25/18 For Sale $1,380,000 +283.3% $378 / Sq Ft
06/20/2016 06/20/16 Sold $360,000 -9.8% -- View Prior Sale
01/21/2016 01/21/16 Pending -- -- --
03/25/2015 03/25/15 For Sale $399,000 -- --
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 $11,705 $1,793,000 $950,000 $843,000
2024 $11,705 $1,776,200 $950,000 $826,200
2023 $11,522 $1,776,200 $950,000 $826,200
2022 $8,044 $942,900 $400,000 $542,900
2021 $7,949 $942,900 $400,000 $542,900
2020 $7,949 $942,900 $400,000 $542,900
2019 $7,943 $942,900 $400,000 $542,900
2018 $6,725 $490,000 $490,000 $0
2017 $5,246 $490,000 $490,000 $0
2016 -- $490,000 $490,000 $0
2015 -- $490,000 $490,000 $0
2014 -- $490,000 $490,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3394006

Canopy MLS (Canopy Realtor® Association)

APN: 001-721-06A