NOT LISTED FOR SALE

20727 Waters Edge Ct Cornelius, NC 28031

Estimated Value: $558,000 - $642,000

5 Beds
3 Baths
2,709 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $465,500 $172 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,414/month

Highlights

  • Transitional Architecture
  • Fireplace
  • Attached Garage
  • Bailey Middle School Rated A-

About This Home

As of December 2021

Beautiful 5 Bedroom, 3 Full-Bathroom home in Victoria Bay near the heart of old Cornelius. You only have to go to the end of the street to hike on the nature trail or drop your paddleboard into the lake. A short walk to the neighborhood pool, tennis courts, basketball/soccer courts, & playground. Also within walking or biking distance are the highly-rated Cornelius elementary school, shopping, dining, the new Arts center.
First floor features the kitchen with breakfast eating area, large family room with plantation shutters and gas log fireplace, formal dining room, living room, and office or guest room (with full bathroom). Second floor has the large primary suite with walk-in closet, huge bathroom with dual vanity, and versatile sitting room/nursery/office/exercise space.
Amazing multi-level backyard is any kid's dream with deck for grilling and eating, flat grassy area for kicking the ball around, and wooded area just right for fort building or hide-and-seek. Showings 11/26

Last Agent to Sell the Property

David Hodson

Properties of the Carolinas License #161970 Listed on: 11/26/2021

Last Buyer's Agent

Brad Warren

EXP Realty LLC Mooresville License #312823

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 9,583

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Fireplace
  • Pull Down Stairs to Attic

Schools

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

Community Details

  • Main Street Managment Association

Listing and Financial Details

  • Assessor Parcel Number 003-195-42

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05079
  • Ratio Close Price By Original Li: 1.05079
  • Ratio Current Price By Acre: 2059734.51
  • Ratio Current Price By Sq Ft: 171.83
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1478
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Disposal, Microwave
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1231
  • Total Sq Ft: 2709

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Parking Space - 2
  • Sq Ft Garage: 380

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.40
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Main Street Managment
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 64'x144'x65'x162'
  • Lot Size Area: 0.226
  • Parcel Number: 003-195-42
  • Zoning Specification: NR

Tax Info

  • Tax Value: 300300.00
  • Tax Location: Cornelius

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 17, 2021
Sold by
Johnson James David and Johnson Brianne
Bought by
Conenna Marc Phillip and Conenna Jennifer Ann
Seller's Agent
David Hodson
Properties of the Carolinas
Buyer's Agent
Brad Warren
EXP Realty LLC Mooresville
List Price
$443,000
Sold Price
$465,500
Premium/Discount to List
$22,500
5.08%
Current Estimated Value
$585,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,009
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Plumb Cynthia V and Vasil Thoma
Bought by
Johnson James Daniel and Johnson Brianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2008
Sold by
Cummings James C and Cummings Sara M
Bought by
Plumb Cynthia and Vasil Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Pulte Home Corp
Bought by
Cummings James C and Cummings Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
6.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Conenna Marc Phillip $465,000 None Available
Johnson James Daniel $233,000 None Available
Plumb Cynthia $252,000 None Available
Cummings James C $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson James Daniel $186,400
Previous Owner Plumb Cynthia $200,000
Previous Owner Cummings James C $177,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $465,500 +5.1% $172 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $443,000 -- $164 / 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 $3,307 $496,400 $95,000 $401,400
2024 $3,307 $496,400 $95,000 $401,400
2023 $3,252 $496,400 $95,000 $401,400
2022 $2,589 $300,300 $85,000 $215,300
2021 $2,559 $300,300 $85,000 $215,300
2020 $2,559 $300,300 $85,000 $215,300
2019 $2,553 $300,300 $85,000 $215,300
2018 $2,389 $219,000 $40,000 $179,000
2017 $2,369 $219,000 $40,000 $179,000
2016 $2,365 $219,000 $40,000 $179,000
2015 $2,329 $219,000 $40,000 $179,000
2014 $2,327 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3794605

Canopy MLS (Canopy Realtor® Association)

APN: 003-195-42