NOT LISTED FOR SALE

20906 Island Forest Dr Unit 112 Cornelius, NC 28031

Estimated Value: $995,867 - $1,273,000

4 Beds
3 Baths
2,892 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $581,000 $201 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,475/month

4 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Corner Lot
  • Bailey Middle School Rated A-
  • Wood Flooring
  • Recreation Facilities

About This Home

As of May 2018

2016 built Southlake custom home with a coastal feel! Year round LKN views will be enjoyed from the wrap-around covered porch. No detail was spared from the designer paint & light fixtures to the coffered ceiling & barn doors. Massive Basement level with 2 car garage & storage allows elevated upper levels to take advantage of the expansive lake views. Store your boat & lake toys or create a finished space in the future. Dream Kitchen boasts Bosch dishwasher & 5 burner gas stove, built in microwave in oversized island, custom 42” white cabinets with soft close & glass inserts and quartz countertops & subway tile backsplash. Main level Master Suite with stylish Master Bath has tile floor, dual vanity with leathered granite countertops, shower with frameless glass doors & tile surround/tub and classic claw-foot tub. The Island Forest neighborhood features a gated owner’s boat access lot (off of Montcalm) with boat launch and day docks as well as open space for picnics and sports or play.

Last Agent to Sell the Property

Meredith Hall

Howard Hanna Allen Tate Gastonia License #270527 Listed on: 03/08/2018

Howard Hanna Allen Tate Gastonia

Last Buyer's Agent

Willow Heverley

Southern Homes of the Carolinas, Inc License #133357

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Corner Lot
  • Irrigation

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-113-17
  • Tax Block 341

Community Details

Overview

  • Island Forest HOA
  • Built by Southlake
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.00172
  • Ratio Close Price By Original Li: 1.00172
  • Ratio Current Price By Acre: 2420833.33
  • Ratio Current Price By Sq Ft: 200.90
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 867
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Exhaust Hood, Self Cleaning Oven, g-Energy Star® Dishwasher, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2025
  • Total Sq Ft: 2892
  • Sq Ft Unheated Basement: 2285
  • Sq Ft Unheated Total: 2285

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: g-Energy Star HVAC, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area
  • 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 Dimension: 54'x128'x137'x110'
  • Lot Features: Corner Lot, Lake Access, Water view, Year Round View
  • Lot Size Area: 0.240
  • Parcel Number: 001-113-17
  • Plat Book Slide: 12
  • Plat Reference Section Pages: 685
  • Zoning Specification: GR

Building Info

  • Builder Name: Southlake

Tax Info

  • Tax Value: 402300.00
  • Tax Block: 341
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Carper Donald P and Carper Lindsay M
Bought by
Larimer Marisa C and Larimer Ronald E
Current Estimated Value
$1,136,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$445,943
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$691,024

Purchase Details

Closed on
Jun 12, 2020
Sold by
Carper Donald P and Carper Lindsay M
Bought by
Carper Donald P and Carper Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 10, 2018
Sold by
Russell Vincent and Russell Nancy
Bought by
Carper Donald P and Mable Lindsay M
Seller's Agent
Meredith Hall
Howard Hanna Allen Tate Gastonia
Buyer's Agent
Willow Heverley
Southern Homes of the Carolinas, Inc
List Price
$580,000
Sold Price
$581,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$453,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2015
Sold by
Clanton Sue W
Bought by
Russell Vincent and Russell Nancy

Purchase Details

Closed on
Aug 26, 1997
Sold by
Clanton Johnnie R and Clanton Sue
Bought by
Clanton Sue W
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
Larimer Marisa C $700,000 None Available
Carper Donald P -- None Available
Carper Donald P $581,000 None Available
Russell Vincent $95,000 Attorney
Clanton Sue W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larimer Marisa C $500,000
Previous Owner Carper Donald P $510,400
Previous Owner Carper Donald P $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $581,000 +0.2% $201 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $580,000 -- $201 / 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 $5,307 $801,200 $200,000 $601,200
2024 $5,307 $801,200 $200,000 $601,200
2023 $5,222 $801,200 $200,000 $601,200
2022 $4,526 $528,500 $110,000 $418,500
2021 $4,473 $528,500 $110,000 $418,500
2020 $4,473 $526,300 $110,000 $416,300
2019 $4,449 $526,300 $110,000 $416,300
2018 $4,365 $402,300 $60,000 $342,300
2017 $4,331 $402,300 $60,000 $342,300
2016 $642 $60,000 $60,000 $0
2015 $633 $60,000 $60,000 $0
2014 $633 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3367276

Canopy MLS (Canopy Realtor® Association)

APN: 001-113-17