NOT LISTED FOR SALE

20906 Island Forest Dr Cornelius, NC 28031

Cornelius Area

Estimated Value: $1,086,000 - $1,311,869

4 Beds
3 Baths
2,892 Sq Ft
$412/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2020

Last sale price $700,000 $242 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,987 / mo

Highlights

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

About This Home

As of December 2020

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 w/ 2 car garage & storage allows elevated upper levels to take advantage of the expansive lake views. Store your boat, lake toys, or 3rd car. 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 Bath has tile floor, dual vanity w/ leathered granite countertops, shower w/ 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 & day dock as well as open space for picnics & sports/play. HOT TUB INCLUDED!

Last Agent to Sell the Property

Ian Edmiston

Dane Warren Real Estate License #319431 Listed on: 11/13/2020

Last Buyer's Agent

Cynthia Team

Southern Homes of the Carolinas, Inc License #278651

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 54'x128'x137'x110'
  • Corner Lot
  • Irrigation

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Spa
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-113-17

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

10,454 Sq Ft Lot

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: 1.01449
  • Ratio Close Price By Original Li: 1.01449
  • Ratio Current Price By Acre: 2916666.67
  • Ratio Current Price By Sq Ft: 242.05
  • 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
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, g-Energy Star® Dishwasher, Exhaust Hood, Gas Range, Ice Maker Connection, Microwave, Self Cleaning Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • 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: 3
  • 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: Hot Tub, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, 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

Lot Info

  • Lot Dimension: 54'x128'x137'x110'
  • Lot Features: Corner Lot, Lake Access, Water view, Year Round View
  • Parcel Number: 001-113-17
  • Zoning Specification: GR

Building Info

  • Builder Name: Southlake

Tax Info

  • Tax Value: 526300.00
  • Tax Location: Mecklenburg

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 1, 2020
Sold by
Bought by
Seller's Agent
Ian Edmiston
Dane Warren Real Estate
Buyer's Agent
Cynthia Team
Southern Homes of the Carolinas, Inc
List Price
$690,000
Sold Price
$700,000
Premium/Discount to List
$10,000
1.45%
Current Estimated Value
$1,192,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,217
Avg. Annual Appreciation
9.85%
Original Mortgage
$500,000
Outstanding Balance
$435,696
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$756,521

Purchase Details

Closed on
Jun 12, 2020
Sold by
Bought by

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

Closed on
May 10, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 None Available
-- None Available
$581,000 None Available
$95,000 Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Previous Owner $510,400
Previous Owner $69,000
Previous Owner $453,000
Previous Owner $335,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $700,000 +1.4% $242 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $690,000 -- $239 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

MLS Number: CAR3679177

Canopy MLS

APN: 001-113-17

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