NOT LISTED FOR SALE

20907 Island Forest Dr Cornelius, NC 28031

Cornelius Area

Estimated Value: $1,430,000 - $1,556,000

3 Beds
2.5 Baths
1,810 Sq Ft
$834/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2024

Last sale price $1,400,000 $773 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,966 / mo

133 Days on Market

Highlights

  • Docks
  • Waterfront
  • 1 Car Attached Garage
  • Pier
  • Wood Flooring
  • Laundry Room

About This Home

As of May 2024

Waterfront Below $1.5M! Renovated head-to-toe, this newly refreshed architectural gem is the perfect blend of contemporary style & serene lakeside living. The pristine modern lake house provides an ideal haven for those seeking a harmonious blend of modern living & natural beauty. Upon entering one is immediately greeted by an abundance of natural light flooding through floor-to-ceiling glass doors, highlighting lake views. The neutral color palette, combined with the warmth of natural wood accents, creates an inviting and cozy atmosphere. The stylish kitchen boasts state-of-the-art appliances and sleek countertops, making it a dream for any culinary enthusiast. Enjoy a morning cup of coffee or stunning evening SUNSET views on one of the spacious outdoor terraces. Entertain guests in the fabulous LAKESIDE ROOM (sq ft not included in heated living area) with pop up glass window overlooking shimmering waters. Private dock, no HOA!

Last Agent to Sell the Property

Liz Miller

Ivester Jackson Christie's Brokerage Email: lizmiller@ivesterjackson.com License #263329 Listed on: 11/17/2023

Last Buyer's Agent

Jeff Robinson

EXP Realty LLC Mooresville License #333983

EXP Realty LLC Mooresville

Range of Values:

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Value Increase
--
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 1986

Lot Details

  • Waterfront
  • Fenced
  • Level Lot
  • Property is zoned GR

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Plumbed For Ice Maker
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Pier
  • Docks

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Association Phone (917) 848-3044
  • Island Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001-114-11

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0.28 Acres

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 773.48
  • Geocode Confidence: High
  • Attribution Contact: lizmiller@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 896
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 914
  • Appliances: Disposal, Electric Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1810
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Living Area: 1810
  • Bedroom Main: 0

Exterior Features

  • Exterior Features: Dock
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier, Other - See Remarks
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Phone: 917-848-3044
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 65.00
  • Association Email 2: https://islandforestcommunityassociation.org/

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Level, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 001-114-11
  • Zoning: GR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

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

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 17, 2023
Closed on
May 6, 2024
Sold by
Bought by
Seller's Agent
Liz Miller
Ivester Jackson Christie's
Buyer's Agent
Jeff Robinson
EXP Realty LLC Mooresville
List Price
$1,599,999
Sold Price
$1,400,000
Premium/Discount to List
-$199,999
-12.5%
Views
5573
Current Estimated Value
$1,509,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,752
Avg. Annual Appreciation
3.43%
Original Mortgage
$695,000
Outstanding Balance
$678,665
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$831,087

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 12, 2023
Sold by
Bought by
Seller's Agent
Liz Miller
Ivester Jackson Christie's
Buyer's Agent
Liz Miller
Ivester Jackson Christie's
List Price
$1,100,000
Sold Price
$1,100,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.90%
Original Mortgage
$1,184,050
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2012
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
$320,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2005
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
$328,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
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
$279,200
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
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
$100,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cornelius, NC

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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
$1,400,000 Ctr Title Company Llc
$1,100,000 None Listed On Document
$419,000 None Available
$410,000 --
$349,000 --
-- --
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 $695,000
Previous Owner $1,184,050
Previous Owner $320,000
Previous Owner $61,600
Previous Owner $328,000
Previous Owner $279,200
Previous Owner $100,000
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 Prior Sale
05/06/2024 05/06/24 Sold $1,400,000 -6.6% $773 / Sq Ft
03/20/2024 03/20/24 Price Changed $1,499,000 -3.2% $828 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,549,000 -3.2% $856 / Sq Ft
03/12/2024 03/12/24 Off Market $1,599,999 -- --
03/12/2024 03/12/24 For Sale $1,599,999 0.0% $884 / Sq Ft
02/21/2024 02/21/24 Price Changed $1,599,999 -3.0% $884 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,650,000 -2.9% $912 / Sq Ft
01/10/2024 01/10/24 Price Changed $1,699,000 -1.5% $939 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,725,000 -3.9% $953 / Sq Ft
12/27/2023 12/27/23 For Sale $1,795,000 +28.2% $992 / Sq Ft
12/13/2023 12/13/23 Off Market $1,400,000 -- --
11/17/2023 11/17/23 For Sale $1,795,000 +63.2% $992 / Sq Ft
05/15/2023 05/15/23 Sold $1,100,000 0.0% $605 / Sq Ft View Prior Sale
04/05/2023 04/05/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,100,000 0.0% $605 / Sq Ft
06/30/2022 06/30/22 Rented $4,500 0.0% --
06/01/2022 06/01/22 For Rent $4,500 +63.6% --
05/15/2018 05/15/18 Rented $2,750 0.0% --
05/04/2018 05/04/18 Price Changed $2,750 +3.8% $2 / Sq Ft
05/04/2018 05/04/18 Price Changed $2,650 +1.9% $2 / Sq Ft
05/04/2018 05/04/18 Price Changed $2,600 +4.0% $2 / Sq Ft
05/04/2018 05/04/18 For Rent $2,500 0.0% --
10/14/2017 10/14/17 Rented $2,500 -10.7% --
10/09/2017 10/09/17 Under Contract -- -- --
08/04/2017 08/04/17 For Rent $2,800 +1.8% --
01/11/2016 01/11/16 Rented $2,750 0.0% --
01/05/2016 01/05/16 Under Contract -- -- --
01/01/2016 01/01/16 For Rent $2,750 +10.0% --
05/07/2014 05/07/14 Rented $2,500 0.0% --
05/06/2014 05/06/14 Under Contract -- -- --
05/05/2014 05/05/14 For Rent $2,500 +13.6% --
05/09/2013 05/09/13 Rented $2,200 0.0% --
05/09/2013 05/09/13 For Rent $2,200 +18.9% --
11/20/2012 11/20/12 Rented $1,850 -31.5% --
10/21/2012 10/21/12 Under Contract -- -- --
07/03/2012 07/03/12 For Rent $2,700 -- --
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 $7,763 $1,179,200 $807,500 $371,700
2024 $7,763 $1,175,500 $807,500 $368,000
2023 $6,686 $1,027,800 $807,500 $220,300
2022 $4,207 $490,900 $340,000 $150,900
2021 $4,158 $490,900 $340,000 $150,900
2020 $4,158 $490,900 $340,000 $150,900
2019 $4,152 $490,900 $340,000 $150,900
2018 $4,949 $456,500 $350,000 $106,500
2017 $4,912 $456,500 $350,000 $106,500
2016 $4,908 $456,500 $350,000 $106,500
2015 $4,836 $456,500 $350,000 $106,500
2014 $4,834 $456,500 $350,000 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4076557

Canopy MLS

APN: 001-114-11

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