A
Seller's Agent in 2023
Alan Cunningham
Fathom Realty NC LLC
20911 Cinnamon Tree Ln Cornelius, NC 28031
Estimated Value: $3,738,418 - $3,969,000
5
Beds
4
Baths
5,123
Sq Ft
$752/Sq Ft
Est. Value
Highlights
- Water Views
- Family Room with Fireplace
- Wood Flooring
- Bailey Middle School Rated A-
- Wooded Lot
- Screened Porch
About This Home
As of July 2023Virtually new construction (2020) on 1.5 secluded acres on Lake Norman! This incredible home is the only home on a quiet cul-de-sac buffered by 3 acres of green space on one side and 100 feet of Lake Norman shoreline on one the other. The beautiful long lake views are complemented by the 11 other recently constructed luxury lake homes that comprise the neighborhood.
The features that make this home special are extensive:
- 2-story chef's kitchen with Thermador appliance package and beautiful scullery with separate sink/dishwasher
- Extensive custom wood beams and tile features
- Two offices on main in addition to a music/flex room, oversized laundry and owner's suite
- 4 bedrooms with loft, entertainment room, bunk room and game room upstairs
- Retractable screen at back porch
- Garage for lake storage/access in unfinished basement waiting to be customized
- Perfect yard for incredible pool!
- Stone sea wall
- Duke approved for dock
Listing agent is owner.
Last Agent to Sell the Property
Alan Cunningham
Fathom Realty NC LLC License #312079 Listed on: 11/17/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,270
Year Built
- Built in 2020
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 285 x 400 x 100 x 380
- Cul-De-Sac
- Fenced
- Level Lot
- Irrigation
- Wooded Lot
- Property is zoned GR
Parking
- 3 Car Attached Garage
- Basement Garage
- Garage Door Opener
Home Design
- Metal Roof
- Hardboard
- Stucco
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Screened Porch
- Water Views
- Basement
- Interior and Exterior Basement Entry
- Home Security System
- Laundry Room
Kitchen
- Double Convection Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Full Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Waterfront has a Concrete Retaining Wall
- Balcony
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Air Filtration System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- Built by Plattner Custom Builders
- Keel Bay Subdivision
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 00113239
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2022
Closed on
Jul 14, 2023
Sold by
Cunningham Alan C and Cunningham Kimberly K
Bought by
Buesing Eric C and Buesing Arpita G
Seller's Agent
Alan Cunningham
Fathom Realty NC LLC
Buyer's Agent
Matt Sarver
Keller Williams Lake Norman
List Price
$3,800,000
Sold Price
$3,550,000
Premium/Discount to List
-$250,000
-6.58%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,139
Avg. Annual Appreciation
3.07%
Original Mortgage
$3,194,645
Outstanding Balance
$3,110,587
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$662,063
Purchase Details
Closed on
Apr 3, 2018
Sold by
Palepiry Basubramtian and Bemasny Real
Bought by
Cunnirgham Alan C and Cunnirgham Kimberly K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Buesing Eric C | $3,550,000 | Link Title | |
| Cunnirgham Alan C | $695,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buesing Eric C | $3,194,645 | |
| Previous Owner | Cunningham Alan C | $589,000 | |
| Previous Owner | Cunningham Alan C | $1,500,000 | |
| Previous Owner | Cunningham Alan C | $425,000 | |
| Previous Owner | Cunningham Alan C | $1,500,000 | |
| Previous Owner | Cunningham Alan C | $1,500,000 | |
| Previous Owner | Cunnirgham Alan C | $521,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $3,550,000 | -6.6% | $693 / Sq Ft |
| 11/17/2022 11/17/22 | For Sale | $3,800,000 | -- | $742 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $13,270 | $2,046,600 | $825,000 | $1,221,600 |
| 2022 | $10,876 | $1,276,500 | $665,000 | $611,500 |
| 2021 | $10,748 | $1,276,500 | $665,000 | $611,500 |
| 2020 | $9,632 | $665,000 | $665,000 | $0 |
| 2019 | $5,579 | $665,000 | $665,000 | $0 |
| 2018 | $4,151 | $385,000 | $385,000 | $0 |
| 2017 | $4,122 | $385,000 | $385,000 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Matt Sarver
Buyer's Agent in 2023
Matt Sarver
Keller Williams Lake Norman
(704) 575-8176
438 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3922765
APN: 001-132-39
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