NOT LISTED FOR SALE

21121 Island Forest Dr Unit 97 Cornelius, NC 28031

Estimated Value: $682,000 - $973,000

4 Beds
2.5 Baths
2,869 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $287,200 $100 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $4,477/month

60 Days on Market

About This Home

As of February 2019

CREATIVE ENERGY REQUIRED

Embrace the spirit of DIY with this original water view home in a peaceful street position with amazing lake atmosphere. This charming home features roomy bedrooms and large living spaces and expansive screened in porch to make viewing the lake a calming event.

Nice lot with mature trees and landscape with year round water views make this the perfect lake getaway.

There’s plenty of potential for the savvy investor or first home buyer. Home is sold as is.

Last Agent to Sell the Property

Michael Lieberman

NorthGroup Real Estate LLC License #256834 Listed on: 11/09/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Chris Carlin

Howard Hanna Allen Tate Lake Norman License #181875

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 10,454

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Crawl Space
  • Oven

Community Details

  • Island Forest Association

Listing and Financial Details

  • Assessor Parcel Number 001-112-05

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.75778
  • Ratio Close Price By Original Li: 0.75778
  • Ratio Current Price By Acre: 1196666.67
  • Ratio Current Price By Sq Ft: 100.10
  • Year Built: 1977
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s), Storm Window(s)
  • Equipment: Cable Prewire, CO Detector, Cooktop Electric, Dishwasher, Disposal, Microwave, Oven, Exhaust Hood, Refrigerator
  • Fireplace Description: Living Room
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 868
  • Main Level Sq Ft: 2001
  • Total Sq Ft: 2869
  • Sq Ft Unheated Main: 440
  • Sq Ft Unheated Total: 440

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • HOA Management Company: Island Forest
  • Hoa Subject To Dues: Voluntary
  • Association #2 Fee: 65.00
  • Association #2 Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Water view
  • Lot Size Area: 0.240
  • Parcel Number: 001-112-05
  • Plat Reference Section Pages: 799
  • Zoning Specification: GR

Tax Info

  • Tax Value: 196800.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Jan 31, 2019
Sold by
Steed John Beujamin
Bought by
Bitel Joseph and Bitel Barbara
Seller's Agent
Michael Lieberman
NorthGroup Real Estate LLC
Buyer's Agent
Chris Carlin
Howard Hanna Allen Tate Lake Norman
List Price
$379,000
Sold Price
$287,200
Premium/Discount to List
-$91,800
-24.22%
Current Estimated Value
$795,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,655
Avg. Annual Appreciation
16.48%
Original Mortgage
$272,840
Outstanding Balance
$239,875
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$555,980

Purchase Details

Closed on
Nov 17, 2011
Sold by
Pittman Linda
Bought by
Steed John Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Bitel Joseph $287,500 None Available
Steed John Benjamin $255,000 Meridian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitel Joseph $272,840
Previous Owner Steed John Benjamin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2019 02/07/19 Sold $287,200 -24.2% $100 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/08/2018 12/08/18 For Sale $379,000 0.0% $132 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $379,000 -- $132 / 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 $3,029 $454,000 $200,000 $254,000
2024 $3,029 $454,000 $200,000 $254,000
2023 $2,978 $454,000 $200,000 $254,000
2022 $2,455 $284,500 $110,000 $174,500
2021 $2,426 $284,500 $110,000 $174,500
2020 $2,426 $284,500 $110,000 $174,500
2019 $2,420 $284,500 $110,000 $174,500
2018 $2,149 $196,800 $60,000 $136,800
2017 $2,131 $196,800 $60,000 $136,800
2016 $2,128 $196,800 $60,000 $136,800
2015 $2,095 $196,800 $60,000 $136,800
2014 $2,093 $196,800 $60,000 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3451421

Canopy MLS (Canopy Realtor® Association)

APN: 001-112-05