NOT LISTED FOR SALE

21160 Cold Spring Ln Cornelius, NC 28031

Estimated Value: $325,000 - $395,270

2 Beds
2 Baths
1,173 Sq Ft
$235/mo HOA Fee

Last Sold July 28, 2022

Last sale price $280,000 $239 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,238/month

43 Days on Market

Highlights

  • End Unit
  • Lawn
  • Rear Porch
  • Bailey Middle School Rated A-
  • Community Pool
  • Glass Enclosed

About This Home

As of July 2022

This truly is a single level condo w/no steps inside or out of the home. It is a hidden gem in the heart of Cornelius. Minutes to the interstate, lake access, shopping or restaurants- but is tucked away from it all. End unit with beautiful views of the trees and green common space. Galley kitchen is partially open to the living room and dining room, with white cabinets and plenty of cabinet/counter space, Living room with fireplace, sunroom with vaulted ceiling and access to the enclosed/fenced patio. Large primary bedroom with soaking tub and walk-in closet. Secondary bedroom is also spacious and has private access to the patio. Storage unit for extra space. Community pool and gazebo area. Sought after location with lawn maintenance included. Low maintenance living close to it all!

Last Agent to Sell the Property

Justin Sciranko

Keller Williams Lake Norman License #238555 Listed on: 06/09/2022

Keller Williams Lake Norman

Last Buyer's Agent

Kim Wilson

Keller Williams Lake Norman License #172060

Keller Williams Lake Norman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,173 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Glass Enclosed
  • Rear Porch

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001-177-16

Community Details

Overview

  • Csi Association
  • Lake Crest Condos
  • Lake Crest Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1997
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Garden Tub, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1173
  • 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: 0
  • Porch: Back,Enclosed Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1173
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, Storage
  • New Construction: No
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned, Parking Lot

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Lake Crest
  • Association Name: CSI
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 001-177-16
  • Land Included Yn: 0
  • Zoning Description: NR

Tax Info

  • RATIO List Price By Tax Amount: 1.74174

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 26, 2022
Sold by
Gerald Zimmerman Jr and Gerald Sydney Carol
Bought by
Gerald George Zimmerman Jr Revocable Trust and Carol Sydney Zimmerman Revocable Trust
Seller's Agent
Justin Sciranko
Keller Williams Lake Norman
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$353,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,818
Avg. Annual Appreciation
7.08%
Original Mortgage
$180,000
Outstanding Balance
$172,451
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$181,367

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 28, 2022
Sold by
Hollar Martha T
Bought by
Zimmerman Gerald and Zimmerman Sydney
Seller's Agent
Justin Sciranko
Keller Williams Lake Norman
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$172,451
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$181,367

Purchase Details

Closed on
Feb 26, 1999
Sold by
Henning William W and Henning Betsy A
Bought by
Hollar Bennett F and Hollar Martha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1997
Sold by
River Oaks Llc
Bought by
Henning William W and Henning Betsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,300
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerald George Zimmerman Jr Revocable Trust -- --
Zimmerman Gerald $280,000 Mcnaught & Clements Pllc
Hollar Bennett F $116,000 --
Henning William W $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Gerald $180,000
Previous Owner Hollar Bennett F $92,800
Previous Owner Henning William W $85,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $280,000 -3.4% $239 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $290,000 -- $247 / 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 $1,787 $264,812 -- $264,812
2024 $1,787 $264,812 -- $264,812
2023 $1,756 $264,812 $0 $264,812
2022 $746 $166,500 $0 $166,500
2021 $738 $166,500 $0 $166,500
2020 $738 $166,500 $0 $166,500
2019 $732 $166,500 $0 $166,500
2018 $713 $127,200 $42,000 $85,200
2017 $705 $127,200 $42,000 $85,200
2016 $701 $127,200 $42,000 $85,200
2015 $688 $127,200 $42,000 $85,200
2014 $686 $127,200 $42,000 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870529

Canopy MLS (Canopy Realtor® Association)

APN: 001-177-16