NOT LISTED FOR SALE

21204 Senlac Ln Cornelius, NC 28031

Estimated Value: $1,551,000 - $1,803,000

3 Beds
4.5 Baths
3,044 Sq Ft
$559/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,144,000 $376 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,780/month

132 Days on Market

Highlights

  • Covered Dock
  • Pier
  • Waterfront
  • Bailey Middle School Rated A-
  • Boat Lift
  • Open Floorplan

About This Home

As of August 2020

This finely crafted, 2-Story basement home is privately situated on .46 acres. Unmatched details and amenities throughout. You will love all the sun filled rooms, and Pella windows and doors throughout with amazing year-round views. Main level master bedroom with new spa-like bath. Beautiful wood floors throughout that are new on upper floor and resanded and stained on main level, second master on upper level with renovated en-suite and lakeside views. New Roof, New gutters and downspouts, New kitchen with Carrara countertops, decorative glass backsplash, completely redesigned and renovated landscaping in yard, Stone fireplace. Large expansive deck with incredible views, lower garage, garage workshop, boat dock, boat lift and so much more! Easy access to I-77, walk, or bike to shops, restaurants and park.

Last Agent to Sell the Property

Michelle Ivester-Rhyne

Premier Sotheby's International Realty License #274051 Listed on: 02/14/2020

Premier Sotheby's International Realty

Last Buyer's Agent

Scott Knox

Scott Knox Properties LLC License #161703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,530

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Level Lot
  • Open Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as GR

Home Design

  • Cottage
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room
  • Basement

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Basement Garage
  • Side Facing Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Pier
  • Boat Lift
  • Covered Dock
  • Deck
  • Gazebo

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-151-49

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,530

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1985
  • Ratio Current Price By Acre: 2486956.52
  • Restrictions: N/A
  • Doors and Windows: Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Garage Door, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Kitchen Island, Open Floorplan, Skylight(s), Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1486
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 325
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 325
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 916
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Covered,Deck,Front,Side
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Electric Oven, Exhaust Fan, Exhaust Hood, Microwave, Natural Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 642
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 3044
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Gazebo, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Covered structure, Dock, Pier
  • Construction Type: Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 844
  • Parking Features: Basement, Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Sidewalks, Street Lights

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Long Range View, Open Lot, Wooded, Views, Water View, Waterfront, Wooded, Year Round View
  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 001-151-49
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.65071

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Aug 14, 2020
Sold by
Kaveny Robert G and Barvoets Barbara A
Bought by
Rammacher Richard W and Rammacher Ashley W
Seller's Agent
Michelle Ivester-Rhyne
Premier Sotheby's International Realty
Buyer's Agent
Scott Knox
Scott Knox Properties LLC
List Price
$1,450,000
Sold Price
$1,144,000
Premium/Discount to List
-$306,000
-21.1%
Current Estimated Value
$1,702,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,074
Avg. Annual Appreciation
8.10%
Original Mortgage
$690,000
Outstanding Balance
$607,720
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,094,354

Purchase Details

Closed on
Sep 17, 2016
Sold by
Fallar Timothy P and Fallar Patricia
Bought by
Kaveny Robert G and Barvoets Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 1999
Sold by
Loftin Maggie C
Bought by
Faller Timothy P and Faller Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rammacher Richard W $1,144,000 None Available
Kaveny Robert G $757,500 None Available
Faller Timothy P $483,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rammacher Richard W $350,000
Open Rammacher Richard W $690,000
Previous Owner Kaveny Robert G $600,000
Previous Owner Fallar Timothy $177,240
Previous Owner Fallar Timothy $150,000
Previous Owner Fallar Timothy P $175,000
Previous Owner Faller Timothy P $91,000
Previous Owner Fallar Timothy P $186,000
Previous Owner Faller Timothy P $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $1,144,000 -3.9% $376 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $1,190,000 -7.8% $391 / Sq Ft
05/11/2020 05/11/20 Price Changed $1,290,000 -4.4% $424 / Sq Ft
02/27/2020 02/27/20 Price Changed $1,350,000 -6.9% $443 / Sq Ft
02/14/2020 02/14/20 For Sale $1,450,000 -- $476 / 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 $8,530 $1,292,300 $1,100,000 $192,300
2024 $8,530 $1,292,300 $1,100,000 $192,300
2023 $8,395 $1,292,300 $1,100,000 $192,300
2022 $7,112 $833,100 $700,000 $133,100
2021 $7,028 $833,100 $700,000 $133,100
2020 $6,949 $828,400 $700,000 $128,400
2019 $6,983 $828,400 $700,000 $128,400
2018 $7,800 $720,900 $525,000 $195,900
2017 $7,743 $720,900 $525,000 $195,900
2016 $7,739 $720,900 $525,000 $195,900
2015 $7,628 $720,900 $525,000 $195,900
2014 $7,626 $720,900 $525,000 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3588616

Canopy MLS (Canopy Realtor® Association)

APN: 001-151-49