NOT LISTED FOR SALE

21548 Lake Point Ln Cornelius, NC 28031

Estimated Value: $2,693,000 - $3,484,049

4 Beds
6 Baths
5,476 Sq Ft
$559/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $2,750,000 $502 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,518/month

3 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Private Lot
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of August 2023

Incredible waterfront property sitting on almost .5 acres with private dock and beautiful views of Lake Norman. Great entertainers home starting with an oversized 3-car garage, circular driveway and plenty of guest parking. Charming front covered porch welcomes you to the light-filled home. Amazing views of Lake Norman as you enter this open floor plan home. Large planning room off the garage with dog wash station. Huge bonus/bedroom over the garage with full bath and extra storage. Primary suite on the main with large walk-in shower, dual vanities, custom closet with laundry hook-up. Basement level has a large family room with bar, 2 guest suites each with ensuite bath, home theater, wine room, storage room, laundry room and a separate laundry for beach towels. Tons of storage throughout this home. Incredible outdoor oasis with private pool, hot tub, gazebo with zero entry to the water and your own private dock. Come enjoy summer and the best of lake living!

Last Agent to Sell the Property

Heather Gibbs

Corcoran HM Properties Brokerage Email: heathergibbs@hmproperties.com License #295336 Listed on: 06/28/2023

Corcoran HM Properties

Last Buyer's Agent

Kathryn Lancaster

Dickens Mitchener & Associates Inc License #119408

Dickens Mitchener & Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,433

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Private Lot
  • Irrigation
  • Property is zoned GR

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Lake Point Shores Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 00143150, 0143199

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,433

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 502.19
  • Geocode Confidence: Medium
  • Attribution Contact: heathergibbs@hmproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, Built-in Features, Drop Zone, Entrance Foyer, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2512
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 774
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Microwave
  • Above Grade Finished Sq Ft: 3286
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2190
  • Door Features: Insulated Door(s), Sliding Doors
  • Fireplace Features: Family Room, Gas Log, Great Room
  • Living Area: 5476
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 22
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Terrace

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1040
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Inside, Multiple Locations, Other - See Remarks
  • Security: Security System
  • Cooling: Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Private, Waterfront
  • Lot Size Area: 0.482
  • Lot Size Units: Acres
  • Parcel Number: 00143150, 0143199
  • Plat Book Slide: M20-57
  • Lot Size: 2 lots
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 4, 2023
Sold by
Jones Stephen M and Jones Karen H
Bought by
Miller Victor J and Sparks Dinah L
Seller's Agent
Heather Gibbs
Corcoran HM Properties
Buyer's Agent
Kathryn Lancaster
Dickens Mitchener & Associates Inc
List Price
$2,595,000
Sold Price
$2,750,000
Premium/Discount to List
$155,000
5.97%
Views
35
Current Estimated Value
$3,061,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,512
Avg. Annual Appreciation
5.07%
Original Mortgage
$2,062,500
Outstanding Balance
$2,014,622
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$1,046,890

Purchase Details

Closed on
Mar 12, 2012
Sold by
Winkler Mark C and Winkler Tonya W
Bought by
Jones Stephen M and Jones Karen H

Purchase Details

Closed on
Sep 18, 2006
Sold by
Watts Maria Locklear
Bought by
Winkler Mark C and Winkler Tonya W

Purchase Details

Closed on
Aug 23, 1994
Sold by
Duke Power Co
Bought by
Watts Steven F
Source: Public Records

Range of Values:

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Average Value
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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
Miller Victor J $2,750,000 None Listed On Document
Jones Stephen M $1,170,000 None Available
Winkler Mark C -- None Available
Watts Steven F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Victor J $2,062,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $2,750,000 +6.0% $502 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $2,595,000 -- $474 / 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 $15,433 $2,344,400 $880,000 $1,464,400
2024 $15,433 $2,344,400 $880,000 $1,464,400
2023 $14,861 $2,292,900 $880,000 $1,412,900
2022 $12,398 $1,455,800 $560,000 $895,800
2021 $12,252 $1,455,800 $560,000 $895,800
2020 $12,252 $1,455,800 $560,000 $895,800
2019 $12,246 $1,455,800 $560,000 $895,800
2018 $12,566 $1,162,900 $350,000 $812,900
2017 $12,475 $1,162,900 $350,000 $812,900
2016 $12,472 $1,162,900 $350,000 $812,900
2015 $12,294 $1,162,900 $350,000 $812,900
2014 $12,292 $1,162,900 $350,000 $812,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4044693

Canopy MLS (Canopy Realtor® Association)

APN: 001-431-50