NOT LISTED FOR SALE

7015 Norman Island Dr Cornelius, NC 28031

Estimated Value: $963,000 - $1,008,000

3 Beds
2 Baths
1,522 Sq Ft
$646/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $850,000 $558 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,899/month

298 Days on Market

Highlights

  • Waterfront
  • Deck
  • Covered Patio or Porch
  • J.V. Washam Elementary School Rated 9+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2023

Previous price of $1,950,000 was for both homes located at 7015 & 7017 Norman Island Drive. The updated price of $895,000 is for the property at 7015 Norman Island Drive. Waterfront ranch home offers island living on Lake Norman. This home has 3 beds with 2 full bath. Open layout kitchen, dining and living area. Attached garage with 2 car space. Enjoy the sandy beach and lake from the covered back porch. Norman Island offers island living with no HOA and year round long range lake views. Perfect waterfront location minutes away from shops, restaurants, parks and everything Cornelius and Huntersville has to offer. Beautiful sandy beach and lush yard offer the perfect outdoor waterfront oasis. Close to all Charlotte offers: uptown Charlotte, 18 miles, CLT Airport 22 miles & South park 26 miles.

Last Agent to Sell the Property

Lori Ivester Jackson

Ivester Jackson Properties Brokerage Email: lori@ivesterjackson.com License #78488 Listed on: 12/16/2022

Last Buyer's Agent

Kristi Vernon

Keller Williams Lake Norman License #223665

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,596

Year Built

  • Built in 1983

Lot Details

  • 0.35 Acre Lot
  • Waterfront
  • Cleared Lot
  • Property is zoned GR

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00103519

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,596

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Second Living Quarters: Separate Entrance
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 558.48
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1522
  • 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
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Oven
  • Above Grade Finished Sq Ft: 1522
  • Accessibility Features: Elevator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 1522
  • Bedroom Main: 3
  • Room Count: 6
  • Sq Ft Other: 1522

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Private
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cleared, Waterfront
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 00103519
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Nov 16, 2023
Sold by
Norman Island Drive Llc
Bought by
Hunter Travis John and Hunter Elizabeth Brown
Seller's Agent
Lori Ivester Jackson
Ivester Jackson Properties
Buyer's Agent
Kristi Vernon
Keller Williams Lake Norman
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Views
1061
Current Estimated Value
$983,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,700
Avg. Annual Appreciation
8.60%
Original Mortgage
$595,000
Outstanding Balance
$585,105
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$398,595

Purchase Details

Closed on
Jul 31, 1998
Sold by
Parker Rebecca J Phillips and Parker Ronald I
Bought by
Kaplan Samuel and Kaplan Berta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hunter Travis John $850,000 None Listed On Document
Hunter Travis John $850,000 None Listed On Document
Kaplan Samuel $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Travis John $595,000
Closed Hunter Travis John $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $850,000 -5.0% $558 / Sq Ft
10/06/2023 10/06/23 Price Changed $895,000 -54.1% $588 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,950,000 +62.5% $1,281 / Sq Ft
12/16/2022 12/16/22 For Sale $1,200,000 -- $788 / 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
2024 $6,596 $997,600 $742,500 $255,100
2023 $6,596 $999,800 $742,500 $257,300
2022 $5,804 $679,000 $520,000 $159,000
2021 $5,736 $679,000 $520,000 $159,000
2020 $5,736 $679,000 $520,000 $159,000
2019 $5,730 $679,000 $520,000 $159,000
2018 $4,099 $377,600 $280,000 $97,600
2017 $4,067 $377,600 $280,000 $97,600
2016 $4,063 $377,600 $280,000 $97,600
2015 $4,003 $377,600 $280,000 $97,600
2014 $4,001 $377,600 $280,000 $97,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3926280

Canopy MLS (Canopy Realtor® Association)

APN: 001-035-19