NOT LISTED FOR SALE

7306 Swansea Ln Cornelius, NC 28031

Estimated Value: $1,262,000 - $1,487,000

3 Beds
2 Baths
2,213 Sq Ft
$629/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $975,000 $441 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,494/month

30 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • J.V. Washam Elementary School Rated 9+
  • Community Lake
  • Whirlpool Bathtub

About This Home

As of February 2021

Must see WATERFRONT ranch in highly desirable 100 Norman Place! Steps away from deeded boat slip on Lake Norman w/ beautiful year round views. Stunning curb appeal & open floor plan. Great room w/ vaulted ceiling & gas log fireplace. Formal dining room leads to kitchen w/ quartz counters, stainless steel appliances, center island, tile backsplash, gas cook top & wine fridge. Spacious sunroom w/ vaulted ceiling & tons of natural light. Elegant owner's retreat w/ gorgeous lake views, access to screened in porch, vaulted ceiling & walk-in closet. Luxurious en-suite bathroom w/ dual vanity, tile shower & jetted tub. Spacious secondary bedrooms, bathroom & laundry complete the home. Amazing water views from screened in porch! Large multi level deck, perfect for grilling & entertaining. New roof, HVAC & hot water heater! Community includes pool & tennis court. Great Cornelius location, close to schools, restaurants and shopping! Minutes to Birkdale Village w/ easy access to I-77.

Last Agent to Sell the Property

Phil Puma

Puma & Associates Realty, Inc. License #203114 Listed on: 12/26/2020

Co-Listed By

Joe Puma

Puma & Associates Realty, Inc. License #217818

Last Buyer's Agent

Jim Nickerson

Southern Homes of the Carolinas, Inc License #317080

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Waterfront

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number 001-521-16
  • Tax Block 37

Community Details

Overview

  • Red Rocks Mgmt Association, Phone Number (888) 757-3376
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$297 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97500
  • Ratio Close Price By Original Li: 0.88677
  • Ratio Current Price By Acre: 2635135.14
  • Ratio Current Price By Sq Ft: 440.58
  • Year Built: 1988
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Boat lift does not convey
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 888-757-3376
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Open Floorplan, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2213
  • Total Sq Ft: 2213

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Tennis Court(s)
  • Association Fee: 890.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Red Rocks Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: J.V. Washam
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Features: Lake, Views, Water view, Waterfront, Winter View, Year Round View
  • Lot Size Area: 0.370
  • Parcel Number: 001-521-16
  • Plat Book Slide: 22
  • Plat Reference Section Pages: 494
  • Zoning Specification: GR

Tax Info

  • Tax Value: 680000.00
  • Tax Block: 37
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Feb 24, 2021
Sold by
Barberi George S and Barberi Joann T
Bought by
Torquato Close Joni R and Close Russell D
Seller's Agent
Phil Puma
Puma & Associates Realty, Inc.
Buyer's Agent
Jim Nickerson
Southern Homes of the Carolinas, Inc
List Price
$1,099,500
Sold Price
$975,000
Premium/Discount to List
-$124,500
-11.32%
Current Estimated Value
$1,391,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,003
Avg. Annual Appreciation
8.82%
Original Mortgage
$731,250
Outstanding Balance
$657,001
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$770,469

Purchase Details

Closed on
Mar 1, 2013
Sold by
Harley Enterprises Llc
Bought by
Barberi George S and Barberi Joann T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 23, 2011
Sold by
Harley David and Harley Nicole
Bought by
Harley Enterprises Llc

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hill Jean C and Hill David Clarence
Bought by
Harley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,750
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1999
Sold by
Suter Mark F and Crostic Karen
Bought by
Hill Jean C
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
Torquato Close Joni R $975,000 Avista Title Agency Inc
Barberi George S $500,000 None Available
Harley Enterprises Llc -- None Available
Harley David $765,000 None Available
Hill Jean C $374,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torquato Close Joni R $731,250
Previous Owner Barberi George $100,000
Previous Owner Barberi George S $350,000
Previous Owner Harley David $576,750
Previous Owner Hill David C $290,000
Previous Owner Suter Mark F $169,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $975,000 -2.5% $441 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $1,000,000 -9.0% $452 / Sq Ft
12/26/2020 12/26/20 For Sale $1,099,500 -- $497 / 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 $8,117 $1,229,500 $800,000 $429,500
2023 $7,990 $1,229,500 $800,000 $429,500
2022 $5,705 $680,000 $425,000 $255,000
2021 $5,744 $680,000 $425,000 $255,000
2020 $5,744 $680,000 $425,000 $255,000
2019 $5,738 $694,100 $425,000 $269,100
2018 $5,880 $542,800 $350,000 $192,800
2017 $5,836 $542,800 $350,000 $192,800
2016 $5,832 $542,800 $350,000 $192,800
2015 $5,747 $542,800 $350,000 $192,800
2014 $5,745 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3692098

Canopy MLS (Canopy Realtor® Association)

APN: 001-521-16