K
Seller's Agent in 2016
Kim Schields
Shields and Associates
(704) 488-1283
17 Total Sales
7514 Waterview Dr Cornelius, NC 28031
Estimated Value: $1,659,000 - $2,773,000
2.02
Acres
$1,083,868
Price per Acre
88,122
Sq Ft Lot
Highlights
- Docks
- Waterfront
- Private Lot
- Bailey Middle School Rated A-
- Deck
- Wooded Lot
About This Lot
As of December 2016Truly amazing one of a kind Lake Norman Waterfront property sitting on over 2 acres (see attached survey). Beautiful wooded, property with over 450 feet of water frontage shoreline, private beach, pier & 3 boat slips. 1980 Cottage style home / 1845 square feet, has been majorly remodeled & is beautiful, charming and very inviting ~ it could be moved, torn down, or lived in while you build your "dream home!" The privacy and serenity of this property is like no other. Dock can be moved, per DUKE.
Last Agent to Sell the Property
Shields and Associates Brokerage Email: kkschields@gmail.com License #270587 Listed on: 10/06/2016
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,465
Year Built
- 1980
Lot Details
- 2.02 Acre Lot
- Waterfront
- Private Lot
- Wooded Lot
- Possible uses of the property include Private Estate, Residential
- Property is zoned GR, Residential Acreage
Schools
- J.V. Washam Elementary School
- Bailey Middle School
- William Amos Hough High School
Additional Features
- Water Views
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 001-422-09
Community Details
Overview
- No Home Owners Association
Recreation
- Docks
- Deck
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2016
Closed on
Dec 7, 2016
Sold by
Acks Ronald W and Acks Judith A
Bought by
Block Ii James J and Warberg Kari G
Seller's Agent
Kim Schields
Shields and Associates
Buyer's Agent
Frank Free
Lake Realty
List Price
$1,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$300,000
-18.75%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,664
Avg. Annual Appreciation
6.34%
Original Mortgage
$175,000
Interest Rate
3.47%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 2012
Sold by
Broome Hubert Ray
Bought by
Acks Ronald W and Acks Judith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 6, 2008
Sold by
Broome Hubert Ray and Broome Pamela Tanner
Bought by
Broome Hubert Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 22, 2005
Sold by
Broome Enterprises Llc
Bought by
Broome Hubert Ray
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Block Ii James J | $1,300,000 | Master Title | |
| Acks Ronald W | $625,000 | None Available | |
| Broome Hubert Ray | -- | Lenders Title & Escrow | |
| Broome Hubert Ray | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Block James J | $701,000 | |
| Closed | Block James J | $490,000 | |
| Closed | Block Ii James J | $175,000 | |
| Previous Owner | Acks Ronald W | $375,000 | |
| Previous Owner | Broome Hubert Ray | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2016 12/07/16 | Sold | $1,300,000 | -18.8% | $725 / Sq Ft |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 10/06/2016 10/06/16 | For Sale | $1,600,000 | -- | $893 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $11,465 | $2,135,200 | $2,065,500 | $69,700 |
| 2022 | $11,465 | $1,366,700 | $1,300,000 | $66,700 |
| 2021 | $11,465 | $1,366,700 | $1,300,000 | $66,700 |
| 2020 | $11,505 | $1,366,700 | $1,300,000 | $66,700 |
| 2019 | $11,499 | $1,366,700 | $1,300,000 | $66,700 |
| 2018 | $9,670 | $894,300 | $724,500 | $169,800 |
| 2017 | $9,599 | $894,300 | $724,500 | $169,800 |
| 2016 | $9,596 | $894,300 | $724,500 | $169,800 |
| 2015 | $9,458 | $894,300 | $724,500 | $169,800 |
| 2014 | $9,456 | $890,700 | $724,500 | $166,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Schields
-
Frank Free
Buyer's Agent in 2016
Frank Free
Lake Realty
(704) 201-5262
17 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3221083
APN: 001-422-09
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