NOT LISTED FOR SALE

7528 Waterview Dr Cornelius, NC 28031

Estimated Value: $2,777,000 - $4,225,061

5 Beds
6 Baths
6,134 Sq Ft
$577/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $1,875,000 $306 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $20,135/month

311 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Arts and Crafts Architecture
  • Bailey Middle School Rated A-
  • Community Lake
  • Attic

About This Home

As of June 2019

SPECTACULAR WATERFRONT HOME WITH SUNSET VIEWS AND WALKING DISTANCE TO BIRKDALE VILLAGE- ABSOLUTELY STUNNING ARCHITECTURAL FEATURES SURROUNDS THIS HOME INSIDE AND OUT ON 1.97 WATERFRONT ACRES-HEATED SALT WATER POOL W/NATURAL ROCK WATERFALL- ELEVATOR- 2ND LIVING QUARTERS W/FULL KITCHEN ABOVE DETACHED 3 CAR GARAGE- OUTDOOR/INDOOR BAMBOO GARDEN SHOWER- WOLF COMMERCIAL DUAL FUEL 6 BURNER + GRIDDLE STOVE- 2 MASTER SUITES W/LUXURY BATHS-ART STUDIO WIRED 220 W/AIR SYSTEM, STAINED CONCRETE FLOORS,SPEAKERS - WET BAR W/BUILT IN COFFEE STATION, FRIDGE & ICE MAKER- BUILT IN MURPHY BED IN REC ROOM- STUNNING CUSTOM DESIGNED STAIRCASE- GAZEBO W/ FAN- DOCK FEATURES LARGE SUNDECK, ELECTRICITY, GAS HOOK UP, BOATLIFTS-
IRRIGATION- EXTRA STORAGE SHED W/ELECTRICITY- ONE OF A KIND HOME THAT WILL BE UNLIKE ANYTHING ELSE YOU WILL EVER SEE AND LOCATED IN A NO WAKE ZONE- APARTMENT ABOVE GARAGE HAS SEPARATE ENTRANCE

Last Agent to Sell the Property

Michael McNulty

Pros Realty Inc. License #184253 Listed on: 07/24/2018

Co-Listed By

Carolyn Brown

Pros Realty Inc. License #221451

Last Buyer's Agent

Mitzi McGraw

Coldwell Banker Realty License #218010

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation

Parking

  • Circular Driveway
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Elevator
  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Permanent Attic Stairs
  • Kitchen Island

Flooring

  • Carpet
  • Concrete
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 6 Full Bathrooms
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Terrace
  • Gazebo
  • Shed

Additional Features

  • Handicap Accessible
  • Well

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 001-422-08

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1.97 Acres

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93797
  • Ratio Close Price By Original Li: 0.89286
  • Ratio Current Price By Acre: 951776.65
  • Ratio Current Price By Sq Ft: 305.67
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1956
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Surround Sound, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Fixture Exception Description: ALL TVS AND BRACKETS, GRILL ATTACHED TO GAS LINE
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Concrete, Slate, Tile
  • Interior Amenities: Attic Stairs Fixed, Attic Walk-in, Built-Ins, Elevator, Garden Tub, Handicap Access, Kitchen Island, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Third, Laundry Room
  • Room Count: 4
  • Second Living Quarters: Exterior Connected, Exterior Not Connected, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters, Upper Level Garage
  • Sq Ft Additional: 3997
  • Main Level Sq Ft: 2242
  • Third Level Sq Ft: 1936
  • Total Sq Ft: 6134

Exterior Features

  • Construction: Fiber Cement, Hard Stucco, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Pool-In-Ground, Shed(s), Terrace, Gazebo
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular, Concrete, Gravel
  • Parking: Detached Garage, Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer, Septic Tank
  • Water: City Water, Well
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Dimension: 500+WF
  • Lot Features: Waterfront, Water view, Artificial Waterfall, Lake Access, Level, Views, Year Round View
  • Parcel Number: 001-422-08
  • Zoning Specification: GR

Tax Info

  • Tax Value: 1935600.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jun 28, 2019
Sold by
Block Timothy W and Block Julie A
Bought by
Borkowski Craig and Borkowski Mhyla
Seller's Agent
Michael McNulty
Pros Realty Inc.
Buyer's Agent
Mitzi McGraw
Coldwell Banker Realty
List Price
$2,100,000
Sold Price
$1,875,000
Premium/Discount to List
-$225,000
-10.71%
Current Estimated Value
$3,539,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,664,265
Avg. Annual Appreciation
9.93%
Original Mortgage
$150,000
Outstanding Balance
$131,896
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$3,407,369

Purchase Details

Closed on
Jan 17, 2012
Sold by
Mccullouch Harlan A and Mccullouch Karen M
Bought by
Block Timothy W and Block Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Mcculloch Harlen A and Mcculloch Karen M
Bought by
Mcculloch Harlan A and Mcculloch Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 9, 2006
Sold by
Baker David J and Baker Laura S
Bought by
Mcculloch Harlen A and Mcculloch Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 1999
Sold by
Watts Dennis L and Watts Diane J
Bought by
Baker David J and Baker Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,014
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borkowski Craig $1,875,000 None Available
Block Timothy W $1,700,000 None Available
Mcculloch Harlan A -- Barristers Title Company Of
Mcculloch Harlen A $990,000 None Available
Baker David J $627,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkowski Craig $150,000
Previous Owner Block Timothy W $1,360,000
Previous Owner Mcculloch Harlan A $400,000
Previous Owner Mcculloch Harlen A $750,000
Previous Owner Baker David J $275,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $1,875,000 -6.2% $306 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $1,999,000 -4.8% $326 / Sq Ft
07/24/2018 07/24/18 For Sale $2,100,000 -- $342 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $20,629 $3,136,200 $1,822,500 $1,313,700
2024 $20,629 $3,136,200 $1,822,500 $1,313,700
2023 $22,406 $3,460,500 $1,822,500 $1,638,000
2022 $16,471 $1,935,600 $877,500 $1,058,100
2021 $16,277 $1,935,600 $877,500 $1,058,100
2020 $16,277 $1,935,600 $877,500 $1,058,100
2019 $16,271 $1,935,600 $877,500 $1,058,100
2018 $17,588 $1,628,700 $717,500 $911,200
2017 $17,463 $1,628,700 $717,500 $911,200
2016 $17,459 $1,628,700 $717,500 $911,200
2015 $17,211 $1,628,700 $717,500 $911,200
2014 $17,209 $1,628,700 $717,500 $911,200
Source: Public Records

Agents Affiliated with this Home

  • Michael McNulty

    Seller's Agent in 2019

    Michael McNulty

    Pros Realty Inc.

    (704) 618-2650

    5 in this area

    35 Total Sales

    Michael McNulty
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Carolyn Brown

    Pros Realty Inc.

    (704) 578-3632

    5 in this area

    32 Total Sales

    Carolyn Brown
    Section Image

  • M

    Buyer's Agent in 2019

    Mitzi McGraw

    Coldwell Banker Realty

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3416414

Canopy MLS (Canopy Realtor® Association)

APN: 001-422-08

North Carolina Mecklenburg County Cornelius 28031

7528 Waterview Dr, Cornelius, NC

Not Listed for Sale

Detached

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