NOT LISTED FOR SALE

7607 Montrachet Ln Cornelius, NC 28031

Estimated Value: $488,000 - $542,000

3 Beds
2.5 Baths
1,811 Sq Ft
$280/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $282,500 $156 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,944/month

5 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Wood Flooring
  • Bailey Middle School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of September 2019

7607 Montrachet Lane could be your entree to LAKE LIFE! Located in Bordeaux, a waterside community, it is adjacent to both Vineyard Point Marina with, at last check, boat slips available to lease AND Freedom Boat Club with boats available to rent and social events. The home's easy-care brick and vinyl exterior, smoothed ceilings, freshly painted walls, updated lighting, new, neutral carpeting, and open floor plan invite you to simply move in and enjoy the seasons! Its backyard is level, perfect for cookouts with family and friends. And the ever-popular Birkdale Village restaurants and shops are just across Catawba Avenue. Greenways and parks are nearby. Schools are the highly rated J.V.Washam Elem., Bailey M.S., and W. A. Hough H.S.

Last Agent to Sell the Property

Sally Sutherland

Lake Norman Realty, Inc. License #271795 Listed on: 08/23/2019

Lake Norman Realty, Inc.

Last Buyer's Agent

Beth Christian

Wallace Realty License #289940

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Skylights
  • Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-464-27

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.02170
  • Ratio Close Price By Original Li: 1.02170
  • Ratio Current Price By Acre: 1661764.71
  • Ratio Current Price By Sq Ft: 155.99
  • Year Built: 1992
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 770
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Washer, Natural Gas, Gas Oven
  • Fireplace Description: FAMILYRM, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl, Wood
  • H O A Management Phone: (704) 377-0114
  • Interior Amenities: Cable Available, Garden Tub, Open Floorplan, Skylight(s), Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1041
  • Total Sq Ft: 1811
  • Sq Ft Unheated Main: 436
  • Sq Ft Unheated Total: 436

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 150.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 0.170
  • Parcel Number: 001-464-27
  • Zoning Specification: GR

Tax Info

  • Tax Value: 263900.00
  • Tax Location: Cornelius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 30, 2019
Sold by
Mundy Frances R
Bought by
Iannantuono Michael A
Seller's Agent
Sally Sutherland
Lake Norman Realty, Inc.
Buyer's Agent
Beth Christian
Wallace Realty
List Price
$276,500
Sold Price
$282,500
Premium/Discount to List
$6,000
2.17%
Total Days on Market
5
Current Estimated Value
$506,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,271
Avg. Annual Appreciation
10.04%
Original Mortgage
$288,574
Outstanding Balance
$257,139
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$228,723

Purchase Details

Closed on
Dec 20, 2018
Sold by
Mundy Frances R
Bought by
Mundy Frances R

Purchase Details

Closed on
Sep 10, 2003
Sold by
Petersen Gary L
Bought by
Jones Ronald Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Iannantuono Michael A $282,500 None Available
Mundy Frances R -- None Available
Jones Robert Wayne $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannantuono Michael A $288,574
Previous Owner Jones Ronald Wayne $128,550
Previous Owner Jones Ronald Wayne $124,730
Previous Owner Jones Robert Wayne $131,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $282,500 +2.2% $156 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $276,500 -- $153 / 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
2023 $2,456 $373,200 $125,000 $248,200
2022 $2,280 $263,900 $90,000 $173,900
2021 $2,253 $263,900 $90,000 $173,900
2020 $2,253 $263,900 $90,000 $173,900
2019 $1,955 $289,200 $90,000 $199,200
2018 $2,007 $183,600 $50,000 $133,600
2017 $1,990 $183,600 $50,000 $133,600
2016 -- $183,600 $50,000 $133,600
2015 $1,955 $183,600 $50,000 $133,600
2014 $1,953 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3532366

Canopy MLS (Canopy Realtor® Association)

APN: 001-464-27