tomo logo

$1,500,000

Beds
5
Baths
3.5
sq ft
3,772

18512 Square Sail Road, Cornelius, NC 28031

18512 Square Sail Road

Cornelius, NC 28031

  • 13 days on market
    • Open house Apr 05
Gorgeous, 5 Bedroom, 3.5 Bath Peninsula Home with heated Pool/Spa & Fenced, Private Back Yard, perfectly cultivated for entertaning! Home is well located on quiet cul-de-sac street near the lake & parks! Step inside to elegance with soaring ceilings & Amazing Finishes! Hardwood Floors in main living spaces! Gourmet, Chef's Kitchen features granite counters, stainless steel appliances with Refrigerator to remain, custom cabinetry, island & walk in pantry! Breakfast/Sunroom that overlooks an Outdoor Paradise! Guest Suite on main level with all other Bedrooms on upper level via Dual Staircases! Great Room with gas fireplace! The Peninsula is an amenity rich community with a Golf Course, Club House, Pool, Playground & Tennis Courts! There are 2 Clubs in the neighborhood that offer private memberships - The Peninsula Club & The Yacht Club. Members can enjoy fine dining, boating, boat launch, slip rental, golf, tennis, fitness center, etc...

Details

Property type

Single Family Residence

Est. home value

$1,411,494

Lot size

Unknown

Price per sq ft

$398

Year built

1996

HOA fee

$750

Price History

03/28/2025
CanopyMLS

CanopyMLS #4235235

Listed
$1,500,000
+22.45%
12/15/2021
CanopyMLS

CanopyMLS #3798945

Sold
$1,225,000

Schools & Community

Elementary school: 

Cornelius

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, Golf, Playground, Sidewalks, Street Lights, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$717,967
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$662,033
Cash to seller
$717,967

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rosegate Mortgage Llc

Loan start date

February 2024

Original loan amount

$670,000

Est. remaining balance

$662,033

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Carla Holmes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 2:30 PM

Listing updated: 04/03/2025 at 10:30 AM

Listed by: Matt Sarver, Keller Williams Lake Norman Phone #: (704) 892-5518

MLS: CanopyMLS #4235235

CanopyMLS logo

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