tomo logo

$675,000

Beds
3
Baths
2.0
sq ft
1,395

18700 Nautical Drive Unit 302, Cornelius, NC 28031

18700 Nautical Drive Unit 302

Cornelius, NC 28031

  • 71 days on market
Spectacular upgraded 3rd-floor penthouse waterfront condo w/incredible views/sunsets of Lake Norman. Move-in ready in desirable Cornelius. NEW ('22) HVAC, NEW (Dec 23) H2O heater (both warrantied), NEW (6/24) Samsung Smart Range & Microwave. Kitchen w/granite, tile backsplash, breakfast bar. Open-concept plan w/LVP flooring is spacious & perfect for entertaining. Great room w/vaulted ceiling, ceiling fan, gas fireplace, 2 large slider glass doors. The XL Balcony, w/ceiling fan & custom privacy shades, offers more living space. Primary bedroom w/en-suite bath w/large custom walk-in closet. Tinted windows w/UV protection & custom shades help keep energy costs low. Perfect for an active lifestyle - enjoy boating, kayaking, swimming, tennis, walk to Birkdale Village, Port City Club, Robbins & Jetton Park, Greenway & more. Amenities: day dock, pool, fitness center, clubhouse, & tennis. Unit comes w/ 2 kayaks & storage paid through July 2025. Boat slips available through AQ Marine Board.

Details

Property type

Condominium

Est. home value

$574,552

Lot size

Unknown

Price per sq ft

$484

Year built

1991

Monthly HOA fee

$400

Price History

04/26/2024
CanopyMLS

CanopyMLS #4131627

Listed
$675,000
+92.91%
07/31/2019
CanopyMLS

CanopyMLS #3454430

Sold
$349,900

Schools & Community

Elementary school: 

J.V. Washam

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, 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

$311,006
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$309,994
Cash to seller
$311,006

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2020

Original loan amount

$337,500

Est. remaining balance

$309,994

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Debra A Fruscella and Lisa M Fruscella

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: 07/02/2024 at 7:00 PM

Listing updated: 06/27/2024 at 9:13 PM

Listed by: Gina Wells, Ivester Jackson Properties Phone #: (704) 655-0586

MLS: CanopyMLS #4131627

CanopyMLS logo

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