tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
1,001

18742 Nautical Drive Unit 305, Cornelius, NC 28031

18742 Nautical Drive Unit 305

Cornelius, NC 28031

  • 7 days on market
Live the easy lake life in this top floor condo with elevator access. Relax on the covered outdoor terrace overlooking community pond with fountains, and paths that lead directly to Lake Norman. Inside, there's a renovated kitchen with quartz countertops, stainless appliances and marble tile backsplash. It connects to the dining area and living room with fireplace and door to the outside. The primary suite is on the back with vaulted ceiling and water views. It has a bath with dual vanity, shower, and two closets. Bedroom two is on the front, with access to another full bath with tub. Full laundry room, with washer/dryer that convey. Amenity-filled community with clubhouse, pool, walking paths, lakefront gazebo and tennis courts. Convenient location between Cornelius and Huntersville. Welcome home!

Details

Property type

Condominium

Est. home value

$396,361

Lot size

Unknown

Price per sq ft

$400

Year built

2007

Monthly HOA fee

$343.65

Price History

12/26/2024
CanopyMLS

CanopyMLS #4209140

Listed
$399,900
-1.74%
12/09/2024
CanopyMLS

CanopyMLS #4197246

Removed
$407,000
11/08/2024
CanopyMLS

CanopyMLS #4197246

Listed
$407,000
+11.51%

Schools & Community

Elementary school: 

J.V. Washam

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, Fitness Center, Sidewalks, 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

$26,801
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$341,107
Cash to seller
$26,801

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

June 2022

Original loan amount

$354,050

Est. remaining balance

$341,107

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Charlene Ferrell and Jacob White

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?

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Status: Active

Tomo last checked: 01/03/2025 at 2:00 AM

Listing updated: 12/30/2024 at 12:20 PM

Listed by: Bobby Sisk, Nestlewood Realty, LLC Phone #: (704) 302-4464

MLS: CanopyMLS #4209140

CanopyMLS logo

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