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$407,000

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

  • 18 days on market
Live the lake lifestyle in your waterfront condo at Admirals Quarters. Elevator building with easy access to this PENTHOUSE unit. Relax on the spacious, covered outdoor terrace overlooking the 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

$407

Year built

2007

Monthly HOA fee

$316

Price History

11/08/2024
CanopyMLS

CanopyMLS #4197246

Listed
$407,000
+11.51%
06/29/2022
CanopyMLS

CanopyMLS #3859838

Sold
$365,000
+1.67%
03/21/2022
CanopyMLS

CanopyMLS #3831544

Sold
$359,000
+4.06%

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

$32,417
Asking price
$407,000
Closing costs (~8% of asking)
-$32,560
Est. remaining loan balance
-$342,023
Cash to seller
$32,417

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

$342,023

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: 11/23/2024 at 12:40 AM

Listing updated: 11/09/2024 at 3:10 PM

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

MLS: CanopyMLS #4197246

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