tomo logo

$415,000

Beds
2
Baths
2.0
sq ft
1,070

18824 Nautical Drive Unit 28, Cornelius, NC 28031

18824 Nautical Drive Unit 28

Cornelius, NC 28031

  • 80 days on market
    • Price drop $5,000↓
PRICE REDUCTION $415,000 for Lake Resort living at Admiral's Quarters in this pristine, recently updated First Floor 2 Bed/2 Bath Condominium. Spectacular views of the lakeside, boat slips and common areas with the pool, lighted fountains and pond all from the gated covered patio, the perfect place for entertaining. Convenient access to Kenton Place, Birkdale Village, Cornelius and Northcross Shopping Center. Enjoy the spacious open plan with recently updated Kitchen & Breakfast/Bar areas. The updated kitchen is dynamic, cook friendly with white satin finished Kraftmaid cabinets, quartz countertops & black stainless appliances. Recent Seller improvements include new gas logs, Nest thermostat, ceiling fan in the Living Room, pendant lights over the Bar and a ceiling fan in the porch. Main Bedroom has a large walk-thru closet and en-suite bathroom. Spacious Guest Bedroom with generous closet storage. Luxury vinyl plank flooring throughout makes housecleaning and maintenance easy.

Details

Property type

Condominium

Est. home value

$391,659

Lot size

Unknown

Price per sq ft

$388

Year built

1999

Monthly HOA fee

$349

Price History

03/17/2025
CanopyMLS

CanopyMLS #4213289

Price change
$415,000
-1.19%
03/06/2025
CanopyMLS

CanopyMLS #4213289

Price change
$420,000
-1.18%
01/31/2025
CanopyMLS

CanopyMLS #4213289

Price change
$425,000
-0.93%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, Sidewalks

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

$170,506
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$211,294
Cash to seller
$170,506

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

February 2021

Original loan amount

$233,181

Est. remaining balance

$211,294

Interest rate

2.67%

Loan type

VA, 30 year

Seller

Britnee Reagan Mclntyre

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: 04/04/2025 at 7:20 AM

Listing updated: 04/03/2025 at 10:45 AM

Listed by: Nicholas O'Shaughnessy, O'Shaughnessy Realty & Development Phone #: (704) 506-4149

MLS: CanopyMLS #4213289

CanopyMLS logo

Recently listed in Cornelius