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18840 Nautical Drive
18840 Nautical Drive, Unit 61
$603,001 (our value guesstimate)
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Cornelius, NC 28031 ▪  (MLS # 3510947)
Built: 1999  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,281 Sq Ft
Sold for $365,000 on Jul 15, 2019
18840 Nautical Drive, Unit 61
$603,001 (our value guesstimate)
Cornelius, NC 28031 ▪  (MLS # 3510947)
Built: 1999  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,281 Sq Ft
Sold for $365,000 on Jul 15, 2019
SOLD JUL 15, 2019
Condo
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$365,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,281 Sq Ft
18840 Nautical Drive
Cornelius, NC 28031 (MLS # 3510947)
Built: 1999  ▪   Primary Bedroom on Main
Complex Name: Admirals Quarters
Cornelius, NC / 28031

Our Value Guesstimate (from Computer Algorithm): $603,001

Our computer algorithm has estimated that this home would be likely to sell in a range between $512,551 and $693,451.
Sale Details
Sales Price: $365,000
Closed: Jul 15, 2019 (1,718 days ago)
List Price: $375,000
Sold for: 97% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $285
Remarks - 18840 Nautical Drive, Unit 61
(from previous listing) Renovated main floor condo with a large patio with great water views! This 3 bedroom condo has been recently updated with 42" white cabinets and granite counters. The floors in the living spaces are wood grain tile and the bedrooms are carpet. The views from the master bedroom, living room, kitchen and dining area all look out to the large water views. Enjoy the summer evenings on your large covered patio and enclosed patio great for entertaining and grilling! Come see this home today!
General Info - MLS # 3510947
Parking: Parking Space - 2
Year Built: 1999
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Condo
Location: Cornelius / Mecklenburg County
Area Schools
10/10
J.V. Washam Elementary School
Distance: 1.4 mi
10/10
Bailey Middle School
Distance: 3.1 mi
10/10
William Amos Hough High School
Distance: 3.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Complex Name: Admirals Quarters
Subdivision: Admirals Quarters
Community Features: Lake
Listing History
07/15/2019: MLS Sold for $365,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

County Tax Data
2023 County Tax Assessment: $366,572
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $2,413

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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  Map / Satellite View

See Sold Homes in Admirals Quarters
SOLD JUN 29, 2023
Condo / TH
Sold for $327/Sq Ft & 96% of list
19 cumulative days on market
$360,000 (sales price)
2 bed  ▪  2 full bath  ▪  1,100 SqFt
18824 Nautical Dr
Cornelius, NC 28031
Admirals Quarters
0.1 mi.

SOLD JUN 9, 2023
Condo / TH
Sold for $295/Sq Ft & 89% of list
14 cumulative days on market
$325,000 (sales price)
2 bed  ▪  2 full bath  ▪  1,100 SqFt
18730 Nautical Dr, Unit 102
Cornelius, NC 28031
Admirals Quarters
0.1 mi.

SOLD FEB 27, 2023
Condo / TH
Sold for $366/Sq Ft & 100% of list
6 cumulative days on market
$395,000 (sales price)
2 bed  ▪  2 full bath  ▪  1,079 SqFt
18736 Nautical Dr, Unit 306
Cornelius, NC 28031
Admirals Quarters
0.0 mi.

Neighborhood Summary ( Condo )
Admirals Quarters


Sales in:

Median $ / Sq Ft ( Condo )
Admirals Quarters







28031 ZIP Code Trends
28031 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28031 is the 33rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28031 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

15
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

20%
Of Recently Sold Homes
Over Asking Price
20% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

48%
of Available Homes
Are Under Contract
48% of previously owned 28031-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28031 Area Metro Area
1-year - 4% + 3%
2-year + 6% + 2%
5-year +66% +66%
The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28031 area. Compare this with the Charlotte metro area median of 17 days on market.

20%
Of Recently Sold Homes
Over Asking Price

20% of previously owned 28031-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28031.

Price Per Square Foot Change
Period 28031
Area
Metro
Area
1-year - 4% + 3%
2-year + 6% + 2%
5-year +66% +66%

The price per square foot of 28031-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $263 per square foot in 28031 over the past 90 days - as compared to $212 for the entire metro area.

48%
of Available Homes
Are Under Contract

48% of previously owned 28031-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $603,001

Our computer algorithm has estimated that this home would be likely to sell in a range between $512,551 and $693,451.


Sale Details
Sales Price: $365,000
Closed: Jul 15, 2019 (1,718 days ago)
List Price: $375,000
Sold for: 97% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $285
Remarks
(from previous listing) Renovated main floor condo with a large patio with great water views! This 3 bedroom condo has been recently updated with 42" white cabinets and granite counters. The floors in the living spaces are wood grain tile and the bedrooms are carpet. The views from the master bedroom, living room, kitchen ...
Continue reading

General Info - MLS 3510947
Parking: Parking Space - 2
Year Built: 1999
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Condo
Location: Cornelius / Mecklenburg County
Neighborhood Info
Complex Name: Admirals Quarters
Subdivision: Admirals Quarters
Community Features: Lake
Listing History
07/15/2019: MLS Sold for $365,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

Area Schools
10/10
J.V. Washam Elementary School
Distance: 1.4 mi
10/10
Bailey Middle School
Distance: 3.1 mi
10/10
William Amos Hough High School
Distance: 3.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.