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18521 Balmore Pines Lane
18521 Balmore Pines Lane
$1,373,018 (our value guesstimate)
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Cornelius, NC 28031 ▪  (MLS # 3635225)
2-car garage  ▪   Built: 1992  ▪   Primary Up
5 bed  ▪  3 full & 1 half bath  ▪  3,547 Sq Ft
Sold for $875,000 on Nov 05, 2020
18521 Balmore Pines Lane
$1,373,018 (our value guesstimate)
Cornelius, NC 28031 ▪  (MLS # 3635225)
2-car garage  ▪   Built: 1992  ▪   Primary Up
5 bed  ▪  3 full & 1 half bath  ▪  3,547 Sq Ft
Sold for $875,000 on Nov 05, 2020
SOLD NOV 5, 2020
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$875,000  (sales price)
5 bed  ▪  3 full & 1 half bath  ▪  3,547 Sq Ft
18521 Balmore Pines Lane
Cornelius, NC 28031 (MLS # 3635225)
.61 acres  ▪   Built: 1992  ▪   Primary Bedroom Up
Subdivision: The Peninsula
Cornelius, NC / 28031

Our Value Guesstimate (from Computer Algorithm): $1,373,018

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,167,065 and $1,578,971.
Sale Details
Sales Price: $875,000
Closed: Nov 5, 2020 (1,239 days ago)
List Price: $955,000
Sold for: 92% of list price
Cumulative Days on Market: 164
Price/Sq Ft: $247
Remarks - 18521 Balmore Pines Lane
(from previous listing) Custom built Tudor style 5 bedroom home located on the 8th tee box of The Peninsula golf course on the highly sought after Balmore Pines ln. The Peninsula club house is only a short walk away. This home was renovated and styled by KKD Designs and was featured in QC magazine for its fabulous new kitchen. The kitchen had a complete overhaul and now features a Wolf dual stacked sealed gas cook top, Wolf built in convection oven and microwave drawer. All of the cabinets are new and custom built. Th ...
Continue reading

General Info - MLS # 3635225
Parking: Garage - 2 Car
Year Built: 1992
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Cornelius / Mecklenburg County
Lot Size: .61 acres
Area Schools
9/10
Cornelius Elementary School
Distance: 2.9 mi
10/10
Bailey Middle School
Distance: 4.2 mi
10/10
William Amos Hough High School
Distance: 4.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: The Peninsula
Listing History
11/05/2020: MLS Sold for $875,000 (Canopy MLS)
Cumulative Days on Market: 164
More details

05/15/2017: MLS # 3252526 sold for $700,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 14
County Tax Data
2023 County Tax Assessment: $1,196,600
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $7,777

1% List Fee for Sellers

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

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  More Home Details
  Map / Satellite View

See Sold Homes in The Peninsula
SOLD NOV 17, 2023
Sold for $397/Sq Ft & 99% of list
34 cumulative days on market
$1,440,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,630 SqFt
18830 Peninsula Cove Ln
Cornelius, NC 28031
The Peninsula
0.8 mi.

SOLD SEP 20, 2023
Sold for $307/Sq Ft & 91% of list
28 cumulative days on market
$1,110,000 (sales price)
7 bed  ▪  4 full bath  ▪  3,610 SqFt
17626 Spinnakers Reach Dr
Cornelius, NC 28031
The Peninsula
0.8 mi.

SOLD JUN 30, 2023
Sold for $358/Sq Ft & 98% of list
0 cumulative days on market
$1,175,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,278 SqFt
16601 Mizzen Ct
Cornelius, NC 28031
The Peninsula
1.4 mi.

Neighborhood Summary (single family)
The Peninsula

Sales in:

Median $ / Sq Ft (single family)
The Peninsula




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: $1,373,018

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,167,065 and $1,578,971.


Sale Details
Sales Price: $875,000
Closed: Nov 5, 2020 (1,239 days ago)
List Price: $955,000
Sold for: 92% of list price
Cumulative Days on Market: 164
Price/Sq Ft: $247
Remarks
(from previous listing) Custom built Tudor style 5 bedroom home located on the 8th tee box of The Peninsula golf course on the highly sought after Balmore Pines ln. The Peninsula club house is only a short walk away. This home was renovated and styled by KKD Designs and was featured in QC magazine for its fabulous new kitc ...
Continue reading

General Info - MLS 3635225
Parking: Garage - 2 Car
Year Built: 1992
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Cornelius / Mecklenburg County
Lot Size: .61 acres

Neighborhood Info
Subdivision: The Peninsula
Listing History
11/05/2020: MLS Sold for $875,000 (Canopy MLS)
Cumulative Days on Market: 164
More details


05/15/2017: MLS # 3252526 sold for $700,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 14
Area Schools
9/10
Cornelius Elementary School
Distance: 2.9 mi
10/10
Bailey Middle School
Distance: 4.2 mi
10/10
William Amos Hough High School
Distance: 4.7 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.
If you’re looking to sell a home in the The Peninsula neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Mountain View Beach, Connor Quay, and Diane Shores.



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.