NOT LISTED FOR SALE

19819 Stough Farm Rd Cornelius, NC 28031

Estimated Value: $4,022,000 - $4,311,000

5 Beds
6.5 Baths
5,702 Sq Ft
$740/Sq Ft Est. Value

Last Sold January 24, 2025

Last sale price $4,275,000 $750 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $24,598/month

252 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Deck
  • Bailey Middle School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2025

Welcome to luxury living at its finest in the prestigious Patricks Purchase neighborhood of Cornelius! Nestled along the tranquil shores of Lake Norman, on a private and serene cove. Completed in 2023, this exquisite custom-built waterfront residence boasts five ensuite bedrooms and features 12-foot ceilings, along with walls of doors designed to maximize the breathtaking views and provide seamless access to the outdoors. There's ample additional square footage of unfinished space, offering endless possibilities for expansion and customization. Heated pool, hot tub, outdoor kitchen, private dock, and multiple lounging areas provide perfect environment for hosting lavish gatherings or simply enjoying quiet moments of relaxation.

With its unbeatable combination of luxury, comfort, and convenience, this waterfront masterpiece truly offers a lifestyle like no other. Don't miss your chance to make it yours today!

Last Listed By

Nancy Zylstra

Ivester Jackson Properties Brokerage Email: nancy@ivesterjackson.com License #323749 Listed on: 03/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,362

Year Built

  • Built in 2023

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Property is zoned GR

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Wired For Data
  • Bar Fridge
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Wood Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Air Filtration System
  • Tankless Water Heater
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-412-13

Community Details

Overview

  • Patricks Purchase 1 Association
  • Built by Patrick Joseph Distinctive Homes
  • Patricks Purchase Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Dog Park

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,362

Year Built

Built in 2023

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 749.74
  • Geocode Confidence: High
  • Attribution Contact: nancy@ivesterjackson.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Storage, Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3060
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1366
  • Sq Ft Unheated Total: 1952
  • Sq Ft Unheated Upper: 586
  • Sq Ft Upper: 1127
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Exhaust Hood, Filtration System, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer, Wine Refrigerator
  • Other Equipment: Network Ready, Surround Sound
  • Above Grade Finished Sq Ft: 4187
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1515
  • Door Features: French Doors
  • Fireplace Features: Living Room, Recreation Room
  • Living Area: 5702
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 2
  • Room Count: 19
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub, Gas Grill, Outdoor Kitchen
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Invisible
  • Pool Features: In Ground
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 980
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Central
  • Sewer: Public Sewer, Sewage Pump
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Gas
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Gas, Satellite Internet Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Patricks Purchase 1
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 150.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Parcel Number: 001-412-13
  • Zoning: GR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR

Building Info

  • Builder Name: Patrick Joseph Distinctive Homes

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jan 24, 2025
Sold by
Lansing Anneliese U and Lansing Cornelius H
Bought by
Moninger John K and Moninger Toni P
Seller's Agent
Nancy Zylstra
Ivester Jackson Properties
Buyer's Agent
Scott Cervo
Ivester Jackson Properties
List Price
$4,275,000
Sold Price
$4,275,000
Total Days on Market
252
Views
5755
Current Estimated Value
$4,220,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,735
Avg. Annual Appreciation
-5.02%
Original Mortgage
$4,275,000
Outstanding Balance
$4,266,270
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$46,005

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 19, 2021
Sold by
Rees John Mark and Rees Mark J
Bought by
Lansing Anneliese U and Lansing Cornelius H
Seller's Agent
Crystal Rogers
Elite Properties, Inc.
Buyer's Agent
Nancy Zylstra
Ivester Jackson Properties
List Price
$1,499,900
Sold Price
$1,300,000
Premium/Discount to List
-$199,900
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.40%

Purchase Details

Closed on
Aug 11, 1994
Sold by
Goodrum Goodrum J and Goodrum Kimberly H
Bought by
Rees J Mark

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moninger John K $4,275,000 None Listed On Document
Moninger John K $4,275,000 None Listed On Document
Lansing Anneliese U $1,300,000 None Available
Rees J Mark $378,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moninger John K $4,275,000
Closed Moninger John K $4,275,000
Previous Owner Rees J Mark $220,000
Previous Owner Rees J Mark $300,700
Previous Owner Rees J Mark $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $4,275,000 0.0% $750 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
06/08/2024 06/08/24 Off Market $4,275,000 -- --
03/20/2024 03/20/24 For Sale $4,275,000 +228.8% $750 / Sq Ft
11/19/2021 11/19/21 Sold $1,300,000 -5.8% $415 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $1,380,000 -8.0% $441 / Sq Ft
07/28/2021 07/28/21 For Sale $1,499,900 -- $479 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,362 $1,913,000 $1,035,000 $878,000
2022 $7,730 $905,900 $598,500 $307,400
2021 $7,639 $905,900 $598,500 $307,400
2020 $7,639 $905,900 $598,500 $307,400
2019 $7,633 $905,900 $598,500 $307,400
2018 $7,048 $651,100 $350,000 $301,100
2017 $6,995 $651,100 $350,000 $301,100
2016 $6,992 $651,100 $350,000 $301,100
2015 $6,891 $651,100 $350,000 $301,100
2014 $6,889 $651,100 $350,000 $301,100
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4119593

Canopy MLS (Canopy Realtor® Association)

APN: 001-412-13