NOT LISTED FOR SALE

20407 Harborgate Ct Unit 404 Cornelius, NC 28031

Estimated Value: $612,275 - $669,000

2 Beds
2 Baths
1,380 Sq Ft
$335/mo HOA Fee

Last Sold August 04, 2022

Last sale price $510,000 $370 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,126/month

90 Days on Market

Highlights

  • Assigned Boat Slip
  • Pier or Dock
  • Community Lake
  • Bailey Middle School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of August 2022

Beautiful Lake Norman Waterfront unit with assigned boat slip included with the property. Open floor plan with fireplace. Spectacular lake and sunset views from living room, dining area, kitchen, primary bedroom, and balcony. Great location close to shopping and restaurants. Storage room located downstairs for all of your lake toys. James Hardy Board Siding exterior renovation was completed in 2018. Wonderful Community with over 20 acres to enjoy walking the many trails and open space or relaxing in the gazebo as well as the sandy beach area for swimming or paddleboard launch.

Last Listed By

Anna Harris

Berkshire Hathaway Homeservices Landmark Prop License #262324 Listed on: 05/06/2022

Berkshire Hathaway Homeservices Landmark Prop

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Hardboard

Interior Spaces

  • 1,380 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Storage Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Assigned Boat Slip
  • Deck

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-441-28

Community Details

Overview

  • Cedar Management Association
  • Mid-Rise Condominium
  • Harborgate Condos
  • Harborgate Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,070

Year Built

Built in 1985

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1985
  • Restrictions: Building
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 369.57
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Storage Unit
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1380
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Screened
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1380
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Cornelius
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Boat Slip – Community, Boat Slip (Lease/License), Dock, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned, Parking Space - 2

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association #2 Fee: 600
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Harborgate
  • Association Name: Cedar Management
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required
  • HOA Management Name 2: Harborgate Yacht Club
  • CAR_YearlyHOAExpense: 4020.00

Lot Info

  • Lot Features: Lake On Property, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 001-441-28
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: GR

Tax Info

  • RATIO List Price By Tax Amount: 1.47541

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 2, 2022
Sold by
Rees Robert A and Rees Kimberly Y
Bought by
Revocable Living Trust
Seller's Agent
Anna Harris
Berkshire Hathaway Homeservices Landmark Prop
Buyer's Agent
Paul Yancey
Southern Homes of the Carolinas, Inc
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Total Days on Market
90
Current Estimated Value
$634,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,569
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Eisberg Robert William
Bought by
Rees Robert A and Rees Kimberly Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Burdell Marcia B
Bought by
Eisberg Robert William and Eisberg Elaine Ann

Range of Values:

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Average Value
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List Price
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
Revocable Living Trust $510,000 Coley Law Firm Pllc
Rees Robert A $270,000 None Available
Eisberg Robert William $274,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rees Robert A $277,422
Previous Owner Rees Robert A $284,543
Previous Owner Rees Robert A $198,750
Previous Owner Eisberg Robert W $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $510,000 -5.6% $370 / Sq Ft
05/19/2022 05/19/22 Price Changed $540,000 -1.8% $391 / Sq Ft
05/06/2022 05/06/22 For Sale $550,000 -- $399 / 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 $3,070 $511,320 $0 $511,320
2022 $3,070 $366,000 $0 $366,000
2021 $3,110 $366,000 $0 $366,000
2020 $3,110 $366,000 $0 $366,000
2019 $3,104 $366,000 $0 $366,000
2018 $2,939 $270,000 $100,000 $170,000
2017 $2,915 $270,000 $100,000 $170,000
2016 $2,911 $270,000 $100,000 $170,000
2015 $2,867 $270,000 $100,000 $170,000
2014 $2,865 $270,000 $100,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857438

Canopy MLS (Canopy Realtor® Association)

APN: 001-441-28