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20707 Pointe Regatta Drive

20707 Pointe Regatta Drive, Cornelius, NC 28031
Property in Mecklenburg
Sold Jun 02, 2020
$1,300,000
$400,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2050
Sold Sep 18, 2013
$860,000
$560,000 by Bank Of America Na
Mortgage Due Oct 01, 2043
20707 Pointe Regatta Drive has been categorized by the local assessors in Cornelius, NC as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 20707 Pointe Regatta Drive has 2,974 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,553 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 761 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 20707 Pointe Regatta Drive was last sold in May 26, 2020 for $1,300,000. According to our calculations, that's $437.12 per sqft. Prior to that sales transaction, the property was sold for $860,000 in Sep 17, 2013. Current property owners are expected to pay $7,250 in taxes per year. The property on 20707 Pointe Regatta Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,341,300. To break that down further, the land itself was valued at $843,800. While improvements to the property were assessed at a total of $497,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 761
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,974
  • Gross Building Area: 2,974
  • Building Area: 2,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,974
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POINTE REGATTA
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L22 M22-317

Ownership

  • Current Owner : MOORTGAT PHILIP
  • Current Owner 2: PETERS LAURA
  • Previous Owner : BELLINI ELLEN SANDERSON
  • Previous Owner 2: BELLINI LUIGI
  • Owner Before Previous Owner: MURPHY JAMES J
  • Owner Before Previous Owner 2: MURPHY BARBARA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CORNELIUS
  • Census Tract: 006217

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: 001-49
  • District: 3
  • Parcel: 001-491-29
  • Block: 1
  • Lot: 22
  • Municipality: CORNELIUS
  • Latitude: 35.494
  • Longitude: -80.899

    Address

  • Full Address: 20707 Pointe Regatta Dr
  • Address - House Number: 20707
  • Address - Street Name: Pointe Regatta
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cornelius
  • Carrier Code: R007
  • 4-Digit Zip Code: 7159
  • Zip Code: 28031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,250
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,392,535
  • High Value: 1,642,988
  • Low Value: 1,142,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $1,341,300
  • Market Land Value: $843,800
  • Market Improvement Value: $497,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,341,300
  • Assessed Land Value: $843,800
  • Assessed Improvements Value: $497,500

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11769614121
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020079849
  • Previous Sale Recording Date: Sep 18, 2013
  • Previous Sale Contract Date: Sep 17, 2013
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 18, 2013
  • Previous Mortgage Loan Amount: $560,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Cornelius



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Frequently Asked Questions

What neighborhood is 20707 Pointe Regatta Drive located in?
The 20707 Pointe Regatta Drive is a located in the neighborhood of Mecklenburg in Cornelius, Cornelius.
What is the average sales price for listings in 20707 Pointe Regatta Drive?
The average sales price for units in 20707 Pointe Regatta Drive is $0 currently.

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