Charlotte · Home sale

17825 Spinnakers Reach Dr in Cornelius sells for $2.06 million

A single-family home at 17825 Spinnakers Reach Dr, Cornelius sold for $2,055,000 on October 21, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 17825 Spinnakers Reach Dr, Cornelius with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Mecklenburg County Assessor. The photo can predate the sale. See the full listing on Zillow.
Sale price
$2,055,000
Recorded
October 21, 2026
Property type
Single-family home
Living area
4,150 sq ft
Price per sq ft
$495
Year built
1995

The $2,055,000 sale price was 31% above the home's last recorded sale, according to the Assessor's records. The price is shown by transfer tax paid on a warranty deed recorded October 21, 2026 with the Mecklenburg County Register of Deeds.

An aerial photo shows the parcel directly on a lake, with a pool. Other houses surround it.

The recorder's index lists Paul Russo and Diane Russo as the buyer.

The Assessor's records show 5 bedrooms, 3.5 bathrooms, 4,150 square feet of living area, a build year of 1995 and a 13,923-square-foot lot. The price works out to $495 per square foot. The market value on record is $1,636,300, and the sale price is 26% above that. The last sale on record was $1,570,000 in 2021.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Mecklenburg County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $4,110 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.

How much did the seller net?

By our estimate, the seller netted about $1,935,381. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $440,097 at closing. That covers the down payment and closing costs.

Run this net sheet with your numbers (free) See photos on Zillow

17825 Spinnakers Reach Dr, Cornelius, NC.

Source: Mecklenburg County Assessor, parcel sales, document 40791-049. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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