NOT LISTED FOR SALE

10212 Washam Potts Rd Cornelius, NC 28031

Estimated Value: $778,000

6.82 Acres
$114,076 Price per Acre
297,079 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $550,000 $667 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,907/month

142 Days on Market

About This Lot

As of January 2021

**UPDATE Town of Cornelius preliminary plan envisions 15-16 SFR or 25-27 town homes**
ATTENTION ALL HOME BUILDERS - DREAM PROPERTY AVAILABLE FOR SALE. Residential acreage in the heart of historic Cornelius ready for development. Your opportunity to create small housing community on 6.82 prime acres near popular schools, shopping and restaurants. Proposed development is consistent with the Town of Cornelius Land Use Plan. Also listed as MLS#3455683.

Last Agent to Sell the Property

Gretel Howell

Howard Hanna Allen Tate Lake Norman License #252117 Listed on: 12/03/2018

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Matt Gallagher

Blue Heel Realty, LLC License #184711

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 005-093-13

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84615
  • Ratio Close Price By Original Li: 0.59459
  • Ratio Current Price By Acre: 80645.16
  • Restrictions: No Restrictions
  • Habitable Residence Yn: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Installed, Tap Fee Required
  • Water: Connection Fee Required, Well Needed

Schools

  • Elementary School: J V Washam
  • Middle School: Bailey
  • High School: William Amos Hough

Lot Info

  • Lot Size Area: 6.820
  • Parcel Number: 005-093-13
  • Zoning Specification: NR

Tax Info

  • Tax Value: 743100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Washam Potts Townhomes Llc
Bought by
Tomika Investment Company
Current Estimated Value
$778,000

Purchase Details

Closed on
Nov 9, 2021
Sold by
Washam Potts Towuhomes Llc
Bought by
Towne Living At Washam Potts Llc

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jan 13, 2021
Sold by
Hipp Joann
Bought by
Washam Potts Townhomes Llc
Seller's Agent
Gretel Howell
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Matt Gallagher
Blue Heel Realty, LLC
List Price
$925,000
Sold Price
$550,000
Premium/Discount to List
-$375,000
-40.54%
Source: Public Records

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
Tomika Investment Company $917,500 None Available
Towne Living At Washam Potts Llc $645,000 None Available
Washam Potts Townhomes Llc -- None Available
Washam Potts Townhomes Llc $550,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $550,000 -15.4% $667 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $650,000 -29.7% $788 / Sq Ft
12/03/2018 12/03/18 For Sale $925,000 -- $1,121 / 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
2021 $4,960 $591,200 $589,200 $2,000
2020 $4,960 $591,200 $589,200 $2,000
2019 $4,984 $743,100 $736,600 $6,500
2018 $1,519 $276,700 $227,600 $49,100
2017 $2,987 $276,700 $227,600 $49,100
2016 $2,983 $276,700 $227,600 $49,100
2015 -- $276,700 $227,600 $49,100
2014 $2,936 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3455683

Canopy MLS (Canopy Realtor® Association)

APN: 005-093-13