NOT LISTED FOR SALE

1120 Cornwallis Dr Woodleaf, NC 27054

Estimated Value: $364,000 - $540,000

4 Beds
3 Baths
1,988 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $175,000 $88 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,394/month

45 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • 2 Car Garage
  • Front Porch
  • Packing Shed
  • Lot Has A Rolling Slope

About This Home

As of November 2012

Foreclosure in GREAT condition. Built by TAB construction, super quality. Beautiful wood floors, Granite kitchen countertops with lots of counter space and cabinets. Gas log fireplace. 4th Bedroom up with private full bath. Unfinished room, 18' X10' with sheetrock in place just ready to hang. On demand tankless water heater. Heat pump downstairs is hybrid, when heat pump needs boost, gas takes over. Regular heat pump up. All on 2.88 Acres. $500 Credit toward Home Warrenty.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2.88 Acre Lot
  • Lot Dimensions are 250x494x270x472
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Woodleaf Elementary School
  • West Rowan Middle School
  • West Rowan High School

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • Front Porch
  • Packing Shed

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 056

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

2.88 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 2007
  • Inclusions: Building
  • Road Frontage Type: Easement
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Living Area: 1988

Exterior Features

  • Road Frontage: 250
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Other Structures: Packing Shed
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: West Rowan

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 056
  • Zoning: R
  • Lot Size Acres: 2.88
  • Lot Size: 250x494x270x472
  • Lot Size Sq Ft: 125452
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Woodleaf
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2012
Sold by
Basinger Michael T and Basinger Jennifer D
Bought by
Federal Home Loan Mortgage Corporation
Current Estimated Value
$428,469

Purchase Details

Closed on
May 7, 2007
Sold by
Tab Construction Inc
Bought by
Basinger Michael T and Basinger Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2007
Sold by
Current Richard C
Bought by
Tab Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Federal Home Loan Mortgage Corporation $192,363 None Available
Basinger Michael T $28,500 None Available
Tab Construction Inc $29,000 None Available
Helping Hands Ministries Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basinger Michael T $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2013 02/19/13 Off Market $175,000 -- --
11/13/2012 11/13/12 Sold $175,000 -14.6% $88 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $204,900 -- $103 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,024 $302,146 $51,056 $251,090
2024 $2,024 $302,146 $51,056 $251,090
2023 $2,024 $302,146 $51,056 $251,090
2022 $1,527 $204,333 $41,371 $162,962
2021 $1,466 $204,333 $41,371 $162,962
2020 $1,527 $204,333 $41,371 $162,962
2019 $1,466 $204,333 $41,371 $162,962
2018 $1,272 $178,705 $41,371 $137,334
2017 $1,272 $178,705 $41,371 $137,334
2016 $1,272 $178,705 $41,371 $137,334
2015 $1,291 $178,705 $41,371 $137,334
2014 $1,233 $178,705 $41,371 $137,334
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R53995

Canopy MLS (Canopy Realtor® Association)

APN: 723-056

North Carolina Rowan County Woodleaf 27054

1120 Cornwallis Dr, Woodleaf, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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