NOT LISTED FOR SALE

12229 Mayes Rd Huntersville, NC 28078

Estimated Value: $597,000 - $3,818,000

94.52 Acres
$23,355 Price per Acre
4,117,291 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $7,484,443 $5,198 Per Sq Ft

Current estimated payment $12,118/month

108 Days on Market

About This Lot

As of December 2023

94.52 acres in Cornelius ETJ. Gently rolling wooded and open land. Currently under cultivation by a local farmer. CMUD utilities are available. Lots of open road frontage on Mayes Rd. Currently zoned RP (See attachments). With the sale of the 94.52 acres, it will be contingent on the buyer reaching a agreement on the parcel number 005-551-05 at 1.95 Acres. There is a conservation easement on the creek and undevelopable area.

Last Agent to Sell the Property

Danny Edwards

RE/MAX Executive Brokerage Email: dedwards5253@gmail.com License #189750 Listed on: 05/11/2020

RE/MAX Executive

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,192

Lot Details

  • 94.52 Acre Lot
  • Possible uses of the property include Other - See Remarks
  • Property is zoned RP

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-551-01

Property Details

Property Type

Land

Est. Annual Taxes

$2,192

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: dedwards5253@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Other - See Remarks
  • Room Count: 0

Exterior Features

  • Road Frontage: 1365
  • Other Structures: Other - See Remarks

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: County Sewer
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 94.52
  • Lot Size Units: Acres
  • Parcel Number: 007-551-01
  • Can Be Subdivided: 1
  • Cleared Acres: 60.00
  • Lot Size Acres: 94.52
  • Lot Size: 94.52
  • Lot Size Sq Ft: 4117291
  • Wooded Area: 34
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RP

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Dec 1, 2023
Sold by
Mayes Family Company Llc
Bought by
Key Cog Holdings Nc Ii Llc
Seller's Agent
Danny Edwards
RE/MAX Executive
Buyer's Agent
Non Member
Canopy Administration
List Price
$6,600,000
Sold Price
$7,484,443
Premium/Discount to List
$884,443
13.4%
Views
88
Current Estimated Value
$2,207,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,276,943
Avg. Annual Appreciation
-49.64%

Purchase Details

Listed on
May 11, 2020
Closed on
Nov 30, 2023
Sold by
Key Cog Holdings Nc Ii Llc
Bought by
Mayes George C and Mayes Mary A
Seller's Agent
Danny Edwards
RE/MAX Executive
Buyer's Agent
Non Member
Canopy Administration
List Price
$6,600,000
Sold Price
$7,484,443
Premium/Discount to List
$884,443
13.4%
Views
88

Purchase Details

Closed on
Sep 3, 1998
Sold by
Mayes Betty W
Bought by
Mayes Family Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Key Cog Holdings Nc Ii Llc -- None Listed On Document
Caldwell Rodney -- None Listed On Document
Key Cog Holdings Nc 11 Llc $7,484,500 None Listed On Document
Key Cog Holdings Nc Ii Llc -- None Listed On Document
Key Cog Holdings Nc Ii Llc -- None Listed On Document
Caldwell Rodney -- None Listed On Document
Key Cog Holdings Nc 11 Llc $7,484,500 None Listed On Document
Key Cog Holdings Nc Ii Llc -- None Listed On Document
Mayes George C $420,000 None Listed On Document
Mayes George C $420,000 None Listed On Document
Mayes Family Ltd Partnership -- --
Mayes Family Ltd Partnership -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $7,484,443 +13.4% $5,198 / Sq Ft
08/28/2020 08/28/20 For Sale $6,600,000 0.0% $4,583 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $6,600,000 -- $4,583 / 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
2025 $2,192 $6,745,400 $6,745,400 --
2024 $2,192 $6,745,400 $6,745,400 --
2023 $2,192 $6,326,879 $6,138,579 $188,300
2022 $2,613 $4,270,328 $4,145,128 $125,200
2021 $2,613 $4,270,328 $4,145,128 $125,200
2020 $3,243 $5,079,240 $4,954,040 $125,200
2019 $2,810 $5,079,240 $4,954,040 $125,200
2018 $2,238 $1,858,210 $1,757,210 $101,000
2017 $2,220 $1,858,210 $1,757,210 $101,000
2016 $2,210 $1,858,210 $1,757,210 $101,000
2015 $2,192 $201,926 $100,926 $101,000
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3620123

Canopy MLS (Canopy Realtor® Association)

APN: 007-551-01