12309 Bailey Rd Cornelius, NC 28031
Estimated Value: $489,581 - $524,000
2
Beds
2
Baths
1,700
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 12309 Bailey Rd, Cornelius, NC 28031 and is currently estimated at $506,895, approximately $298 per square foot. 12309 Bailey Rd is a home located in Mecklenburg County with nearby schools including J.V. Washam Elementary School, Bailey Middle School, and William Amos Hough High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 2, 2018
Sold by
Mcgee Paul J and Mcgee Courtney M
Bought by
Mcgee Paul J and Mcgee Courtney M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Outstanding Balance
$13,747
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$493,148
Purchase Details
Closed on
Dec 16, 2013
Sold by
Mcgee Paul J and Mcgee Sonya K
Bought by
Mcgee Paul J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,487
Outstanding Balance
$63,766
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$443,129
Purchase Details
Closed on
Mar 12, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcgee Paul J
Purchase Details
Closed on
Aug 10, 2012
Sold by
Nelson Kari and Tomlinson Nicholas
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 20, 2007
Sold by
Baijnauth Peter
Bought by
Nelson Kari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baijnauth Peter
Purchase Details
Closed on
Dec 13, 2005
Sold by
Creamer Eric S and Creamer Shaye G
Bought by
Federal Home Loan Mortgage Corporation
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgee Paul J | -- | None Available | |
| Mcgee Paul J | $100,000 | None Available | |
| Mcgee Paul J | -- | None Available | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Nelson Kari | $170,000 | None Available | |
| Baijnauth Peter | -- | None Available | |
| Federal Home Loan Mortgage Corporation | $120,068 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgee Paul J | $16,000 | |
| Open | Mcgee Paul J | $86,487 | |
| Previous Owner | Nelson Kari | $170,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,766 | $464,200 | $238,600 | $225,600 |
| 2024 | $3,766 | $464,200 | $238,600 | $225,600 |
| 2023 | $3,715 | $464,200 | $238,600 | $225,600 |
| 2022 | $2,217 | $240,100 | $93,000 | $147,100 |
| 2021 | $2,217 | $240,100 | $93,000 | $147,100 |
| 2020 | $2,217 | $256,400 | $93,000 | $163,400 |
| 2019 | $2,050 | $256,400 | $93,000 | $163,400 |
| 2018 | $1,532 | $137,400 | $44,600 | $92,800 |
| 2017 | $1,518 | $137,400 | $44,600 | $92,800 |
| 2016 | $1,510 | $137,400 | $44,600 | $92,800 |
| 2015 | $1,497 | $137,400 | $44,600 | $92,800 |
| 2014 | $1,471 | $0 | $0 | $0 |
Source: Public Records
Map
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