12517 Bailey Rd Cornelius, NC 28031
Estimated Value: $519,000 - $658,000
3
Beds
2
Baths
1,884
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 12517 Bailey Rd, Cornelius, NC 28031 and is currently estimated at $561,919, approximately $298 per square foot. 12517 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
Jul 20, 2010
Sold by
Redden John V and Redden Wanda S
Bought by
Lynch Jeffrey S and Lynch Terri T
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
$108,000
Outstanding Balance
$71,803
Interest Rate
4.73%
Mortgage Type
New Conventional
Estimated Equity
$490,116
Purchase Details
Closed on
May 22, 2008
Sold by
Estate Of Michael W Norris
Bought by
Redden John W and Redden Wanda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,700
Interest Rate
5.86%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 20, 2006
Sold by
Norris Olie R
Bought by
Norris Michael W
Purchase Details
Closed on
Apr 7, 2005
Sold by
Norris Michael W and Norris Olie R
Bought by
Norris Michael W
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 |
|---|---|---|---|
| Lynch Jeffrey S | $155,000 | None Available | |
| Redden John W | $120,000 | Barristers Title Services | |
| Norris Michael W | -- | None Available | |
| Norris Michael W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lynch Jeffrey S | $108,000 | |
| Previous Owner | Redden John W | $120,700 |
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 | -- | $473,200 | $242,600 | $230,600 |
| 2024 | -- | $473,200 | $242,600 | $230,600 |
| 2023 | $3,786 | $473,200 | $242,600 | $230,600 |
| 2022 | $2,010 | $217,200 | $78,000 | $139,200 |
| 2021 | $2,010 | $217,200 | $78,000 | $139,200 |
| 2020 | $2,010 | $217,200 | $78,000 | $139,200 |
| 2019 | $1,741 | $217,200 | $78,000 | $139,200 |
| 2018 | $1,849 | $166,400 | $43,300 | $123,100 |
| 2017 | $1,833 | $166,400 | $43,300 | $123,100 |
| 2016 | $1,824 | $166,400 | $43,300 | $123,100 |
| 2015 | $1,809 | $166,400 | $43,300 | $123,100 |
| 2014 | $1,778 | $0 | $0 | $0 |
Source: Public Records
Map
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