Seller's Agent in 2022
Sunny Yates
Yates Realty Inc
(704) 737-1732
27 in this area
111 Total Sales
16403 Pinwhenny Rd Cornelius, NC 28031
Estimated Value: $3,522,000 - $5,037,827
0.58
Acre
$7,708,805
Price per Acre
25,439
Sq Ft Lot
Highlights
- Cul-De-Sac
- Bailey Middle School Rated A-
- Level Lot
About This Lot
As of February 2022This is a once in a lifetime opportunity to own the most desired trophy lot on Lake Norman. This waterfront lot has only exchanged hands once in nearly 30 years. Lots like this do not exist! This open channel, point lot has the most spectacular sunset views that you will ever experience.
Living here is like watching a live movie set of Lake Norman in action from your own backyard, from sparkling blue waters, to stunning vivid skies, to colorful sailing regattas.
Incredible brand new boulder seawall built to last for generations to come (5' High VA Fieldstone boulder wall
& 3' wide TN Crab Orchard cap). This is a Premier location in Cornelius and is just minutes to the Peninsula Country Club, Yacht Club, Dining & Entertainment and Waterfront Parks!
Over 320 feet of water frontage! Private Street! No HOA! Unmatched Panoramic Views!
"YOU CAN'T BUILD SUNSET LOTS, BUT YOU CAN BUILD YOUR DREAM HOME ON THIS LOT!"
Property Details
Property Type
- Land
Lot Details
- Property fronts a private road
- Cul-De-Sac
- Level Lot
- Possible uses of the property include Recreational/2nd House, Residential
- Property is zoned R122, R122
Outdoor Features
- Waterfront has a Concrete Retaining Wall
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Listing and Financial Details
- Assessor Parcel Number 001-071-60
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2022
Closed on
Feb 11, 2022
Sold by
Mcgibbon Gordon C and Mcgibbon Stephanie
Bought by
Watson Kevin and Watson Julie
Seller's Agent
Sunny Yates
Yates Realty Inc
Buyer's Agent
Nicole Leininger
Ivester Jackson Christie's
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,001,942
Avg. Annual Appreciation
16.28%
Purchase Details
Closed on
Mar 11, 2021
Sold by
The Chester Company Llc
Bought by
Mcgibbon Gordon C and Mcgibbon Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Watson Kevin | $2,500,000 | Matheson Law Firm Pa | |
| Mcgibbon Gordon C | $2,000,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcgibbon Gordon C | $1,425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2022 02/11/22 | Sold | $2,500,000 | 0.0% | -- |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- |
| 01/15/2022 01/15/22 | For Sale | $2,500,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
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 | $21,088 | $4,563,300 | $2,415,000 | $2,148,300 |
| 2024 | $21,088 | $3,213,600 | $2,415,000 | $798,600 |
| 2023 | $15,606 | $2,415,000 | $2,415,000 | $0 |
| 2022 | $13,582 | $1,600,000 | $1,600,000 | $0 |
| 2021 | $13,422 | $1,600,000 | $1,600,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sunny Yates
-
Nicole Leininger
Buyer's Agent in 2022
Nicole Leininger
Ivester Jackson Christie's
(704) 450-6280
10 in this area
124 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3821149
APN: 001-071-60
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