NOT LISTED FOR SALE

16607 Flying Jib Rd Cornelius, NC 28031

Estimated Value: $4,262,828 - $6,246,000

6 Beds
8 Baths
9,116 Sq Ft
$580/Sq Ft Est. Value

About This Home

This home is located at 16607 Flying Jib Rd, Cornelius, NC 28031 and is currently estimated at $5,288,609, approximately $580 per square foot. 16607 Flying Jib Rd is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Edwards Mark S and Edwards Stephanie L
Bought by
Mark S Edwards Revocable Trust and Stephanie L Edwards Revocable Trust
Current Estimated Value
$5,288,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$938,067
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$4,350,542

Purchase Details

Closed on
Sep 9, 2014
Sold by
Carraba Joseph A and Carraba Juanita
Bought by
Edwards Mark S

Purchase Details

Closed on
Nov 10, 2010
Sold by
Mcmahan Michael J and Mcmahan Kathleen M
Bought by
Carrabba Joseph A and Carrabba Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,416,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2006
Sold by
Crestwood Investments Llc
Bought by
Mcmahan Michael J and Mcmahan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,818,387
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 1999
Sold by
Teague Cathy B and Ervin Winfred R
Bought by
Mcmahan Michael J and Mcmahan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mark S Edwards Revocable Trust $13,000 None Listed On Document
Edwards Mark S $2,750,000 None Available
Carrabba Joseph A $2,360,000 Bridge Trust Title
Mcmahan Michael J -- None Available
Mcmahan Michael J $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark S Edwards Revocable Trust $1,200,000
Previous Owner Carrabba Joseph A $1,416,000
Previous Owner Mcmahan Michael J $1,818,387
Previous Owner Mcmahan Michael J $475,000
Source: Public Records

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 -- $4,535,140 $1,300,000 $3,235,140
2024 -- $4,483,940 $1,300,000 $3,183,940
2023 $29,020 $4,483,940 $1,300,000 $3,183,940
2022 $25,152 $2,977,300 $950,000 $2,027,300
2021 $25,016 $2,977,300 $950,000 $2,027,300
2020 $25,016 $2,977,300 $950,000 $2,027,300
2019 $25,010 $2,977,300 $950,000 $2,027,300
2018 $25,429 $2,355,900 $560,000 $1,795,900
2017 $25,249 $2,355,900 $560,000 $1,795,900
2016 $25,245 $2,355,900 $560,000 $1,795,900
2015 $24,888 $2,355,900 $560,000 $1,795,900
2014 -- $2,387,800 $560,000 $1,827,800
Source: Public Records

Map

North Carolina Mecklenburg County Cornelius 28031

16607 Flying Jib Rd, Cornelius, NC

This home is located at 16607 Flying Jib Rd, Cornelius, NC 28031 and is currently estimated at $5,288,609, approximately $580 per square foot. 16607 Flying Jib Rd is a home located in Mecklenburg County with nearby schools including Cornelius Elementary School, Bailey Middle School, and William Amos Hough High School.

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.

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